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Anonymous Global CFO

Accounting and Finance Department

Asked on Nov. 10, 2015

This may be difficult to generalize but what would be the typical finance department staffing requirements for a US public company with multiple locations including a foreign subsidiary. Company has 600 employees and has $150 million in revenue.

Answers

Ross Anderson, CPA, MBA Controller • November 11, 2015

I think it would be pretty standard. CFO, Corporate Accounting (Controller, Assistant Controller, Accountants), Corporate Treasury (Treasurer), Corporate Tax, Payroll, Accounts Receivable, and Accounts Payable. The actual staff depends on your needs and there will be regional/plant controllers. Given the size it shouldn't be too many people involved, but that all depends on business needs.

Bob Stenz Controller • November 22, 2015

Adding to the above I would suggest an SEC reporting manager/analyst. Also, you would probably have local accountants (generally outsourced) to handle accounting for the foreign subsidiaries.

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