AlixPartners delivers a suite of integrated offerings to support our clients in achieving their business strategy. Our Turnaround & Restructuring Services community advises and/or provides interim management services to underperforming companies or in the representation of their creditor constituents.
With a team of the most respected turnaround professionals in the industry, AlixPartners is widely recognized for its long and successful record in helping companies resolve urgent situations and implement rapid change.
Our professionals share a practical, results-oriented mind-set in which failure is not an option. We work side by side with both management teams and stakeholders to provide a broad range of services to companies and other constituents facing strategic, financial, and operational challenges. Our engagements vary in size and complexity from mid-market to very large cross-border situations. Amongst a very broad line of other services, we serve as the restructuring advisor and/or interim management for insolvencies, bankruptcies, and restructuring cases across a wide range of industries across the globe.
Job Description and Requirements
The TRS Director role is an experienced senior level position that leads and manages client engagement team(s). A TRS Director will have direct restructuring advisory experience with top tier consulting firms and/or CEO/CFO experience with a large global organization(s) that underwent a major restructuring. TRS Directors have strong financial and analytical skills and are able to quickly define, align, and scale the data gathering and assessment based on client needs. Strong interpersonal, and communication skills and executive presence is essential with the ability to lead clients and engagement teams through challenging in-and-out of court turnaround and restructuring situations. Ability and willingness to undertake extensive travel is required. At times, long hours during the week and on weekends, due to client demands, may be necessary.
Directors in Turnaround & Restructuring Services at AlixPartners, LLP typically have:
Minimum 10-15 years of relevant restructuring / distressed experience in a professional service or consulting firm environment.
Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13 week cash flow models.
Analytical, adept at quickly defining, aligning, scaling, and assessing data modeling with the client needs. Ensures 80/20 approach to rapidly draw conclusions. Skilled and quickly identifying anomalies, inconsistencies, errors and conclusions.
Consistent track record of successfully structuring and leading client engagements that achieved desired results, often times exceeding client expectations.
High energy style, flexible and adaptive, with the ability to work well in a very fast paced environment.
Understanding and the ability to adapt to complex client environments and situations.
Expertise defining, communicating, motivating and driving change at executive levels and across the broader community of stakeholders.
Exceptional negotiation skills with complex/sophisticated situations involving senior level stakeholders.
Able to develop credible recommendations under shortened time constraints and imperfect information.
A ‘big picture point of view’, recognizing critical areas requiring analysis and review. Quickly structures approaches to solve complex problems. Balanced and flexible, anticipates and changes direction as necessary.
Experience synthesizing complex unstructured information rapidly and applies good business judgment driving quickly to deep insights into possible impacts and solutions.
Are Thought Leaders and have experience delivering innovative solutions with the development of new tools, methodologies and approaches.
Proven track record of effectively planning for and proactively mitigates risks on projects and work streams.
Experience with proposal development, strong commercial instincts and interest.
In addition to self, generates growing demand for other firm resources in prospective and existing clients.
Demonstrated ability to consistently extend work for him/herself and others team members on client projects. Identifies and cultivates new opportunities.
Expert written communication skills, self-directed with preparation of client ready document and presentation development.
Articulate, persuasive, communicator. Commands the room, handles executive and difficult audiences well. Readily adapts style and message appropriately to audience and circumstance. Outstanding at impromptu communication under pressure.
Engenders client confidence and trust with executives at all levels. Builds counseling relationships with clients and peers.
Works effectively at all levels – Managing Directors, peers etc..
Effective mentor to team members. With an interest in their career progression.
Advanced proficiency with Microsoft Word, PowerPoint and Excel.
An undergraduate degree from a top academic institution and a strong GPA required.
Advanced degree(s) and applicable professional certification(s) are preferred.
AlixPartners is a global firm of senior business and consulting professionals that specializes in improving corporate financial and operational performance, executing corporate turnarounds and providing litigation consulting and forensic accounting services when it really matters – in urgent, high-impact situations. More information is available at www.alixpartners.com.
The position is in the Corporate Finance practice, which provides financial and operational advisory services to companies across the corporate lifecycle. The ideal candidate should be prepared to work in a team environment on a diverse range of assignments. BRG is interested in individuals with a strong financial background, willing to live in Boston, with experience in turnaround and restructuring, management or strategy consulting, or FP&A and budgeting for a corporation or as a consultant.
We are seeking qualified individuals to join the Turnaround & Restructuring team; skills should include experience in:
Three statement financial modeling, including scenario planning
Financial planning & analysis
13-week cash flow modeling
Chapter 11 process
Transactions, including sales of assets or businesses
This position offers advancement opportunities within a rapidly growing, dynamic and fast-paced consulting firm in an entrepreneurial environment.
