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Are you looking for a financial controller to help manage your business’s finances? Hiring a financial controller can be a critical step in ensuring your company’s financial stability and growth. But how do you go about finding the right person for the job? We’re glad you asked. Here are some simple steps you can follow that will show you how to hire a financial controller, including tips on what to look for in a candidate.
Assess Your Business’s Needs
Before you start your search for a financial controller, it’s essential to understand your business’s financial needs. What are your financial goals? What kind of financial management do you require? This will help you identify the type of financial controller you need.
Create a Job Description
Once you’ve identified your business’s financial needs, it’s time to create a job description that really defines the question, “What is a controller?” and what you should expect from this individual. The job description should also include a clear description of the financial controller’s responsibilities, qualifications required, and experience needed. Be sure to include any essential skills, such as experience with financial reporting, budgeting, and forecasting.
Advertise the Position
When you’re contemplating how to hire a financial controller, posting for the job vacancy probably is the first thing to come to mind. To attract qualified candidates, you need to advertise the position in the right places. Consider posting your controller for hire job description on professional social sites such as LinkedIn. You can also post your advert on job boards, social media, and professional networks. You can also reach out to recruiting agencies specializing in financial roles.
Screen Resumes
Once you start receiving resumes, it’s time to start screening candidates. Look for candidates who meet the qualifications and experience outlined in the job description. Ensure that candidates have the required education, certification, and experience.
Conduct Interviews
After screening resumes, it’s time to start conducting interviews. Prepare a list of questions that will help you understand the candidate’s experience, skills, and financial knowledge. Ask about their experience with financial software and their ability to analyze financial data.
Check References
Before making an offer, it’s essential to check references when hiring a controller. Speak with previous employers and colleagues to get a sense of the candidate’s work ethic, skills, and overall fit with your organization.
Make an Offer
Once you’ve found the right candidate, it’s time to make an offer. Be sure to outline the responsibilities, compensation package, and benefits of the position clearly. Ensure that the candidate has all the information they need to make an informed decision.
Matt Garrett is the Founder and Chief Executive Officer of TGG. He is a regular speaker across the country on behalf of Vistage educating business owners on the need for sound financial practices, and is Vice President of the Board of Directors of FINACA. Under Matt’s leadership, TGG has received the following recognition: INC. 5000 top companies in the U.S. five years in a row; one of “San Diego’s Fastest Growing Companies” the past four years; and is among San Diego’s “Best Places to Work.”
