Archive for January, 2015
Finding the perfect candidates for financial management jobs is not an easy task, especially if your company is looking for executive finance managers, like CFOs (chief financial officers), for the first time.
Chief financial officers, often referred to as chief financial and operating officers, can be incredibly beneficial for companies — but only when the right candidate is hired. And considering how much the average CFO job description has changed in recent years, it’s important to remember that there are basic qualifications for financial manager jobs, but that these qualifications should be used as guidelines and not concrete rules.
Deciding to create additional executive corporate finance positions — or even just one position, for that matter — is a huge decision for a small business to make. Bringing in a CFO (chief financial officer) for the first time can be a major , positive milestone, and it can also be a little scary and intimidating.
With that in mind, here are a couple things to consider before you decide that your small business needs to hire a CFO:
The CFO job description, versus a CEO: As the name would suggest, a CFO is in charge of handling all the financial tasks, and usually managing additional company accountants and financial analysts, so your business should only be considering a C
Handing the accounting responsibilities for a company can be very difficult, especially if math isn’t exactly your forte. Fortunately, there are accounting services that are happy to make this job easier on you. They will handle all the accounting needs for your business, allowing you to focus on the things that are more important, and that you are more passionate about.
Some people are nervous about hiring accounting services, because they don’t want to let their business’s finances out of their hands. But bookkeeping and accounting services are professionals who specialize in this kind of thing. Not only will they be very professional and confidential, but they will also likely be able to provide better accounting services, as they know the ins and out of the accounting busines
As any business owner will attest to, managing your business’s finances includes more than just calculations and spreadsheets on paper. It includes actually counting and verifying the money. Property counting, stacking, and verifying money is an overlooked yet essential component of any business, and there are a variety of cash management systems at a business’s disposal.
One cash management solution would be to get a currency-counting machine. A currency-counting machine is simply an automated machine that counts money — both bills and coins. Automated currency-counting machines were first introduced in Great Britain in 1980 and have been a popular asset for businesses since. Continue Reading No Comments
A chief financial officer — commonly referred to as a “CFO” — may not have been one of the most essential financial management jobs in the corporate world a few decades ago, but these days, CFOs are becoming some of the most important executives in the most successful companies. If you’re a bit unsure why so many companies are willing to invest so much time and energy into finding good CFOs, here are just a few basics about the job:
- A CFO is essentially a company’s financial manager, and usually directly to the company’s CEO and board of directors. Whereas a CEO tends to oversee the company’s general management, a CFO is in charge of every financial aspect of the company, as well as the employees who have financial jobs in the company.
- Although the qualifications for becoming a
Regardless of whether you’re just an individual looking for some bookkeeping and accounting help with your budget or a business with larger financial concerns, hiring accounting services is a smart move. One of the most important aspects of managing your money involves knowing how to file taxes properly, and an accountant can relieve you of all the worry about whether you’ve done it correctly. This applies to small businesses and independent contractors as well. When in doubt, give it a shot! The worst that happens is you pay a fee and go back to handling it all yourself afterwards, but a good accountant pays for itself in time and might even save you money in the longer haul. Here are five basic reasons for how accountants can prove useful to you: