As an executive search firm, we are often approached by CEO’s directly regarding what qualities and skill sets they look for in a successful CFO, or Chief Financial Officer. If you’re currently a CFO, or searching for one, this information can be invaluable during your search and hiring process.
Through working with CEO’s from a variety of different backgrounds and industries, including finance, accounting, operations, HR, & IT, we’ve established the top 10 qualities CEO’s are looking for in CFO’s:
Top 10 Skills and Attributes Requested in a CFO:
1. Honest, trustworthy and high in integrity
2. Strategic minded with ability to understand all aspects of the business
5. Collaborative, team oriented
6. Ability to communicate well with all level of employees (orally and written).
Example – Ability to communicate relevant and timely financial and management information effectively
(analysis, KPI’s, charts, graphs)
7. Effectively coach and mentor others
8. Decision making ability
9. Solid understanding of GAAP and corporate taxes but not a technician
10. Strong financial generalist/multi-disciplined. Technical enough in the following areas to).
work with outside specialists, spot problems or opportunities:
-Mergers and acquisitions
-Employee benefits (health insurance, 401k, life insurance, etc.)
-Risk management and Insurance
Are there any qualities that you think we’ve missed? Please leave a reply in the comments section below!