Description
Associate, Financial & Operational Restructuring (FOR)
Alvarez & Marsal
London
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—is why our people love working at A&M.
A&M’s Financial & Operational Restructuring team is growing across Europe, and we are currently hiring at Associate level. The successful candidate will have the opportunity to build a career in advisory with the leading global name in restructuring and to help & support our clients with the financial implications of the rapidly changing global environment and the economic headwinds, geopolitical disruption, and market volatility emerging from it.
Working directly with company boards and management teams on behalf of our clients, A&M stabilises crisis situations, drives agreement between stakeholders and creates a stable platform to drive growth.
The person:
- Strong academic track record that may include a professional qualification (ACA, ACCA or equivalent)
- Experience conducting quantitative and qualitative analyses combined with exposure to constructing integrated financial models and analysing financial underperformance is useful
- This could include experience in restructuring, audit, consulting, or mergers & acquisitions at an accountancy firm, a leading advisory firm or as an employee of a company that has been through a restructuring
- We welcome applications from those with a strong interest in and enthusiasm for restructuring who are looking to make the switch to build a career in the field
- Ability to build relationships within a team and with clients
The role:
A&M’s established European Financial & Operational Restructuring practice advises companies, investors and lender groups in complex restructuring processes to evaluate the risks and opportunities of a company’s business plan, manage short term liquidity pressure, stabilise financial and operational performance, assess restructuring options, be the lead financial advisor through a restructuring transaction and implement comprehensive profitability, working capital improvements and restructuring solutions in order to maximize outcomes for our clients.
In this role, you will work across turnaround, operational restructuring, and financial restructuring. As part of a select and highly skilled team, you will have the opportunity to:
- Advise companies, investors, lenders or any other stakeholders facing distressed situations; assess Group-level financial & operational performance in addition to the financial viability of subsidiary companies
- Conduct Independent Business Reviews, initial diagnostic assessments of liquidity, key business issues and outlook, appraisal of options & contingency planning and cash flow assessments
- Evaluate business plans and financial projections, including assessments of risks and opportunities - contribute to performance monitoring following business plan implementation
- Work closely with company management to deliver high profile operational restructuring projects at company site including supporting interim management positions
- Develop trusted relationships with key stakeholders in the UK and European Restructuring community through the delivery of value-added client engagements
Examples of projects include:
- Financial and Operational Restructuring
- Corporate Turnaround projects
- Balance Sheet Restructuring
- Restructuring options review
- Being lead financial restructuring advisor
- Cash & liquidity management and forecasting
- Cross-border wind-downs
- Preparation and validation of business plans for company management teams
- Independent business reviews
- Stakeholder reporting on PMO cost saving initiatives
A&M’s employee resource groups support you through all stages of your professional development and connect you with others to make great things happen. Your rich and diverse perspectives are valued. Here, diversity is celebrated and the vast talents that our employee pool around the world brings is what makes A&M an inclusive place.
Diversity & Inclusion
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.