Job Information
Alvarez & Marsal North America, LLC Restructuring & Turnaround Director - Case Management Services in New York, New York
Description
Restructuring & Turnaround Director - Case Management Services
Alvarez & Marsal is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement and corporate advisory services. Our talent drives our success, resulting in our Restructuring & Turnaround practice becoming one of the largest and most recognized in the industry.
Our successes managing some of the largest crises in the world (e.g. Lehman Brothers and Arthur Anderson), as well as preserving iconic brands through restructuring (e.g. Toys 'R Us) have earned us multiple industry awards such as: Turnaround Management Association's (TMA's) 2023 Large Company Turnaround Transaction of the year - CHC Helicopter; TMA's 2022 Mid-Size Company Turnaround of the Year - Frontera Holdings; TMA's 2022 Midwest Large Company Turnaround of the Year - Valaris; TMA's 2021 Mega Company Turnaround of the Year - Murray Energy Holdings Co. In 2023 A& M was ranked 10 out of nearly 700 consulting firms in the U.S. on Vault Consulting 50, a signature list of the top 50 consulting firms.
A career within the Case Management Services (CMS) group will provide you with the opportunity to work on some of the nation's largest and most complex turnaround and restructuring engagements. As a specialized group, the CMS team sits within Alvarez & Marsal's broader Turnaround and Restructuring practice. This will provide you the opportunity to collaborate with top tier law firms, financial advisors, and other bankruptcy professionals to assist clients with the administration of bankruptcy cases. Our team uses proprietary technology to manage the various reporting requirements of the bankruptcy process.
What will you be doing?
You will create a lasting positive impact on numerous organizations by leading a team through the Chapter 11 preparation and reporting requirements from pre-filling through distribution for our clients.
You will be leading a team of consultants working together on a diverse range of projects and work streams assisting in Chapter 11 preparation and reporting requirements throughout the lifecycle/engagement, from pre-filing through distribution (e.g. preparation of the creditor matrix, schedules, and statements of financial affairs, claims reconciliation, preference analyses, lease assumption / rejection analyses, distribution processes) as well as all facets of post-confirmation wind down.
Your key responsibilities will include:
- Providing day to day team management to ensure plans, budgets, and schedules are adhered too
- Ensuring the appropriate development and adjustment of work plans and tasks on engagements to handle challenging deadlines, changing deliverables, and evolving task priorities
- Serving as the main point of contact for high profile client engagements
- Overseeing pre-filing activities (e.g. data extractions for first-day pleadings, developing plans and reports for pre and post-petition accounts payable, and compilation of master mailing list)
- Managing the preparation of Schedules of Assets and Liabilities and Statements of Financial Affairs
- Directing the organization and analysis of executory contracts for assumption / rejection
- Managing the estimation and modeling claims for the Plan of Reorganization
- Supervising the facilitation of claims through reconciliation, including matching filed claims to scheduled liabilities, evaluating claims, and preparing exhibits to objections
- Guiding the analysis of potential preferential recoveries
- Managing the claims distribution process
- Assuring the follow through of requirements under Plan of Reorganization
- Recruiting, training, and performance evaluation to develop your team
- Contributing to practice development through internal programs and mentoring
Who you will be working with?
At A& M you will have the opportunity to work on some of the most disruptive restructuring and turnaround projects in the industry and the world. You will be working alongside senior management and a team of experienced A& M professionals from a variety of backgrounds in legal, finance, and information technology who bring a wealth of industry depth and knowledge. Relying on your ability to effectively handle pressure in stressful situations and prioritize multiple work streams, you will work in a fast paced, deeply collaborative team environment. You will build rapport and develop credible relationships with clients, legal counsel and investment bankers and be relied on to proactively communicate with your team, external parties, and client leadership.
How will you grow and be supported?
As a Director of Case Management Services, you will have the opportunity to gain invaluable experience leading interesting and critical projects across several different industries and sectors. As a team leader, you will also be working closely with many experienced professionals, who will provide you with a different perspective and feedback allowing you to continuously develop your skills through experience.
We offer competitive benefits and opportunities to support your personal and professional development. A& M recognizes that our people fuel our growth, and you will be provided with the best available learning and development resources through formalized training and on the job training, as well as networking opportunities with restructuring industry contacts (e.g. attorneys, bankers, etc.).
Qualifications:
Many professionals in the CMS team have Legal, Accounting, Finance or Computer Information Systems backgrounds.
- BA/BS degree and/or MBA/MS in Accounting, Finance, Systems, or other analytical fields
- More than 6-8 years of work experience in corporate restructuring consulting (case administration)
- Experience leading a team in a fast-paced, multi-task environment with attention to detail
- Flexibility with respect to assigned tasks and engagements due to challenging deadlines, changing deliverables, and evolving task priorities
- Demonstrated ability to interface with team members and client personnel in demanding, deadline-driven situations
- Demonstrated ability to lead a case with minimal supervision
- Experience with programming languages (SQL, VBA) and other database applications are helpful but not required
- Excellent communication (both written and verbal), mathematical, and organizational skills
- Track record of utilizing technology to solve complex problems
- Commitment to living and promoting A& M's cultural values: integrity, leadership, objectivity, inclusive diversity and fun
- Willingness to travel (up to) 100% of the time
The salary range is $160, 000 - $225, 000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A& M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD& D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A& M's benefits programs.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly