Senior Associate, Financial Restructuring

Senior Associate, Financial Restructuring

Alvarez & Marsal

London

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to activate change and achieve results.

Privately-held since 1983, A&M is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.

When action matters, find us at www.alvarezandmarsal.com.

The Opportunity

This is a fantastic opportunity to join Alvarez & Marsal’s established Financial Restructuring Advisory business.  Through our Restructuring practice, Alvarez & Marsal offers critical assistance to companies that are under-performing or experiencing a full-blown liquidity crisis.  Working directly with company management, Alvarez & Marsal helps stabilise financial and operational performance. Alvarez & Marsal's involvement reassures creditors that the company is taking important steps to address its problems and maximise its value.

We work with multi-national companies, high profile investment banks and leading Global and European private equity houses and their portfolio companies on a global basis.  We pride ourselves on listening to our clients, understanding their business and combining intelligent solutions implementation to preserve and generate value for our client’s businesses.  Our goal is to improve cashflow and EBITDA and to provide earnings benefits through hands-on involvement in our clients’ operations and transactions. Furthermore, our job is to support PE firms, bank syndicates and hedge funds to ensure their portfolio companies have credible plans and the ability to execute and deliver the financial results required. To this end, we are seeking talented, ambitious, entrepreneurial recruits who are interested in developing their careers in the turnaround and restructuring space.

Your main responsibilities will be to:

• Quickly understand challenging and rapidly changing situations to enable creative and innovative solutions/options for businesses and their stakeholders
• Work with Managing Directors, Senior Directors and Directors to deliver European and International client projects through the management of multiple work streams
• Support business development activities including the creation of client pitches and proposals to win new mandates

Examples of projects include:

• Financial and Operational Restructuring
• Debtor Restructuring
• Balance Sheet Restructuring
• Asset Sales
• Cash & liquidity management and forecasting
• Cross-border wind-downs
• Preparation and validation of business plans for company management teams
• Detailed contract reviews
• Independent business reviews
• Short term cash flow forecasting frameworks
• Stakeholder reporting on PMO cost saving initiatives
• Profit Improvement (Sales Improvement and Cost Reduction)

The ideal applicant must be:

• A qualified accountant (ACA, ACMA or ACCA) with a robust understanding of financial and analytical accounting (ratio analysis)
• Experienced in building integrated financial models and have strong Excel/PowerPoint skills
• Able to demonstrate experience of delivering complex projects
• Able to build on their existing skill set and develop knowledge of all restructuring offerings
• Experienced in working with operational and finance teams within large distressed organisations

Soft skills:

In addition to the skills and qualities detailed above, the desired candidate will also demonstrate the following attributes:

• Capacity to thrive in a fast-paced, challenging, and uncertain environment
• Strong facilitation skills, forging consensus around credible, executable solutions
• Excellent written and oral communications skills, confident and impactful presenter
• Objective, fact based approach to problem solving
• Driven by values and integrity, talks straight, builds confidence and leads by example.

Lifestyle and values

Attracted by our meritocratic culture and the opportunity to build a business with like-minded individuals, our people have joined A&M from senior roles in industry and commerce, the Big 4, top tier strategy houses, private equity firms, hedge funds and leading financial services institutions. A&M is an outcome focused business founded on the principles of objectivity, pragmatism and tangible and measurable success.

Our people have built their credentials through careers that combine experience in industry management and professional services. A&M has a proven track record of managing complex, high profile situations and delivery through world class expertise and excellence in execution. The culture of the business offers variety of skill, language, heritage and professional background and therefore is unique in terms of style and approach. Furthermore, the values of the business which include integrity and fun as well as just reward for great work comes to life when you become part of the team.

Voluntary Inclusion

It is Alvarez & Marsal’s policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.