Why hire an interim manager
More and more companies are contacting our Interim Management firm to find an experienced executive available within a few days. This expert recognized for his skills in his sector of activity will have to replace a Director whose absence was announced or unforeseen. He can also strengthen your management team during a particular episode in the life of the company such as a takeover, a merger, the closure of a site or an international development. You can then have valuable knowledge that may be lacking in your current Leaders. Interim Managers work in all areas of the company: HR , Finance , Operations , Marketing , Information Systems , R&D , etc.
What responsibilities for Treasury Directors
Treasury Directors : optimize the flow of receipts and disbursements, seek the best return on investments, negotiate the lowest rates when the company is overdrawn, master the tax systems relating to the finance management, develop a cash plan, produce a weekly report. The Treasury Directors are the usual contacts for the financial and banking partners.
The objectives of a treasury transition mission
Our interim Treasury Directors usually work on four facets of treasury: Optimizing the company’s finances by monitoring the evolution of the financial markets. Ensure the independence of the company by anticipating risk management. Seek funding to expand the business. Manage merger and acquisition files. The Treasury Directors report to the Financial Directors or the General Managers. The vast majority hold a Bac +5. All of them undergo continuous training in order to stay informed of changes in the regulations of the sector. In this profession, a long experience is an indisputable asset.
The qualities of interim Treasury Directors
To thrive in Interim Management, you have to show great adaptability . You have to integrate quickly into the company , adopt its values, respect its rules, work with unknown colleagues, lead a new team…
You have to know how to draw up a report in a few days and define credible and measurable action plans. It is necessary to detect the brakes which can possibly slow down the realization of the project. These conflicting points must be dealt with quickly and clearly by the interim Treasury Director. He remains focused on the success of the company without wanting to settle permanently in his position. He is not a political manager. The Interim Treasury Manager is a natural leader who demonstrates empathy. Immersed in his mission, he knows how to take a step back and remain objective.
Reactive Executive helps you define your needs and puts you in contact with interim Treasury Managers capable of steering your projects.