Director, Turnaround & Restructuring Services

About the role

The Director, TRS at Portage Point Partners represents a unique opportunity to assume a wide range of responsibilities and make a significant impact. This Director, TRS is a client delivery leadership position for highly capable professionals to make substantial contributions to overall firm growth.

Responsibilities

• Work directly with senior personnel at Portage Point and our clients to develop comprehensive solutions to complex operational and financial challenges across the business lifecycle including formulating and implementing value creation, business transformation and performance improvement plans, contingency planning and bankruptcy preparation / execution
• Lead liquidity management (cash flow forecasting, treasury operations and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting formulation of business / restructuring plans
• Identify and re-allocating resources to operational, growth, financial and strategic initiatives with highest risk adjusted return
• Develop detailed financial projections and business plans
• Lead preparation of executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations
• Structure and incorporate streamlined financial and operational processes to improve efficiencies
• Present KPIs, financial performance, budget, board of director presentations, stakeholder presentations
• Lead various operational, financial and management meetings as well as key constituent communications / negotiations
• Contribute to the origination and selling of projects including experience pitching to or partnering with senior executives, private equity firms, lenders, lawyers and other related buyers
• Advise clients and makes decisions that demonstrate expertise, synthesizing the core drivers of both the clients’ business, situational analyses and the underlying complexity of the situation to maximize value
• Provide coaching and mentorship to junior team members
• Lead or support internal trainings and best practice sharing
• Support business development and client relationship efforts
• Support talent acquisition and firm-building initiatives
• Contribute to a high-performing, inclusive and values-driven culture

Qualifications

• Bachelor’s degree from a top undergraduate program
• Located in or willing to relocate to Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, Palm Beach or Philadelphia
• Invested in a team-based culture, motivated to collaborate in office four days per week and willing to work at client sites as needed
• 10 plus years of experience with seven or more years of investment banking, consulting, restructuring / distressed or private equity at a top-tier firm in addition to two or more years spent operating, investing, advising operational improvements and / or servicing stakeholders or a compelling non-traditional background
• Full mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysis
• Ability to successfully work in a small, collaborative team environment
• Personal network and relationships that yield new opportunities and engagements across transformation, restructuring and interim management
• Proven ability to cross-sell complementary service offerings and expand network
• Superior written and verbal communication skills, including executive-ready presentation and reporting skills
• Proven ability to thrive in lean, fast-moving teams
• High attention to detail, responsiveness and ownership mindset
• Track record of success in high-pressure, client-facing environments

Pay

$650,000 - $900,000 a year