Senior Associate, Restructuring

About the role

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry.

Team

You will work alongside professionals recognized as authorities across a diverse set of industries, and with the guidance of the most talented restructuring practitioners, you will drive changes that preserve and create value, impacting the world’s most recognized organizations, and their people.

How you will contribute

• Work closely with companies across a variety of industries to help underperforming businesses navigate their restructuring process and create a lasting positive impact on the organization.
• Leverage your resourcefulness and independent judgment to help develop solutions to critical problems to improve an organization’s overall performance and enterprise value by developing and executing restructuring and turnaround plans.
• Apply your analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement.
• Build and manage 13-week cash flow forecast.
• Create a liquidation analysis to address feasibility of Plan of Reorganization.
• Create a long-term business plan in order to track and manage business performance, manage working capital, and implement cost reduction initiatives.
• Implement cash conservation strategy and controls.
• Develop pre-bankruptcy plans and assist with bankruptcy case administration, which includes supporting the handling of creditor constituents and preparing bankruptcy documents.
• Support marketing initiatives by assisting with the pitch preparation process.
• Lead a work stream within a project and coach and mentor junior resources.
• Build rapport and develop credible relationships with clients, legal counsel and investment bankers, and be relied on to proactively communicate with your team, external parties and client leadership.

Qualifications

• 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.
• 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 preferred.
• 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%.

Culture & Values

At Alvarez & Marsal, our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything we do, shaping a culture rooted in entrepreneurship, impact, and integrity. We trust our people to take ownership early, contribute to meaningful challenges, and drive results that matter. We empower growth and champion diverse perspectives. Above all, we value doing the right thing.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws.