Director, Restructuring

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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. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

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 lead 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.

• 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 work streams 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, disclosure statements and 363 Sales processes.
• Implementing cash conservation guidelines and controls.
• Training, mentoring and performance evaluation of junior staff.

• At least 10+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus, 5+ years of which is direct restructuring experience.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related analytical and quantitative fields.
• Understanding of the fundamental aspects of a Chapter 11 proceeding.
• Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), or Chartered Financial Analyst (CFA) preferred.
• Advanced Microsoft Excel, PowerPoint and Word skills are a must.
• Ability to identify key operational performance drivers, cash flow forecasting, and flexibility to support clients with a broad array of issues.
• Prior proven experience leading and managing work streams and mentoring junior staff.
• Proven understanding of financial modeling and analysis.
• Demonstrated experience in developing a business plan.
• Excellent organizational and problem‑solving skills.
• Excellent verbal and written skills, with the ability to communicate with all levels of client personnel.
• Team player who can excel in a…