Description
Senior Associate, Financial & Operational Restructuring (FOR)
Alvarez & Marsal
Paris
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.
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.
