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Alvarez & Marsal · 5 days ago

Senior Associate, Restructuring Unsecured Creditors Committee

Chicago, IL

Full-time

Hybrid

Senior Level

$160K/yr - $185K/yr

6+ years exp

Alvarez & Marsal is a global consulting firm specializing in turnaround management and restructuring services. The Restructuring Senior Associate role involves working closely with underperforming businesses to navigate their restructuring processes and implement solutions that enhance organizational performance.

ConsultingProfessional Services

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Building and managing 13-week cash flow forecast

Building a liquidation analysis to address feasibility of Plan of Reorganization

Working with client to create a long-term business plan in order to track and manage business performance, manage working capital, and implement cost reduction initiatives

Implementing cash conservation strategy and controls

Developing pre-bankruptcy plans and assisting with bankruptcy case administration, which includes supporting the handling of creditor constituents and preparing bankruptcy documents

Supporting marketing initiatives by assisting with the pitch preparation process

Leading a work stream within a project and coaching and mentoring junior resources

Qualification

Corporate restructuringFinancial modelingCash flow forecastingAdvanced Microsoft skillsProfessional certificationsProblem-solving skillsVerbal communicationWritten communicationTeam player

Required

At least 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+ years of which is direct restructuring experience

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

Advanced Microsoft, PowerPoint, and Word skills a must

Understanding of the fundamental aspects of Chapter 11 proceedings

Advanced level of experience in financial modeling with ability to build 13-week cash flow forecast and 3-statement financial models with limited oversight

Excellent organizational and problem-solving skills

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

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

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

Willingness to travel 100%

Preferred

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

Benefits

Healthcare plans

Flexible spending and savings accounts

Life, AD&D, and disability coverages

401(k) retirement savings plan

Annual discretionary contribution to their 401(k) retirement savings plan

Paid time off including vacation

Personal days

Seventy-two (72) hours of sick time

Ten federal holidays

One floating holiday

Parental leave

Company

Alvarez & Marsal

Glassdoor4.1

Alvarez & Marsal provides advisory services related to turnaround management and performance improvement.

Founded in 2003

New York, New York, USA

10001+ employees

http://www.alvarezandmarsal.com/

H1B Sponsorship

Alvarez & Marsal has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (3)

2024 (1)

2023 (3)

2022 (2)