Interim CFO: Boosting Financial Reporting for PE-Backed Telecom
The client, a mid-market PE firm, sought an interim CFO for one of its portfolio companies in the telecom industry. The interim CFO would improve financial reporting after recent acquisitions and steer the portfolio company’s finance teams during the transition.
Consultport proposed 2 strong candidates within 24 hours. The client interviewed both candidates and selected an interim CFO with 10 years experience as interim CFO and background in EY. The interim CFO started working with the client team 72 hours after the initial request.
Collaborating closely with finance teams, the interim CFO evaluated the reporting practices of the portfolio company.
From data collection to financial statement preparation, the interim CFO gained a holistic understanding of the current approach and identified bottlenecks.
The refined reporting framework improved financial visibility, enabled more accurate decision-making, and established consistent, high-quality reporting standards across the organization.
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