Selecting the perfect interim or part-time Financial Executive: a guide to finding the ideal match for your businessJana Engelbrecht
The process of choosing the ideal interim or part-time Financial Executive for your business is a meticulous journey that requires careful consideration.
Financial Executives bear the dual responsibility of safeguarding your company’s financial health while steering it towards strategic growth. Neglecting a strategic approach to the interview process can result in missed insights, both positive and negative, about your candidates. Failure to follow this method could lead to hiring decisions that are less than ideal, potentially causing retention issues down the road.
Here, we present a curated list of interview questions tailored to the interim or part-time Financial Executive role to enhance your interview process and find the perfect fit.
What sets you apart from other Financial Executives?
This question helps gauge the candidate’s distinct qualities that make them stand out. It could be their industry-specific expertise, career achievements, or their unique personality. Their response will offer a glimpse into their confidence level, helping you determine if it’s well-balanced or overly self-assured.
How have you overcome obstacles and challenges?
Assess the Financial Executive’s ability to navigate adversity throughout their career. This question unveils their tenacity and resilience. For example, if they’ve faced professional setbacks, understanding how they overcame them is crucial.
Where do you envision yourself in five years?
This question is pivotal to ascertain if the candidate has long-term aspirations within your company. An “I don’t know” response may raise concerns, while a candidate expressing a desire to grow is a promising sign.
Are you open to working extended hours when needed?
Serving as an interim or part-time Financial Executive can be demanding, especially during critical periods. Assess the candidate’s willingness to commit extra hours, especially during the onboarding phase when they familiarize themselves with your organisation’s systems and processes.
What do you know about our company, industry and competitors?
Encourage candidates to summarise their knowledge of your company and the industry. This question provides insights into their pre-interview research. Candidates well-prepared with comprehensive responses demonstrate their dedication and commitment.
Selecting the perfect interim or part-time Financial Executive for your business is a meticulous process, but it’s one that’s well worth the effort. The challenge lies in the fact that most businesses can’t afford to wait for extended periods without a senior financial leader in place. Fortunately, financial outsourcing companies like The Finance Team offer a solution. We provide experienced part-time or interim Financial Executives and Chief Financial Officers, ensuring your business’s financial operations continue to flourish. Have a look at our associates here. These interim financial leaders bring immediate expertise and guidance, allowing your organisation to thrive.