Bosses warned to watch their backs

Survey shows only 11% of CFos are satisfied in their current role.

New Zealand’s top bosses should be watching their backs, if a survey by recruitment company Robert Half is any indication.

The survey of 100 chief financial officers shows that just 11% are satisfied in their current role.

One in five say they are eyeing the job of CEO of their organisation.  The rest are keen to move to a different business division, move to a larger company, or expand their current role. 

According to the survey, CFOs are keen to develop their skills by gaining experience in another part of their current company (56%), managing a major project (49%) and developing stronger relationships with external stakeholders (40%).

Robert Half’s general manager in New Zealand, Megan Alexander, says the survey shows finance leaders believe they have the skills necessary to make the transition from CFO to CEO.

“The modern CFO is now considered a strategic business partner who is not only responsible for their organisation’s finance department but is also able to contribute to the overall direction of the business,” she says.

“The market for CFOs in New Zealand is currently buoyant, so it is not surprising to see a large number of CFOs ambitious to take the next step in their career by moving on to a larger organisation.”