Riveron Restructuring and Turnaround Services Manager in Detroit, Michigan
When faced with unexpected challenges or periods of distress, companies need to make fast, informed decisions and implement straightforward solutions to get back on track. Our experienced professionals quickly stabilize the business, diagnose the issues, and create a strategic plan that will drive the best possible outcomes for the company and stakeholders.
Whether seeking to preserve capital, improve cash flow, or restore earnings, we draw on our proven solutions, industry depth, and operational expertise to implement the change our clients need.
Our Restructuring and Turnaround services include Performance Improvement, Restructuring & Turnaround Advisory, Interim Management, and Bankruptcy & Fiduciary. Industries we serve include Aerospace, Defense, & Government Contractors, Automotive & Industrials, Business Services, Consumer Products & Retail, Energy, Engineering & Construction, Financial Services, Government, Municipal, & Education, Healthcare, Hospitality & Entertainment, Real Estate, Technology, Media & Telecommunications. Who You Are: Bachelor's or Master's in Accounting, Finance, Economics, or related field of study Minimum 5 years of finance, accounting, or related experience Recent experience with direct cash flow forecasting that integrates with income statement and balance sheet, running sensitivity analysis, advanced financial analysis, and account reconciliation Experience with automating processes, improving controls, valuation analysis of distressed companies using EBITDA multiples and discounted cash flow Experience related to distressed companies' financial analysis/recommendation, bankruptcy/reorganization, and strategic growth consulting and analysis Advanced Excel experience, including conditional formatting, lookup formulas, pivot tables, protecting files, creating scenario and what-if analyses, modifying options, and applying data validation to worksheets You have a passion for developing and maintaining client relationships You get the job done and have fun doing it You readily identify problems and instinctively look for solutions You demonstrate analytical rigor and strong written and verbal communication skills You thrive in an ever-changing, dynamic work environment You enjoy participating in internal and external company initiatives such as community service, training, recruiting, and firm events You have the ability and desire to travel as required based on client location What You'll Do: Use financial and/or operational acumen to provide solutions to interested parties in situations related to underperforming, distressed, or bankrupt businesses Oversee research, data and financial analysis, and development of financial models, reports, presentations, and other client-facing deliverables Build financial models and evaluate financial statement information, including income statement, balance sheet, cash flow, and key operational data Own project workstreams and ensure deadlines are met Participate actively in the development of junior team members by providing coaching and performance feedback, and fostering a team-based working culture #LI-JS1
About Riveron: At Riveron, you'll collaborate with multi-disciplinary teams to deliver meaningful solutions to a variety of clients, work alongside experienced leaders who are invested in your growth, and be part of an inclusive and vibrant community of individuals who truly love what they do and who they do it with. Our entrepreneurial culture is rooted in a belief that every perspective is uniquely valuable, and that spirit has enabled our significant growth. Along with that growth comes opportunity - for more impactful work, enhanced flexibility, and progressive benefits that support healthy, prosperous lives in and out of work.
Riveron is a people-first business advisory firm that operates at the center of the latest