Confidential mandate

Interim Vice President Finance — Consumer-Technology Business Separation

Planned Replacement

Interim Vice President Finance mandate in Bengaluru, India · Consumer Technology Separation Finance

Take temporary executive finance ownership of a consumer-technology business separation, establishing standalone budgets, opening-balance evidence and transition-cost accountability while directing the finance team toward a tested successor handover without taking legal restructuring, product or technology-migration authority.

The mandate

An approved carve-out of a consumer-technology business coincides with the internal transfer of its finance leader to the retained platform. The interim VP will take executive finance responsibility from 26 October 2026 for twelve months, building a credible standalone financial perimeter while separation activities continue. The immediate problem is that historic shared costs, cash dependencies and transition services do not yet support an independently executable budget. Finance must identify what the separated business actually needs, distinguish temporary support from enduring expense and prevent the opening plan from appearing profitable through omitted or unsupported allocations.

Twenty-one professionals will work through the interim leader across finance, planning and transition-service control. The first month focuses on opening-balance evidence, cash dependencies and a baseline of services received from the retained business. The seat then owns standalone financial planning and transition-cost governance, testing whether replacement assumptions have accountable operating owners. A forecast should distinguish removal of an allocation from removal of the underlying cost. It must also recognise when separation timing creates dual running, one-off expenditure or a cash dependency that persists even after an organisational chart says the business is independent.

The VP may approve operating budgets, finance-control priorities and delegated transition-cost changes within the separation plan. Legal restructuring, technology migration and product strategy are excluded; designated legal, technology and commercial leaders retain those responsibilities. Material funding, service-contract commitments and changes to the approved separation perimeter require CFO or board approval. Controllers determine opening accounting treatment and policy. The interim leader's task is to demand evidence, make financial consequences visible and lead finance execution within delegation, not to promise that every separation dependency can be resolved by adjusting a budget or creating a new legal entity.

Five days weekly are reserved onsite in Bengaluru with scheduled Mumbai coordination. The initial term ends on 26 October 2027; any extension requires explicit sponsor approval and cannot exceed an overall twenty-four-month cap from the original start. A permanent VP search runs alongside delivery. Handover requires three standalone closes, a cash forecast operated independently by the successor and accepted ownership of remaining transition costs. Outstanding legal or technology milestones are disclosed with their financial implications; they cannot be hidden merely to produce a clean finance completion certificate or used to expand the interim seat's authority indefinitely.

What you will own

  • Establish the standalone financial perimeter and opening-plan evidence, identifying cash dependencies and shared costs that cannot be removed simply because the separated organisation has received a new reporting structure.
  • Lead the twenty-one-person finance organisation through separation priorities, assigning accountable budget and transition-service owners while protecting required closing and cash obligations from competing programme demands.
  • Approve delegated operating and transition-cost decisions with evidence of scope and ownership, escalating material funding or service commitments rather than using interim authority to alter the board-approved separation perimeter.
  • Govern the standalone cash forecast and dual-running exposures, distinguishing temporary support, replacement cost and continuing dependency so management sees the financial consequence of changed separation timing.
  • Challenge service-exit assumptions with technology, operations and retained-business owners, requiring evidence that costs and dependencies have genuinely changed while leaving migration and legal execution with the designated workstream leaders.
  • Transfer the finance seat after three standalone closes and a successor-led cash cycle, disclosing residual transition obligations with named owners and decision routes instead of handing over an apparently complete but dependency-blind budget.

Candidate qualifications

  • Demonstrate senior finance leadership in consumer technology, retail or a multi-business platform through a separation or substantial organisational change. Describe the standalone financial perimeter you personally established, including shared costs and cash dependencies that were initially misunderstood. We need executive finance decisions and team leadership, not participation in a carve-out programme where another leader owned the budgets, financial controls and resulting operating plan.
  • Hold a Chartered Accountancy qualification and show strong P&L planning, cash-flow and capital-allocation judgement at senior-director or equivalent responsibility. You must distinguish accounting treatment, operating cost and funding exposure, and work with controllers on opening balances. Explain how you recognised dual running or a retained-business dependency without either omitting it from the case or charging it indefinitely as an unexplained contingency.
  • Be available from 26 October 2026 for five days weekly in Bengaluru. Show a practical first-month approach that secures finance continuity while establishing separation evidence. Experience must include constructive challenge of legal, technology or operational dependencies, with the discipline to escalate decisions outside your authority rather than assuming the finance seat can take over the workstream when its timetable becomes uncomfortable.
  • Evidence a successful successor handover after transformation or separation. Describe the independent close or cash-cycle test, unresolved obligations disclosed and the decisions left with the permanent leader. Strong candidates develop finance managers throughout the assignment, retain a clear distinction between temporary service support and enduring cost and accept that a bounded finance handover can occur while separately owned programme milestones remain open.

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 13 October 2026. Mandate reference CVU-INT-2026-IND-046.

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