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HOME – Interim CFO
Interim CFO
As a senior executive, the CFO is responsible for managing all financial matters including everything from a business having enough cash flow to implementing long-term plans for financial success.
There are times, however, when an interim CFO is needed to fill the gap between an executive leaving or taking time for parental and maternity leave and a new executive being appointed or returning to work.
Hiring an interim CFO means that your business will benefit from expertise and experience without having to employ a full-time, permanent member of staff.
Having an interim CFO join your team is especially important for businesses who are struggling, have experienced accounting re-statements or are undergoing a period of transition (such as a merger), or require short-term help to implement a new financial system.
There are many benefits to working with an interim CFO:
- They will come to you armed with years of experience. This can be within your industry but also other sectors. They will understand current trends, be able to identify new opportunities for growth and development and can also apply their knowledge of other markets to make informed recommendations and decisions.
- They 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; and
- They can deliver specialist expertise for a specific problem or situation i.e. managing accounting irregularities, fraud investigations, capital raising or a divestment process.
How we can help
Olvera’s roster of specialist interim CFOs can be placed for both short and long-term contracts, or for specific projects or programmes.
Our services include:
- Virtual CFO programmes;
- Short and medium-term CFO contracts; and
- Special projects CFO
Key Insight
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PRINCIPAL
Kate Barnet
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