Interim CFO

Alvarez & Marsal - New York, NY

Full-time - Senior

New York, NY

5,001-10,000 employees

Professional, Scientific, and Technical Services

About the position

Alvarez & Marsal, a leading independent global professional services firm, is seeking to expand its Private Equity Performance Improvement (PEPI) - CFO Services team. The firm specializes in turnaround management, performance improvement, and corporate advisory services, and is looking for an Interim CFO to support its Private Equity clientele on a national basis. With over 5,500 professionals across 40 locations globally, Alvarez & Marsal excels in problem-solving and value creation, working closely with organizations to tackle complex business issues and maximize value. The PEPI practice focuses on serving middle market and large cap private equity firms, helping to improve operating results at their portfolio companies. The Interim CFO will play a crucial role in leading clients through challenging times, taking on interim management roles such as CFO, Controller, or Treasurer. The ideal candidate will possess a CPA and/or MBA, along with significant experience as a financial executive in the Manufacturing, Industrial, or Consumer Packaged Goods industries. A strong background in consulting, particularly with private equity-backed companies, is highly preferred. The role requires a proven track record of managing time-sensitive projects, improving finance organization performance, and building budgets and forecasts to support executive decision-making. Additionally, experience with international treasury and currency hedging is a plus. Candidates should have strong analytical, written, and oral communication skills, along with proficiency in Excel and PowerPoint. The ability to manage projects effectively, think critically, and build client relationships is essential. A Bachelor's Degree in Business Administration, Accounting, Finance, or a related field is required, along with ten years of relevant financial management experience. An MBA or other advanced degree or certification is preferred, and candidates should be flexible to travel up to 80% of the time. Existing relationships within the private equity sector are also advantageous.

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.
• Improve the performance of finance organizations by upgrading staff skills, redesigning processes, or implementing new systems.
• Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
• Develop management reporting dashboards to support financial analysis.
• Manage international treasury and currency hedging activities.

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, or Consumer Packaged Goods businesses.
• Prior experience working with private equity backed companies.
• Prior consulting experience.

Nice-to-haves

• MBA or other advanced degree or certification (e.g., CPA, CFA).
• Experience with NetSuite and MS Dynamics.
• Existing private equity relationships (personal or professional).
• Experience with management reporting dashboards.
• International treasury and currency hedging experience.