Senior Associate / Manager , Financial & Operational Restructuring (FOR)
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Location: Paris, France
Date Posted: Jun 28, 2024
Description
Senior Associate / Manager - Financial & Operational Restructuring (FOR)
Paris
Alvarez & Marsal (“A&M”) is a global consulting firm with more than $2.3 + billion in revenues, 9,000+ staff, and almost 80 offices around the globe. We offer a broad range of professional services including Financial & Operational Restructuring, Debt Advisory, Transaction Advisory, Performance Improvement, Corporate Transformation, Financial Institutions Advisory, Tax, Valuations and Disputes and Investigation Services.
A&M’s established European Financial & Operational Restructuring practice advises companies, investors, lenders and secured creditor 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.
Our Paris-based Financial & Operational Restructuring practice (FOR) is lead by two highly experienced & established Managing Directors and the team have earned an exceptional reputation for excellent work. They are highly active in France & across Europe and due to continued growth we are recruiting a talented individual to join this expanding team at Senior Associate level. The successful candidate will have the opportunity to build a career in advisory with the leading global name in Restructuring.
We welcome applications from individuals currently pursuing careers in Big 4 firms or boutique advisory/strategy houses who are looking to develop their career in Restructuring at a fast pace by working for an independent specialist firm with a global reputation.
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 assessment 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 French and European Restructuring community through the delivery of value-added client engagements
Gain ‘on the job’ learning & development in addition to established formal training programmes
The person:
A strong financial skill set including an understanding of P&L and asset efficiency (working capital) drivers and performance improvement processes, business plan review and development, cash position assessment, financial projections development, designing and implementing cash conservation guidelines and controls
Experience conducting quantitative and qualitative analyses combined with exposure to constructing integrated financial models and analysing financial underperformance
Ability to build relationships within a team and with clients
A high grade Bachelor’s degree from a top “Grande Ecole” university
Native French & fluent English is essential. Additional European languages are advantageous
The ideal applicant could possess:
A financial modelling skill set including the ability to build 13 week cash flow models, integrated financial models, business plan modelling, assess long-term company viability, as well as understanding and applying valuation methods in a restructuring context
Experience in Restructuring / Turnaround at a ‘Big 4’ firm, a leading Advisory or strategy firm or as an employee of a company that has been through a restructuring
Demonstrable experience of involvement in complex projects and stakeholder management skills
Fluency in an additional European language is highly desirable
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.
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
Employee Benefits - Our comprehensive benefits package is best-in-class for one reason: our commitment to our people.
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. No matter your gender, experience or walk of life, at A&M, 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.
A&M
The regulatory changes impacting audit practices across Europe have had a significant effect on the Restructuring practices of the Big 4 accounting firms leading to divestures and change previously unthinkable. These changes have created a huge opportunity for growth and A&M has expanded its Restructuring practice significantly across Europe since 2017. As a business we have grown over 30% every year and this has created exceptional career opportunities for our employees.
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.
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.
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 and in alignment with our Inclusive Diversity values. 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.
