As your business grows, so do the financial decisions you face. From managing cashflow and funding rounds to preparing for expansion or exit, the stakes become higher — and the numbers more complex.
But hiring a full-time Finance Director (FD) can be costly, and not every business needs one on a permanent basis. That is where an Interim Finance Director comes in.
What is an Interim Finance Director?
An Interim Finance Director is a senior finance professional who joins your business on a flexible basis — part-time, project-based, or during a period of transition. They bring the experience of a permanent FD, but without the long-term commitment.
You get high-level support when you need it, for as long as you need it.
When Might You Need One?
Here are common signs that it might be time to bring in an Interim FD:
- You are growing quickly and need more robust financial reporting, forecasting, and cashflow management
- You are preparing for investment, sale, or acquisition, and need financial leadership to navigate the process
- Your current finance team lacks senior oversight or needs better systems and controls
- You need board-level financial advice, but hiring a full-time FD is not the right fit (yet)
- You have a gap to fill due to absence or resignation, and cannot afford to lose momentum
What Can an Interim FD Do for You?
Depending on your needs, an Interim FD can:
- Set up or improve management reporting and KPIs
- Support strategic decision-making with clear financial insight
- Manage funding rounds, investor reporting, or banking relationships
- Oversee budgeting, cashflow forecasting, and cost control
- Lead financial due diligence or preparation for exit
- Improve internal processes, systems, and controls
- Mentor your existing finance team or prepare the ground for a future full-time hire
In short, they bring focus, rigour, and strategic thinking — without the overhead of a permanent appointment.
What Should You Look For?
Not all Interim FDs are alike. Look for someone who:
- Has experience at your size or stage of business
- Understands the sector you operate in
- Communicates clearly and commercially — not just technically
- Can hit the ground running and add value quickly
- Fits culturally with your team and ways of working
At HIZE, we provide interim FD support to businesses at key turning points — scaling up, raising funds, restructuring, or preparing for exit — with a tailored, hands-on approach.
Flexible, Strategic Support When You Need It
Bringing in an Interim Finance Director can transform your finance function from reactive to strategic — giving you the clarity and confidence to move forward.
If you are not quite ready for a full-time FD but know you need more than basic compliance, this could be the next smart step.
Need senior financial input — without a full-time hire?
Contact us to explore how our Interim FD service could support your goals.