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Senior Associate, Finance and Business Operations

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Location: New York, NY, United States
Date Posted: Sep 6, 2024

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Description

Alvarez & Marsal Transaction Advisory Group  

Senior Associate, Finance and Business Operations    

Alvarez & Marsal (“A&M”) is a global consulting firm with more than $3+ billion in revenues, over 9,000 staff and 80+ offices around the globe and a broad range of professional services including Transaction Advisory, Private Equity Performance Improvement, Financial & Operational Restructuring, Debt Advisory, Corporate Transformation, Financial Institutions Advisory, Tax, Valuations and Disputes and Investigation Services.

Companies & Investors around the world turn to Alvarez & Marsal (A&M) for leadership, action, and results.

A&M’s Global Transaction Advisory Group (“TAG”) is the largest transaction advisory practice outside the Big 4 audit firms. Our award-winning practice includes over 450 professionals in 25 offices across the U.S., Europe, Latin America, and Asia Pacific. We are an established and highly active Transaction Advisory practice working for premium clients on high profile deals, large and mid-cap private equity, fast growth premium small cap deals, multinational corporates, and LBO’s. We are completely free from audit conflicts.

Responsibilities:

  • Assist CFO in preparing annual budget and mid-year forecasts, while working with Corporate team to understand non-discretionary budget items
  • Creating monthly financial reports, gathering explanations for variances and delivering consolidated reports on an accurate and timely basis
  • Identify drivers of results and suggest creative solutions to improve performance
  • Support CFO with annual year-end compensation process
  • Assist finance operations team with conversion of existing databases and excel-based reporting to more efficient and automated tools
  • Identify financial and operational KPIs and develops dashboards to drive accountability for performance throughout the firm
  • Collect, analyze, and present a wide array of company-level information for various audiences including senior leadership and key stakeholders
  • Tracking financial / cashflow progress and near-term expectations on group, Managing Director and engagement level
  • Review, analyze and report local and national overhead spend vs budget and prior year while coordinating with various function leads to understand current state and revise forecasts
  • Develop checks and balances to ensure activities are being conducted in line with expectations
  • Monitor accuracy and timeliness of client billing, collections of receivables, and support year- end collection activities
  • Ad-hoc reporting and in-depth reviews (e.g. project profitability reviews)
  • Work with client teams on special projects and ad hoc reporting needs
  • Continuously work to improve financial reporting and processes
  • Develop and maintain effective working relationships with key stakeholders, including those in the finance organization as well as the business unit (both client service and operations professionals)
  • Be responsible for the co-ordination of leadership meeting support material and applying due care to ensure it is accurate
  • Support the organization and meeting material creation for team meetings and off-sites

Qualifications:

  • Degree in Finance, Accounting, or Business
  • 2-6 years of relevant business experience in Accounting, Financial Planning & Analysis, Operations or similar area
  • A strong financial competency overall is essential
  • Strong attention to detail
  • Initiative and sound judgment to make appropriate and timely decisions
  • Ability to understand and articulate financial impact or business decisions
  • Excellent verbal and written communication skills
  • Advanced knowledge in Excel; PowerBI knowledge a plus
  • Positive attitude and capacity to thrive in a fast-paced, challenging, and changing environment
  • Must be able to multi-task, to work under pressure and meet tight deadlines
  • Able to work independently or with a team
  • Passionate about perfect execution and detail-oriented
  • Strong organization and communication skills
  • Demonstrated ability to manage multiple priorities
  • Desire to develop into more senior finance or ops roles
  • Self-starter; “Let’s Get it Done” attitude - willing to pitch in where needed

The base salary range is $115,000 - $125,000 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.

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 from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M’s benefits programs.

Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them. 

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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.

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