A 3-month part-time interim CFO engagement for a PE-backed, multi-entity business, leading consolidated financial reporting, liquidity tracking, and close process improvements ahead of a permanent CFO hire.
The client, a PE-backed business with multiple operating companies, requires an interim CFO for a 3-month part-time engagement of roughly 20 to 30 hours per week. The role centres on consolidated financial reporting for both the PE company and its lender, establishing weekly liquidity reporting, and working with controllers and project managers to sharpen work-in-progress and percentage-of-completion accounting practices.
The incoming CFO will also assess existing documentation, controls, and close processes alongside the current third-party accounting resource, with the goal of progressively bringing CFO responsibilities in-house. All progress, outstanding issues, and recommendations are to be formally documented as a handover to the permanent CFO. Some travel is required during month-end close periods.
- Lead consolidated financial reporting across multiple operating companies, covering monthly reporting for the PE company and its lender.
- Establish and maintain weekly liquidity reporting.
- Collaborate with controllers and project managers to improve WIP and percentage-of-completion accounting.
- Assess existing documentation, internal controls, and close processes with the third-party accounting resource.
- Document progress, outstanding issues, and recommendations to support the incoming permanent CFO.
- Travel on-site as required during month-end close.
- Senior finance leadership experience, ideally as a CFO in a mid-sized, multi-entity business.
- Ability to work hands-on with operating-company teams while building consistent processes.
- Experience with project-based accounting, WIP, or percentage-of-completion accounting is highly preferred.
- CPA or CFA designation preferred.
- Must reside in the Greater Toronto Area and be authorised to work in Canada.
Vaco by Highspring is a talent and staffing firm placing finance, accounting, and technology professionals across Canada and North America. The firm acts as an intermediary, connecting skilled contractors and executives with client organisations seeking interim or project-based expertise.
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