Interim Chief Financial Officer Executes Key Deliverables for a Financial Institution

The PROBLEM

The financial institution’s Chief Financial Officer needed to take a two-month leave of absence, leaving the company without a financial leader. The organization’s call report and other key deliverables were due in two months’ time, and the outgoing Controller was not available to assist with their completion.

The Solution

McDermott + Bull Interim Leaders deployed a skilled CFO with extensive experience supporting community financial institutions. This interim leader was able to leverage his background and provide hands-on, onsite coverage.

The RESULT

The consultant was key in leading the department through a five-month transition. They completed the call report on time, developed a five-year budget, mentored the accounting staff, and created sustainable process improvements. This resulted in smoother workflows, greater efficiency, and faster onboarding of new hires.

Mark McConnell
Senior Managing Director, McDermott + Bull Interim Leaders
mcconnell@mbexec.com

Mark McConnell serves as Senior Managing Director for McDermott + Bull Interim Leaders, where he forges relationships with companies addressing transition, change, and transformation. He partners closely with clients who require on-demand consulting resources to bridge leadership gaps and propel their business forward. He has experience working with emerging and enterprise-level companies across numerous industries and has depth in functional areas such as finance, accounting, human resources, and operations.