Interim FD

Bridging The Gap In Financial Leadership

A board meeting chaired by a non-executive director

Bridging The Gap In Financial Leadership 

Every business needs strong financial leadership.  Sometimes this means bringing in targeted financial expertise for a particular time or project.  This could be to cover the absence of a permanent Finance Director (FD), or to work alongside the existing FD to carry out a specific project.  Whatever the reason, this is where a Secantor Interim FD comes in to bring a combination of financial and commercial acumen to your senior leadership team exactly when and where you need it.

What is an Interim FD?

An Interim Finance Director (IFD) is a highly experienced finance professional who is appointed on a short-term or temporary basis to provide leadership or targeted support to a company's finance function. Also known as an Interim Chief Financial Officer (Interim CFO), they are called upon in a variety of situations, including company restructuring, company growth, absence of a permanent finance director, or any other situation that requires an experienced finance professional to step in and provide support.

Secantor IFDs each have many years of experience working as an FD in a variety of different sectors and situations which enables them to immediately grasp your requirements and plan & implement the right solution for your business. 

What does an Interim FD do?

When standing in for a permanent FD, a Secantor IFD will oversee all financial operations, including budgeting, forecasting, cash management, financial reporting, and risk management (see below for a comprehensive list).  Where an existing FD needs targeted support, a Secantor IFD will lead a specific finance-related project such as such as: detailed financial forecasting or planning, preparing a business for acquisition, merger or sale; migrating to new accountancy software; or for undertaking in-depth financial investigation or analysis to solve a particular problem.  The full range of financial services that can be adapted to suit the needs of your business include:

Secantor - Fractional Finance Director

What are the benefits of an Interim FD?

One of the greatest advantages of having an Interim Finance Director is that they provide a fresh perspective, bringing valuable experience and expertise to the table. They are equipped to handle complex financial issues and provide valuable insights into best practices and industry standards.  In situations where there may be internal conflicts or disagreements, an Interim FD can provide objective recommendations that are in the best interests of the business.

An experienced Secantor IFD can quickly assess a company's financial situation and provide sound recommendations for improvement. This includes identifying areas for cost savings, improving financial reporting, and implementing financial controls. In addition, Secantor IFDs can provide support during the transition period to a permanent finance director, including helping with the recruitment process to check your preferred candidate is up to the task technically.

Finance Director 2

The role of an IFD is not just limited to financial management. Secantor IFDs are commercially focused so they also play a critical role in business strategy and decision-making, working closely with you and your fellow directors and other stakeholders to help drive growth and improve performance.

A Secantor IFD will also help your business to streamline its finance function, making it more efficient and effective. This can include reviewing existing processes, implementing new systems and tools, and optimising resource allocation.  The IFD can also work to ensure that the finance function is fully aligned with the overall strategy and goals of your business. In addition, a Secantor IFD can help to build the capacity of the finance function, by providing training and development opportunities for finance staff. This can help to build a more effective, efficient, and well-rounded finance function, which can support your company for years to come.

SECANT~2

Why Use an Interim FD?

One of the key benefits of having an IFD is that they can provide a fast, flexible solution to a range of financial and business challenges. For example, if a company is facing a period of rapid growth, a Secantor IFD can provide the expertise and guidance needed to ensure that the finance function is able to keep pace with the demands of the business. Similarly, if a company is undergoing a period of restructuring, a Secantor IFD can provide the leadership and guidance needed to ensure that the finance function continues to operate effectively throughout the process.

Secantor IFDs are well placed to support businesses during periods of uncertainty, such as economic downturns, mergers and acquisitions, or other major business changes. In these situations a Secantor IFD can provide the leadership and expertise needed to navigate the financial implications of these changes and to ensure that the company remains on a stable footing.

How Do I Recruit an Interim FD?

Organising Interim Finance Director services with Secantor is easy - simply get in touch and we'll manage the rest.  If you are looking for a Finance Director on a longer term part-time basis, please read about our Outsourced FD services.  As well as providing expert financial services, we can improve your business with Management Accountant, Non-Executive Director and Operations Director services too.

What Our Customers Have To Say

Over the years we have helped hundreds of businesses take control of their finances.  By working closely with owners and directors we become an integral part of the management team and as a result have long-standing relationships with our customers, many of whom have relied on our expert knowledge, advice and guidance for many years.  Why not review some of our case studies or listen to what our customers have to say.

Want to Boost Your Business Profits?

Profitability is the heartbeat of any successful business. Ready to take your business to the next level? Download your free guide and discover 10 powerful strategies to increase your business profits today!

Free Business Review

No two businesses are the same. This is why we offer a free business review. We can arrange an initial chat with one of our experts to get things started. Then a couple of our team members will visit you to listen to the story of your business. From this meeting, we’ll be able to provide you with some interesting insights into your business from our independent experience. This will allow you to see how we work and help us to select the right expert for your business. Contact us to book a free consultation.

Why not read one of our short case studies to learn about Secantor's impact.

“We will never forget your huge contribution to Montezuma’s and your constant support, encouragement and all the board room laughs. Thank you for everything!” - Helen Pattinson, MD & Co-founder of Montezuma’s Chocolates

Frequently Asked Questions: Interim Finance Directors

What is an Interim Finance Director?

An Interim FD is a highly experienced senior finance professional who joins your business for a fixed period — often during times of change, challenge or transition. Whether you're facing a gap in leadership, preparing for investment, restructuring, or managing rapid growth, an Interim FD provides immediate financial expertise, stabilises your finance function, and delivers focused results from day one.

How does an Interim FD differ from a Full-Time FD?

