Interim CFO
Need to secure funding, drive growth, or plan for acquisition? An interim CFO can provide your business with the financial expertise it needs at a fraction of the cost.
Need to secure funding, drive growth, or plan for acquisition? An interim CFO can provide your business with the financial expertise it needs at a fraction of the cost.
What does an Interim CFO do? | Move beyond the financials and position your company for a stronger future. |
How can an Interim CFO help my business grow? | The role of the modern Director has Interim CFO. See how. |
Meet your Interim CFO | Our experienced Interim CFO's will deliver transformative leadership. |
Interim CFO FAQs | Any other questions? We’ll answer them here. |
With a focus on transformative leadership and accountability for key business decisions, we offer complete flexibility and no fixed-term contracts to drive your growth.
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Your team can expect to be empowered with the latest knowledge, skills, and expertise in the industry with An interim CFO who is a top leader in their field.
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With our expertise from past projects and streamlined processes, we can deliver immediate value to your business without a learning curve. We quickly identify the growth opportunities you need to succeed.
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You won’t find any long-term contracts or extended notice periods here. We offer flexible staffing solutions that can be easily adjusted to meet your changing business needs, ensuring you always have the right personnel in place.
An interim CFO will help your company move beyond just keeping financials in order by helping plan and position your company for a strong future. They will:
Entrust your finances to an interim CFO with a minimum of ten years in top finance positions and a verified record of successful results.
Gain access to a superior interim CFO for your small-to-medium-sized business at a considerably reduced cost compared to recruiting a full-time employee.
Have your interim CFO on board as soon as required, and take advantage of our flexible contracts to fine-tune commitments according to your specific needs.
With our aptitude for part-time financial management, we can accomplish the same success as a full-time CFO in less time.
As an essential team member, your part-time CFO transcends the consultant label to impart strategic guidance and foster transformative leadership from within your organization.
Harnessing their know-how and expertise, an interim CFO can deliver transformative leadership that bolsters your company’s vision.
What is an interim CFO?
An interim CFO is a financial executive who is brought in on a temporary basis to provide financial leadership to a company. This can be due to a number of reasons, such as a sudden departure of the existing CFO, a planned leave of absence, or a need for additional support during a period of growth or change. Interim CFOs are often experienced financial executives who can quickly assess the financial health of the business and provide strategic guidance and support to the company’s leadership team.
What is the difference between interim and fractional CFO?
The main difference between an interim CFO and a fractional CFO is the length of time they are engaged with a company. An interim CFO is typically brought in for a short period of time, usually several months, to provide financial leadership during a period of transition or change. In contrast, a fractional CFO is engaged with a company on an ongoing, part-time basis. Fractional CFOs typically work for a fixed number of hours per month and provide ongoing financial support and guidance to the company.
Why hire an interim CFO?
There are several reasons why a company may choose to hire an interim CFO. One common reason is to provide financial leadership during a period of transition, such as a merger or acquisition, a sudden departure of the existing CFO, or a planned leave of absence. An interim CFO can also provide support during a period of rapid growth or change, helping the company to manage cash flow, develop financial plans, and identify opportunities for cost savings. Additionally, an interim CFO can provide a fresh perspective and bring new ideas and strategies to the company.
How do I hire a new CFO?
Hiring a new CFO can be a complex process that involves careful planning and consideration. The first step is to identify the skills and experience that the new CFO will need to bring to the role. This may include expertise in financial planning and analysis, financial reporting, cash flow management, and fundraising. Once you have identified the necessary skills, you can begin the recruitment process by posting a job description and reaching out to your network for referrals. It is important to conduct a thorough interview process, including a review of the candidate’s qualifications, experience, and references, before making a final hiring decision.
At what stage does a company need a CFO?
The stage at which a company needs a CFO can vary depending on the size and complexity of the business. Typically, companies with revenues of £10 million or more will need a CFO to provide financial leadership and strategic guidance. However, the decision to hire a CFO should be based on the specific needs of the business and the goals of the company’s leadership team. If the company is experiencing rapid growth, facing complex financial transactions, or in need of additional financial support, it may be time to consider hiring a CFO.
Call us today on 0330 236 8932 or Schedule a call directly into our calendar.