Finance Director & Accountant Cambridge

Hire a CFO or Financial Controller?

Whether to use a Financial Controller or a CFO or Finance Director? Generally, a Financial Controller will report on the current and historic performance of a business. Familiar with accounting standards, reporting requirements such as GAAP and IFRS and taxation, a Financial Controller should be able to prepare a set of financial statements and provide clarity of the current situation. A Financial Controller should also be able to implement and improve internal controls.

A good CFO should be competent at handling the deliverables of the Financial Controller (notably financial reporting) and some. The CFO’s role is more forward looking, playing a leading role in strategy, commercial direction and generating ideas to grow a business and maximise the return on capital employed. Specifically, a CFO should add value in the following areas:  preparation of KPIs, key performance indicators, forecasts; risk management; leadership and development of the finance function; integrity and ethics; an ability to think strategically; communication skills – and the ability to perform as a business partner with other business functions; international experience; leadership of IT (information technology) and processes, and most importantly, an ability to react to, and drive change in order to maximise the opportunities presented by the business environment.

Your business will benefit from the skills of a CFO who will add value to drive profits and return in investment. Contact us and see how we can help.