Hire an interim CFO in Greece and Cyprus

An interim CFO takes over the finance function for a defined period and owns the numbers from the first day. Unlike an advisor, they sit inside the company and answer for what finance produces. In Greece and Cyprus the seat usually opens at one of these moments:

A sudden departure, often in the middle of an audit, a budget or a bank negotiation
A transaction: a sale, an acquisition or a fund that wants its own finance lead in place
An outgrown finance setup, still run by the accountant who closes the statutory books

The interim CFOs on Hellenic Talent are elite professionals who have run the CFO seat before, with backgrounds in Big 4 firms, top consultancies and senior industry finance roles. They know how banks, auditors and boards in Greece and Cyprus actually work.

How an interim CFO differs from a fractional CFO

Interim CFO

A full-time CFO, for a defined period

Fractional CFO

Senior finance leadership, a few days a week

Time

Full-time in the CFO seat

Part-time, typically one to three days a week

Duration

Fixed term, typically six to twelve months, until the situation is resolved or a permanent CFO starts

Ongoing, for months or years, alongside the company's growth

Fees

Monthly salary or day rate, typically at a markup on what a permanent CFO earns

Monthly retainer that scales with the workload

Best for

A specific situation that needs a full-time CFO now, for example:

a sudden CFO departure, until the successor starts
an acquisition, a sale or an integration
a turnaround or a restructuring with the banks

A company that needs the CFO level, not the full-time seat, for example:

an SME that cannot justify the cost of a qualified full-time CFO
a scale-up after its first institutional round
a family business preparing a bank loan, a succession or a sale

Read more in our guide: What is a fractional CFO? A guide for Greece and Cyprus

What does an interim CFO actually do?

Take control of cash, liquidity and the working-capital cycle
Restore a reliable monthly close and a management reporting rhythm
Manage the banks, auditors and investors as the single voice of finance
Prepare the numbers for an audit, a raise or a sale process
Upgrade the finance team and systems where they hold the close back
Give the board numbers it can make decisions on

How to choose the right interim CFO

What to test in the first conversation, whoever you end up hiring.

Ran finance as the CFO
Has owned a year-end close and the bank covenants as CFO, with the finance team reporting to them.
Cash before strategy
Opens with a rolling thirteen-week cash forecast, and can describe the last one they built and managed to.
Faced local banks and auditors
Has negotiated with Greek or Cypriot banks and taken a company through local statutory audits as its CFO.

How Hellenic Talent helps you find the right interim CFO

An interim CFO has to be free to start full-time, often at short notice, and few people in a company's own network are. Hellenic Talent closes that gap in three steps:

We know every member personally. Each has passed our rigorous interview process, and we know them well: they are not just a number in a database.
2
We match you with the interim CFO who fits best, or a fractional CFO if that suits the situation better, on:
- budget and rates
- working style
- specialisation, such as loan restructuring or an ERP roll-out
We help you choose. We come back with a shortlist, set up the conversations, and help you make the right choice.

Our network

CFOs and finance specialists in our network

Fractional CFO
25+years in finance
Former partner at a Big Four firm
Steps in as interim CFO at short notice and reorganises the finance teams of family businesses.
Athens
Open to travelOpen to remote work
Fractional CFO
25+years in finance
Former CFO and general manager at multinationals
Builds reporting, budgets and approval procedures, then readies companies for a sale or a bank loan.
Athens
Open to travelOpen to remote work
Groups of companies
15+years in finance
Former group CFO and founder of an advisory firm
Sets up group reporting, budgets and cash control for owners of multi-company businesses.
Athens
Open to travelOpen to remote work
Business plans and funding
15+years in finance
Corporate finance adviser, formerly in investment banking
Builds the business plans, models and pitch material that banks and investors ask for.
Greece
Open to travelOpen to remote work
Energy and renewables
20+years in finance
Former CFO of a group of companies
Builds business plans and valuations for solar and wind projects, and the bank financing behind them.
Athens
Open to travelOpen to remote work
ERP and reporting
8+years in finance
Former head of FP&A, now a fractional CFO
Leads ERP roll-outs and automates the reporting that owners and boards rely on.
Cyprus
Open to travelOpen to remote work
Restructuring
25+years in finance
Former group CFO, now an interim and part-time CFO
Has led corporate debt restructurings and refinanced credit lines with the banks.
Athens
Open to travelOpen to remote work
Foreign-owned companies
15+years in finance
Former finance director at international groups in Cyprus
Handles group reporting, consolidation and bank refinancing for cross-border holding structures.
Cyprus
Open to travelOpen to remote work
Start-ups and SMEs
10+years in finance
Former financial controller at international companies
Sets up the structure, budgets and funding plans of start-ups and young SMEs.
Athens
Open to travelOpen to remote work