Urgent Interim Finance Manager Placement Supports Financial Stability at a Leading Independent School
The Brief
The Future Leadership Interim Executive team was engaged by a leading independent girls’ school to assist with the urgent appointment of an Interim Finance Manager.
Following the departure of the permanent Finance Manager, there was an immediate need to bring in a seasoned Interim Finance Manager with experience in independent schools. The goal was to ensure smooth financial operations and effective leadership of the finance team during this period of transition.
Increase in General Management Skills
According to the American Management Association, only 14% of businesses consider themselves “well prepared” to handle a sudden loss in senior management. Add to that the fact that it takes at least four months to fill an executive role, and an Interim Executive experienced in operations makes a lot of sense!
Increase in Customer Experience Skills
These days experience is everything. What truly makes for a good experience? Speed. Convenience. Consistency. Friendliness. And human touch. Our Interim Executives deliver a great experience while improving your customer experience!
Increase in People & Culture Skills
Organisations are constantly changing as they respond to internal and external pressures. Continual process improvement can enable team engagement and lead to growth. Interim Executives bring fresh eyes and effective industry best practice to the execution.
Increase in Data Analytics
Complex challenges require critical thinking and in the age of information-overwhelm it is imperative to have analytical minds at the table. These skills range across finance, data science, systems and more. An Interim Executive can be the right person to optimise your inputs to maximise your output.
The Process
With tight timelines in place, the Future Leadership Interim Executive team leveraged our extensive ecosystem to conduct a rapid search. We quickly produced an assessed shortlist of candidates with proven success in finance roles within the independent school sector.
The successful Interim Executive placed in the role is passionate about the education sector and has over 10 years of experience working as a Head of Finance across both government and independent schools. This experience provided a clear understanding of the complexities of school operations within the independent sector, ensuring the financial effectiveness of the school was maintained during this critical period.
Emerging Capabilities
Managerial Finance
Managing the financial activities of an organization, including budgeting, forecasting, and decision-making, to ensure optimal financial performance and resource allocation.
Accounting Standards
Ensuring compliance with established accounting principles and regulations, guiding the accurate preparation and presentation of financial statements.
Accounting
Recording, summarizing, and reporting financial transactions to provide a clear and accurate picture of an organization’s financial health.
Financial Analysis
Evaluating financial data to assess the performance, stability, and profitability of an organization, aiding in strategic decision-making.
Financial Statements
Preparing comprehensive reports that summarize an organization’s financial position, including the balance sheet, income statement, and cash flow statement.
The Outcome
The successful Interim Executive commenced the role within 2 weeks of the initial client briefing.
Our team collaborated closely with the Business Manager and Head of People and Culture to facilitate this quick turnaround, including rapid references, security checks, and ongoing support for both the school and the Interim Executive candidate.
