Client: Medical Diagnostics Organization
Requirement: Retained Search
The client is a medical diagnostics organization located in Buffalo, NY.
The client had one accountant employed who no longer had the skillset to support the growing needs of the organization. They knew they needed to replace the accountant with someone who would be able to assist with their new objectives such as a conversion to NetSuite, take the lead to prepare for an upcoming audit and work closely with the VP of Finance on all other accounting and financial reporting for the organization. As a result, the client engaged ProNexus exclusively to perform a confidential Retained Search to find a replacement for their accountant.
ProNexus Solution:
ProNexus was engaged by the client to find an accountant equipped to support the growing needs of the organization. In order to start the Search Project, ProNexus performed due diligence which resulted in the development of the Client, Department, and Position Profiles. With these profiles, we captured the company’s culture, differentiators, organizational structure, management & communication style, challenges, systems, and reporting requirements.
In addition, we captured position background, priorities, time allocation, challenges, and compensation & benefits. As part of our due diligence review, ProNexus recommended the client needed someone at a Senior Accounting level and within 1 week of the due diligence call, 2 candidates had been presented. After the initial interview, the client brought one of the candidates back within a week and the candidate was hired.
The candidate came from a background of accounting in healthcare and had financial experience including analyzing and preparing financial statements, risk management, cash flow management and cost accounting. The new hire was able to make an impact immediately with higher-level financial reporting, by spearheading special projects that had been put off and decreasing the amount of time for month-end close.
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