Corporate Finance - Restructuring Managing Directo...
Hiring Company Industry:
Business Services
Number of Employees:
1 - 100
Employees
Total Compensation: $300K
Location: New York, NY; Atlanta, GA; Chicago, IL; Detroit, MI; Miami, FL; San Francisco, CA; Washington, DC
JOB DESCRIPTION
Our client, is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. They provide analytical services to debtors, creditors and other stakeholders of companies experiencing unfavorable situations arising from liquidity problems, over-leverage, under-performance, right-sizing or other business transition issues.
We are presently helping them identify Director and Managing Director professionals for their restructuring practice.
The firm assists management in workouts with their lenders to:
Manage the workout process
Prepare business plans and cash flow projections
Assess the company’s long-term viability and business strategy
Coordinate with creditors and their professionals
Manage cash flow and working capital
Identify nonessential assets to be sold and manage the sale process
Create and develop a business rehabilitation plan to maximize profitability
Design, negotiate and implement a financial restructuring plan
Identify sources of new capital, particularly through refinancing
Evaluate financial and operating results of competitors within the industry
Duties and Responsibilities:
The Director and Managing Director will provide technical expertise and experience at an advanced level; participate in managing client relationships, client service and practice management.
• Supervise and direct client engagements: provide technical expertise, perform analyses, supervise and guide consultants and senior consultants.
• Responsibilities include reviewing work product, financial statements, models and reports for accuracy and completeness; conducting discussions with clients about status and results of work performed; preparing and reviewing work plans; ensuring assignments are carried out within scope, budgeted time and delivery commitments; following progress of engagement, updating Senior Managing Directors; helping resolve analytical and technical problems as they arise; prepare work product.
• Apply business, economics, finance, accounting and analytical skills to various client situations and practice disciplines (e.g. financial modeling, ratio and comparable company analysis, review/analysis of financial statements and projections, assessing business plans, conducting due diligence, etc.)
• Understand, synthesize and analyze large amounts of data associated with complex restructuring, due diligence and litigation cases. Provide relevant analysis and summaries for interested parties including clients, management or attorneys.
• Prepare complex cash flow projections to model business processes or actual or hypothetical transactions.
• Assist in developing business strategies for turnaround and profitability improvement.
• Recruit, train, develop and evaluate client service staff.
• Manage teams of various levels of staff to ensure effective utilization of time.
• Manage client relationships; identify and develop opportunities to enhance relationships with existing clients/contact. Identify possible sources of new business.
• Deliver presentations on the spectrum of services to potential clients.
EDUCATION/EXPERIENCE REQUIREMENTS:
Minimum of 6-7 years within accounting/finance or restructuring field
Must have a minimum of a Bachelors Degree in Accounting or Finance
Master’s Degree, CPA or CIRA preferred
Excellent project management skills and proven capabilities in managing a team.
Strong knowledge of corporate finance and accounting principles and expertise within the field of restructuring.
Self-starter with the ability to work in fast-paced, multi-task environment.
Superior interpersonal, communication, marketing, sales and organizational skills.
Proficiency with PC environment and related software, preferably Microsoft Office.
Leadership and management skills.
Masters or Bachelors Degree in finance and/or accounting preferred.
Knowledge of bankruptcy processes and procedures a plus