Director, Restructuring
Alvarez & Marsal · Houston, TX · 2 wk ago
Management$200k–$225k/yrFull-time
About the role
Leading a team overseeing a diverse range of projects involving turnaround management, restructuring, performance improvement and corporate advisory services, helping underperforming businesses navigate their restructuring process and creating a lasting positive impact on organizations.
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.
Requirements
- 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.
- Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), or Chartered Financial Analyst (CFA) preferred.
- 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%.
Qualifications
- 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.
- Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), or Chartered Financial Analyst (CFA) preferred.
- 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%.