Financial Integration and Merger Execution

A merger of two companies was underway without financial leadership and without a prepared integration of accounting, controlling and reporting. At the same time there were personnel changes, a production slowdown and pressure from the parent company for accurate financial outputs.

Data migration errors, disruption of operations, dysfunctional reporting for the parent company and collapse of key financial processes.

Interim CFO and financial integration leadership.

• Taking responsibility for financial integration
• Stabilising the accounting and controlling team
• Selecting the target system and migrating data
• Introducing unified financial reporting
• Preparing the opening balance sheet and leading the integration process
• Setting up cooperation between finance and IT
• Centralising financial processes