Foster McKay’s Post

In today’s competitive business landscape, recruiting the right person to lead your finance department is more critical than ever. What does a leader of the highest calibre bring to the table? A skilled finance leader sets the course for financial success with a strategic vision. They analyse data, forecast trends, and make informed decisions that drive growth. Their strategic vision aligns with the company’s goals, ensuring financial stability. The right leader understands risk and compliance. They safeguard the company against financial pitfalls, regulatory issues, and fraud. Their expertise minimizes risks and protects the organisation’s reputation. A strong finance leader inspires their team. They mentor, motivate, and foster collaboration. When employees feel valued and empowered, productivity soars, leading to better financial outcomes. Effective leaders optimise costs without compromising quality. They identify inefficiencies, streamline processes, and allocate resources wisely. This directly impacts the bottom line. Investors, board members, and clients trust a capable finance leader. Their transparent communication and financial acumen build confidence, attracting investment and partnerships. Remember, hiring the right finance leader isn’t just about filling a role, it’s about shaping the future of your company. Choose wisely! As executive search specialist I can ensure that the journey to selecting the perfect candidate is as smooth as possible. For more information or to arrange a consultation please reach out! 📞 01642 256420 📧 james.tilly@reed.com #financeleadership #hiringsuccess #businessimpact #executivesearch #financerecruitment #reedfinance

❌MISCONCEPTION ALERT❌ Non-executive directors are just ‘advisors’. Here's the reality: Being a non-exec director is a proper job. You have real duties, responsibilities, and liabilities. Just because the role doesn't involve daily operational decisions doesn't diminish the importance of their function in a company. They are there to: - Set strategy - Decide on investments - Play devil’s advocate - Check and balance - Hire and fire executives - Ensure compliance And while they aren't involved in day-to-day operations, they're still held legally accountable for every decision made and are subject to Companies Act duties. In fact, non-execs often bring a unique outside perspective and a wealth of experience to the table. So, if you're considering taking up a non-executive director role, don't underestimate its importance and impact. It's a position of trust and responsibility that requires a lot of hard work and dedication.

Strategic Financial Support Without the Full-Time Cost Imagine having access to a highly experienced Finance Director when you need it, without the overheads of a full-time hire. A Virtual FD brings: ✅ Expert financial leadership ✅ Cost-effective solutions ✅ Flexibility to scale with your business Streamline your processes, improve cash flow, and focus on growing your core business. Ready to unlock your business's financial potential? 📞 Contact us today to learn more! Link in the comments. #VirtualFD #FinanceLeadership #BusinessGrowth #FinancialStrategy

Conducting thorough financial reviews is essential for maintaining financial integrity and ensuring a smooth leadership transition. https://lnkd.in/enSWzm5q #FinancialReviews #Hiring #Management #CFOServices

Is your company planning to hire a new CFO? Naturally, “financial acumen” (or the ability to manage the company’s finances effectively) topped the list of most-desired skills for CFO candidates in a recent survey of hiring managers. However, respondents prefer candidates who also possess nonfinancial competencies in areas such as leadership/strategy, compliance and regulations, technology and analytics, the company’s industry, and relationship building. Finding the right person to join your executive team can be challenging. You might even want to outsource the position. Contact us for help evaluating CFO candidates to find the right mix of skills and experience for your company.

"Debate Topic: In leading a technological company, should the Operations Director possess a Financial or Technical/Engineering background? 🤔 As a CEO with extensive experience, I've observed the merits and drawbacks of both backgrounds. While Finance professionals offer a keen eye for day-to-day financial management, they might lack the technical insight and long-term vision crucial for innovation and growth. On the other hand, Technical/Engineering backgrounds bring a deep understanding of the product and industry, yet may overlook financial intricacies. Moreover, when aiming to enhance margins, should the focus be on cutting costs or boosting sales? Each strategy has its proponents, but which path truly aligns with sustainable growth and profitability? Ultimately, what matters most in steering a company towards success: financial acumen or technical prowess? Or perhaps, is it the passion for the business that serves as the most invaluable compass? Let's delve into these questions and uncover the ideal profile for an Operations Director in a technological company. 🔍💼 Whats your insights and experiences?? 👇 #TechLeadership #BusinessStrategy #FinanceVsEngineering"

Is your company planning to hire a new CFO? Naturally, “financial acumen” (or the ability to manage the company’s finances effectively) topped the list of most-desired skills for CFO candidates in a recent survey of hiring managers. However, respondents prefer candidates who also possess nonfinancial competencies in areas such as leadership/strategy, compliance and regulations, technology and analytics, the company’s industry, and relationship building. Finding the right person to join your executive team can be challenging. You might even want to outsource the position. Contact us for help evaluating CFO candidates to find the right mix of skills and experience for your company.

Is your company planning to hire a new CFO? Naturally, “financial acumen” (or the ability to manage the company’s finances effectively) topped the list of most-desired skills for CFO candidates in a recent survey of hiring managers. However, respondents prefer candidates who also possess nonfinancial competencies in areas such as leadership/strategy, compliance and regulations, technology and analytics, the company’s industry, and relationship building. Finding the right person to join your executive team can be challenging. You might even want to outsource the position. Contact us for help evaluating CFO candidates to find the right mix of skills and experience for your company.

Is your company planning to hire a new CFO? Naturally, “financial acumen” (or the ability to manage the company’s finances effectively) topped the list of most-desired skills for CFO candidates in a recent survey of hiring managers. However, respondents prefer candidates who also possess nonfinancial competencies in areas such as leadership/strategy, compliance and regulations, technology and analytics, the company’s industry, and relationship building. Finding the right person to join your executive team can be challenging. You might even want to outsource the position. Contact us for help evaluating CFO candidates to find the right mix of skills and experience for your company.

Is your company planning to hire a new CFO? Naturally, “financial acumen” (or the ability to manage the company’s finances effectively) topped the list of most-desired skills for CFO candidates in a recent survey of hiring managers. However, respondents prefer candidates who also possess nonfinancial competencies in areas such as leadership/strategy, compliance and regulations, technology and analytics, the company’s industry, and relationship building. Finding the right person to join your executive team can be challenging. You might even want to outsource the position. Contact us for help evaluating CFO candidates to find the right mix of skills and experience for your company.