Associate, Restructuring

Alvarez & Marsal; Toronto; On-site; CAD 125,000 - 140,000; Full time

Job summary

Alvarez & Marsal is seeking a Restructuring & Turnaround Associate in Toronto to work with senior professionals on complex restructurings across industries. You will develop 13-week cash forecasts, build 3-statement financial models, and contribute to ongoing planning and cost-reduction initiatives.

The role requires deep financial acumen, strong communication, and the ability to travel up to 100% as needed.

Qualifications

• BA/BS or MBA/MS in Accounting, Finance or related analytical field.
• Strong financial modeling, including 13-week cash flow and 3-statement models.
• Advanced Excel, PowerPoint and Word skills expected.

Responsibilities

• Build and manage 13-week cash flow forecast.
• Develop liquidation analyses and Plan of Reorganization feasibility.
• Create long-term business plans to improve performance and working capital.
• Implement cash conservation strategies and controls.
• Assist with bankruptcy case administration and creditor communications.
• Support marketing through pitch preparation.
• Lead work streams and mentor junior resources.

Skills

Financial modeling

Cash flow forecasting

3-statement models

Communication

Team leadership

Problem solving

Willingness to travel

Education

BA/BS or MBA/MS in Accounting or Finance

Tools

Microsoft Office

PowerPoint

Word

Job description

Restructuring Associate, Toronto

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results‑oriented professionals in more than 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

As a Restructuring & Turnaround Associate, you will 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 work 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.

Key Responsibilities

• 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.

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.

A&M is committed to providing an accessible recruitment process that meets our obligations under the Ontario Human Rights Code, the Accessibility for Ontarians with Disabilities Act, 2005 and any other applicable legislation. We strive to maintain a strong and dynamic workforce that fosters respect and inclusivity for applicants of all abilities. Should you have any accessibility need(s) and/or require accommodation during the recruitment process, please notify Human Resources at [e-mail] and we would be pleased to assist you.