Turnaround & Restructuring - Side Director

Position: Turnaround & Restructuring - Company Side Director
At Alix Partners we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honouring the needs of our employees, clients, and communities, Alix Partners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices.

We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.
Alix Partners has embraced a hybrid work model to provide flexibility and support our employees' work-life integration. Our hybrid model combines a mix of in-person (at client site or Alix Partners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.
Our market leading Turnaround and Restructuring Services practice work on the highest profile and most complex restructurings across the globe. Our goal is to be involved in every major restructuring in the market in some way.
We support companies, investors and financial stakeholders in stressed and distressed situations by rapidly assessing financial and operational challenges and implementing practical turnaround and restructuring solutions. Working closely with management teams and stakeholders, we stabilise crisis situations, protect value and deliver optimal outcomes.
Our hands-on approach includes developing and executing strategies across cash management, business planning, stakeholder management and negotiation and operational improvement. Senior members of our team frequently take board and interim management roles (e.g. Chief Restructuring / Transformation Officer) to lead complex restructurings and turnarounds, often across multiple jurisdictions and stakeholder groups. In addition, our team of experts have hand-on finance leadership experience and often act as CFOs
What you'll do
We are looking for Directors who have an exceptional track record of achieving results for their clients in financial and operational restructuring situations, including driving improvements in finance teams. We are looking for experienced, smart, pragmatic, and results-focused individuals, who can operate on a range of UK based as well as international engagements. We are keen to attract people who can contribute to Alix Partners' reputation for driving positive change for the immediate and long-term success of our clients.

Directors are the future leaders of Alix Partners and will contribute to business generation efforts while driving commercially successful engagements in a 'hands-on', professional and energetic manner. They collaborate with colleagues across the world as well as engage with and promote the firm's broader capabilities.
What you'll need
Successful candidates will be able to demonstrate the following:

Relevant and hands-on project management experience in financial and / or operational restructuring gained in restructuring advisory, Big 4 environment (or equivalent), private equity, banking or industry.
University degree as well as a relevant post graduate qualification (e.g. Accounting).
Demonstrable experience in some of the following Company side stressed and distressed situations is essential:
Company side financial advisory roles
Managing senior groups of stakeholders (including ad-hoc lending groups, shareholder and boards) through distressed situations
Liquidity management
Distressed M&A processes
Operational turnarounds/restructuring
Business Plan development and modelling
Hands on support for financial teams including Treasury and FP&A support

Skills & Competencies

Strong financial analysis with a solid understanding of financial statements
Ability to build integrated three statement models from scratch
Experience in building and reviewing 13-week cash flows and managing liquidity
Expertise in reviewing and building business plans and business plan models
A track record of successfully managing senior stakeholders and…