ArkTalents

Solutions/Global mobility/Finance lead

Functional assignment

Finance lead

The assignment had an end date. A local finance successor was searched before it lapsed, so the seat did not go empty.

Project background

The finance lead’s assignment had an end date. Headquarters planned to search a local successor after it lapsed. The permit cannot be extended forever with no successor.

The local search started when the assignment started. Permit, local-plus, and the successor list sat on one timeline.

Profile

  • The assignee accepts the end date and a handover.
  • The local successor can close the books under local rules and report to headquarters.
  • Handover finishes before the permit lapses, not at the airport.
  • An extension is not a successor search.

Search timeline

First gate

Successor list in 5 business days

Second gate

Handover before the permit ends

The successor search’s first list went out on business day five of the assignment. The offer sat before the permit end date. The assignee and the local hire overlapped for handover.

CVs presented

Presented

6

Landed

1

Six CVs on the successor search; one hire. The assignee is not in that count.

What we took from it

When the permit ended, a local finance lead was already in the seat. The close did not gap. The extension request was withdrawn.

Searching after the end date forces an emergency extension. Writing the search into the assignment brief is more predictable than that extension.

For the next brief: start the successor search when the assignment starts, and write the overlap in weeks.

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