Interim CFO
Do you need to quickly fill an interim CFO on a temporary basis? HRM's interim solutions are a smooth and smart way forward. We are specialists in connecting organizations with interim CFOs - experts in filling financial leadership positions just when they are needed most. Our network includes many experienced consultants who regularly take on interim CFO assignments during times of change.
What does an interim financial manager do?
An interim financial manager plays an important role in businesses that need temporary financial expertise. Common tasks may include handling analysis, budgeting and other financial tasks. Their broad experience gives them the ability to quickly adapt to new situations and effectively contribute to stabilizing and improving the financial health of the business. Through their expertise and skills, interim financial managers can ensure the financial well-being of the company - even during periods of change or urgent need for financial management.
Common consulting assignments for an interim CFO
An interim CFO can quickly bring the necessary skills and experience to your business. This will help you manage transition periods and ensure that financial targets are met efficiently and smoothly.
Financial strategist and advisor
As a financial strategist and advisor, an interim CFO creates robust financial strategies that support the organization's long-term goals. They analyze market trends, assess financial risks and opportunities, and provide guidance on capital allocation and investment plans.
Head of Budget
The Interim CFO is responsible for developing and implementing a comprehensive budget system. The Budget Manager monitors the income and expenditure of the business, sets financial targets and ensures that all departments stay within their allocated budgets.
Risk managers
Risk management is a critical function that identifies, analyzes and proposes actions to reduce financial risks. Interim consultants evaluate internal and external risk factors that may affect the organization's finances and recommend strategies to manage these risks effectively.
Asset managers
An asset manager focuses on optimizing the capital structure of the business. Consultants help evaluate financing options, manage debt, and ensure that capital is used effectively to support the business's growth initiatives.
When is it time to hire an interim CFO?
An interim CFO can be a strategic solution in many different situations. Here are some common scenarios where it can be particularly beneficial:
In case of dismissal of the permanent CFO
Once your permanent CFO has resigned, it can take time to find a permanent replacement. During this period, an interim CFO can fill the role and ensure that financial functions continue to run smoothly, reducing the risk of business interruption.
During major organizational changes
If you are undergoing major changes in your finance department, an interim CFO can provide valuable experience and insights. They can navigate complex change processes and help implement new structures and procedures effectively.
To gain new insights and improve practices
An interim CFO can bring fresh perspectives and identify areas for improvement quickly. Their external viewpoint can lead to effective measures that optimize company procedures and improve financial management.
In case of urgent needs
Urgent needs may arise due to illness or other absence of the regular CFO. An interim consultant can quickly step in and take over the responsibility, ensuring that the company's financial operations continue without interruption.
How we work with consultant recruitment
Analysis
We start every consultant recruitment with a thorough analysis of needs, success factors and key competencies to ensure an effective match between candidate and assignment.
Searching for candidates
Our experienced researchers use a combination of advertising, external and internal databases and our extensive network to actively search and identify candidates who meet your requirements and expectations.
Selection & presentation
The candidates who match your needs and show interest in the assignment are presented to you.
Assessment
We administer interviews between you and the presented consultants. We also offer the possibility of conducting tests and reference checks upon request.
Follow-up
After the placement, we continue to follow up and support both you and the newly hired consultant to ensure a smooth integration and successful completion of the assignment.
Why hire a CFO through HRM?
Whether you need to hire a CFO for a short-term or long-term assignment, we offer tailored solutions to match your specific needs. The interim consultants in our network often have an extensive background in finance and business development, making them well equipped to meet your challenges. HRM has a long history of successfully matching organizations with experienced consultants. Through an extensive network of contacts in both the private and public sectors, we can quickly identify and recruit the most suitable candidates.
Are you also looking for an interim leader? We help you find an interim CEO for your business!
Rapid deployment
We offer quick access to qualified candidates through our efficient interim process. Depending on your needs, we can have an interim CFO with you shortly. We act quickly and proactively on your requests and with our large network of experienced CFOs, we can guarantee a smooth appointment that fits your exact requirements.
We offer
- Interim CEO
- Head of IT
- Chief Financial Officer
- Head of Marketing
- Head of Urban Planning
- Head of Education
- Head of Communications
- Head of Administration
- Head of HR
- Specialists
