Senior Associate / Manager - Financial and Operational Restructuring

Alvarez & Marsal France; Paris; On-site; EUR 90,000 - 140,000; Full time

Job summary

Alvarez & Marsal France is seeking a senior restructuring professional to join its Paris team. You will advise executives, investors, and stakeholders on distressed situations and help stabilize financial and operational performance across engagements.

The role emphasizes leading work streams, developing robust financial models (including 13-week forecasts and 3-statement models), and delivering practical, cross-border restructuring solutions for French and European clients.

Qualifications

• Strong academic background with experience in a Restructuring team at a leading consultancy firm or Big Four.
• Proven ability to lead work streams in restructuring projects within client engagements.
• Strong financial analysis skills and advanced experience in financial modelling (e.g., 13-week cash flow forecasts, 3-statement financial models).
• Native or fluent French & English is essential. Additional European languages are advantageous

Responsibilities

• Advise clients’ executives, investors, and stakeholders in distressed situations.
• Support companies under-performing or in liquidity crises.
• Stabilize financial and operational performance for management.
• Develop skills to adapt to rapidly changing situations and propose creative solutions.
• Conduct diagnostic assessments of issues, outlooks, and liquidity forecasting.
• Develop and implement restructuring plans and cash flow tools.
• Evaluate business plans and identify risks and opportunities.
• Build relationships with stakeholders in France and Europe.
• Support business development with client pitches and proposals.

Skills

Restructuring experience

Financial modelling

13-week cash flow

3-statement models

French English fluency

Job description

About Alvarez & Marsal

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

A&M’s Restructuring & Turnaround practice is the world’s largest and market-leading team in this field. The Paris-based team works closely with companies, investors, and creditors across France and Europe, providing innovative solutions to complex financial and operational challenges. This role offers the opportunity to work on high-impact, multi-stakeholder, and cross-border restructuring engagements, contributing to meaningful outcomes for clients.

How you will contribute

• Advise and implement alongside clients’ executives, investors, and stakeholders in distressed situations.


• Work with the team to offer critical support to companies that are under-performing or experiencing a full-blown liquidity crisis.


• Assist company management & help to stabilize financial and operational performance.


• Develop the skills to ascertain & understand a client’s rapidly changing situation and to enable creative and innovative solutions/options for the businesses and its stakeholders.


• Conduct diagnostic assessments of key issues, business outlooks, and liquidity forecasting.


• Develop and implement restructuring plans, integrated financial models, and short-term cash flow forecasting tools.


• Evaluate business plans and financial projections, identifying risks and opportunities.


• Build trusted relationships with key stakeholders in France and the European restructuring community.


• Support business development activities, including creating client pitches and proposals.

Examples of projects include

• Financial and Operational 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)

Qualifications

• Strong academic background with experience in a Restructuring team at a leading consultancy firm or Big Four.


• Proven ability to lead work streams in restructuring projects within client engagements.


• Strong financial analysis skills and advanced experience in financial modelling (e.g., 13-week cash flow forecasts, 3-statement financial models).


• Native or fluent French & English is essential. Additional European languages are advantageous

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