The Company

A

Industry: Healthcare

A

Entity Type: Private Non-Profit

A

Operating Region: California

A

Size: $140M

The PROBLEM

The organization was experiencing rapid growth, expanding both its number of locations and the rollout of new internal and external projects. To support this expansion, the company needed an interim Controller to manage the accounting team and oversee daily financial operations, allowing the CFO to focus on strategic initiatives. They needed a leader to prioritize key accounting functions, manage the audit and tax preparation process, and oversee a high volume of complex transactions.

The Solution

McDermott + Bull Interim Leaders placed an experienced interim Controller with over 15 years in accounting, including a CPA and a background in public accounting. The controller brought highly technical accounting expertise and complex cash management skills, making them well-equipped to handle the organization’s growing financial demands.

The RESULT

The interim Controller optimized the audit workflow, addressed audit-related inquiries, and provided recommendations to improve inventory management. They also managed external audit requests and led transition meetings with the outgoing Accounting Manager, ensuring a seamless handover and maintaining team stability. Following the success of the engagement, the interim Controller transitioned into a permanent role as Vice President, continuing to lead the finance function.

Reduced Month-End Close From 30 to 15 Days

Identified inefficiencies in the closing process, streamlined workflows, and stabilized the team.

ERP Implementation + Financial Analysis

Assisted in implementing the new ERP system while providing variance analysis for financial reporting.

Financial Review + Leadership

Led financial reviews with the accounting team and presented results to upper management, ensuring transparency and alignment with organizational goals.

Julie Francis

Julie Francis
Managing Director, McDermott + Bull Interim Leaders
jfrancis@mbexec.com

Julie Francis serves as a Managing Director for McDermott + Bull Interim Leaders, where she identifies and secures highly skilled executives to address client companies’ critical business challenges, provide interim leadership, and oversee special projects. She works with executive leadership at middle-market and enterprise-level companies as well as with investment banks and private equity groups to improve operational and financial performance.