The Company
Industry: Consumer Services
Entity Type: PE-Owned
Operating Region: East Coast
Size: $10M
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.
Launched New Accounting System
Selected and implemented a new financial system, ensuring full functionality and operational readiness.
Addressed 3 Key Post-Close Areas
Led banking reorganization, treasury restructure, and deal-close documentation review.
Seamless Post-Close Execution
Delivered timely implementation of key financial tools and processes, enabling a smooth transition and scalable operations.
James Hickey
Senior Managing Director, McDermott + Bull Interim Leaders
hickey@mbexec.com
James Hickey serves as a Senior Managing Director for McDermott + Bull Interim Leaders, helping companies with mission-critical needs for talented executives during key points in their life cycle. He also works closely with Private Equity Groups to help their portfolio companies when there are gaps in leadership or to provide additional support to the team during critical transactions.