What is the function of an Interim CFO?
An interim CFO is responsible for the financial affairs of a company over a given period of time.
Tasks and requirements:
The core tasks of an interim CFO encompass the entire spectrum of financial management, whereby the focus may vary depending on the scenario (e.g. covering leaves of absence, restructuring, growth).
The scope includes financial strategy and planning, liquidity and cash management, accounting and reporting, controlling and performance measurement, risk management, stakeholder communication, change management, and leadership of specific projects.
The role of an Interim CFO requires extensive leadership experience in finance and accounting, ideally at C-suite or senior management level in comparable organisations, proven expertise in managing change, strong strategic and data-driven thinking, and excellent communication and influencing skills, as well as the ability to engender trust with employees and external partners.