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Alvarez & Marsal · 1 day ago

Director, Restructuring

Troy, MI

Full-time

Hybrid

Director/Executive

$200K/yr - $225K/yr

10+ years exp

Alvarez & Marsal is a global consulting firm known for its entrepreneurial and results-oriented professionals. The Restructuring Director will lead a team overseeing various projects related to turnaround management and restructuring, helping underperforming businesses navigate their restructuring processes.

ConsultingProfessional Services

Growth Opportunities

Responsibilities

Developing and executing restructuring and turnaround plans to improve an organization’s overall performance and enterprise value

Providing day to day team management to ensure plans, budgets, and schedules are adhered to

Acting as the point of contact for certain assigned workstreams within a client engagement

Performing and overseeing analysis on company business plans

Reviewing and presenting 13-week Cash Flow and 3 Statement Financial models to clients

Leading clients through various processes, including making working capital improvements, bankruptcy preparation, liquidation analysis, credit agreement negotiations, and claims processing

Assessing key business operational performance drivers

Developing and sensitizing business plans to aid management

Developing and reviewing cost reduction initiatives and execution milestones

Reviewing bankruptcy plans, strategies, disclosure statements and 363 Sales processes

Implementing cash conservation guidelines and controls

Training, mentoring and performance evaluation of junior staff

Qualification

Corporate restructuringFinancial modelingCash flow forecastingBusiness plan developmentProfessional certificationsMicrosoft ExcelTeam managementVerbal skillsCredibilityInfluenceOrganizational skillsProblem-solving skillsWritten skillsTeam player

Required

At least 10+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus, 5+ years of which is direct restructuring experience

BA/BS degree and/or MBA/MS in Accounting, Finance, or other related analytical and quantitative fields

Understanding of the fundamental aspects of a Chapter 11 proceeding

Advanced Microsoft Excel, PowerPoint and Word skills are a must

Ability to identify key operational performance drivers, cash flow forecasting, and flexibility to support clients with a broad array of issues

Prior proven experience leading and managing work streams and mentoring junior staff

Proven understanding of financial modeling and analysis

Demonstrated experience in developing a business plan

Excellent organizational and problem-solving skills

Excellent verbal and written skills, with the ability to communicate with all levels of client personnel

Team player who can excel in a fast-paced, entrepreneurial, challenging work environment

Ability to establish credibility and influence clients

Commitment to living and promoting A&M's cultural values: integrity, leadership, objectivity, inclusive diversity and fun

Willingness to travel 100%

Preferred

Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), or Chartered Financial Analyst (CFA) preferred