Carve-Out Finance Separation Director

The mandate

This eight-month project will create and execute the finance separation plan required for a confidential carve-out. No transaction party, timing signal or organisational descriptor is published. The consulting director must convert agreed perimeter decisions into Day-One-ready finance processes, balances, controls, services and evidence, while keeping unresolved choices explicit.

Month one delivers a perimeter-and-dependency baseline. Months two and three establish separation designs for close, reporting, payables, receivables, cash, intercompany, data, controls and temporary services. Months four through six execute agreed readiness work and rehearsals. Month seven supports Day One; month eight validates the first close and hands residual obligations to permanent owners.

Eight milestone artifacts are required: perimeter ledger, dependency map, separation accounting workplan, Day-One process design, data-and-control readiness pack, rehearsal results, Day-One evidence book and first-close handover. Acceptance requires traceability to approved transaction decisions, named owners and defined exit tests. The director must not infer missing legal or accounting decisions.

Management provides approved perimeter information, access to authorised subject-matter owners, relevant service assumptions and timely legal, tax, accounting and treasury decisions. The director coordinates finance execution but cannot negotiate the transaction, make accounting or tax conclusions, sign service arrangements, approve banking authority or communicate externally.

The Transaction Finance Lead accepts each milestone. Final acceptance follows a controlled first close with reconciled opening positions, operating service routes, documented residual dependencies and no hidden reliance on the consulting team. Work beyond the agreed perimeter, extended service operation and post-close optimisation are excluded unless separately contracted.

What you will own

• Maintain a controlled perimeter ledger connecting approved separation decisions to processes, balances, data, people, controls and services.
• Identify finance dependencies that cross the perimeter and assign resolution, temporary service or explicit risk acceptance.
• Build Day-One designs for close, cash, payables, receivables, intercompany and reporting with named operating owners.
• Coordinate separation accounting work without making reserved accounting, legal or tax judgements.
• Define data extraction, validation, access and evidence conditions for each finance transition population.
• Run readiness rehearsals and record failure, owner, corrective action and retest rather than accepting checklist completion.
• Support Day One and the first close through a controlled decision and evidence book.
• Transfer residual services, decisions and risks to permanent owners with explicit exit conditions.

Candidate qualifications

• Demonstrate leadership of finance separation through Day One and at least one subsequent close.
• Show how you maintained perimeter control as decisions changed without exposing confidential transaction detail.
• Provide an example of a rehearsal failure that altered readiness sequencing or a Day-One choice.
• Bring broad operating depth across close, cash, transaction processing, intercompany, data and controls.
• Evidence disciplined separation of execution from reserved legal, tax and accounting decisions.
• Describe how you prevented temporary service assumptions from becoming hidden permanent dependency.
• Show milestone and client-input control under a confidential, deadline-led fixed project.

Working terms and boundaries

• Eight milestones over eight months at five days a week run from perimeter baseline through first-close handover.
• The Transaction Finance Lead accepts each artifact against approved perimeter, traceability, readiness evidence and owner accountability.
• Management supplies authorised decisions, subject-matter access and dependency inputs within agreed response windows.
• Transaction negotiation, accounting and tax conclusions, banking authority, external communication and extended service operation are excluded.
• Perimeter or timing changes require written impact control covering artifacts, schedule, tests and fee.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 6 October 2026. Mandate reference FNA-CON-2026-MAD-29.