Interim Chief Financial Officer (CFO)

On-site | Philadelphia, PA

Cherry Bekaert is partnered with a well-capitalized, growth-oriented financial institution in the Philadelphia market to identify an Interim Chief Financial Officer (CFO). This is a full-time, on-site engagement (5 days/week) expected to last approximately 2–3 months while a permanent search is conducted.

This organization has experienced significant asset growth over the past several years and is positioned for continued expansion. The Interim CFO will step into a stable, well-run finance function and serve as a strategic partner to executive leadership during this transition period.

Key Responsibilities

• Oversee all finance and accounting activities, including budgeting, forecasting, reporting, and audit coordination
• Monitor the organization’s financial health, liquidity, and interest rate risk
• Prepare and present financial results, forecasts, and analysis to executive leadership and the Board
• Ensure timely and accurate regulatory and financial reporting in compliance with state and federal banking requirements
• Review financial statements, projections, and budget-to-actual results; provide insights and recommendations as needed
• Variance analyses, liquidity ratio monitoring, and dashboard reviews
• Partner with senior leadership on financial planning, cost controls, and strategic initiatives
• Oversee investment portfolio analysis and reporting
• Provide leadership and guidance to an established finance and accounting team
• Ensure strong internal controls, audit readiness, and adherence to regulatory standards

Team Structure

• Direct oversight of two experienced finance professionals who manage day-to-day accounting and reporting functions
• Finance operations are well automated, stable, and running smoothly

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration (MBA preferred)
• CPA required
• Minimum of 5+ years of progressive experience in accounting, financial reporting, and financial leadership
• Must have strong CFO level knowledge of banking regulations, compliance, and financial reporting requirements
• Experienced with bank reporting and reviews involving ALCO, FHLB Advances, QCR reporting, CLA audit
• Proven ability to operate effectively in a senior executive, hands-on leadership role
• Excellent communication, judgment, and stakeholder management skills

Engagement Details

• Schedule: Monday–Friday, 8:30 AM – 5:00 PM
• Location: On-site, Center City, Philadelphia, PA

IND4