Having the right financial expertise in place is key to running a successful business. But a Chief Financial Officer (CFO) and Controller are especially crucial for maintaining financial stability and strategic decision-making during a merger, acquisition or other transaction. Companies interested in a transaction who do not have the right staff in place may consider interim staff through the deal process.

Engaging an interim CFO or Controller during a transaction offers significant advantages. An experienced financial expert can help ensure the deal is executed, help transition the organization through operational changes and ensure financial stability is maintained through these processes.


Interim CFOs and Controllers bring a wealth of expertise and experience to the table. They have a strong background in financial management, strategic planning and risk assessment, and interim talent often bring a diverse level of experience from working with a variety of organizations. This specialized knowledge allows them to quickly assess the financial health of an organization, identify areas of improvement and implement effective strategies to drive growth and profitability, regardless of whether the business is focused on organic growth or inorganic growth through a transaction.


During a transaction, having the right staff in place can facilitate a seamless transition to ensure continuity in financial operations. An interim CFO or Controller can serve as a stabilizing force during times of organizational flux as they seamlessly step into leadership roles and maintain momentum and direction. When deployed strategically, interim finance staff can instill confidence in the team and mitigate any disruptions to daily operations. They can also bridge the gap between the outgoing executive and the incoming leadership to ensure a smooth handover of responsibilities.


Interim CFOs and Controllers play a pivotal role in shaping the financial trajectory of an organization. They can provide valuable insights to leadership and board members and make key recommendations on financial planning, budgeting and decision-making. Having the objective perspective of an interim expert can help a company navigate complex financial challenges and capitalize on growth opportunities.


Hiring a full-time CFO or Controller can be a significant investment for a company, especially during temporary situations, such as a transaction. Engaging an interim finance leader is a cost-effective solution that does not sacrifice expertise or efficiency. Unlike traditional hires, interim professionals provide flexible support tailored to specific business needs and allow an organization to scale resources up or down as required. By avoiding long-term commitments, organizations retain the agility to adapt to evolving market conditions and strategic priorities, ultimately maximizing return on investment.


During a transaction, financial risks are heightened — and it is crucial to have strong financial leadership in place to mitigate potential risks and ensure compliance with regulatory requirements. An interim CFO or Controller can assess the financial risks associated with a transaction, implement risk management strategies and safeguard the financial interests of the organization. This proactive approach not only protects shareholder value but also enhances organizational resilience in an increasingly volatile marketplace.

By leveraging the specialized skills of interim financial leadership, organizations can navigate through all types of challenging financial scenarios with confidence and efficiency — whether that is a transaction, a leave of absence or an organizational restructuring. Please reach out to GHJ Search and Staffing to further explore how interim finance staff can support business organizational needs.

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Derrick Coleman

Derrick Coleman has more than 20 years business experience and is the Practice Leader of GHJ Search and Staffing, GHJ’s recruiting division. Search and Staffing specializes in the placement of accounting and finance professionals into temporary and permanent positions across a broad range of…Learn More