Interim CFO

Get the experience and specialisation of a Chief Financial Officer with Olvera’s interim CFO services.

A CFO is a critical senior executive responsible for creating, overseeing, and reporting a company’s financial strategy.

CFOs are responsible for managing all financial matters in an organisation, including ensuring cashflow health and implementing long-term plans for financial success. There are times, however, when an interim CFO is needed to fill the gap. This can be when an existing CFO takes a long leave or when a CFO role is needed in a company to restore its financial health. Hiring an interim CFO allows businesses to benefit from expertise and experience without having to employ a full-time, permanent staff. Having an interim CFO is especially important for businesses that are struggling, have experienced accounting re-statements, are undergoing a period of transition (such as a merger), or require short-term help to implement a new financial system.

Olvera’s interim CFOs bring companies in the right financial direction with the right skills and expertise.

Our senior team members have vast experience working in ASX-listed companies and in organisations across multiple industries. Drawing on our knowledge and networks, we are well-placed to help companies with their financial goals at every stage of their business lifecycle.  

Olvera’s specialist interim CFO services can be placed for both short and long-term contracts or specific projects or programs – providing companies with flexible high-level financial expertise.  

WHERE IT MATTERS 

Does my business need Interim CFO Services?

Interim CFO Services are suited for businesses with one or more of the following concerns

1

Facing cashflow issues or liquidity challenges

2

Preparing for mergers, acquisitions, or divestitures

3

Needing improved financial reporting and forecasting accuracy

4

Undergoing organisational restructuring or turnaround efforts

5

Seeking guidance on cost management and operational efficiency

6

Experiencing rapid growth or scaling

7

Lacking in-house financial leadership or expertise for strategic projects

8

Looking to enhance their financial processes and compliance
Our Approach

How we can help 

Olvera’s Interim CFO Services include

Virtual CFO Programs

Remote CFO expertise to improve a company’s financial strategy, budgeting, and reporting without full-time commitment.

Short and Medium-Term CFO Contracts

Flexible CFO services on short or medium-term contracts to support financial needs during transitions.

Special Projects CFO

CFO expertise for specific projects, ensuring focused financial oversight and strategic guidance.

Olvera Guides

Business Advisory Guide

Download Olvera’s Business Advisory service guide for an informative overview of our offerings and industry experience.
business advisory guide
Our Experts

Your Business Advisory Experts

Our team of specialist advisors are dedicated to providing expert guidance and personalised solutions for your business.  

Damien Hodgkinson

Principal

Damien develops strategic solutions for groups dealing in crisis management and/or distress investment.

Kate Barnet

Principal

Kate Barnet is a recognised leader in the insolvency and reconstruction industry.

FAQs

Frequently Asked Questions 

Get answers to common questions about Interim CFO Services. 

What are interim CFO services?
Interim CFO services are the process of placing a temporary, high-level finance executive who provides financial leadership into a business. This service is typically popular during times of transition, rapid growth, financial challenges, or change. Interim CFOs bring expertise and guidance without the long-term commitment of a permanent hire.

An interim CFO is typically a short-term solution brought in to address immediate needs or specific challenges. They provide the same level of expertise as a permanent CFO but offer greater flexibility and can focus on achieving fast, impactful results without the overhead of a full-time hire – making them a popular option among SMEs. 

Having an interim CFO in your organisation can bring about many benefits, such as:  

  • Experience and Skill: CFOs are armed with years of experience. This can be within your industry but also in other sectors. These high-level executives understand current trends, are able to identify new opportunities for growth and development, and can also apply their knowledge of other markets to make informed recommendations and decisions. 
  • Objective Third-Party: CFOs maintain the ability to remain objective. This is important when dealing with financial matters, particularly in a small business situation. It can be difficult to make hard decisions regarding staff and resources when you have spent years building up your company. An interim CFO will provide an impartial point of view to help you make the right moves. 
  • Problem-Solving: Interim CFOs deliver specialist expertise for a specific problem or situation, i.e. managing accounting irregularities, fraud investigations, capital raising or a divestment process. 

Your business may need an interim CFO in scenarios where there’s a temporary leadership gap, during periods of restructuring, in times of challenging market conditions, or to simply manage the company’s overall financial operations.  

The duration of our interim CFO services varies based on our client’s needs. We can work with businesses on short-term contracts for specific projects or remain for longer periods to manage ongoing financial challenges. 

Olvera’s interim CFOs are skilled in managing a wide range of projects, including financial restructuring, preparing for mergers or acquisitions, optimising cash flow, improving financial reporting, implementing budgeting processes, or overseeing compliance initiatives. 

Our interim CFOs will collaborate closely with your existing finance team, providing mentorship, filling knowledge gaps, and ensuring that all financial functions align with the company’s objectives. They can also lead training initiatives and assist in developing the team’s skills. 

Interim CFO services can benefit businesses across various industries, especially in technology, healthcare, manufacturing, retail, and financial services. However, any business undergoing a period of rapid change can also immensely benefit from an interim CFO.  

Yes, Olvera’s interim CFO services can be instrumental in preparing for investor relations, providing accurate financial reporting, developing projections, and assisting with fundraising efforts by building trust and credibility with your potential investors or financial institutions. 

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