Finance professionals have a vital role in every business. Their major role is to determine the financial health and stability of a company. They help optimize a company’s financial performance and generate plans to achieve cost efficiency and sustainability.
When hiring finance professionals for your company, you will need to start with the basics. Ask them about the level of their professional knowledge, how they keep up with the latest financial trends, and what tools they use in their current or previous jobs. Other skills needed such as orientation to detail, analytical ability, and reliability can be assessed through both situational and behavioral questions.
Here are 13 interview questions to ask a potential finance officer candidate, divided into three categories: operational and situational questions, role-specific questions, and behavioral questions.
Operations and Situational Interview Questions
- If you had to make a decision about a loan, what are the most important elements you need to consider?
- Suppose your senior management asks you to create a quick report presenting the financial data they are most interested in. What would you include in that report?
- Suppose the company shows positive cash flow and management asks you if that means the company is doing well. What do you reply?
- Imagine you have to convince an investor of the company’s overall health. What are some important concepts or metrics you need to present?