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Best way to source a foreign CFO for Independent sub

I'm helping to recruit a CFO for a HK, Taiwan or Japan company.  I won't go into the details here of what I need...but in your experience what are the best resources for finding the right, vetted individual to play such a role in these three regions?  

Answers

Mark Stokes
Title: CFO
Company: Private
(CFO, Private) |

Big, big question, Keith. I've done this in HK before and my first choice was: local or expat? Lots of pluses and minuses with both and you didn't ask that question, but you should think about it if you have not (and you probably have - I'm just noting that for other readers).

If you are looking for expats, try the local US business organization. The one that is backed by the US gov't or the US Chamber of Commerce and is a focal point for ex-pat activities in many countries. They will be very glad to help you find and network with expats. They also know where to post jobs locally. Very helpful and won't cost you a dime. You really want to know these folks anyway, so it's good to do all around.

If you are looking for a local-born CFO, I find that the organizations noted above can be helpful, but you should also go to your local service providers, e.g. law firms and accounting firms. They will help you tap in to the locals side of things and will be great connectors for you. if you are dealing with firms that do a lot of work with global co's they will be very used to playing this role and will relish it as a simple value add they can provide to you, their client.

Topic Expert
Mark Richards
Title: VP of Finance & Operations
Company: RBA Consulting
(VP of Finance & Operations, RBA Consulting) |

Keith,

I went through this for hiring someone in Chile - we found that we got a number of great leads from our audit partner. In particular, individuals that they had worked with in other U.S.-owned firms, which made it easier for them to support the HQ requirements.

We did use a member of our finance team who spoke Spanish to help us during the interview (since I did not!), since it's not always easy to explain experiences in a 2nd language.

Hope this helps.

Mark

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