Focus Search Partners has been engaged with a PE client looking to bring on an interim CFO as they prep the company for sale. The current CFO lacks gravitas to convince the newly acquired finance team to implement rigor and no further advancement is happening within the function. They need a strong finance leader who can take on the international team day to day management, as well as interface with the rest of the Senior Management team who is based in the US.
Requirements for the role:
Previous experience working within an IT Services business as a CFO
Prior Private Equity portfolio company leadership experience
Experience creating, evaluating, and/or improving a commercial finance process that deals with margin management, especially regarding new contracts.
managing a business via utilization forecasts, time and material, etc.
Action oriented
Executive presence/gravitas to influence senior leaders to change
Preferred Criteria:
Previous experience working with Teams in India
Experience leading a business with off-shore / near-shore delivery capabilities
Experience preparing a PE-backed company for sale and familiarity with ways to enhance a business to secure the most attractive sale price / multiple possible.