Expanding the Entrepreneurial Team Chief Financial Officer - 550 Words

Expanding the Entrepreneurial Team: Chief Financial Officer (CFO) (Essay Sample) Content: Expanding the Entrepreneurial TeamName Institution Expanding the Entrepreneurial TeamChief Financial Officer (CFO)The chief financial officer (CFO) is an important management member of the company who is chiefly accountable for managing the financial risks. The officer is also accountable for financial reporting, record-keeping, as well as financial planning to the higher management. For Simplex Solutions, there is the need to undertake a rigorous selection process to hire a resourceful and qualified CFO.I will pick Wei as the chief financial officer for Simplex Solutions. Because the company seeks expansion of its business, Wei is a suitable candidate for this position as he was part of the team that took his company in Hong Kong from early stage to a successful IPO. Wei has strong academic background in the field of accounting where he is a certified accountant trained in Hong Kong and United States. Also, Wei holds masters of business administration (MBA) from INS EAD. This strong academic background is crucial in finance field. This will allow Wei to handle different financial tasks efficiently and make appropriate financial decisions. Simplex Solutions being a company seeking growth, Wei will be the most suitable candidate as will propel the company to great achievement. Wei is a team player, which implies that he will benefit the company because teamwork is very important when undertaking important financial decisions. Furthermore, Wei has experience in financial matters as seen when he managed to assist the logistics company in Hong Kong to come out of hard financial market conditions. This experience is important for the success of the company because this will enable the company to manage financial risks. Wei has excellent analytic and thoughtful skills that are important in making financial decisions within the company. Additionally, Wei is seeking an opportunity to gain international experience where the logistics company will offer. Chief Marketing Officer (CMO)Marketing is an important function of management team in a given company. Because the logistics company is seeking to expand its markets, it will be important to look for a competent candidate to fill the position of the chief marketing officer (CMO).Chief marketing officer is a companys executive accountable for marketing activities within the company. Since the logistics company is looking ways to expand its growth, it will entail redefinition of the methods the marketing function undertakes the critical tasks. The CMOs assumption of a greater role as the voice of consumers across the corporation is to respond to the changes in the market. For the position of chief marketing officer, I will pick Kumar for the position. Kumar has reputa...