Director – Turnaround & Restructuring

Alvarez & Marsal France; Paris; On-site; EUR 180,000 - 260,000; Full time

Job summary

Alvarez & Marsal in Paris is seeking a Director in Turnaround & Restructuring to lead operational restructuring engagements and drive value for clients across Europe. You will work with senior client stakeholders and A&M leadership to execute performance improvements and drive sustainable change.

The role requires a track record of managing complex programs, strong analytical skills, and fluency in French and English.

Qualifications

• 10+ years of relevant experience in operational restructuring, management consulting, operations improvement, or turnaround management
• Strong experience advising companies in operational distress or underperformance situations
• Proven ability to manage complex stakeholder environments, including management teams and boards
• Deep operational, analytical, and problem-solving skillset with a focus on performance improvement
• Demonstrated leadership experience and ability to manage and develop teams
• Entrepreneurial mindset with strong commercial awareness
• Fluency in French and English (written and spoken)

Responsibilities

• Leading operational restructuring engagements for underperforming or stressed businesses
• Diagnosing operational inefficiencies and developing actionable improvement plans
• Redesigning organizational structures, processes, and governance to drive performance
• Implementing cost optimization and efficiency initiatives across functions and business units
• Supporting operational turnaround initiatives, including workforce realignment, supply chain optimization, and performance management enhancements
• Acting as a trusted advisor to management teams, boards, shareholders, and investors on operational strategy and transformation
• Overseeing performance metrics, operational modeling, and reporting to support informed decision-making
• Leading, mentoring, and developing project teams across multiple engagements
• Contributing to business development efforts, including proposals, pitches, and relationship building with key stakeholders

Skills

Operational restructuring

Leadership

Stakeholder management

Performance improvement

Team development

Business development

Job description

Director,Financial & Operational Restructuring (FOR)

Alvarez & Marsal

Paris

Director - Turnaround & Restructuring

Alvarez & Marsal | Paris, France

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with action- and results-oriented professionals in more than 40 countries. We take a hands-on approach to solving our clients' problems and helping them reach their full potential. Our culture celebrates independent thinkers and doers who create meaningful impact for clients and help shape the industry. Guided by our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity, A&M offers a collaborative environment and engaging work that our people are proud of.

The Team

A&M’s Turnaround & Restructuring team in Paris is a core part of the firm’s European restructuring platform. The team advises corporates, private equity sponsors, lenders, and other stakeholders across a wide range of stressed and distressed situations, from early-stage performance challenges to complex restructuring and turnaround mandates.

Professionals in the Paris team work on high-impact, time-critical engagements, often with senior-level stakeholders, and benefit from close collaboration with colleagues across Europe and globally. The team offers significant exposure to complex situations, strong professional development opportunities, and the ability to make a tangible difference for clients when it matters most.

How You Will Contribute

As a Director in the Turnaround & Restructuring practice, you will play a leadership role in delivering operational restructuring engagements and supporting the continued growth of the practice in France and across Europe. You will work closely with senior client stakeholders and A&M leadership to drive execution, improve operational performance, and create sustainable value.

Key responsibilities include:

• Leading operational restructuring engagements for underperforming or stressed businesses
• Diagnosing operational inefficiencies and developing actionable improvement plans
• Redesigning organizational structures, processes, and governance to drive performance
• Implementing cost optimization and efficiency initiatives across functions and business units
• Supporting operational turnaround initiatives, including workforce realignment, supply chain optimization, and performance management enhancements
• Acting as a trusted advisor to management teams, boards, shareholders, and investors on operational strategy and transformation
• Overseeing performance metrics, operational modeling, and reporting to support informed decision-making
• Leading, mentoring, and developing project teams across multiple engagements
• Contributing to business development efforts, including proposals, pitches, and relationship building with key stakeholders

Qualifications

• 10 + years of relevant experience in operational restructuring, management consulting, operations improvement, or turnaround management
• Strong experience advising companies in operational distress or underperformance situations
• Proven ability to manage complex stakeholder environments, including management teams and boards
• Deep operational, analytical, and problem-solving skillset with a focus on performance improvement
• Demonstrated leadership experience and ability to manage and develop teams
• Entrepreneurial mindset with strong commercial awareness
• Fluency in French and English (written and spoken)

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.