Senior Associate, Restructuring

Alvarez & Marsal; Scottsdale (AZ); On-site; USD 160,000 - 185,000; Full time

Benefits offered by this job

Healthcare plans

401(k) retirement savings plan

Paid time off and holidays

Discretionary bonus program

Job summary

Alvarez & Marsal (A&M) is seeking a Restructuring Senior Associate in Scottsdale to partner with senior professionals across industries and drive value through restructuring and turnaround initiatives.

You will manage cash forecasts, develop business plans, and assist with bankruptcy-related activities while mentoring junior staff in a fast-paced, entrepreneurial environment. This role requires travel and a strong analytic mindset.

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 and/or MBA/MS in Accounting, Finance, or related analytical fields.
• Advanced Microsoft PowerPoint, Excel, and Word skills required.
• 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 the 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.
• Willingness to travel 100%.

Responsibilities

• Build and manage 13‑week cash flow forecast.
• Build a liquidation analysis to address feasibility of Plan of Reorganization.
• Work with the client to create a long‑term business plan to track performance, manage working capital, and drive cost reductions.
• Implement cash conservation strategy and controls.
• Develop pre‑bankruptcy plans and assist with bankruptcy case administration, creditor communications, and docs.
• Support marketing with pitch materials.
• Lead a work stream and mentor junior resources.

Skills

6+ years experience

Excellent verbal and written skills

Team player

Willingness to travel

Education

BA/BS or MBA/MS in Accounting/Finance

Professional certifications (CTP/CIRA/CPA/CFA) or progress toward

Tools

PowerPoint

Excel

Word

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.

Restructuring Senior Associate, Scottsdale Office

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

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

Skills

We advise on every aspect of the restructuring process— from the strategy, to cash conservation/liquidity management, to business plan development and implementation—providing you with a wide range of experiences and projects. Leveraging your resourcefulness and independent judgment, you will help develop solutions to critical problems to improve an organization’s overall performance and enterprise value by developing and executing restructuring and turnaround plans. You will apply your analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement.

Your involvement with these projects will typically include:

• Building and managing 13‑week cash flow forecast.
• Building a liquidation analysis to address feasibility of Plan of Reorganization.
• Working with the 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, 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.

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, Excel, and Word skills required.
• Professional certifications such as Certified Turnaround Professional (CTP), Certified Insolvency and Restructuring Advisor (CIRA), Certified Public Accountant (CPA), Chartered Financial Analyst (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 the 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%.

Benefits

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 periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan 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. The salary range is $160,000 - $185,000 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.

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‑note 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 passionate professionals.