Interim CFO

Alvarez & Marsal - Troy, MI

Full-time - Senior

Troy, MI

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, particularly in leading organizations through time-sensitive projects such as restructuring, carve-outs, or acquisitions. The Interim CFO will also focus on improving the performance of finance organizations by upgrading staff skills, redesigning processes, and implementing new systems like NetSuite and MS Dynamics. In addition to financial management, the role involves building budgets, EBITDA forecasts, and cash forecasts to support executive decision-making. The candidate should have strong analytical skills, proficiency in Excel and PowerPoint, and the ability to manage structured projects effectively. Flexibility to travel up to 80% of the time is required, and existing relationships within the private equity sector are considered a plus. A&M's culture promotes inclusive diversity, encouraging employees to bring their whole selves to work and fostering an environment of collaboration and engagement.

Responsibilities

• Support Private Equity clientele on a national basis as an Interim CFO.
• Lead clients through 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 financial systems like NetSuite and MS Dynamics.
• Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
• Develop management reporting dashboards to enhance performance tracking.
• Manage international treasury and currency hedging as needed.
• Identify key operational performance drivers and support clients with 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 (e.g., CPA, CFA).
• Prior top-tier consulting experience is highly preferred.
• Existing private equity relationships (personal or professional).
• Experience with management reporting dashboards.

Benefits

• Competitive salary and performance bonuses.
• Opportunities for professional development and training.
• Flexible work arrangements and travel opportunities.