Questions to ask? Flashcards

1
Q

Top 6 organization questions?

A
  1. What does the management team look like?
  2. What does the finance org look like?
  3. What does the sales org look like? How have they done vs quota in recent years? Do you have a CRM? if not, how is pipeline managed?
  4. Given that the cash is low, how will we continue to fund future operations? is there a path to profitability?
  5. Does the company have a budget process and 13 week cash flowing reporting?
  6. How well is the new product line selling? what has the growth looked like?
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2
Q

Top 5 CEO questions

A
  1. What did the current CFO do well and what areas would you like to see improvement?
  2. when is the financial package delivered to you each month?
  3. Any major pain points in the next few months?
  4. How do you see the finance function evolving in the next 2-3 years?
  5. how did the netsuite implementation go? do you have an admin to make changes and updates?
  6. What are the top priorities you expect the CFO to tackle in the first 6-12 months?
  7. How do you prefer to work with your CFO?
  8. Tori mentioned that you will be moving away from the legacy product lines. When will this happen and how much to anticipate receiving for this?
  9. What differientiates your products from competitors? what is your TAM and current market share?
  10. If I join as CFO, how will we measure success in this role?
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3
Q

Questions to ask direct reports

A
  1. can you tell me about your role and your pain points??
  2. how long have you been here and what do you like about it?
  3. What’s working well, and what could be improved?
  4. Are there any cross-functional challenges where finance could be more effective?
  5. What do you need from me as a leader to be more effective in your role?
  6. What do you feel has been missing in finance leadership?”
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