CFO vs Financial Controller: Which One Does Your Business Need?

At any size and level of growth, long-term financial strategy and day-to-day financial monitoring are vital to the health of a business. Failure to conduct due diligence in finance and accounting most especially impacts the long-term performance of small businesses and start-ups. However, being able to afford a CFO or a Financial Controller, or both, is one of the largest factors preventing businesses from hiring these vital finance roles.
We will briefly cover the key differences between a CFO and a Financial Controller, then evaluate at what point in the growth of your business either service would be most necessary or beneficial, and finally help you to understand how to implement a plan that fosters the long-term financial health and performance of your company.