
ASTEC: Integrating a $100M+ Canadian Business Unit into a $3B Enterprise
ASTEC's $100M+ Canadian business unit was struggling to integrate into the broader $3B enterprise. Systems, data, and reporting were out of sync across the border, and the entity needed senior financial leadership to stabilize the function and bring it in line with corporate — without dismantling the existing team.
Building on a relationship that spans roughly a dozen placements across ASTEC's accounting, ERP, and shared-services teams, District Partners parachuted an interim Controller/CFO across the border into the Canadian entity for a six-month engagement. Rather than clearing house, our placement embedded alongside the existing team to rebuild how the business understood and ran its finances.
Over six months, the engagement overhauled the unit's finance foundation — standing up its systems in Oracle, rebuilding the chart of accounts, and cleaning up several years of historical general ledger entries, fixed assets, and vendor contracts. Budgeting and reporting were rebuilt, processes simplified, and the entity fully integrated into the enterprise's shared-services model. Just as important, the work leveled up the people already in place — training staff to do more with the tools they had rather than starting over — leaving behind a stronger, more self-sufficient finance team.
