Most growing companies outgrow a finance controller before they realise it. The first CFO hire changes how the business plans, raises capital and reports to its board.
Define the stage you are hiring for
A CFO who can prepare a company for its next fundraising round is a different profile from one who can lead a listed company. Be clear about the next three years.
Look beyond technical finance
- Can they explain the numbers to non-finance leaders?
- Have they built and led a finance team?
- How do they handle investors and auditors under pressure?
Assess with real problems
Ask candidates to review your current reporting or a recent board pack and tell you what they would change first.
Plan for notice periods
Senior finance leaders often have three-month notice periods. Start the search earlier than you think you need to.
