One of the challenges of today's organizations is the creation of financial departments to provide real added value and effective operation of the organization with a good deal of rigor, creativity and anticipation.
In modern finance departments is not enough to manage the financial resources, planning, controlling and issue the required information. You must do all that, YES, but should be WELL DONE.
Financial professionals are needed to provide that extra effectiveness, efficiency, empathy, rigor and pragmatism.
My experience leads me to say that nowadays a full-time CFO spends about 30% of their time on strategic issues and direction to applying his talents, while the remaining 70% of his time is devoted to activities routine and technical or administrative aspects of his department, that could delegated to less qualified staff.
Why, then, pay eight hours a day when you can have 100% of the required talent for a third of the time and cost?
My proposal: RENT ME as CFO (head-renting)
Option 1: CFO
In this mode, my role is to assume the executive function of the Finance Department in the company, usually part-time. This responsibility can be exercised also in support of the Financial Management within the organization. Also, in times of change or transition, for a limited time to cover a specific mission.
Option 2: Head / coordinator for a specific project (interim management)
Here is my executive function steering and coordination needed to drive and carry out specific projects.
For example:
· Financial analysis of the organization - the company's financial situation, reliability of information issued, procedures, administrative processes, internal control, organization and operation
· Planning and Information Systems / reporting - Preparation of Business Plan / Budget / Forecasts / Closings / Strategic Planning, Reporting / Dashboard, Regulations and Procedures
· Financial and Management Department Organization teams - operational structure, management control
· Financing / Cash Management / Treasury - Obtaining financing, planning and resource optimization
· Costs - Implementation of a Cost System, Cost Reduction Plan
Advantages of the head-renting
The head-renting of the Finance Department has the following advantages:
. Variability. This is an external service that is managed by the issue of a monthly bill, and therefore does not increase the workforce.
. Flexibility. Part-time and flexible to be arranged according to your business needs, you get all the talent, but only pay for the part-time agreed.
. Reducing management costs, which often represent a significant portion of the fixed cost of the company.
. Immediate incorporation and without charge for the head-hunting.
. Experience and empathy. We adapt in any way necessary to the business culture of our clients.
. Satisfaction guaranteed. In case of dissatisfaction you may terminate the service at any time without any compensation or penalties.
You can find me:
Mail: salvadorsamaranch@yahoo.com
Mobile: (00 34) 619 37 44 26
Linkedin: http://es.linkedin.com/in/salvadorsamaranch
Skype: salvador.samaranch
