THE COMPANY
Industry: Behavioral Health Operating Region: U.S.Entity Type: PE-Backed Size: $650MCASE STUDY LINK
https://mbexec.com/financial-reset-how-an-interim-cfo-restored-control-at-a-behavioral-health-company/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
The company faced a sudden leadership gap during a critical phase of its investment partnership, prompted by the unexpected departure of its CFO and the planned exit of its VP of Finance. Leadership needed an interim executive to step into both roles and provide oversight across finance, accounting, legal, and regulatory functions to ensure continuity and control.THE PROBLEM
THE SOLUTION
McDermott + Bull Interim Leaders placed an experienced CFO with over 25 years of experience in healthcare finance, including behavioral health, acute care, and revenue cycle management. The interim executive took ownership of core financial processes, including budgeting, forecasting, and scenario modeling, while also driving improvements across treasury, audit readiness, and internal reporting workflows.THE RESULT
Over the six-month engagement, the interim CFO uncovered significant revenue recognition issues, flagged a potential receivables write-down, and implemented improved forecasting tools. They delivered a comprehensive 2025 budget, revamped the board reporting package, and successfully transitioned responsibilities to the incoming CFO and Controller.THE COMPANY
Industry: Social Services Operating Region: NortheastEntity Type: Non-Profit Size: $50MCASE STUDY LINK
https://mbexec.com/strengthening-cash-control-how-an-interim-cfo-secured-funding-continuity-for-a-non-profit/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
The organization relied heavily on city and state grants, which are often delayed and documentation-intensive. Despite having a capable finance and accounting team with clear processes, the company needed an experienced finance leader to ensure the team stayed aligned with complex grant requirements, maintained operational stability, and preserved the flow of public funding.THE SOLUTION
McDermott + Bull Interim Leaders placed a CPA with over 25 years of experience in both non-profit and for-profit sectors as the interim CFO. The interim leader brought a strong background in financial strategy, compliance, and board-level reporting, with deep knowledge of public funding structures and operational controls.THE RESULT
The interim CFO implemented a formal weekly disbursement process in response to cash flow constraints, took ownership of cash management, and strengthened internal financial controls. They also led reporting efforts and maintained vendor relationships to ensure operational continuity during a critical funding cycle.THE COMPANY
Industry: Consumer Products Operating Region: U.S.Entity Type: Privately Held Size: $30MCASE STUDY LINK
https://mbexec.com/driving-deal-readiness-how-an-interim-cfo-enabled-a-successful-sale-for-a-retail-and-distribution-company/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
As the company prepared for a year-end sale under a Letter of Intent (LOI) with a private equity firm, they needed someone to lead due diligence, oversee the quality of earnings process, and deliver GAAP-compliant financials. They also needed a strategic finance partner to produce timely, accurate financial documentation and lead the company through the transaction process — critical to closing the deal within the 90-day target.THE PROBLEM
THE SOLUTION
McDermott + Bull Interim Leaders placed a seasoned CFO with public and private company experience across growth and PE-backed environments. The interim leader focused on establishing the financial infrastructure and reporting rigor necessary to complete the sale, including valuation methodologies and financial restatements. THE RESULT
The interim CFO delivered GAAP-compliant financials, implemented a defensible inventory valuation methodology despite the lack of an inventory system, and played a central role in ensuring financial readiness. Their work ensured financial integrity and supported the successful closing of the sale.THE COMPANY
Industry: Consumer Packaged Goods (CPG) Operating Region: U.S.Entity Type: PE-Backed Size: $250MCASE STUDY LINK
https://mbexec.com/aligning-growth-with-financial-precision-how-an-interim-cfo-supported-strategic-planning-for-a-pe-backed-consumer-packaged-goods-manufacturer/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
With the company on a strong growth trajectory, leadership needed support to stabilize finance and guide strategic planning across budgeting, forecasting, and pricing. The leader would be responsible for finalizing the Fiscal Year 2025 Plan — including customer awards, volume projections, SG&A alignment, and pricing drivers — while also establishing an ERP timeline to ensure precise pricing execution.THE PROBLEM
THE SOLUTION
McDermott + Bull Interim Leaders placed an experienced finance executive with over 12 years of CPG experience and a proven record of leading FP&A processes as the interim CFO. The interim leader brought deep expertise in planning, forecasting, and aligning financial structures with business goals to drive long-term strategy.THE RESULT
The interim CFO built and finalized the FY25 financial model, which was approved by the CEO. In collaboration with the Controller, they completed the September close and updated reporting, while ensuring pricing, budgeting, and audit readiness were aligned with the company’s strategic goals.THE COMPANY
Industry: Legal Services Operating Region: East CoastEntity Type: Non-Profit Size: $75MCASE STUDY LINK
https://mbexec.com/reshaping-financial-operations-how-an-interim-cfo-strengthened-the-finance-team-at-a-legal-services-organization/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
