at Alvarez & Marsal North America, LLC in Chicago, Illinois, United States
Job Description
Description
Restructuring & Turnaround Senior Associate - Case Management Services
Alvarez & Marsal is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement and corporate advisory services. Our talent drives our success, resulting in our Restructuring & Turnaround practice becoming one of the largest and most recognized in the industry.
Our successes managing some of the largest crises in the world (e.g. Lehman Brothers and Arthur Anderson), as well as preserving iconic brands through restructuring (e.g. Toys R Us) have earned us multiple industry awards such as: Turnaround Management Associations (TMAs) 2023 Large Company Turnaround Transaction of the year CHC Helicopter; TMAs 2022 Mid-Size Company Turnaround of the Year Frontera Holdings; TMAs 2022 Midwest Large Company Turnaround of the Year Valaris; TMAs 2021 Mega Company Turnaround of the Year Murray Energy Holdings Co. In 2023 A&M was ranked 10 out of nearly 700 consulting firms in the U.S. on Vault Consulting 50, a signature list of the top 50 consulting firms.
A career within the Case Management Services (CMS) group will provide you with the opportunity to work on some of the nations largest and most complex turnaround and restructuring engagements. As a specialized group, the CMS team sits within Alvarez & Marsals broader Turnaround and Restructuring practice. This will provide you the opportunity to collaborate with top tier law firms, financial advisors, and other bankruptcy professionals to assist clients with the administration of bankruptcy cases. Our team uses proprietary technology to manage the various reporting requirements of the bankruptcy process.
What will you be doing?
You will create a lasting positive impact on numerous organizations by leading a team through the Chapter 11 preparation and reporting requirements from pre-filling through distribution for our clients.
You will be working with a team of consultants on a diverse range of projects and work streams assisting in Chapter 11 preparation and reporting requirements throughout the lifecycle/engagement, from pre-filing through distribution (e.g. preparation of the creditor matrix, schedules, and statements of financial affairs, claims reconciliation, preference analyses, lease assumption / rejection analyses, distribution processes) as well as all facets of post-confirmation wind down.
Your key responsibilities will include:
- Developing and adjusting work plans and tasks on engagements to handle challenging deadlines, changing deliverables, and evolving task priorities
- Serving as a point of contact for client engagements
- Performing pre-filing activities (e.g. data extractions for first-day pleadings, developing plans and reports for pre- and post-petition accounts payable, and compilation of master mailing list)
- Managing segments in the preparation of Schedules of Assets and Liabilities and Statements of Financial Affairs
- Organizing and analyzing executory contracts for assumption / rejection
- Estimating and modeling claims for the Plan of Reorganization
- Facilitating claims through reconciliation, including matching filed claims to scheduled liabilities, evaluating claims, and preparing exhibits to objections
- Analyzing potential preferential recoveries
- Carrying out the claims distribution process
- Facilitating the follow through of requirements under Plan of Reorganization
Who you will be working with?
At A&M you will have the opportunity to work on some of the...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
To view full details and how to apply, please login or create a Job Seeker account