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Interim Finance Hires to Drive Financial Controls Transformation
Background
Checkout.com is a global payment solutions provider offering businesses tools for payment processing, fraud prevention, and financial management. After raising $1 billion of Series D venture funding in 2022, the business needed to assess and transform its’ financial processes and controls in order to deliver the company’s audit requirements.
The Challenge
Checkout.com needed to recruit senior interim finance professionals capable of driving complex financial controls transformation under tight timelines and within a dynamic, fast-paced environment. The key challenges included:
- Specialist Expertise: Candidates required deep technical accounting knowledge and a proven track record in financial process transformation.
- Time Sensitivity: Rapid onboarding was essential to meet pressing deadlines.
- Cultural Fit: Hires needed to integrate seamlessly into a fast-evolving business environment and deliver immediate impact.
The Solution
Cedar partnered closely with Checkout.com to gain a comprehensive understanding of the technical, cultural, and time-specific requirements of the roles. This approach enabled Cedar to deliver tailored solutions quickly and effectively:
- Targeted Shortlists: Leveraged our extensive interim network to identify candidates with specialist technical skills and experience in driving financial process improvements.
- Rapid Delivery: Presented a curated shortlist of candidates, streamlining the interview process to accelerate decision-making and onboarding.
- Key Appointments included:
- Interim Accounting Director (reporting to CAO)
- Interim UK Financial Accountant (reporting to GFC)
The Results
Cedar’s targeted and efficient approach delivered:
- Immediate impact, with both interim hires driving significant improvements to financial processes and controls during a critical period of transformation.
- Extended contracts for both roles, reflecting the high-quality results achieved and the ongoing value provided.
- Strengthened partnership with Checkout.com, leading to Cedar supporting additional recruitment across the finance and transformation functions on both interim and permanent basis.