Amid significant organizational growth, the organization’s finance team faced capacity issues, with the department’s leader overly involved in day-to-day operations. The organization required an interim CFO to assess and restructure the finance department to improve efficiency and support future growth.THE SOLUTION
McDermott + Bull Interim Leaders placed an experienced interim CFO with a strong background in non-profit financial management. They assessed the operational landscape and presented a comprehensive strategic plan. This plan led to a reorganization of the finance department, redistributing responsibilities and introducing new roles to enhance productivity and operational effectiveness.THE RESULT
The interim CFO’s leadership resulted in the successful restructuring of the finance department, with an expansion of the team’s responsibilities to address new financial opportunities. They introduced several operational improvements, streamlined reporting processes, and created a more efficient workflow.THE COMPANY
Industry: Aerospace + Defense Operating Region: West CoastEntity Type: Privately Held Size: $10MCASE STUDY LINK
https://mbexec.com/building-hr-from-the-ground-up-how-an-interim-hr-leader-professionalized-people-operations-at-an-aerospace-company/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
As the company expanded to a second location, it faced challenges scaling leadership and operational HR capacity. They needed support evaluating HR processes, coaching senior managers, and implementing performance appraisals to drive organizational growth.THE SOLUTION
McDermott + Bull Interim Leaders deployed an experienced HR executive with over 20 years of experience in manufacturing environments. With deep expertise in succession planning, team structure, and transformational coaching, the interim leader quickly moved from a strategic advisor to a hands-on leader, guiding the HR team through a critical rebuilding phase.THE RESULT
During the interim leader’s engagement, the sitting HR manager departed and the interim leader stepped in to drive several key initiatives. They launched the company’s first employee insurance plan, transitioned to a new HRIS system, and initiated the foundation for a 401(k) plan. They rebuilt the HR team, hired an HR Manager and an offsite specialist, and implemented Franklin Covey Leadership Training to strengthen leadership effectiveness across the organization.THE COMPANY
Industry: Financial Services Operating Region: Southern CaliforniaEntity Type: Community Bank Size: $120MCASE STUDY LINK
https://mbexec.com/restoring-confidence-and-compliance-how-an-interim-cfo-stabilized-a-southern-california-community-bank/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
As the company expanded to a second location, it faced challenges scaling leadership and operational HR capacity. They needed support evaluating HR processes, coaching senior managers, and implementing performance appraisals to drive organizational growth.THE SOLUTION
McDermott + Bull Interim Leaders deployed an experienced HR executive with over 20 years of experience in manufacturing environments. With deep expertise in succession planning, team structure, and transformational coaching, the interim leader quickly moved from a strategic advisor to a hands-on leader, guiding the HR team through a critical rebuilding phase.THE RESULT
During the interim leader’s engagement, the sitting HR manager departed and the interim leader stepped in to drive several key initiatives. They launched the company’s first employee insurance plan, transitioned to a new HRIS system, and initiated the foundation for a 401(k) plan. They rebuilt the HR team, hired an HR Manager and an offsite specialist, and implemented Franklin Covey Leadership Training to strengthen leadership effectiveness across the organization.THE COMPANY
Industry: Business Services Operating Region: U.S.Entity Type: PE-Backed Size: $200MCASE STUDY LINK
https://mbexec.com/streamlining-accounting-processes-how-an-interim-accounting-leader-optimized-operations-at-a-growing-business-services-company/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
Amidst growth through both organic expansion and mergers, the company identified a material weakness during its 2022 audit, resulting in a financial restatement. They needed to implement robust GAAP-compliant processes to support scaling efforts. The company required an interim Accounting Leader to lead remediation efforts, improve processes, and ensure scalability and compliance across financial operations.THE SOLUTION
McDermott + Bull Interim Leaders placed an experienced accounting professional with a proven track record in optimizing financial processes across various sectors. The interim leader brought deep expertise in month-end procedures, financial reporting, and building scalable processes that strengthened the company’s overall decision-making capabilities.THE RESULT
The interim Accounting Leader owned the month-end close process and reviewed staff work, implementing process enhancements that improved workflow efficiency. They supported the auditors with cash flow reporting and collaborated on streamlining travel and expense reporting in the company’s ERP system. Additionally, they played a key role in deploying a new reconciliation tool, improving audit readiness and efficiency.THE COMPANY
Industry: Healthcare Services Operating Region: CaliforniaEntity Type: Privately Held Size: $30MCASE STUDY LINK
https://mbexec.com/stabilizing-financial-operations-how-an-interim-controller-brought-clarity-to-a-medical-group/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
Amid a transaction process, the company faced a strained accounting function marked by unreconciled accounts and inconsistent data. They needed an interim Controller to support the CFO, oversee financial operations, and ensure reporting accuracy ahead of due diligence.THE SOLUTION
