Turnaround & Restructuring Director

Alvarez & Marsal; Troy (MI); On-site; USD 200,000 - 225,000; Full time

Benefits offered by this job

401(k) retirement plan

Healthcare plans

Paid time off (vacation, personal days

Sick leave

Job summary

Alvarez & Marsal seeks a seasoned Restructuring Director to lead multi‑project turnaround and corporate advisory engagements in the United States. You will manage teams, supervise cash flow analyses, and guide clients through bankruptcy readiness and liquidity strategies.

You will develop business plans, optimize working capital, and mentor junior staff while collaborating with senior leaders. A background in finance, strong communication, and a willingness to travel are essential.

Qualifications

• 10+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus, 5+ years of which is direct restructuring experience.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or related analytical fields.
• Understanding of the fundamental aspects of a Chapter 11 proceeding.
• Professional certifications such as CTP, CIRA, CPA, or CFA preferred.
• Advanced Microsoft Excel, PowerPoint and Word skills are a must.
• Ability to identify key operational performance drivers, cash flow forecasting, and flexibility to support clients with a broad array of issues.
• Proven experience leading and managing work streams and mentoring junior staff.
• Proven understanding of financial modeling and analysis.
• Demonstrated experience in developing a business plan.
• Excellent organizational and problem-solving skills.
• Excellent verbal and written skills, with the ability to communicate with all levels of client personnel.
• Team player who can excel in a fast-paced environment.
• Ability to establish credibility and influence clients.
• Commitment to living Alvarez & Marsal’s values: integrity, leadership, objectivity, inclusive diversity and fun.
• Willingness to travel 100%.

Responsibilities

• Developing and executing restructuring and turnaround plans to improve an organization’s overall performance and enterprise value.
• Providing day to day team management to ensure plans, budgets, and schedules are adhered to.
• Acting as the point of contact for certain assigned workstreams within a client engagement.
• Performing and overseeing analysis on company business plans.
• Reviewing and presenting 13-week Cash Flow and 3 Statement Financial models to clients.
• Leading clients through various processes, including working capital improvements, bankruptcy preparation, liquidation analysis, credit agreement negotiations, and claims processing.
• Assessing key business operational performance drivers.
• Developing and sensitizing business plans to aid management.
• Developing and reviewing cost reduction initiatives and milestones.
• Reviewing bankruptcy plans, strategies, disclosure statements and 363 Sales processes.
• Implementing cash conservation guidelines and controls.
• Training, mentoring and performance evaluation of junior staff.

Skills

Corporate restructuring

Financial modeling

Team leadership

Stakeholder communication

Education

BA/BS degree

MBA/MS in Finance or related

Tools

Excel

PowerPoint

Word

Job description

Alvarez & Marsal seeks a seasoned Restructuring Director to lead multi‑project turnaround and corporate advisory engagements in the United States. You will manage teams, supervise cash flow analyses, and guide clients through bankruptcy readiness and liquidity strategies.

You will develop business plans, optimize working capital, and mentor junior staff while collaborating with senior leaders. A background in finance, strong communication, and a willingness to travel are essential.