Client Background

A rapidly expanding business engaged my fractional CFO and business consulting services to support their financial growth and prepare for long-term success. As they scaled, they faced challenges in structuring their accounting function and ensuring financial clarity to support their decision-making.

Challenges

• Lack of structure within the finance and accounting department
• Need for greater financial visibility to support strategic growth
• Preparing for a potential acquisition by an international company
• Ensuring strong leadership development to sustain long-term success

Solutions Implemented

1. Finance Department Structuring & Mentorship
   • Worked closely with and mentored the Head of Finance, guiding them in building an efficient and scalable accounting function.
   • Provided strategic input on process improvements and reporting structures to ensure financial clarity.
2. Hiring Key Financial Expertise
   • Led the recruitment of an outsourced management accountant to support the business through its growth phase, ensuring timely and accurate financial reporting.
3. Facilitating the Acquisition Process
   • Though not directly involved in the sale, I participated in meetings with potential international acquirers and helped position the business financially for a successful transition.
   • My work significantly contributed to bringing financial clarity, a key factor in securing their acquisition.
4. Providing Strategic Leadership & Network Support
   • Acted as a calm voice of reason for the CFO, helping navigate complex growth and acquisition discussions.
   • Introduced a key leadership trainer, who continued to work with the company for years, strengthening their executive team.
   • Leveraged my broad professional network to provide additional support in areas beyond finance.

Results & Impact

– Well-structured finance and accounting department, improving financial reporting and decision-making.
– Successful hiring of an outsourced management accountant, enhancing financial oversight.
– Clear financial visibility contributed significantly to the company’s successful acquisition by an international buyer.
– Strengthened leadership through my introduction of a leadership trainer, benefiting the company long-term.
– Recognition as a trusted, strategic advisor, with the CFO valuing my role as a steady, rational influence during critical business transitions.

By providing financial clarity, leadership support, and strategic connections, I played a key role in helping this company grow and successfully transition into its next chapter.