How to Hire a Chief Financial Officer

Does your growing business need a Chief Financial Officer? A Chief Financial Officer works to establish and monitor financial policies as well as operational budgets.

Here are some tips to help you find great Chief Financial Officer candidates and make the right hire for your business.

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Chief Financial Officers search for Jobs on Indeed*

148,121

job seekers clicked on Chief Financial Officer jobs

26,635

resumes from job seekers with Chief Financial Officer experience on Indeed

2,108

Chief Financial Officer jobs that received clicks

Salary Information

  • Common wage in US: $32.29 hourly
  • Typical wages range from $14.50$151.50 hourly
  • Find more information on Indeed Salary
Common
$14.50
$151.50

*Indeed data (US) – Jan 2019

Why hire a Chief Financial Officer?

The need for new staff can affect both your existing team and your bottom line.

A great Chief Financial Officer can help your business:

• Generate the requirements for operational and departmental budgets
• Create and enforce operational policies that increase systemic efficiency and reduce costs
• Manage or co-manage all banking activities, financial agreements, and funding as well as debt sources

Skills to look for in a great Chief Financial Officer

A great Chief Financial Officer candidate will possess the following skills and work experience that reflects:

• A Bachelor’s or Master’s degree (or higher) in finance, economics, business or accounting
• CPA certification may also be preferred
• A minimum of five years of applicable experience as a CFO or in accounting
• Strong leadership
• Collaborative problem solver
• Multitasking is essential

Writing a Chief Financial Officer job description

A thoughtful description is important to finding qualified Chief Financial Officer candidates. A compelling job description for a Chief Financial Officer includes a complete summary of the role, a comprehensive list of duties and responsibilities, both the required and preferred skills for the position, and compensation information.

Consider including keywords that job seekers are using to search for Chief Financial Officer jobs, such as:

• Chief Financial Officer
• CFO
• Financial Controller

Interviewing Chief Financial Officer candidates

Strong candidates for Chief Financial Officer positions will be confident answering questions regarding:

• Prior successes they’ve had as a CFO
• Their leadership principles and how they’ve previously approached their leadership role
• Advanced budget analysis and financial reporting techniques

See our list of interview questions for more examples.

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