McDermott + Bull Interim Leaders placed a seasoned Controller with a strong background in financial due diligence and transaction readiness. With deep expertise in reconciliation, reporting, and cash flow forecasting, they quickly stabilized accounting functions and created structured processes to support both ongoing operations and transaction preparedness.THE RESULT
When the pending deal was paused, the interim Controller pivoted to internal process improvement — taking full ownership of core accounting functions. They implemented repeatable financial workflows, cleaned up the balance sheet, and supported the CFO by backfilling accounting duties during a staffing gap.THE COMPANY
Industry: Specialty Contracting Operating Region: Western U.S.Entity Type: Privately Held Size: $150MCASE STUDY LINK
https://mbexec.com/bridging-the-gap-how-an-interim-controller-stabilized-finance-during-a-critical-transition/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
During a period of rapid growth, marked by two acquisitions and securing a new revolving credit facility, the company faced the sudden departure of its Head of Finance. The leadership team urgently needed an interim Controller to oversee accounting operations, including payroll, commissions, and financial reporting, while supporting broader strategic initiatives amid ongoing organizational change.THE SOLUTION
McDermott + Bull Interim Leaders placed a seasoned finance leader with multi-site distribution expertise. They quickly took over day-to-day operations, including general ledger accounting, month-end close, payroll, and commissions. They also partnered with internal teams and external consultants to stabilize finance and strengthen the company’s financial foundation.THE RESULT
Over the course of the three-month engagement, the interim Controller ensured uninterrupted payroll processing, maintained working capital stability, and implemented supporting schedules for payroll and benefits.THE COMPANY
Industry: Building Materials Operating Region: Western U.S.Entity Type: PE-Backed Size: $275MCASE STUDY LINK
https://mbexec.com/leading-through-change-how-an-interim-cfo-supported-growth-and-integration/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
Amid rapid growth and ongoing acquisitions, the company faced instability within its finance department. Following the Controller’s resignation and growing concerns about the CFO’s alignment with company objectives, the leadership team needed an interim executive to stabilize operations and provide accounting oversight during a key transitional period.THE SOLUTION
McDermott + Bull Interim Leaders placed an experienced CFO with a CPA, MBA, and 20 years of global leadership in PE-backed environments. They stepped in to manage the accounting team, lead acquisition-related financial work, and drive operational improvements across core finance activities.THE RESULT
Over the 11-month engagement, the interim CFO maintained continuity through leadership changes and ensured timely, accurate financial reporting. They also supported the integration of newly acquired entities, helping to establish a strong foundation for long-term stability and scalability.THE COMPANY
Industry: Consumer Services Operating Region: East CoastEntity Type: PE-Owned Size: $10MCASE STUDY LINK
https://mbexec.com/laying-the-financial-foundation-how-a-project-controller-professionalized-post-close-operations-for-a-growing-consumer-services-company/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
With new private equity investment and plans to expand into additional locations, the company needed to elevate its financial reporting to meet investor expectations. Leadership sought a Project Controller to professionalize the Finance and Accounting function, implement post-close systems, and ensure financial accuracy during a critical growth phase.THE SOLUTION
McDermott + Bull Interim Leaders placed a CPA with Big 4 experience and over 20 years in finance leadership. The interim leader brought a hands-on approach and deep expertise in PE-backed environments, including due diligence, budgeting, forecasting, and financial system implementation.THE RESULT
The Project Controller focused immediately on post-close priorities, including implementing a new accounting system and ensuring its successful set-up. They provided deal support, reorganized the company’s bank accounts, restructured the treasury function, and ensured the company was positioned for scalable financial operations post-acquisition.THE COMPANY
Industry: Aerospace Operating Region: North AmericaEntity Type: PE-Backed Size: $60MCASE STUDY LINK
https://mbexec.com/navigating-a-crisis-with-precision-how-an-interim-cfo-led-a-bankruptcy-sale-for-a-pe-backed-aerospace-manufacturer/TOOLS USED FOR PUBLISHING
Canva Pro, Google Suite, Instagram, Later, LinkedIn, Monday.com
THE PROBLEM
Amid severe cash constraints and the departure of its CFO, the company needed immediate financial leadership to stabilize operations and support a high-stakes turnaround. The business was in forbearance with its bank, had fully drawn its line of credit, and was one week away from missing payroll — posing a serious risk of layoffs. They needed an interim CFO to lead restructuring efforts, maintain operations, and prepare the business for a sale.THE SOLUTION
McDermott + Bull Interim Leaders deployed an experienced CFO with a proven track record in private equity reporting, Chapter 11 restructuring, 363 sales, and financial turnaround initiatives. The interim leader brought deep hands-on expertise in inventory control, cash flow management, and navigating distressed transactions to maximize recovery and value preservation.THE RESULT
The interim CFO stabilized cash flow by negotiating accelerated payment terms and addressing key audit concerns, including goodwill impairment. To support valuation and sale readiness, they implemented a 36% price increase. When the lead buyer exited late in the process, the interim leader stepped in to source and secure a new buyer, ensuring the transaction remained on track.