Restructuring & Turnaround Senior Associate

Alvarez & Marsal; Los Angeles (CA); On-site; USD 160,000 - 185,000; Full time

Job summary

Alvarez & Marsal in Los Angeles seeks a Senior Associate in Restructuring & Turnaround to drive critical changes across industries. You will develop cash forecasts, financial models, and strategic plans while leading work streams and mentoring junior staff.

The role requires 6+ years in restructuring or related fields, strong communication, and a track record of client delivery in fast-paced environments. Travel 100% is expected.

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 CTP, CIRA, CPA, 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%.

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.
• Relying on your ability to communicate and problem solve; you will present analyses to diverse audiences.

Skills

Corporate restructuring

Investment banking

Consulting

Financial modeling

Cash flow forecasting

13-week cash flow forecast

Verbal & written communication

Team collaboration

Travel readiness

Education

BA/BS in Accounting or Finance

MBA/MS in Accounting or Finance

CPA/CFA/CIRA/CTP preferred

Tools

Microsoft Excel

PowerPoint

Word

Job description

Alvarez & Marsal in Los Angeles seeks a Senior Associate in Restructuring & Turnaround to drive critical changes across industries. You will develop cash forecasts, financial models, and strategic plans while leading work streams and mentoring junior staff.

The role requires 6+ years in restructuring or related fields, strong communication, and a track record of client delivery in fast-paced environments. Travel 100% is expected.