Interim Finance Director Services In London

How Has A Secantor Interim Finance Director Helped A London Business?

A fast-growing London recruitment business that suddenly lost its CFO

A fast-growing recruitment business, trading in the UK and overseas, suddenly found itself without a CFO, under severe cashflow pressure and with its invoice finance funder preparing to exit.

Secantor's Interim Finance Director started at short notice and took control of daily cash management and forecasting. Within a month the business had moved to a new funder without missing a weekly contractor payroll, and the funding facility later grew from £3m to £4.2m. When the new permanent CFO arrived, he kept our Interim Finance Director on to scope a Treasury Manager role for the group, replace an outsourced accounts service with an in-house team of seven, and implement a new multi-currency finance system.

The result was secure funding and a finance function built for the next stage of growth, with the CFO free to focus on strategy.

“Thank you so much for all your work for us. It has certainly been challenging and you always presented a calm front, which helped, along with brilliant work. Secantor provided the senior business & financial support my fellow director & I needed at a very critical time for our company. I cannot recommend the incredible service we received highly enough.” CEO of a £30m turnover recruitment company. Read the full case study.

We plan the handover at the start. Depending on the situation, the Interim Finance Director hands over to a new permanent Finance Director or CFO, or the business moves to a Part-Time Finance Director who continues the work for a few days a month. Our guide to Fractional vs Part-Time vs Interim CFO explains how the options compare.

What Happens At A Free Business Review?

We start with a conversation about what has happened and what the business needs, then visit your premises to hear the full story. You receive an independent view of where interim finance leadership would help most and our recommendation of the right advisor, with no obligation.