Service Area: Human Capital
Client Type: Private Equity Firm
Service Provider Type: Interim CFO
Industry: Manufacturing
A private-equity–backed automotive-components manufacturer was performing well top-line but struggling to control SG&A. Leadership needed an interim CFO who could quickly assess the cost structure, identify savings opportunities and leave a clear execution roadmap for the permanent team.
Although revenues were solid, fixed costs kept rising. The interim leader had to understand plant operations, standardize finance processes and provide actionable insights within weeks without disrupting day-to-day performance.
BluWave presented a shortlist of proven interim CFO candidates with deep manufacturing and cost-reduction experience. The client selected the best fit, who arrived on site and completed a finance diagnostic, benchmarked SG&A and collaborated with operational leaders to build a targeted savings plan.
In just a few weeks, the interim CFO delivered more insight than the prior 20-year CFO, standardizing reporting and outlining a step-by-step plan to cut unnecessary fixed costs. The company now has a clear roadmap to maintain profitability while scaling. Leadership also expressed the desire to convert the interim to full-time at the end of his assignment.
The interim CFO BluWave introduced us to was great. He came in and understood the business very quickly. In a few weeks he was giving us more insights than the CFO who had been there for 20 years. He left us with a strong plan to standardize processes and reduce costs. If he were willing to commute to company headquarters, we’d hire him as our full-time CFO.
-Partner at Private Equity Firm