Senior Associate, Restructuring Unsecured Creditors Committee

Description

Restructuring Senior Associate, Alvarez & Marsal Unsecured Creditor Committee Practice

About Alvarez & Marsal

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.

The Team

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.  iHeart and Gibson Brands) have earned us multiple industry awards such as:
Turnaround Management Association's (TMA's) 2019 Turnaround of the Year:
International Company - Seadrill Limited; TMA's - 2019 Transaction of the Year:
Mid-Size Company - Gibson Brands, Inc. and 2018 Transaction of the Year:
Large Company - Performance Sports Group Ltd.

As a Restructuring & Turnaround Senior Associate, 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.

How you will contribute

You will be working 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.

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. Leveraging your resourcefulness and independent judgment, you will help develop solutions to critical problems to improve an organization's overall performance and enterprise value by developing and executing restructuring and turnaround plans.

You will be applying your analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement. Your involvement with these projects will typically include:

* Building and managing 13-week cash flow forecast.

* Building a liquidation analysis to address feasibility of Plan of Reorganization.

* Working with client to create a long-term business plan in order to track and manage business performance, manage working capital, and implement cost reduction initiatives.

* Implementing cash conservation strategy and controls.

* Developing pre-bankruptcy plans and assisting with bankruptcy case administration, which includes supporting the handling of creditor constituents and preparing bankruptcy documents.

* Supporting marketing initiatives by assisting with the pitch preparation process.

* Leading a work stream within a project and coaching and mentoring junior resources.

Working as a partner to our clients by building consultative relationships, you will develop an in-depth understanding of the client's processes, financial positions and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details. Relying on your ability to communicate and problem solve, you will present your analyses and insights to a variety of audiences.

At A&M you will have the opportunity to work on the most disruptive restructuring and turnaround projects in the industry and the world.  You will be working alongside senior management and a team of experienced A&M professionals from a variety of backgrounds that bring a wealth of industry depth and knowledge. Relying on your ability to effectively handle pressure in stressful situations and prioritize multiple work streams, you will work in a fast paced, deeply collaborative team environment.

You will 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…