Cross-Border Spin-Off Consolidation Leader

The mandate

A crop-science portfolio is being spun from a diversified parent across seventeen legal entities and five functional currencies. The first reporting rehearsal failed because intercompany profit in seed inventory, parent allocations, treasury balances and translation reserves did not reconcile to the proposed perimeter. The consolidation lead departed after local statutory submissions and carve-out timetables produced competing opening-equity positions.

The interim must arrive in Buenos Aires within two weeks and lead eighteen months through separation, three audited rehearsals, legal completion and two independent quarters. Recruitment for a permanent group controller starts after the second rehearsal closes within eight working days with all material eliminations evidenced, targeted for month ten. The successor will own the third rehearsal and first stand-alone quarter during seven weeks of overlap.

Handover requires a governed entity and account perimeter, chart and currency hierarchy, opening-equity bridge, elimination rules, inventory-profit logic, translation and hyperinflation memoranda, tax and pension mappings, reporting calendar, control evidence and external-audit archive. The successor inherits late statutory dependencies, parent true-ups, system cutovers, unasserted balances, manual journals and remaining separation agreements with quantified exposure.

The interim may reject late or unsupported entity submissions, lock consolidation rules, require balance confirmation, redirect reporting resources and commit up to ARS 65 billion within approved separation funding. Accounting-policy conclusions, legal-entity transfers, tax elections, dividend decisions, system procurement and adjustments above delegation remain with authorised officers or committees. Local controllers keep statutory responsibility even when group deadlines are escalated.

Commercial forecasting, crop-product strategy, plant operations, parent consolidations beyond the carved perimeter and legal drafting are outside scope. The mandate covers stand-alone consolidation, entity reporting discipline, currency and elimination evidence, audit readiness, team formation and succession. It cannot force artificial balance by posting unexplained top-side journals or suppressing real differences between statutory and group bases.

Why this seat is open

The failed rehearsal showed that a legal perimeter alone does not create a functioning group-reporting system, followed by leadership exit. Local teams close for statutory purposes while parent rules still carry historic allocations and eliminations. Temporary consolidation authority can build a reproducible stand-alone close through separation and audited operating cycles.

What you will own

• Establish the reporting perimeter by entity, branch, account, ownership date, functional currency and statutory close dependency.
• Reconcile opening equity, invested capital, parent balances, historical reserves and carve-out adjustments to traceable source records.
• Govern intercompany matching and elimination across product, royalty, financing, tax, service and inventory-profit relationships.
• Control currency translation, hyperinflation, exchangeability constraints and reserve movement through documented accounting judgments.
• Align local statutory calendars, group submissions, audit requests and separation milestones without erasing genuine basis differences.
• Run three audited rehearsals and two independent quarters with accountable journals, issue ageing and materiality decisions.
• Transfer rule books, entity dossiers, reporting calendars, audit files and trained consolidation leadership to the successor.

Candidate qualifications

• Held executive group-controller authority for a cross-border spin-off spanning multiple entities, currencies and statutory regimes.
• Built independent consolidation from a parent environment with historical allocations, shared balances and top-side adjustments.
• Reconciled intercompany inventory profit, royalties, financing, services and tax through legal separation and stand-alone closes.
• Governed currency translation and hyperinflation evidence across constrained markets without masking unexplained equity movement.
• Led external-audit rehearsals, local-controller escalation and reporting-system transition under a fixed transaction timetable.
• Handed permanent leadership a stable close after audited rehearsal, completion and independent reporting cycles.

Non-negotiables

• Can begin onsite in Buenos Aires within two weeks and travel monthly across regional entity and audit sessions.
• Will accept exclusive executive accountability for stand-alone consolidation evidence and reporting-calendar escalation.
• Brings a completed multinational spin-off consolidation; ordinary group reporting or carve-out modelling alone is insufficient.
• Must disclose parent, spun business, audit, tax, systems, separation-adviser and significant supplier relationships.

1. 49 words maximum. Describe a spin-off rehearsal where opening equity failed because elimination or translation logic was incomplete.
2. 49 words maximum. Which control prevents unexplained top-side journals from becoming a permanent consolidation process?
3. 49 words maximum. State your Buenos Aires availability and the largest multi-currency spin-off you directly controlled.