Senior Associate, Restructuring

Senior Associate, Restructuring at Alvarez & Marsal 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. Description Restructuring Senior Associate, Detroit Office The Team As a Restructuring & Turnaround Senior Associate, you will have the opportunity to 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. How You Will Contribute You will be working 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. 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. Building and managing 13-week cash flow forecast. Building a liquidation analysis to address feasibility of Plan of Reorganization. Working 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. Working as a partner to our clients by building consultative relationships, you will develop an in‑depth understanding of the client’s processes, financial positions and key operational performance drivers to surface and address key issues, from the big picture to the smallest details. Relying on your ability to communicate and problem solve; you will present your analyses and insights to a variety of audiences. 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, and Word skills a must. 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 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%. 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‑notch 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. 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. Click here for more information regarding A&M’s benefits programs. The salary range is $160,000 - $175,000 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. Inclusive Diversity A&M’s entrepreneurial culture celebrates independent thinkers and doers who can 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 the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way. Equal Opportunity Employer It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here. Unsolicited Resumes from Third-Party Recruiters Please note that as per A&M policy, we do not accept unsolicited resumes from third‑party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. Seniority level Mid‑Senior level Employment type Full‑time Job function Other Industries Business Consulting and Services Referrals increase your chances of interviewing at Alvarez & Marsal by 2x. Get notified about new Senior Associate jobs in Troy, MI . #J-18808-Ljbffr Alvarez & Marsal