Rapid Deployment of Interim Controller Ensures Continuity for PE-Backed Manufacturer

A sudden resignation left a private equity-backed metal fabrication company without its top accounting officer, requiring an immediate placement of an interim controller. This role was essential, combining daily controller duties with critical CFO-level responsibilities.

The challenge was to quickly connect an interim controller who could not only manage the day-to-day accounting responsibilities but also handle higher-level CFO tasks such as financial forecasting and monthly closings. The candidate needed to be adept with QuickBooks, familiar with the manufacturing sector and able to work onsite.

BluWave utilized its extensive network of recruiting firms to identify a short list of industry-specific temp staffing shops. The PE firm chose the best fit, and the firm quickly introduced a highly qualified interim controller who met all the specific requirements of the private equity firm and the portfolio company. The selection process was expedited to ensure a seamless transition and minimal disruption to financial operations.

The interim controller stepped in swiftly to fill the vacancy, ensuring that all financial processes from payroll to accounts payable and receivable continued without interruption. This quick action prevented potential financial disarray and maintained stability during a critical period of the company’s growth trajectory.

The firm and its portco were so pleased with the candidate that he was converted to a full-time employee before the end of the contract.