Restructuring & Turnaround Senior Associate

Alvarez & Marsal; New York (NY); On-site; USD 160,000 - 185,000; Full time

Job summary

Alvarez & Marsal New York is seeking a Restructuring Senior Associate to join our New York Office. You will work with clients across industries to navigate restructuring challenges and create value under pressure.

The role focuses on cash forecasting, 13-week models, plan of reorganization analysis, and developing long-term business plans while mentoring junior staff and coordinating with creditors and management.

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.
• 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.
• Willingness to travel 100%.

Responsibilities

• Build 13-week cash flow forecast.
• Build a liquidation analysis to address feasibility of Plan of Reorganization.
• Work 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.

Skills

Analytical skills

Problem-solving

Communication skills

Team player

Education

BA/BS or MBA/MS in Accounting/Finance

Tools

Microsoft Word

Microsoft PowerPoint

Job description

Alvarez & Marsal New York is seeking a Restructuring Senior Associate to join our New York Office. You will work with clients across industries to navigate restructuring challenges and create value under pressure.

The role focuses on cash forecasting, 13-week models, plan of reorganization analysis, and developing long-term business plans while mentoring junior staff and coordinating with creditors and management.