Interim CFO

Alvarez & Marsal - Chicago, IL

Full-time - Senior

Chicago, IL

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 ideal candidate will possess a CPA and/or MBA, along 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 engage in various PEPI services, including CFO Services, Rapid Results, CDD/Strategy, M&A Services, and Supply Chain management. In this role, the Interim CFO will lead time-sensitive projects such as restructuring, carve-outs, or acquisitions, and will be responsible for improving the performance of finance organizations by upgrading staff skills, redesigning processes, or implementing new systems like NetSuite and MS Dynamics. The candidate will also be expected to build budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making, with experience in management reporting dashboards being a plus. Additionally, international treasury and currency hedging experience is advantageous.

Responsibilities

• Support Private Equity clientele on a national basis.
• Lead time-sensitive projects such as restructuring, 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.
• Manage international treasury and currency hedging.

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.
• 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 PE relationships (personal or professional).
• Experience with management reporting dashboards.
• International treasury and currency hedging experience.

Benefits

• Collaborative work environment.
• Opportunities for professional development and growth.
• Inclusive diversity culture.