About This Role
Our client is an established organisation with operations in Romania and an international management structure. We are seeking an experienced interim executive to lead finance and administration and support a period of significant organisational change.
THE ROLE
Position: Interim CFO
Start Date: As soon as possible
Duration: Approximately 12 months, with possible extension
Location: Romania, with substantial on-site presence
Reporting To: Group Finance Leadership
Functional Responsibility: Finance, Legal, IT, HR and Procurement
The interim executive will assume broad management responsibility, ensuring financial discipline, effective administrative functions and coordinated execution of approved business decisions.
The assignment requires an experienced leader who understands the financial and organisational complexity of businesses combining production sites, significant fixed assets and complex commercial operations.
The ability to manage sensitive transitions, protect value and maintain control under demanding circumstances is essential.
MAIN RESPONSIBILITIES
Financial leadership and control
- Lead accounting, financial reporting, budgeting, forecasting, treasury and working capital management.
- Ensure accurate local statutory and Group reporting, including IFRS requirements, and coordinate tax compliance and external audits.
- Maintain clear visibility of cash requirements, liabilities, provisions, guarantees and contractual commitments.
- Oversee SAP-based financial processes, data reliability and internal controls.
Industrial assets and commercial performance
- Oversee manufacturing cost accounting, inventory valuation, overhead allocation and analysis of production profitability.
- Assess capital expenditure, investment commitments and the financial performance and utilisation of fixed assets.
- Evaluate asset valuations, impairment indicators and options for redeployment, transfer or disposal.
- Monitor commercial margins, customer credit exposure, supplier commitments and their implications for cash and profitability.
Business transition and implementation
- Develop financial scenarios and business cases for changes to the operating footprint and organisational structure.
- Lead the financial execution of approved measures, including cost-base adjustments, asset transactions and changes to contractual commitments.
- Coordinate interdependent financial, legal, people and operational workstreams with local management and Group specialists.
- Maintain reliable reporting, compliance and essential capabilities throughout organisational change.
Finance and administration leadership
- Direct the Finance, Legal, IT, HR and Procurement functions, establishing clear priorities, responsibilities and controls.
- Oversee contractual exposure, legal matters and external advisers within the agreed authority.
- Work with HR on workforce planning, employee obligations and sensitive organisational measures.
- Ensure IT service continuity, appropriate access controls and the integrity and retention of business records.
- Oversee procurement commitments, supplier negotiations and purchasing controls.
- Document decisions, outstanding obligations and responsibilities, ensuring a structured handover.
THE INTERIM
The successful Interim will be a seasoned CFO or Finance and Administration Director with direct executive responsibility in Romania and experience in an international group.
We are particularly interested in executives who have personally led industrial operations, site consolidation, business carve-outs, asset disposals or other complex organisational transitions , with clear accountability for implementation and results.
We are looking for a:
- Industrial Finance Expert: Strong understanding of factory economics, manufacturing costs, inventories, industrial assets, CAPEX and the interaction between production and commercial activities.
- Experienced Transition Leader: A record of protecting cash and asset value, resolving legacy issues and delivering difficult business measures while maintaining compliance and control.
- Broad Functional Manager: Experience leading finance alongside administrative functions such as Legal, IT, HR and Procurement, with the judgement to coordinate specialist expertise.
- Technically Strong Executive: Solid IFRS knowledge, practical SAP experience and a strong command of Romanian financial and statutory requirements.
- Hands-on Decision-Maker: Ability to move from analysis to execution, negotiate firmly and make timely recommendations supported by evidence.
- Credible and Discreet Leader: Clear communication, personal resilience and the ability to maintain trust with employees, management, advisers and authorities during sensitive situations.
- Fluent Romanian and English , availability at short notice and substantial on-site commitment are essential.
- Readiness to assume formal local management responsibilities will form part of the selection process.
ATTRACTIVE ASPECTS
- A substantial executive mandate combining financial leadership with broad administrative responsibility.
- Direct involvement in consequential business decisions and their implementation.
- Close cooperation with local and international management.
- A defined assignment suited to an experienced executive interim who delivers fast practical results in complex situations.
Further assignment details will be discussed confidentially only with selected candidates.