Gent & Associates

VP of FP&A Search for a Private Equity-Backed Firm

A private equity-backed technology services firm with $250 million in annual revenue engaged us to recruit a Vice President of Financial Planning & Analysis (FP&A). Reporting to the CFO, the VP of FP&A would lead financial forecasting, budgeting, and strategic decision-making to support growth and provide insights to both the executive team and private equity investors.

Client Overview

The client, a PE-backed technology services firm, sought a VP of FP&A to build a robust FP&A function, drive financial strategy, and support operational and investment goals in a high-growth environment.

Challenges

Complex Financial Environment: Required strong analytical skills to navigate rapidly evolving industry dynamics.
Private Equity Standards: Needed a candidate experienced in sophisticated financial modeling and board-level reporting.
Strategic Partner: Sought a leader who could influence key decisions and work closely with the CFO.
Cultural Fit: Required a results-oriented professional who could thrive in a fast-paced and collaborative environment.

Strategy

Role Definition: Partnered with the CFO and private equity stakeholders to define priorities, focusing on financial modeling, business intelligence, and strategic planning.
Targeted Candidate Search: Identified candidates with experience in PE-backed companies, particularly in building and leading FP&A teams in high-growth environments.
Screening and Assessment: Evaluated technical expertise in forecasting, budgeting, and data visualization, along with candidates� ability to influence senior leadership and align with the company�s fast-paced culture.

Outcome

Placement: Hired a seasoned FP&A professional with 15+ years of experience, including roles at two PE-backed firms, with a proven track record in building FP&A functions and providing strategic financial insights.
Immediate Impact:
- Developed a rolling forecast model for real-time decision-making and improved cash flow visibility.
- Created a board-level reporting package meeting PE firm standards, streamlining quarterly reviews.
- Partnered with business unit leaders to align financial goals with operational plans, fostering collaboration.
Strategic Contributions:
- Identified $5 million in annual cost-saving opportunities through detailed analysis of expenses and vendor contracts.
- Improved budgeting accuracy by 20%, enabling more effective resource allocation.
- Supported the CFO in evaluating M&A opportunities with robust financial due diligence and scenario analysis.

Key Takeaways

This case demonstrates the critical role a VP of FP&A plays in private equity-backed firms. By aligning technical expertise, strategic vision, and cultural fit, the right leader can drive growth, enhance financial performance, and meet investor expectations.