Part time CFO Experience
Overview
Company - $800 million Honda subsidiary
Objective
Serve management in executive finance capacity for the organization
Approach
Learn the business and understand what the organization needs
Build relationships with management and professional service providers
Results
Hired for a 6 week project, have helped with every quarterly close since 3/31/2010
Negotiated down price and scope with service providers on behalf of the organization
Created cash flow modeling tool, projecting future LT debt needs
Supported C-suite in strategic decisions such as plant closings and green field facilities
Assessed technical competency in all accounting department hires
Value
Adds skillsets needed by the organization without adding high priced executive position
Improved continuity, spanning 3 changes to key executive roles, and 2 changes of external auditors