Senior Associate: Operations Group/Transformation Services

Alvarez & Marsal Deutschland GmbH; Morristown (NJ); On-site; USD 100,000 - 170,000; Full time

Job summary

An established industry player is seeking a Senior Associate for its Transformation Services team. This role offers the chance to work with private equity firms, focusing on enhancing operational efficiency and driving cost reductions. You will be part of a dynamic team, leveraging your analytical skills to identify high-impact opportunities for improvement. With a commitment to professional development and leadership training, this position promises significant career advancement in a supportive environment. If you're ready to take on complex business challenges and make a tangible impact, this opportunity is perfect for you.

Benefits

Healthcare Plans

401(k) Retirement Plan

Paid Time Off

Flexible Spending Accounts

Disability Coverage

Life Insurance

Parental Leave

Vacation Days

Sick Time

Floating Holiday

Qualifications

• 4-7+ years of consulting or industry experience in cost reduction.
• Experience in operational efficiency and process improvement.

Responsibilities

• Identify and implement cost reduction programs for clients.
• Develop strategic recommendations based on data insights.

Skills

Data Analysis

Cost Reduction Strategies

Operational Efficiency

Process Improvement

Margin Management

Sales & Operations Planning

Education

Bachelor's Degree

Master's Degree

Job description

Senior Associate: Operations Group/Transformation Services

Location: Morristown, NJ, United States
Date Posted: Feb 20, 2025

Alvarez & Marsal Private Equity Performance Improvement

Senior Associate: Operations Group/Transformation Services

(OPEN TO ALL U.S. LOCATIONS)

Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Private Equity Performance Improvement (PEPI) – Transformation Services (TS) team in various locations throughout the U.S. With more than 10,000 professionals across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M’s Private Equity Performance Improvement Services (PEPI) practice focuses on serving private equity firms by improving operating results at their portfolio companies.

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our PEPI services include:

• Transformation Services
• Interim Management
• M&A Services
• Supply Chain
• CFO Services

A&M PEPI’s Transformation Services is a holistic, cross-functional approach that focuses on quickly identifying high impact opportunities for EBITDA and cash flow improvements across the entire organization. TS is a growing business targeting high growth in the next 2-4 years. We offer excellent opportunities for career advancement and building leadership skills. The TS leadership team is focused on providing career development, training and exposure to international business assignments.

Professional experience:

• Synthesizing meaningful insights from data, opinions or facts.
• Identifying opportunities to significantly reduce cost structure by changing business leadership structure, sales and sales support staffing levels, business unit and functional management structure, and improvements to efficiency of all major back-office functions.
• Implementing programs to reduce cost structure, including changes to roles and responsibilities, implementation of supporting processes, and execution of workforce reductions.
• Developing findings and making strategic recommendations.
• Hands-on experience through consulting projects or engagement in at least one of the following areas:
  • Margin management, pricing, product rationalization
  • Sales & operations planning
  • Sourcing and global supply chain
  • Organizational structure and effectiveness
  • Non-labor cost efficiency
  • Process improvement and performance management metrics / KPIs
  • SG&A cost reduction
  • Working capital and cash management

Qualifications:

• 4-7+ years of professional industry or consulting experience implementing operating expense cost reduction programs.
• Depth in a particular industry vertical a PLUS (e.g., industrial, business services, distribution, consumer products and retail)

The salary range is $100,000-$170,000 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.

Full-time Positions and Part-time Positions Over 30 hours

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k)-retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type.

For more information regarding A&M’s benefits programs click here:

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