Technology

We recruit full-time, part-time, portfolio and interim specialist tech CFOs and FDs. Call us on 020 3287 9501.  FD Capital is the leading specialist in CFO and FD recruitment and is based in the heart of London at Great Portland Street.

The current upheaval within the tech industry is only one reason why more companies are recruiting CFOs to navigate the way forward. The impact of rising costs on consumers and the current macroeconomic uncertainty is forcing tech companies put their growth strategies on hold, reduce spending, and re-think development projects.

Human capital is another concern for tech companies. Increasing interest rates, lower-than-expected earnings, and slow growth have accounted for headline-making layoffs across the UK and internationally. Today’s tech CFOs must navigate an increasingly regulated industry, global supply challenges, and macroeconomic uncertainties.

The role of CFO has long evolved beyond financial management. Many of today’s tech CFOs are tipped to be tomorrow’s CEOs with public profiles to match. We’re experiencing a sharp rise in demand for technology-focused CFOs, including those who successfully delivered on IPO and private equity fundraising.

Tech businesses contribute to companies in several ways, from promoting employee retention to implementing cost-saving measures and overseeing investor relations. FD Capital offers a full 360-degree approach to CFO and FD recruitment with our traditional recruitment and headhunting services. We’ll connect you with a CFO who will help you achieve your company’s short and long-term goals.

Tech CFOs serve two primary functions, overseeing the company’s financial health and protecting its assets. Establishing KPIs is vital to put data and forecasting in context. A tech CFO will invest in technology and software to implement real-time data into the decision-making process and ensure financial transparency.

Every tech company can adapt the role and responsibilities of CFO to meet their needs, whether it’s preparing for an IPO or refinancing the company through private equity.

A CFO’s focus on strategy and forward development makes them an ideal candidate for stepping up to the role of CEO. Tech companies may decide to headhunt a CFO as a potential successor to ensure a seamless CEO transition.

The data and financial insights provided by a CFO will influence the CEO’s decision-making process, making the CEO-CFO relationship crucial for the company’s success. Our tech CFO headhunting service enables CEOs to be actively involved in the recruitment process, while still outsourcing the labour-intensive aspects of it.

A tech CFO provides the company with financial credibility, making them more attractive to traditional financial institutions and private investors. They can negotiate better terms for financial products, including credit lines. Our tech CFOs have extensive networks and connections with venture capitalists and private equity investors, ideal for tech companies exploring their funding options. We recommend recruiting a tech CFO at least three months prior to a funding cycle.

Today’s technology CFOs can largely be considered ‘wartime’ appointments as the industry evolves in the face of employee cuts, growing regulations, and growing AI and automation. Tech CFOs are currently experiencing both sides of the coin, whether they’re navigating the economic turmoil or identifying development opportunities to expand a financially sound company.

However, every tech CFO will be facing several similar challenges that they must consider alongside the CEO when developing the company’s financial strategy.

Tech CFOs are leveraging digital tools to unlock data and streamline strategy development. CFOs are increasingly stepping up in leadership roles, moving beyond number crunching to focusing on value creation.

We can think of tech CFOs as having three roles within their company: being an architect creating business value, and a catalysts for change and transformation, while also being responsible for the company’s financial health.

Tech CFOs are being empowered through digital tools to streamline their operations and adopt data-driven decision-making. Digital transformation can promote collaboration with stakeholders, including supply chain partners. CFOs will strive to identify and analyse new data to unlock its potential value for their financial strategy and other C-suite leaders.

Financial planning and analysis through data insights can aid a CFO’s risk management strategy. Digital transformation will provide CFOs with a way to invest in human capital by establishing virtual infrastructures to streamline processes.

Tech CFOs will invest in a variety of digital tools, including cloud technology and AI. Implementing digital infrastructure can make the company leaner and reduce unnecessary spending.

Tech companies are continuing to fill C-suite positions, including in the face of headline-making layoffs across the industry. CFOs are at the forefront of evolving tech companies into the future where there are growing regulatory changes and economic pressures.

However, the expanding role of CFO means they are becoming increasing flexibility. CFOs are now more accessible than ever for start-ups and scaling companies through part-time and remote positions. FD Capital is the UK’s leading financial recruitment agency for tech CFOs and FDs on a full-time, part-time, and interim basis.

We offer a 360-degree approach to recruiting tech CFOs and FDs with traditional recruitment methods and headhunting services. Our CFO headhunting services are ideal for companies in need of a quick placement or who want access to passive candidates who are not exposed to traditional recruitment.

Recruiting through our headhunting service offers companies several benefits when searching for a tech CFO:

There is no perfect time to hire a tech CFO. We’re seeing companies within the tech industry recruiting CFOs at various stages of their life cycle. It’s worth noting that the current position of your company will largely determine what type of tech CFO you’re searching for.