The demand for interim CFOs is reaching new heights

To talk more about the trend, I sat down with Amelia Tyagi, CEO and cofounder of Business Talent Group (BTG), a Heidrick & Struggles company that provides project and interim executive talent for companies. BTG works with Fortune 1000 companies and global equivalents, private equity firms, and nonprofit organizations.

The most significant demand for interim execs in 2022 was in the office of the CFO, according to BTG’s 2023 High-End Independent Talent report released this morning. Interim CFO requests alone increased by 103% year-over-year at the firm, according to the report.  (click title to read more)

Should HR strategy be altered to account for economic trends?

Strong knowledge of your organization's financials and business plan, coupled with a focus on the most critical HR areas to meet that plan will guide you to adapt your strategy as needed. Ask one of our HR Executives to evaluate your needs.

Leverage the New Wave of Fractional Leaders

Not only can a fractional leader fill a gap in a part-time or full-time capacity, but they can also bring value as a company specifically seeks effective ways to scale without committing to a permanent employee. Fractional leaders should possess the new social skills so many companies are looking for, as a recent Harvard Business Review article titled "The C-Suite Skills That Matter Most" (paywall) highlighted.

Many ask the difference

A variety of roles within Accounting & Finance: CFOs, Controllers, and Senior Accountants each play an important part in the financial management of any business. While their duties and tasks may overlap, they have very different responsibilities day-to-day. The CFO (Chief Financial Officer) is responsible for providing strategic direction, developing capital structure strategies, and managing investor relations. By contrast, the Controller oversees financial compliance and reporting as well as day-to-day accounting activities. Finally, Senior Accountants are responsible for completing journal entries, posting accounts payable/receivable, and calculating taxes. Each of these positions plays a vital role in driving sound financial decisions that directly influence company performance.