About the role
I am currently recruiting an Interim CFO for a PE backed technology based people services business.
This is a hands-on role, working closely with the CEO to strengthen the finance function and embed commercial finance across every area of the business.
The successful candidate will be able to ensure business leaders are given accurate, relevant and useful financial information, allowing them to make better decisions, drive growth and take accountability for performance.
Your focus will include:
- ·Acting as a trusted and challenging partner to the CEO
- ·Embedding commercial finance across the wider business
- ·Developing the right financial and operational KPIs to drive growth
- ·Improving management information, forecasting and cash visibility
- ·Providing clear insight into WIP, billable hours, utilisation and revenue recognition
- ·Improving visibility of project, client and team profitability
- ·Ensuring business leaders receive timely, accurate and useful financial information
- ·Challenging assumptions, decisions and underperformance
- ·Holding budget owners accountable for delivery against agreed targets
Previous experience of working within Private Equity and a people-led services business is essential. You must understand the financial and operational drivers of a business in which revenue is generated through people, time and delivery. This will include:
- ·Work in progress and accurate WIP valuation
- ·Billable hours, utilisation and capacity
- ·Revenue recognition
- ·Project and client profitability
- ·Cost of delivery and employee productivity
This is an initial three-to-six-month assignment, based at least 4 days a week on site