Interim management support

Providing short-term finance team leadership and support

What is interim finance management support?

Interim finance management support helps clients bolster their finance teams either with an interim CFO, or additional resource, to provide increased bandwidth, access to specific skills, or additional support during a restructure / transformation.

Our management support specialists are experienced finance professionals, who take ‘hands on’ roles within your organisation to quickly make a difference.

We provide a wide range of roles, from Chief Financial Officers, appointed to lead the finance team, through to junior staff who support with core finance function activities or specific projects

We bring a fresh perspective to your finance team, providing recommendations and sharing best practice in areas such as management reporting, business planning and budget building

Our support evolves to suit your needs. We know that your requirements may change, and adapt our support accordingly. Our flexibility avoids additional long-term overheads.

Why PwC

Experience

We have a dedicated hub of interim support specialists with deep finance team experience obtained across a wide range of industries

Agility

We can supply the skilled resource required either to meet a short-term resource constraint or to run multiple workstreams such as preparation for divestiture, IPO or restructuring - all while continuing to drive business as usual operations

Capability

We can assist in areas including building business plans and financial modelling, budgeting, cash flow forecasting, management and statutory accounts preparation, reporting enhancement, developing and executing bespoke projects, complex stakeholder management & communication planning

Bespoke solutions

As one of the largest UK professional service firms, we have adaptable resource that can be varied by grade, location and length of engagement to meet the needs of a rapidly changing situation, from CFOs to finance analysts

Global scale and breadth of expertise

Our individuals can draw on expertise from a global network of PwC professionals with expertise across a wide range of business situations and specialist advice (including tax, pensions and working capital)

Sustainable change

We add value to businesses and address underlying issues to create sustainable, long-term outcomes

Immediate finance team expertise

Credentials

Transport for London (TfL) - Senior Finance Business Partner
Financial Planning and Analysis support at a UK university
Interim Finance Director for stabilisation of APAC business

Transport for London (TfL) - Senior Finance Business Partner

Placement of PwC Senior Manager to perform a group FP&A role.
Overseeing £30m of cost savings, providing monitoring and feedback to the business when this was not being achieved.
Building a bottom up budgeting process to capture two years of P&L budgets worth £100m p.a. and a ten year Capital renewals programme worth £240m. This was underpinned by a budgeting pack highlighting key assumptions.

Financial Planning and Analysis support at a UK university

PwC individual joined the finance team, generating a regular and uniform reporting process where this didn’t exist previously.
Performed sensitivity analysis and managed submissions to the Office for Students and lenders regarding underperformance issues.
The enhanced reporting helped the University obtain additional funding from lenders.

Interim Finance Director for stabilisation of APAC business

Worked alongside the Group CFO and local MD to stabilise the business in Singapore, whilst providing management input and oversight for five other APAC subsidiaries across Korea, Thailand, Malaysia, Indonesia and Australia.
Roles included Head of Group Controlling, Interim FD to complex. APAC subsidiary and budget analyst.
Conducted detailed bottom-up budget process and delivered in line with annual budget until the end of the mandate.

Hands-on support

Credentials

Distribution business
Steel Manufacturer
UK Shopping Centre Group - Cash Manager

Distribution business

Individual seconded into the business to work closely with the Group Strategy Director.
Project managing a review of numerous underperforming customer contracts.
Analysis and presentations to brief the Group Strategy Director ahead of fee negotiations with largest customers.
Worked closely with the FP&A Director and Operational Finance team to recommend and model top line fee increases.
Support in preparing for diligence questions on the turnaround plan as part of the sales process.

Steel Manufacturer

Large multinational steel manufacturer.
The client was looking to grow and take advantage of consolidation opportunities in the market, including stressed and distressed competitors.
One secondee (Manager level) was provided to support the M&A Director at the client for a period of 4 months.
We supported with the identification, evaluation and acquisition of target opportunities, bringing specialist accounting and restructuring skills into the client’s team.
This included one purchase of an overseas customer, helping the overall business to grow.

UK Shopping Centre Group - Cash Manager

An experienced Manager was seconded to stand up and embed a short term cash flow forecasting process which was suitable to be shared with lenders.
Identified the underlying factors impacting cash and provided greater visibility to management in order to allow them to make more informed decisions.
Developed detailed scenario-based forecasting which improved the management team’s ability to inform lenders and advisors of alternative financing options.