- Project status
- Project start date
- Project posted
- 22 Feb 2019 18:36
- Project duration (approx.)
- 3 Months
- Budget (approx.)
- US$1200 / day
- Area of expertise
- Accounting and Finance
- On-site in United States
Objectives and Key Deliverables
We are a large ($bn+) industrials business faced with a liquidity issue over the next few months. A combination of high investment costs, unexpected ($ms) one off cost and high forecasted Q2 outgoings have put some pressure on our cash position.
Our CFO is currently program managing this 'dash for cash' and is looking for someone to take over so he can maintain the function and someone can dedicate themselves to this important task.
Some key areas needing to be considered:
-AR/AP changes (bringing forward cash and pushing out payments)
- Asset sales to bring in cash
- Dig in to and question the forecasts from the regions to ensure that they are accurate and everything can be done to improve the cash position.
Our ideal candidate must be someone who has experience working across liquidity challenges so knows what we are trying to do to improve the situation. Finance focused with enough seniority to have been there multiple times but also able to roll up their sleeves and dig into Excel data.
We are Mid West based.