An Interim Treasury Director operational within 72 hours
Cash forecasts that no longer hold, worried banks, a treasurer who left without a successor: Delville Management presents Interim Treasury Director profiles within 72 hours, with a start possible within 5 days.
The responsibilities of an Interim Treasury Director
The Interim Treasury Director takes charge of the company's treasury for a defined period. They first regain visibility over cash, manage relations with the banks, then lead the projects the existing team cannot absorb. They decide and execute, with the responsibility of a permanent treasurer. They are called in during a liquidity squeeze or a business turnaround, during an acquisition or an LBO, during a systems project or after an unexpected departure, in emergency management.
Taking back control of cash and forecasts
From the first days, the interim manager rebuilds a week-by-week cash forecast over 13 weeks, based on receipts actually expected and payments already committed. They set up a daily cash meeting with management. When liquidity tightens, they decide the order of payments.
Managing banking relationships and financing
They take stock of accounts, credit lines and covenants, the ratios the company has committed to meet with its lenders. They prepare and lead discussions with the banks: renewal of short-term lines, setting up factoring, requesting a covenant waiver before it is breached.
Reducing working capital requirements
The Interim Treasury Director works with sales, purchasing and supply chain on the three items that tie up cash (customer payment terms, supplier payment terms, inventory). They instil a cash culture in the operational teams, with indicators tracked every week rather than at the close.
Hedging interest rate, currency and liquidity risks
They map the company's exposures, such as floating-rate debt, purchases in foreign currencies or excessive dependence on a single bank. They propose a hedging policy proportionate to these amounts, have it approved by senior management, then implement it with the banks.
Leading treasury projects
Selecting treasury management software (TMS), EBICS bank connectivity, cash pooling or netting between subsidiaries, integrating the treasury of an acquired company. On each of these projects, they lead the rollout through to go-live and train the team that will use the tool after they leave.
Ensuring continuity in the role and leading the team
After an unexpected departure, the first emergency is often administrative. The bank signing powers must be updated so that payments continue to be signed. The interim manager then takes over the treasury team, makes payment procedures reliable and prepares the handover to the recruited successor.
From your first conversation, we search among more than 22,000 interim managers for those who have already run a treasury function in a situation close to yours. A selection of qualified profiles within 72 hours is presented to you.
Each candidate goes through an in-depth interview with a Mission Director, and their references are systematically checked. Only profiles who have already been through a comparable situation are presented to you: a liquidity crisis, an acquisition or a treasury software project.
Once the candidate is approved, the manager can take up the role within 5 days. They start with a diagnosis of the cash position and an action plan shared with management.
Each assignment is followed by a local expert and a Mission Director who is an expert in your sector.
At the end of the assignment, the Interim Treasury Director hands over procedures, forecasts and access to their successor, with an end-of-assignment report. The team keeps the tools and routines put in place during the assignment.
A former group treasurer or head of financing, they have already been through a liquidity squeeze. They know how banks work from the inside and can decide on a payment in minutes.
Whether referred to as Treasury Director, treasurer or interim treasurer, they combine technical skill and authority: forecasts, financing, hedging and tools on one side, cash discipline imposed on operational teams on the other. The managers in our network have more than 15 years of experience on average.
They work in SMEs, mid-sized companies and group subsidiaries, often alongside the CFO or an Interim CFO, sometimes on the front line when treasury is the most urgent issue.
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