The challenge:
A privately owned construction services business with a turnover of £50 million faced a significant turnaround scenario that required decisive financial leadership. With pressing financial challenges and an urgent need to stabilise and refocus strategically, the business engaged Valtus to appoint an interim CFO.
Our solution:
Understanding the critical nature of this appointment, our team quickly identified and engaged a specialist interim CFO with extensive experience in the utilities and construction sectors and a track record of multiple successful interim assignments.
Key outcomes:
Reporting directly to the interim CEO, the CFO played a pivotal role in restoring financial discipline and confidence across the organisation. The interim CFO rapidly implemented robust financial controls, improved reporting transparency, and supported strategic decision-making, all of which were critical to the turnaround efforts. The impact was swift and substantial, resulting in improved financial health, clearer business planning, and greater operational clarity.
We closely managed the engagement, ensuring the CFO’s efforts remained aligned with strategic turnaround objectives and maintaining transparent communication between all parties involved. The structured oversight and clear accountability framework ensured that the interim CFO could deliver significant value swiftly and effectively.
The success of this assignment led to the interim CFO being offered a permanent role, demonstrating the exceptional value they delivered. Additionally, the engagement has facilitated introductions between Valtus and leading restructuring advisory teams, opening potential avenues for further collaboration.
This project underscores the transformative power of targeted interim financial leadership in critical turnaround situations.
Facing financial pressure or looking to restructure your organisation? Contact Valtus UK to find out how interim leadership can provide clarity and control at speed.
