Stand-in Management | Duration: Open-ended
Content: Takeover of the accounting for holdings due to maternity leave
Context: A publicly traded international group manages its holdings from Fribourg. The Director of Consolidation and Accounting went on maternity leave at the beginning of 2022, just before the annual financial close. The client requested a manager capable of leading the teams and bringing expertise on Swiss and European holdings, regulatory filings, local standards, IFRS, and other competencies.
NIMSwitzerland’s solution: A Zurich-based manager, passionate about international accounting standards, with experience in a particularly complex industry and a background as CFO of a multinational group with multiple structures, was selected. He manages two teams, oversees the closings and audits of more than twenty companies, and handles board meetings and general assemblies with dividend distributions up to seven levels!
Outcome: The mission, initially open-ended due to the anticipated parental leave, is still ongoing. Since then, transformation projects have arisen, and the manager remains in position one year later…
