Senior Associate, Restructuring
Alvarez & Marsal · Chicago, IL · 2 days ago
On-siteFinance$160k–$185k/yrFull-time
About the role
As a Restructuring & Turnaround Senior Associate at Alvarez & Marsal, 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.
Responsibilities
- 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.
- Advising on every aspect of the restructuring process, from strategy to cash conservation/liquidity management, business plan development and implementation.
- Developing and executing restructuring and turnaround plans using analytical skills and a deep understanding of accounting and finance.
- Building and managing 13-week cash flow forecasts, creating liquidation analyses, and implementing cash conservation strategies.
- Supporting bankruptcy case administration, including handling creditor constituents and preparing bankruptcy documents.
- Leading work streams within projects and coaching and mentoring junior resources.
- Communicating analyses and insights to a variety of audiences, including senior management and external parties.
Requirements
- 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.
- A BA/BS degree and/or MBA/MS in Accounting, Finance, or other related analytical fields.
- Advanced Microsoft, PowerPoint, and Word skills.
- 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.
Qualifications
- 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%.
Benefits
The salary range is $160,000 - $185,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.