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The President of a privately held U$25 million distributor of household goods required a talented interim CFO to head up the company’s restructure operations, provide financial leadership, and increase profitability.
After consulting key stakeholders about the company’s goals and requirements, Robert Half specialists meticulously searched the talent pool for a highly proficient CFO with well-developed business acumen and leadership skills, and experience managing restructures who could hit the ground running.
Tapping into the vast database of pre-vetted talent, Robert Half was able to set up back-to-back interviews with three suitable candidates within one week. The client was in a position to extend a job offer to their preferred candidate the week after.
The interim CFO successfully managed the restructure and was able to help reduce inventory carrying costs and excess inventory by U$3.2 million; reduce commercial debt by U$2.3 million through improved free cash flow; and plan and execute a reduction in operating expenses totaling U$876,000 annually.
Amid the challenges of the COVID-19 pandemic, a US-based multinational, publicly-listed entertainment company was planning several mergers and acquisitions, and was seeking to expand its finance department in order to manage growth in a difficult operating environment.
Having previously secured accounting talent for the organisation in a tight timeframe of just two weeks, the company engaged the exclusive support of Robert Half to source several new team members including a Finance Director to be based in Hong Kong, and a Finance Director and one additional General Ledger Accountant to be based in Shanghai.
With the company’s CEO based in Hong Kong, our Hong Kong-based consultants were able to meet in person with the CEO to explain the talent market in Mainland China and advise on market salaries using insights leveraged from Robert Half consultants in Shanghai.
Robert Half recruitment experts in our offices across Asia collaborated to develop an effective recruitment strategy. By sourcing a variety of professional networks and our extensive candidate databases, Robert Half compiled a shortlist of 10 high-quality candidates for both Finance Director roles. After compiling a list of suitable candidates, the team set up consecutive interviews with shortlisted candidates, allowing the client to assess the talent in a short timeframe. This resulted in the successful placement of the Finance Director - Hong Kong in just six weeks from briefing to job acceptance. The role of Finance Director – Shanghai was filled within one month.
To support the Finance Director in Shanghai, the client also required a General Ledger Accountant, a role that Robert Half successfully filled within two weeks.
Robert Half was able to draw on our knowledge of the company and its culture to compile a rich talent pool of potential candidates. With the benefit of our global reach, the shortlist of candidates presented to our client represented outstanding diversity of experience. This saw the role filled with minimal disruption to the business.
The company was able to secure the headcount needed to navigate a period of merger and acquisition activity, which is already underpinning future growth and expansion. Underpinning the longstanding nature of Robert Half’s relationships, the client has returned to Robert Half for subsequent hiring needs and has indicated a high level of satisfaction with the talent sourced by our company.
A U$198 billion energy company was nearing completion of the largest refinery expansion in its history. The firm needed help quickly to review and find errors in subcontractors’ invoices – some as long as 16,000 pages. In order to do so they sought a highly experienced Auditor and Data Analyst with industry experience and CIA/CPA credentials who could hit the ground running.
The company reached out to Robert Half with a Statement of Work (SOW) rather than outsource. They wanted to manage the project themselves, with Robert Half providing a talent pipeline of highly qualified financial specialists.
After thoroughly identifying the specific needs of the organisation, Robert Half tapped into its vast database of readily available contractors to identify talent who could quickly contribute to turning around the organisation’s fortunes.
Within one week the team of recruitment consultants were able to provide the client with three and four suitable candidates for the Auditor and Data Analyst role respectively, after which they scheduled consecutive interviews to help save the client time. The company extended a job offer to their chosen candidates the following week.
Because of the rapid deployment of talent combined with the ability to scale up and down for large projects on the regional, national, and global level, the client was given the flexibility to adapt their talent needs on an ongoing basis.
The initial audit blitz recovered more than U$6 million. The company expanded the project based on the initial success, and in total the team recovered more than U$30 million in fraud, overbilling, and miscellaneous errors.
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