Senior Associate, Restructuring

Alvarez & Marsal; Houston (TX); On-site; USD 160,000 - 175,000; Full time

Benefits offered by this job

Healthcare plans

401(k) retirement plan

Paid time off

Job summary

Alvarez & Marsal in Houston is seeking a Restructuring Senior Associate to lead complex turnaround initiatives, building cash flow forecasts and 13-week models while developing strategic client plans across industries.

The role requires 6+ years in restructuring or related fields, advanced financial modeling, and strong communication. Travel 100% is expected; you will mentor junior staff and contribute to firm initiatives.

Qualifications

• At least 6+ years in corporate restructuring, investment or banking or consulting or related finance roles.
• 4+ years of direct restructuring experience.
• BA/BS and/or MBA/MS in Accounting, Finance, or related analytical fields.

Responsibilities

• Build and manage 13-week cash flow forecasts.
• Build liquidation analyses to assess feasibility of Plans of Reorganization.
• Develop long-term business plans, track performance, manage working capital, and implement cost reduction initiatives.
• Implement cash conservation strategies and controls.
• Develop pre-bankruptcy plans and assist with bankruptcy case administration, including handling creditor constituents and preparing bankruptcy documents.
• Support marketing initiatives by assisting with the pitch preparation process.
• Lead a work stream within a project and coach and mentor junior resources.

Skills

Financial modeling

Communication

Project management

Team collaboration

Problem solving

Education

BA/BS degree in Accounting, Finance, or related fields

MBA/MS in Accounting, Finance, or related fields

Tools

PowerPoint

Word

Excel

Job description

Overview

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 professionals in over 40 countries. We take a hands-on approach to solving clients’ problems and helping them reach their potential. Our culture celebrates independent thinkers and doers who positively impact clients and the industry. Our collaborative environment and engaging work are guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity.

Position

Restructuring Senior Associate, Alvarez & Marsal – Houston Office

The Team

As a Restructuring & Turnaround Senior Associate, you will work alongside professionals recognized as authorities across industries. Guided by experienced restructuring practitioners, you will drive changes that preserve and create value, impacting the world’s most recognized organizations and their people.

How You Will Contribute

You will work closely with companies across various industries to help underperforming businesses navigate their restructuring process and create a lasting positive impact on the organization.

Responsibilities and Projects

• Building and managing 13-week cash flow forecasts.
• Building liquidation analyses to address feasibility of Plans of Reorganization.
• Working with clients to create long-term business plans, track and manage performance, manage working capital, and implement cost reduction initiatives.
• Implementing cash conservation strategies and controls.
• Developing pre-bankruptcy plans and assisting with bankruptcy case administration, including handling 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.

Qualifications

• At least 6+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate roles with a financial or accounting focus; 4+ years of direct restructuring experience.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or related analytical fields.
• Advanced Microsoft Office skills (especially PowerPoint and Word).
• Professional certifications such as CTP, CIRA, CPA, CFA, or progress toward such certifications preferred.
• Understanding of the fundamental aspects of Chapter 11 proceedings.
• Advanced financial modeling experience, including 13-week cash flow forecasts and 3-statement models with limited oversight.
• Excellent organizational and problem-solving skills; strong verbal and written communication with all levels of client personnel.
• Commitment to living A&M’s values: integrity, leadership, objectivity, inclusive diversity, and fun.
• Team player able to thrive in a fast-paced, entrepreneurial environment.
• Willingness to travel 100%.

Your journey at A&M

We prioritize an employee experience that fosters professional and personal development through a robust performance process, ongoing training, and on-the-job learning opportunities. We emphasize well-being with comprehensive benefits and resources to support your personal journey. Our culture combines growth opportunities, entrepreneurial spirit, and collaborative teamwork.

Benefits and Compensation

Regular employees working 30+ hours per week are eligible for Alvarez & Marsal Holdings’ fringe benefits, including healthcare plans, flexible spending and savings accounts, life, AD&D, disability coverages, and a 401(k) retirement plan with discretionary employer contributions where eligible. Paid time off includes vacation, personal days, 72 hours of sick time (prorated for part-time), 10 federal holidays, one floating holiday, and parental leave. Vacation and personal days vary by tenure and role. Salary range: $160,000–$175,000 annually, dependent on qualifications. A discretionary bonus program is offered based on individual and firm performance. Please consult your recruiter for details.