Contribute to the day-to-day activities of BRG Corporate Finance client service teams executing on business improvement initiatives
Utilize business, finance, accounting, and analytical skills to perform tasks including, but not limited to: financial modeling and analysis, cash flow forecasting and management, contingency planning, transaction support, and business plan review
Collaborate with BRG colleagues, client personnel, professionals from other firms, and other stakeholders to achieve engagement objectives
Develop the content for and lead the preparation of high quality, refined reports, written analyses, presentations, and other client deliverables
Participate in business development, marketing, recruiting, and practice development activities
Demonstrate the highest degree of professionalism, ethics, quality and integrity
Bachelor’s degree or degree equivalent in Business, Accounting/Finance, Management, Engineering, Economics, Mathematics, or related field
3-5 years’ work experience, ideally in a consulting or professional services environment
Expertise in financial modeling and analysis (particularly in Excel), including constructing and understanding 3-statement financial models, cash flows and scenario analyses
Participate in the development of a fast-growing, entrepreneurial consulting practice including assisting in marketing, recruiting, training, client pitches and product and practice development
Ability to manage and analyze large volumes of financial and operational data
Ability to interpret the results of qualitative and quantitative analysis and develop insights and recommendations
Excellent written and oral communication skills and a demonstrated ability to interact with junior and senior team members, senior management and other stakeholders or professionals
Mature presence, empathy, intellectual curiosity, and ability to learn quickly
Strong problem solving and project management skills
Willingness to travel up to 80%
Strong data analysis and problem solving abilities
Expert in Microsoft Word, Excel, PowerPoint
Ability to work well independently or in a team dynamic
Ability to manage multiple tasks, prioritize changing work demands and learn quickly
Experience with transactions is a plus
Participate in recruiting activities
A Master’s degree, MBA, CFA, or CPA is a plus
Certified Public Accountant (or equivalent), or technical/GAAP accounting expertise, is a plus
Certifications in FP&A, CTP, PMP, Six Sigma or related areas is a plus
Basic understanding of SQL, Python, VBA or other coding languages is a plus
Basic understanding of Tableau or other data visualization tools is a plus
Knowledge of financial management systems and tools is a plus
Berkeley Research Group (BRG) is a global, full-service boutique consulting firm founded in 2010 that provides advisory services and data analytics to Fortune 500 and mid-size companies, private equity firms, hedge funds, and financial institutions and the senior executives who lead such organizations. BRG experts provide sophisticated financial, economic, analytical, operational, and strategic advice across a wide range of disciplines and industries. Headquartered outside Berkeley, California, BRG currently has over 40 offices across 5 continents and 1,200 professionals.
Associate, Turnaround & Restructuring
G2 Capital Advisors
G2 Capital Advisors (www.g2cap.com) is a multi-product and sector focused investment bank. G2 was formed on the premise that lower middle market advisory firms could do more to help clients navigate operational or financial challenges and the complexity of capital markets transactions. G2 is not your typical investment bank or restructuring firm: we are a group of former business operators with unique industry experience and financial advisory bankers who help our clients achieve their strategic and financial goals. We are always in search of entrepreneurial, talented, driven and intellectually curious team members to join our team in achieving success for our clients.
G2’s Restructuring Team provides solutions for businesses troubled by unsustainable capital structures and/or challenging industry or operating conditions. Our unique team of seasoned C-level executives and restructuring advisors and bankers provide our clients with a clear path to long term operational stability, a sustainable capital structure, and ultimately more financial flexibility to achieve their strategic goals. The Restructuring Associate role at G2 is an entrepreneurial one where you’ll be interacting with clients providing financial analysis and modeling, creating and preparing client presentations and collaborating on deal processes. The ideal candidate will bring client facing experience from either consulting, public accounting, private equity, venture capital or investment banking environments.
What You’ll Do
Manage liquidity and forecast financial performance, including creation of 13-week cash flow analyses, P&L budgets, and multi-year forecasts
Build integrated three-statement financial models and 12-month operating plans
Manage initiatives with key business stakeholders including our client’s employees, boards, investors, lenders, customers and any other third parties
Create valuation analyses, including break-even and liquidation analysis
Analyze product-line, channel, customer, business unit profitability including advanced cost allocation modeling
Build client-ready final work product including PPT presentations, excel reports, and other required deliverables
Execute with other G2 resources on specific work streams of the restructuring such as Salesforce reorganization, supplier consolidation, overhead cost reductions, business unit divestitures, cash management, etc.
Develop G2’s junior resources through mentorship and training
What We Look For
3+ years of experience with liquidity management
3+ years of experience or familiarity working in turnaround environments or under-performing companies (or their subsidiaries)
Relevant operational and transaction experience in the following industries considered a plus: Industrials & Manufacturing, Transportation & Logistics and Business Services & Technology
Relevant experience working in professional services, management consulting or investment banking environments; can flex an adapt easily between settings
Intellectually curious for understanding the how things work; applies the right analysis to get the desired information to achieve results
Drive consensus and own stakeholder expectations within G2 team, clients teams and PEG groups and lenders
Strong work ethic with an enthusiastic, proactive, self-motivated positive attitude
Thrives in a fast paced environment with proven ability to manage multiple work streams and manage up accordingly
Exceptional business acumen including listening, written and oral communication skills
Ability to work in key client facing roles and develop healthy, productive relationships with clients and prospective clients over the course of the origination and engagement process
Deep knowledge of Microsoft Office especially Excel and PPT
Knowledge of CapIQ, VBA, ERP systems, business intelligence reporting, and other tools a plus