An Interim FD delivers the same high-level financial leadership as a full-time FD — but on a short-term, fixed-period basis. Rather than a permanent appointment, an Interim FD is brought in to handle specific challenges or transitions such as growth, restructuring, or leadership gaps. You gain immediate access to strategic financial expertise without the long-term commitment of a full-time hire.

Why would an SME need an Interim FD?

SMEs often encounter periods of change where immediate financial leadership is critical — for example, during a restructure, funding round, acquisition, or gap in senior finance. An Interim FD steps in quickly to stabilise finances, support decision-making, and drive results. They bring the insight and capability of a seasoned FD without the delay or commitment of a full-time hire — helping you navigate change with confidence.  To explore the wider benefits of senior financial support, see our blog, Why every SME business should have a Finance Director

What does an Interim FD actually do day-to-day?

An Interim FD provides hands-on financial leadership from the moment they join. Typical responsibilities include: stabilising the finance function, producing and interpreting management accounts, building financial forecasts, managing cash flow, budgeting, advising on funding, supporting board meetings, and coaching your finance team. Their role is to solve problems fast, improve financial visibility, and enable better business decisions.

Can an Interim FD also act as a Non-Executive Director?

Yes. At Secantor, many of our FDs also act as Non-Executive Directors (NEDs). Our FDs are commercially experienced, strategically minded, and have strong corporate governance expertise — making them well placed to contribute at board level.

Can an Interim FD help with fundraising or investment?

Yes — an FD plays a crucial role in preparing forecasts, engaging with investors or banks, presenting financial strategy, and structuring funding rounds. They bring credibility and clarity to the process.

 
How much does an Interim Finance Director cost?

The cost depends on the scope and frequency of support your business needs, but prices typically start at £1,200 +VAT per day. At Secantor, we tailor every engagement. Contact us for a no-obligation discussion to get a proposal aligned to your business needs and budget.

Do I still need an accountant if I hire an Interim FD?

Yes — because their roles are different. An accountant focuses on compliance, tax, and reporting. An Interim FD works inside your business to provide strategic financial leadership. The two roles complement each other. Your FD will often manage the relationship with your external accountant and ensure their advice is implemented effectively.

Is an Interim FD suitable for my business size?

We typically work with UK SMEs with £3m–£50m turnover and 30–250 employees — but we also support ambitious smaller businesses preparing for growth or investment and we serve larger businesses too. If you’re experiencing growing complexity in your finances or strategic decisions , an Interim FD can help bring clarity and control.

How quickly can an Interim FD start?

We can often place a vetted, accredited Finance Director in your business within a matter of days. Every Secantor FD is carefully selected and personally accredited to ensure they not only have the right technical expertise, but also the commercial experience and interpersonal skills to fit seamlessly into your team.

What makes Secantor different?

Unlike many providers, we don’t just offer FDs or NEDs — we deliver the complete boardroom package. Our Finance Directors are also capable Non-Executive Directors, and every member of our team is personally accredited by Secantor. We don’t follow a rigid model — we match the right expert to your business and they tailor their approach to suit your needs.

How do I hire an Interim Finance Director?

The easiest way is to book a call with one of our experienced advisors. We’ll learn more about your business, explain how we work, and scope your requirements. Following a visit to meet you personally, we develop an in-depth understanding of your business needs allowing us to match you with a carefully selected FD based on your requirements, culture, and priorities. No obligation — just a conversation to see if we’re a good fit for you.

Not quite found the answer you need?    Contact our team – we’ll get back to you personally.

Interested in how senior support could help in other areas too? Learn more about our Non-Executive Directors and Outsourced Operations Directors.

Talk To Paul About Your Business Goals

Book A Call With Paul Today!

Paul Gibbins

Use the calendar to instantly book a 30-minute online meeting with Paul to share your story and find out:

How we can help you achieve your business goals

How you can improve the value of your business

And get useful, actionable tips & advice

Ways Secantor Will Help You

Read Our Latest Case Studies

What Does It Take to Build a Successful SME?

For over 20 years, Secantor has worked with hundreds of SME businesses, helping them overcome challenges and achieve growth. This guide outlines the practical strategies and essential practices that every owner should implement to drive their business forward.

Learn what works and start making meaningful progress today.

Simply confirm your details on the form provided to get instant access to your free copy!

Read Our Latest Blog Posts

Has Your Business Growth Stagnated? Here's How to Recover.
Has Your Business Growth Stagnated? Here's How to Recover

Has Your Business Growth Stagnated? Here's How to Recover.

Most businesses experience peaks and troughs — but when your business hits a plateau and growth stalls for months or even years, you’re suffering from business stagnation. For many SME owners and managing directors, this can be both frustrating and concer…

May 25, 2025 9:15:00 AM
Thinking Of Exiting Your Business: What Are Your Options?
Thinking of Exiting Your Business: What Are Your Options?

Thinking Of Exiting Your Business: What Are Your Options?

If you’re a business owner or managing director of an SME, there may come a time when you begin thinking seriously about exiting your business. Whether it’s to retire, pursue other ventures, or simply capitalise on the value you’ve built, planning a succe…

Apr 4, 2025 9:30:00 AM
The Blueprint For Success: Why Every Business Needs To Write A Plan
The Blueprint for Success: Why Every Business Needs to Write a Plan

The Blueprint For Success: Why Every Business Needs To Write A Plan

The Business Plan: A Cornerstone of Success In the dynamic and challenging environment SME businesses face, having a well-thought-out business plan isn’t just a formality — it’s the cornerstone of success. Writing business plans drive business accountabil…

Dec 28, 2024 9:15:00 AM

Our Services

We help you make strategic decisions

Secantor provides expert financial and management support to SME owners and directors. Our commercially experienced team covers the following roles.

Free Business Review

Discover tailored insights for your business with our simple 3-step process: a quick chat, an onsite visit, and expert advice.
Book your free consultation today!