Associates (Finance)

Description

Title: Associates

Employer: Alvarez & Marsal North America, LLC

Location: Los Angeles, CA

Salary range: $125,000 - $145,000

Job Description:

Work alongside other A&M professionals across a variety of client industries to help underperforming businesses navigate their restructuring process and create a lasting positive impact on the organization. Leveraging your resourcefulness and independent judgement, you will help develop solutions to critical problems to improve an organizations overall performance and enterprise value by developing and executing restructuring and turnaround plans. Apply analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement. Build and manage 13 week cash flow forecast. Build a liquidation analysis to address feasibility of Plan of Reorganization. Work with clients to create a long-term business plan to track and manage business performance, manage working capital, and implement cost reduction initiatives. Implement cash conservation strategy and controls. Develop pre-bankruptcy plans and assist with bankruptcy case administration including supporting the handling of creditor constituents and preparing bankruptcy documents. Support marketing initiatives by assisting with the pitch preparation process. Lead a work stream within a project and coach and mentor junior resources. Domestic or international travel approx. 50% of time.

Minimum Requirements:

Master's degree or foreign equivalent in Accounting, Finance, or related field and minimum 2 years of experience in any occupation involving corporate restructuring. Experience must include business restructuring and turnaround strategies including lender negotiations, asset sales and vendor management; cash conservation and liquidity management; business plan development and implementation; performing detailed analysis of financial statements including balance sheet, income statement, cash flow, historical P&L analysis, AR and AP aging, and building debt / lease schedules; analyzing data to identify working capital improvements and cost reduction initiatives; understanding fundamental aspects of bankruptcy proceedings; performing advanced financial modeling and analyses; building 13-week cash flow forecasts and 3-statement financial models; and conducting liquidation analyses.

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