3 Signs It’s Time to Hire a Finance Manager

As a small business owner the buck stops with you.

You’re in charge of hiring, letting people go and charting the company’s direction. Sometimes you can feel like there aren’t enough hours in the day.

To reduce your workload, you’ve grown your sales force, hired an admin assistant and website manager. But what you really need is someone who can take your company to the next level, a business partner whose financial skill set complements your own. You need to hire finance manager. Here are three signs it’s time to start your search for a finance manager.

There’s Not Enough Time in the Day

One way to tell that you need to hire a finance manager is if the growth of the company and its demands exceed your time and expertise. By hiring a finance manager you leave yourself available to do what you excel at, whether that is sourcing new business or strategizing on team metrics. Your finance manager will offer you a new set of eyes and experiences that can help you grow your company in a direction that makes sense, saving you that rarest of commodities: time.

You’re Ready for The Next Level

When you hire a finance manager, you are in essence hiring a business partner. He or she will act as a liaison with the organization’s various departments, offering key financial advice and strategy to help them reach their goals and forecasts. A good finance manager is constantly looking for ways to add value, and their expertise will help you take your company to the next level. For example, if your company is moving from private to public, you can expect to have new reporting structures and guidelines to deal with. With a capable finance manager on board, the stresses of dealing with such a process are no longer yours to bear.

Greater Fiscal Controls and Restraints are a Reality

As you continue to grow your staff, you will need to hire a finance manager to ensure that fiscal controls and restraints are in place. A strong finance manager will monitor growth and make sure that it’s done in a responsible fashion. They will evaluate existing policies and procedures, and establish a culture of continual improvement, moving the company towards increased efficiency. By hiring a finance manager, you hire someone with an expertise in the development of internal controls, coupled with an eye for accuracy and the ability to meet aggressive deadlines.

Rest assured that when you hire a finance manager, you are hiring a person who is committed to driving value in all facets of the organization. Your new finance manager will bring a knowledge of how to formulate effective fiscal controls, monitor your company so that growth is conducted in a responsible fashion, and help your departments reach their individual milestones. When you hire a finance manager, you are bringing someone on board who can take your company to the next level and enable it to continue on its path to growth and success.

Let us know what you think! At Clarity Recruitment, we’re always interested in hearing from accounting and finance professionals like yourselves, who are ready for new, exciting opportunities that can take their careers to the next level. And be sure to follow us on Twitter (@clarityrecruits) and connect with us on LinkedIn and Facebook for more great tips and advice.