How to grow your Business

How to write a job description for a CFO

Valentina GolubovicValentina Golubovic
Last updated on:
August 11, 2022
Published on:
April 28, 2022

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Writing a job description is an essential part of any job posting. A well-written job description can boost your company's presence in the market, draw in suitable candidates, and ultimately help you fill the position with a qualified candidate. As such, it is important to do this accurately.

Job title and summary

Clearly outline the expectation of the role. You'll need someone with strong financial expertise, relevant certificates and education, and, ideally, someone who knows your industry. Soft skills are also crucial in an effective CFO as they will be a vital member of the team and have a leadership role in your company.

Include a company summary that will give candidates an insight into their role and company culture. A comprehensive overview will attract the ideal candidate who will have a genuine interest in your business, reducing any misunderstandings further down the line.

Duties and responsibilities

Some duties and responsibilities include the following:

• Monitor cash balances and cash forecasts

• Developing long-term business plans based on these forecasts

• Arranging new sources of finance for a company's debt facilities

• Supervising staff, including financial accountants and financial controllers

• Producing accurate financial reports to specific deadlines

A CFO will have many more tasks which they will be required to perform and oversee, depending on the size and nature of your business. A smaller company may need the CFO to be hands-on and proactive.

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Requirements

Here, you can narrow down your applicant by being explicit regarding education, experience and achievements. One thing to be mindful of is not to overload this section with unnecessary information. Having an extensive requirement section can deter more than capable candidates from applying. 

Some requirements can include:

  • a Bachelor's degree in any discipline 
  • qualified accountant (ACCA, ACA, CIMA) or have further studies in finance 
  • proven experience in a fast-paced executive role 

It may seem trivial, but a well-written job description can make the difference in turning away unqualified candidates and attracting high-quality ones. Take some time to give it a good review before posting it online.

After you find your ideal candidate, consider using Legislate to draft your employment agreement. For more information on how to create your agreements with Legislate, sign up, read our employment contract tutorial or book an introductory call with one of our team members.

The opinions on this page are for general information purposes only and do not constitute legal advice on which you should rely.

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