GrowCFO Show
GrowCFO Show
Kevin Appleby
#98 The CFO Driving Business Strategy and Rapid Growth with Jeremy Foster, CFO at Talroo
28 minutes Posted Sep 6, 2022 at 6:30 am.
A background in marketing for a bank
Did you miss out by not having an accounting background?
What role do you play as a non-accounting CFO?
Blitz scaling
The three big KPIs you need to know
Profit per customer
Jeremy Foster’s experience growing the business at Kasasa
What issues do such rapid growth bring?
Thinking about communication channels
The theory of constraints
The importance of good relationships
The role of a finance business partner
What advice would you give to a CFO coming through a more traditional route than yourself?
What’s the role of the CFO in driving a high-growth business strategy?
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28:42
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Show notes
Jeremy Foster is an unusual CFO, he isn’t an accountant and doesn’t have a finance background. His origins are in sales and marketing. He changed course following an MBA at Notre Dame and has subsequently become a highly successful finance leader with strong strategic capabilities and significant M&A experience. Jeremy has been instrumental in multiple equity rounds, debt recaps, and a 9-digit platform sale to PE.
Jeremy’s main interest is working with an organisation that wants to drive massive growth. He will typically be brought on board by a CEO who wants a co-pilot to go on that journey. In this episode, we talk about how Jeremy is currently doing that at Talroo and how that differs from his approach at previous companies Homeward and Kasasa. He explains how he operates as a strategic partner to the CEO and gives us some great insights to the thought process a CFO needs in helping build and drive strategy.
We explore some of the key KPIs you need to understand when investing in customer acquisition, and we talk about the theory of constraints. Jeremy shows how the skills he learned as a marketing director are extremely valuable to a CFO too.
Links
Jeremy Foster on LinkedIn
Kevin Appleby on LinkedIn
Talroo.com
GrowCFO Strategy Programme
Timestamps