With a potential IPO on the horizon, the finance team grows to dozens of people as it takes on audits, treasury, investor relations and compliance. The right candidate here is a CFO who has “been there, done that” and can help lead you through the next big milestones. While a public-company CFO is the ideal hire, an experienced private-company CFO or public-company lieutenant can also be great choices. In any case, your candidate likely has experience with all major finance functions and has been managing people for at least a decade. This is usually a good time to use a retained executive search firm.