Jobs · Finance · Illinois

Senior Associate – Carve-Out, M&A, & Standalone Advisory

PeopleCaddie · Chicago, IL · 2 wk ago
Finance$85–$110/hrContract

Key Responsibilities

  • Support the development of standalone operating models across Finance, IT, HR, Supply Chain, Procurement, and Commercial functions.
  • Assess operational interdependencies between parent and carved-out entities to define separation requirements and risks.
  • Help design future-state processes, governance structures, and organizational models required for standalone readiness.
  • Contribute to Day 1 readiness and cut-over planning to ensure a smooth transition.
  • Support the development of TSA schedules, service definitions, pricing assumptions, and exit timelines.
  • Aid in structuring TSA arrangements that minimize buyer dependence and reduce seller risk exposure.
  • Prepare analyses and materials to support TSA negotiations and stakeholder discussions.
  • Track TSA milestones, service obligations, and exit readiness activities.
  • Identify standalone costs, one-time separation costs, and stranded cost impacts resulting from divestitures.
  • Support synergy, cost optimization, and operational improvement assessments where applicable.
  • Build models in Microsoft Excel to evaluate financial scenarios, cost structures, and transition economics.
  • Prepare concise, executive-level presentations summarizing findings and recommendations.
  • Drive PMO activities including workplans, milestone tracking, issue logs, and stakeholder coordination.
  • Cook up with diligence teams across Financial Due Diligence, IT, Human Capital, and Supply Chain.

Qualifications

  • Bachelor’s degree in Accounting, Finance, Business, or related field required; MBA preferred.
  • 3–5 years of experience in management consulting, M&A advisory, transaction services, corporate development, or transformation.
  • Prior experience supporting carve-outs, standalone planning, TSA development, or separation management strongly preferred.
  • Strong Microsoft Excel / modeling skills with exceptional attention to operational detail.
  • Excellent communication, stakeholder management, and remote collaboration skills.
  • Ability to thrive in fast-paced, project-based environments.

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