CFO Recruiters

CFO executive search for organizations based in North America, Western Europe, and Australia

The duties and skills that current day Chief Financial Officers are expected to address and maintain have substantially increased in scope over the past decade alone. Technological innovations have driven an increasing need to take full advantage of the benefits afforded by unique analytics, automation, visualization, and forecasting tools. Investors and corporate entities are requiring a more holistic approach to long-term activities, planning, and expectations. Cross-departmental integration and collaboration has become more the expected norm rather than an experimental part of growth and financial soundness.

Present trends show that approximately 60% of Chief Financial Officers are promoted to that position from within the company’s internal structure. For organizations who typically choose to utilize this path we offer succession planning assistance that will help you identify and prepare those individuals who are most likely to excel in the position.

For companies who are seeking new CFO’s outside of their current group, most are searching for individuals who have had prior success in the same type of role, have relevant experience in a similar vertical, and have the proven ability to utilize an ever-increasing array of financial and organizational accoutrements. Given the expertise required to implement a search for these types of individuals who are generally doing very well in their current slots, it’s imperative to work with a professional executive search partner.

The CFO recruiters at Renascent Solutions maintain close contact with a diverse group of financial experts who will be a superb match for positions in a number of domains and structures. Most importantly, we are experts at actively recruiting strong candidates who may not yet be on in our field of view but will most certainly perform exceptionally well in almost any given environment.

Current average tenure for CFO’s
Individuals operating as Chief Financial Officers now have the longest average length of service with their current company at about 5 years. This number has remained relatively stable over the past couple of decades although, as expected, there has been a fair amount of fluctuation in that figure given the changes brought about by the pandemic and various additional duties that may not have been desirable or addressable by a particular given individual. The median retirement age has also trended downward to a couple of years less than 60 contributing to a small part of this fluctuation.

What employers are seeking in a CFO in today’s business environment alongside the exceptional financial and accounting skills required

• The ability to collaborate effectively – The Chief Financial Officer role is no longer a highly siloed position. Indeed, the expectation for many is to provide leadership and ideas across a range of components of the organization.

• Honesty and trustworthiness – Unfortunately, we’re all very familiar with a number of corporate meltdowns over the past couple of decades that can be traced back to leadership in finance. To contrast, those who are willing to take calculated, fully examined risks that are always in the best interest of the company are well-received and highly sought after by forthright ventures.

• Flexibility and the capacity to adapt – Change occurs at an ever-increasing rate in modern technology companies and it’s imperative that a financial lead be able to address a wide range of needs, desires, demands, and potential problems.

• Communications skills – Numerous audiences and employees require various approaches to effectively tell the corporate financial story and plan for success.

• Analytical competency – A plethora of available instruments and data have made the position potentially more efficient and productive on a yearly basis. However, it requires a well-matched leader to properly implement these powerful devices and disperse cogent and salient conclusions and plans of action.

• Capabilities and knowledge that extends outside of the financial realm – modern CFO’s know how to incorporate facets from all structures within a corporate formation.

Chief Financial Officers who have a well-rounded background and a strong capacity to think on a strategic level are currently in high demand. We can help you locate and hire the best match for your particular needs.

Chief Financial Officer executive search
The CFO recruiters at Renascent Solutions have been helping companies locate and hire exceptional corporate finance leaders for over 20 years in host of technology-related sectors. Our retained approach is unique in the industry (Retained Recruitment), and our ability to locate and prompt superb leaders to take on a new position is unmatched.