A multinational group of companies was expanding through acquisitions in Germany with a focus on current megatrends (e-mobility, telco and medical technology. As a result, previous processes, strategies and systems in the finance and accounting departments of the newly acquired companies were running up against constraints. New US GAAP reporting coupled with a fast closing, internationalisation and digitalisation needed to be assured and driven forward.
When handpicking the interim manager (m/f/d), the focus was on their personality structure. Especially colleagues working on site in particular needed to be confident going forward and benefit from training and support programmes. Of course, strict professional criteria also had to be met, including a high level of reliability with financial statements based on the German Commercial Code (HGB) & US-GAAP, international management experience, a sound knowledge of production, strong ERP skills and more. In addition, excellent communication skills in German and English along with management skills and sensitivity were considered essential.
In addition to the interim manager assigned, our in-house service was (stepwise) commissioned to put certain processes on a secure footing at short notice and bridge any gaps. Finally, our service portfolio was buttressed by our recruitment service, which enabled us to identify exactly the right expert for our client in the conventional labour market. This expert will be supporting our customer over the long term.