Like many job titles, the definition of VP of Finance varies. Some firms view the VP of Finances the director of the financial organization; responsibilities might include day-to-day accountancy and management of the clerical staff. Other firms view the VP of Finance as an executive akin to the CFO; in additional to financial management, responsibilities might include strategic thinking about the firm’s major decisions.
VP of Finance recruiting requires a clear vision—and a precise job description. A smaller startup working without a finance department might post fora manager to handle both accountancy and human resources. A larger startup, on the other hand, might post for a visionary to lead the firm to an IPO. An inaccurate job description can lead to a bad hire. Yet a precise description is only the first step