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Case Study

Interim VP Finance at Manufacturer of Commercial Vehicles

Classic Bridging of Vacancy to stabilize global Finance Team


Company Details

  • Developer/manufacturer of components for the powertrain and chassis of commercial vehicles (e.g. gear shifting, actuation, vehicle dynamics) as well as driver control and fluid handling systems for commercial and passenger cars
  • Approx. €900m in sales worldwide in 18 countries with a total of 33 locations and more than 5,200 employees worldwide

Situation and Challenge

  • Classic bridging of vacancy during ongoing operations and very short-term takeover of a previous interim manager (with option for permanent employment)
  • Stabilize and lead P&C’s global finance team, supporting P&C’s new President/CEO in its acquisition
  • Short-term coordination and preparation of the annual short- and medium-term planning for the P&C segment and its presentation to the management board

Objective ans Tasks

  • Smooth execution of typical day-to-day business such as period-end closing, forecasts, weekly tracking, recurring analyses, etc. within the segment
  • Provision of decision-relevant analyses and their transparent preparation as well as ensuring the required data quality

Measures and Procedures

  • Strong involvement and empowerment of the existing core team as well as its reinforcement
  • Use of profound experience in planning and forecasting processes of automotive suppliers

Results and Achievements

  • Selection of suitable candidates and replacement of the vacant position at the headquarters in Zurich
  • Successful completion including approval of the submitted short- and medium-term planning
  • Successful annual financial statements of the segment together with Corporate

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