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