Interim CFO

Alvarez & Marsal - Philadelphia, PA

Full-time - Senior

Philadelphia, PA

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 abilities, excellent communication skills, and a proactive approach to client relationship building. The Interim CFO will also be responsible for developing budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making. The position requires flexibility to travel up to 80% of the time, reflecting the dynamic nature of the role and the need to engage directly with clients across various locations.

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.
• Develop budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
• Build and maintain client relationships to support a broad array of issues.
• Identify key operational performance drivers and cash flow forecasting.

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.
• 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 preferred (e.g., CPA, CFA).
• Existing relationships with private equity firms (personal or professional).
• Experience with management reporting dashboards.

Benefits

• Diversity and Inclusion initiatives promoting an inclusive workplace.
• Equal Opportunity Employer policies ensuring non-discrimination in employment.