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)