Interim CFO - 202000875-OTHLOC-Cu2bYfwp

Alvarez & Marsal - Houston, TX

Full-time - Senior

Onsite - Houston, TX

5,001-10,000 employees

Professional, Scientific, and Technical Services

About the position

Alvarez & Marsal, a leading independent global professional services firm, is seeking an Interim CFO to join its Private Equity Performance Improvement (PEPI) - CFO Services team. This role is crucial for supporting our Private Equity clientele across the United States. The firm specializes in turnaround management, performance improvement, and corporate advisory services, and has a strong operational heritage that emphasizes problem-solving and value creation. The Interim CFO will be responsible for leading clients through challenging times, particularly in the Manufacturing, Industrial, and Consumer Packaged Goods sectors. This position requires a hands-on approach to tackle complex business issues and maximize value for our clients. The PEPI practice focuses on serving middle market and large cap private equity firms, helping them improve operating results at their portfolio companies. The Interim CFO will play a pivotal role in this process, leveraging their expertise to provide CFO services, including interim management roles such as CFO, Controller, and Treasurer. The ideal candidate will have a proven track record as a CFO for private equity-owned businesses with revenues ranging from $100 million to $1 billion. They will also possess deep experience in the relevant industries and have prior consulting experience, particularly in leading organizations through time-sensitive projects such as restructurings, carve-outs, or acquisitions. In addition to financial management, the Interim CFO will be tasked with improving the performance of finance organizations by upgrading staff skills, redesigning processes, and implementing new systems. They will be responsible for building budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making. Strong analytical skills, proficiency in Excel and PowerPoint, and the ability to manage structured projects are essential for success in this role. The candidate should also be flexible and creative in their thinking, with a strong ability to build client relationships and deliver high-quality results under pressure.

Responsibilities

• Support Private Equity clientele on a national basis as an Interim CFO.
• Lead clients through challenging times, particularly in the Manufacturing, Industrial, and Consumer Packaged Goods sectors.
• Provide CFO services, including interim management roles such as CFO, Controller, and Treasurer.
• Manage time-sensitive projects such as restructurings, carve-outs, or acquisitions.
• Improve the performance of finance organizations by upgrading staff skills and redesigning processes.
• Implement new systems like NetSuite and MS Dynamics.
• Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
• Develop management reporting dashboards to support financial analysis.
• Identify key operational performance drivers and cash flow forecasting.

Requirements

• Bachelor's Degree in Business Administration, Accounting, Finance, or related field.
• Ten years of previous related financial management roles, performance improvement operations consulting, accounting diligence, or restructuring experience.
• Established track record as a CFO for PE-owned businesses with revenues in the $100 million to $1 billion range.
• Deep experience in Manufacturing/Industrial/CPG businesses.
• Prior experience working with private equity backed companies.
• Prior consulting experience.
• Strong written, oral, and analytical skills.
• Strong Excel and PowerPoint skills.
• Structured project management skills.

Nice-to-haves

• MBA or other advanced degree or certification (e.g., CPA, CFA).
• Existing relationships with private equity firms (personal or professional).
• International treasury and currency hedging experience.