Case Study
Mechanical Engineering Interim Finance Director, Manufacturing - Italy
An interim manager is tasked with creating transparency in the subsidiary's financial department and with implementing necessary measures in the run-up to a merger.
The Client
A German mechanical engineering manufacturer needs to organize the financial area of its Italian subsidiary so that the planned merger can take place in a data-compliant manner.
The Challenge
In a German parent company's Italian subsidiary (Piedmont, Italy), there is perplexing and legally insufficient documentation of the finance operations. In addition, the timely compliance of a system change is questionable.
Only a few months remain for the data-compliant preparation of a merger and the associated smooth migration to a new ERP system.
The following key projects are to be implemented in six months:
- Support of the Operations, Supply Chain, Sales & Marketing, IT departments with regard to numerical transparency (KPIs).
- Back integration of the outsourced functions into the financial system (ERP)
- Definition of the outsourced functions for the future financial system.
The Solution
The Italian interim manager was recommended by a partner in Boyden Italy and located close to the site and was available at short notice. He managed the successful execution of the project, which was characterized by extensive specifications and various imponderables.
The Result
The country-specific knowledge of controlling requirements coupled with experience in comparable projects set the course for success within the given time frame.
