Description Restructuring Associate, Alvarez & Marsal Toronto Office The Team As a Restructuring & Turnaround 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 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 and/or MBA/MS in Accounting, Finance, or other related analytical fields.
- Advanced Microsoft, PowerPoint, and Word skills a must.
- Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications preferred.
- Understanding of the fundamental aspects of Chapter 11 proceedings.
- Advanced level of experience in financial modeling with ability to build 13-week cash flow forecast and 3-statement financial models with limited oversight.
- Excellent organizational and problem-solving skills.
- Excellent verbal and written skills, with the ability to communicate with all levels of client personnel.
- Commitment to living A&M's cultural values: integrity, leadership, objectivity, inclusive diversity, and fun.
- Team player who can excel in a fast-paced, entrepreneurial, challenging work environment.
- Willingness to travel 100%.
Your journey at A&M We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
The salary range is $125,000 - $140,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
This posting is for a newly created position.
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