at Alvarez & Marsal North America, LLC in Chicago, Illinois, United States
Job Description
Description
Restructuring Director, Alvarez & Marsal Chicago Office
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 Association's (TMA's) 2023 Large Company Turnaround Transaction of the year - CHC Helicopter; TMA's 2022 Mid-Size Company Turnaround of the Year - Frontera Holdings; TMA's 2022 Midwest Large Company Turnaround of the Year - Valaris; TMA's 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.
As a Restructuring Director, you will have the opportunity to 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.
What will you be doing?
You will be leading a team overseeing a diverse range of projects involving turnaround management, restructuring, performance improvement and corporate advisory services, helping underperforming businesses navigate their restructuring process and creating a lasting positive impact on organizations.
We advise on every aspect of the restructuring process - from the strategy to cash conservation/liquidity management, to business plan development and implementation - providing you with a wide range of experiences and projects. You will be leading a team across all phases and aspects of financial and operational restructuring and turnaround initiatives, for companies both in and out of bankruptcy or fiscal distress. You will oversee stabilizing core operations by formulating and managing turnaround plans and negotiating with senior management and other key stakeholders. Working day-to-day alongside our clients, you will develop an in-depth understanding of the client's processes, financial position and key operational performance drivers. This understanding is needed in order to create and implement successful restructuring and turnaround initiatives.
Your key responsibilities will include:
- Developing and executing restructuring and turnaround plans to improve an organization's overall performance and enterprise value.
- Providing day to day team management to ensure plans, budgets, and schedules are adhered to.
- Acting as the point of contact for certain assigned workstreams within a client engagement.
- Performing and overseeing analysis on company business plans.
- Reviewing and presenting 13-week Cash Flow and 3 Statement Financial models to clients.
- Leading clients through various processes, including making working capital improvements, bankruptcy preparation, liquidation analysis, credit agreement negotiations, and claims processing.
- Assessing key business operational performance drivers.
- Developing and sensitizing business plans to aid management.
- Developing and reviewing cost reduction initiatives and execution milestones.
- Reviewing bankruptcy plans, strategies,...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
