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If you are looking to hire a CFO in your business, here's what you should do : 1. Identify the type of CFO you are looking for Depending on where your business is at now and where it's heading, you may require a particular set of skills to help you materialise your long term plans. Do you need a CFO with strong M&A exposure? Do you need a CFO with strong procedural and organizational exposure? 2. Define the results that the new CFO must achieve in the first 6 - 12 months Clarity is nonnegotiable when hiring, even more so at C Suite. Discuss the results you are aiming for during the interview process to assess skills, as well as willingness to be involved and dedicated to achieving those 3. Understand your limitations Identify where the bottlenecks are in your current structure and where you can improve - discuss those candidly, so together with the CFO you can implement safety nets and improvement processes & targets Want to talk more about your next CFO appointment ? Reach out via DM or talk to me tomorrow at the Malta SME Conference if you're attending
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Expanding businesses, remember that you don't have to navigate the complexities of financial management by yourselves. Hiring an outsourced Chief Financial Officer (CFO) can provide your company with the strategic guidance it needs without the financial burden of employing a full-time executive. Engaging with an experienced CFO can bring invaluable insights and oversight to your financial strategy, helping to steer your company towards sustainable growth. Let's open a dialogue about how the right financial leadership can be a catalyst for your business's expansion and success. With an outsourced CFO, you gain access to top-tier financial expertise that is both cost-effective and tailored to your enterprise's unique needs. Read more at https://lnkd.in/gTXBe_rV
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The benefits of hiring a Fractional Finance Director.
Could hiring a fractional finance director be a gamechanger for your organisation? 🤔 Fractional finance directors provide part-time financial leadership to companies, offering a cost-effective solution for businesses that may not require a full-time CFO. 💼 They bring expertise with a cost-effective price tag 💰, providing your organisation with access to high-level financial guidance without committing to a full-time hire. Helping you to streamline financial operations, improve your cash flow management and provide valuable insights for strategic decision making. Our AAB Group colleague Lauren McIlroy explores the role of a fractional finance director in her latest blog. Find out if this approach would be right for your business: https://lnkd.in/eU2nPxg5 #fractionalfinancedirector #financialleadership #strategicplanning #cashflowmanagement #businessgrowth
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Financial Affairs Administrator-Financial Data Analysis - Feasibility Expert - Costing Management - Computer Management Systems - System Management Specialist
Chief Financial Officer
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