If you’re the owner or CEO of a small business that’s growing or looking to expand, you almost certainly have corporate finance positions to fill. But if you don’t have a financial background yourself, picking the various financial professionals who will be integral to the success or failure of your company may seem like an overwhelming task. Here are some reasons to consider hiring a recruiter who works exclusively in the realm of finance careers to help you out in your search:
- An Understanding of Finance Careers
The first step in hiring the right financial management team for your company is understanding the different kinds of jobs in accounting and planning that you might need filled. If you don’t know the difference between a chief financial officer, a vice president of finance, a corporate controller and an accountant, then a recruiting firm can help you determine what your company really needs to thrive.
- Candidate Research
Once you’ve established the exact positions you need filled, a recruitment company will go through a wide range of candidates in order to provide you with a short list. Instead of just matching up technical requirements with resume bullet points (as an online candidate search will), a recruitment firm will ensure that anyone you interview will be an asset to your company culture.
- Assistance in Salary Benchmarking
One of the toughest questions to answer when hiring in corporate finance positions is what salaries you should be offering job candidates. A recruitment firm will be able to provide industry-standard figures and make sure you’re staying competitive — which will allow you to attract the best talent — without putting your company in a bad financial spot right off the bat.
- Greater In-House Productivity
Searching for a high-level team member is an exhausting and time-consuming process. Contracting that process out allows you and your existing staff to focus on your productivity so that both you and your recruitment firm can do what you each do best.
- Reduced Search Time
Every month that you don’t have a good financial team in place is a month that your company is assuming unnecessary financial risk and delaying your ultimate goals. Hiring a dedicated company can ensure that you have someone in place and ready to get started as quickly as possible.
Do you have any other tips for filling corporate finance positions? Give feedback and join the discussion in the comments section.