Interim CFO

4 days left

Location
London
Salary
£1,000 - £1,200 per day
Posted
14 May 2019
Closes
28 May 2019
Ref
850
Position/Level
Board, CFO
Responsibilities
Accounting, Analyst, Finance, Strategy
Contract Type
Contract / Interim
Language
English

This a £200m t/o international plc based in the Transport/Distribution sector that needs an experienced interim CFO to help turn the business around and steer the company back into profitability. 

Key short-term objectives:

  • Drive the management process for the Quantum Turnaround Plan, delivering a turnaround in 2019 and setting the scene for 2020 – in close collaboration with the executive team
  • Improve accounting quality and discipline, and strengthen operational/financial controls – enabling more reliable and relevant financial (operational) reporting and analysis
  • Reduce Overdue Receivables from 25% to <10% with sustainable processes and management 
  • Improve billing/invoicing process – improving working capital 
  • Strengthen cash management, enabling operation with lower cash balances

Candidates will need:

  • Experience as CFO/FD in a customer focused service company with a wide geographic spread – managing a large finance/accounting organisation (120 FTE in finance/accounting plus 100 FTE in Shared Service Centre)
  • Demonstrated results in driving performance with strong accounting disciplines, controls, cost and cash management – while supporting commercial development of the business
  • Experience dealing with the complexity of multiple business lines in multiple geographies
  • Experience with turnaround and restructuring

This is an urgent requirement so suitably skilled candidates should apply immediately.

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