INTERIM CFO SERVICES
CHARLES RIVER CFO
We are pleased to provide interim, temporary, or contract CFO services during a strategic management transition. Whether an unexpected departure or a planned leave, an interim CFO has the seasoned skills to fill the gap.
Benefits of Interim CFO Services
Unexpected senior executive departures, planned short-term leaves, or a long personnel sourcing cycle create business interruptions. Our interim CFO services reassure the Board, investors, creditors, suppliers, banks, auditors, and employees. This will make it easier for you to attract better people, secure more favorable terms, and improve your operations during a management transition.
What Does an Interim CFO Do?
An interim works closely with your CEO, management team, and Board on strategic business issues. You can trust them to provide the expertise and guidance your organization needs to achieve and maintain financial success.
Our experienced CFOs help your firm manage its finances, support the overall accounting and supporting functions and provide consistent leadership during a transition.
When to Invest in an
Interim CFO
If the following situations apply to your organization, you’re likely a good candidate for our interim CFO services.
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You unexpectedly lost your CFO and would like to fill their position while you conduct an executive search for a full-time candidate.
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You’re focused on a specific project that requires specialized financial expertise, such as a sale or merger preparation or raising debt funding.
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You are planning for a break in CFO staffing due to parental or illness leave.
What is the Difference Between Interim, Fractional, and Contract CFO Services?
An interim CFO is typically a full-time financial consulting position retained for the transition period between a person leaving the CFO job and the search and hiring of a new CFO.
A fractional CFO is a strategic financial partner who works part-time regularly. It is a way to access senior expertise cost-effectively. With our cloud-based technology stack, Charles River CFO can offer fractional CFOs to various firms in life sciences, high-tech, manufacturing, banking, general business, and nonprofits.
A contract CFO is a general term indicating a non-permanent position that may be part-time or full-time for a short time.