Restructuring Senior Associate

Alvarez & Marsal - New York, NY (30+ days ago)3.8


Overview

Alvarez & Marsal, LLC, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Restructuring team. With more than 3,000 professionals based in locations across North America, Europe, Asia, and Latin America, our firm excels in problem-solving and value creation. Drawing on a strong operational heritage and hands-on approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

Responsibilities

A&M's Turnaround and Restructuring practice offers critical assistance to companies that are underperforming, in a crisis, or are healthy, but with underperforming divisions. Working directly with company management, A&M helps stabilize financial and operational performance by developing and implementing comprehensive profitability and working capital plans. A&M's involvement reassures creditors and investors that the company is taking steps to address its problems and maximize its value.

Our Turnaround Advisory professionals:
Address liquidity concerns
Stabilize core operations
Develop business plans
Review financial projections
Develop / review cost reduction initiatives
Implement cash conservation guidelines and controls
Implement ongoing communications processes with key constituencies
Identify and dispose of non-core assets
Assist in implementation of an operational restructuring
Manage creditor communication and negotiation processes
Develop pre-bankruptcy plans
Develop employee incentive plans
Assist with bankruptcy case administration

Qualifications:
Bachelor’s degree from a top undergraduate business program or MBA
Professional certification such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Turnaround Professional (CTP), or Certified Insolvency and Restructuring Advisor (CIRA) or demonstrated progress toward such certifications preferred
6+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus, 4+ of which is restructuring experience.
Demonstrate an advanced level of experience with a number of the following areas :

Financial modeling, including analysis of financial statements and preparation of integrated 3-statement financial models without supervision
Ability to analyze cash flows and prepare a 13-week cash flow forecast model without supervision
Can contribute to development of a business plan
Ability to lead work streams and train staff
Understanding of the bankruptcy process and key operational performance drivers of a business
Ability to extract useful information from large sets of unorganized or incomplete data
Interaction with clients/personnel at all levels of a corporation and ability to supervise client employees
Use problem solving skills to provide alternative solutions to complex issues
Commitment to promoting integrity, leadership and objectivity
Entrepreneurial team player who can excel in a fast-paced, challenging work environment
Confident and efficient speaker, presenter and business writer
Shows potential to develop a network of restructuring industry contacts (attorneys, bankers, etc.)
Willingness to travel up to 100%
Voluntary Inclusion

It is Alvarez & Marsal’s policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.