Interim CFO

Alvarez & Marsal - Charlotte, NC

Full-time - Senior

Charlotte, NC

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. The PEPI practice focuses on serving middle market and large cap private equity firms, helping them improve operating results at their portfolio companies. The ideal candidate will have a CPA and/or MBA, with a proven track record as a CFO for private equity-owned businesses with revenues ranging from $100 million to $1 billion. This position requires deep experience in the relevant industries and prior consulting experience is highly preferred. The Interim CFO will manage time-sensitive projects such as restructurings, carve-outs, or acquisitions, and will be instrumental in enhancing the performance of finance organizations by upgrading staff skills, redesigning processes, or implementing new systems like NetSuite and MS Dynamics. In addition to technical skills, the role demands strong analytical capabilities, excellent communication skills, and the ability to build client relationships. The Interim CFO will be expected to develop budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making, and will also have the flexibility to travel up to 80% of the time. A&M's culture promotes inclusive diversity, encouraging employees to bring their whole selves to work, and values integrity, quality, and objectivity in all business dealings.

Responsibilities

• Support Private Equity clientele on a national basis as an Interim CFO.
• Lead organizations through time-sensitive projects such as restructuring, carve-outs, or acquisitions.
• Enhance the performance of finance organizations by upgrading staff skills and redesigning processes.
• Implement new systems like NetSuite and MS Dynamics to improve financial operations.
• Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
• Develop management reporting dashboards to support financial analysis and decision-making.
• Identify key operational performance drivers and support clients with a broad array of issues.
• Build and maintain client relationships to foster trust and collaboration.

Requirements

• Bachelor's Degree in Business Administration, Accounting, Finance, or related field.
• Ten or more 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, or Consumer Packaged Goods businesses.
• Prior experience working with private equity backed companies is required.
• Strong written, oral, and analytical skills.
• Strong Excel and PowerPoint skills.
• Structured project management skills including time, team, and work-stream management.
• Critical thinking skills and the ability to deliver time-pressured projects on time and with quality.

Nice-to-haves

• MBA or other advanced degree or certification preferred (e.g., CPA, CFA, etc.).
• Existing relationships with private equity firms, either personal or professional.
• International treasury and currency hedging experience is a plus.
• Experience with management reporting dashboards is a plus.

Benefits

• Diversity and Inclusion initiatives that promote an inclusive workplace.
• Equal Opportunity Employer policies that ensure non-discrimination in employment practices.