Associate, Operational Restructuring & Turnaround

Description

Associate, Operational Restructuring & Turnaround
Alvarez & Marsal
Milan

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 10,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

As the world’s largest Turnaround & Crisis management firm, with a market leading practice in Financial & Operational Restructuring (FOR), we are here to help & support our clients with the financial & operational impacts of Covid and the subsequent worldwide economic & inflationary pressures. Our Milan based FOR practice is led by our highly experienced & established Managing Directors and the team have earned an exceptional reputation for excellent work in Italy and across Europe.

This is a unique opportunity for an Associate to join an established & growing business and play an instrumental role in delivering exciting projects to clients. The successful candidate will work with experienced colleagues to deliver multi-stakeholder, multi-national and domestic restructuring advisory engagements.

Main Responsibilities:

• Advise companies, investors, lenders or any other stakeholders facing distressed situations; assess Group-level financial performance in addition to high-level studies of 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
• Develop trusted relationships with key stakeholders in the Italian and European Restructuring community through the delivery of value added client engagements
• Contribute to business development activities including the creation of client pitches and proposals to win new mandates

Associates at A&M will benefit from established formal and informal training programmes and mentorship. They will also be encouraged to internally network with our other service lines and work on external marketing events.

Requirements: 

• Strong academic background from an accredited top-tier university in accounting, business economics, management engineering or a similar discipline
• 2-4 years of relevant experience in Consulting or Big 4 environment (previous full time work or part-time/internship experience)
• The ability to demonstrate experience contributing to restructuring projects that can include; independent business reviews, short term cash flow assessments, capital structure analysis and lender restructuring options analysis
• Expertise and aptitude to conduct quantitative and qualitative analyses, particularly in constructing integrated financial models, analysing financial under-performance and related services
• Fluency in Italian and English (additional European languages are also desirable)

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.