TMF Group is a private equity-backed global professional services firm headquartered in Amsterdam that provides accounting, tax, HR, payroll and corporate secretarial services across 86 countries.
Challenge
TMF Group’s new Chief Transformation Officer joined in Q4 2024 with a clear mandate to build and execute the value creation plan.
Finatal entered the relationship cold. TMF had a long-standing partnership with another search firm, and the incumbent was strong in strategy talent. The gap was execution.
TMF needed operators who could deliver the value creation plan across Accounting & Tax, Finance, HR, Tax, Global Entity Management and Commercial Transformation, spanning three regions: the UK, Spain and Malaysia.
Action
The engagement was led by Vinai Kongara, who joined Finatal after a decade spent building transformation teams across Banking, FinTechs, Professional Services and PE-backed businesses.
The approach was simple: combine Vinai’s network with Finatal’s private equity expertise and proactively headhunt for every role.
Vinai worked closely with the Chief Transformation Officer, the Head of Transformation and the Global Operations & Technology Leadership Team to understand the strategic needs of the business, the culture and skill set needed to deliver value to the organisation.
Every search began with in-depth research into the role, team culture and the type of operator most likely to succeed. That rigour kept shortlists short and conversion high.
The placements spanned interim and permanent roles across five disciplines:
Accounting & Tax Transformation
Tax Transformation SME, initially hired remotely from Kuala Lumpur and later relocated to London.
Accounting & Tax Transformation
Accounting & Tax Transformation Lead.
Accounting & Tax Transformation
Accounting & Tax Service Catalogue Project Manager.
Accounting & Tax Transformation
A&T Finance Transformation Lead.
Accounting & Tax
Implementation Project Manager. Interim Project Manager brought in to help roll out a regulatory initiative.
HR Transformation
Operating Model Programme Manager.
HR Transformation
Payroll System Migration Programme Manager.
Finance Transformation
Finance Transformation Lead, placed four times across the business.
Commercial Transformation
Interim Commercial Product & Programme Director.
Global Entity Management
Transformation specialist appointed for an initial ten-week engagement and subsequently extended multiple times.
Impact
Ten placements across five disciplines and three regions, covering both interim and permanent hires.
The work helped bridge the gap between TMF’s transformation strategy and execution capability by embedding experienced operators within each workstream.
Finatal quickly became a trusted execution partner for both the Transformation Office and the Technology Office, while building strong relationships with senior leaders across the wider business.