The Scenario
High growth services business that had overgrown the capabilities of the existing finance team. CEO requiring genuine strategic support from a commercially orientated CFO.
The Challenge
Market conditions become increasingly challenging through increased competition and margin squeeze. Overseas listed parent company requiring accurate financial reports and forecasts. Further growth expected by parent company despite challenging domestic market conditions in Australia.
The Solution
Q conducted a targeted market search to identify, source, acquire and recruit a world class CFO who has worked for a larger business in a parallel industry sector.
The Outcome
Having experienced many of the same challenges with his previous employer, the incoming CFO was able to address these challenges successfully and assist the CEO along the path of continuing profitable growth despite the prevailing market conditions.