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Alvarez & Marsal Deutschland GmbH

Restructuring Director, Unsecured Creditors Committee

Alvarez & Marsal Deutschland GmbH, Long Island City, New York, United States, 11101


Restructuring Director, Unsecured Creditors Committee Location: New York, NY, United States

Do not pass up this chance, apply quickly if your experience and skills match what is in the following description.Date Posted: Jul 30, 2024Alvarez & Marsal, LLC, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Restructuring team. With more than 4,000 professionals based in locations across North America, Europe, Asia, and Latin America, our firm excels in problem-solving and value creation.UCC Practice Overview:The Unsecured Creditors Committee (UCC) practice provides a full suite of financial advisory services to creditors and specializes in representing official committees of unsecured creditors in bankruptcy proceedings. Working directly with the committees, our dedicated team provides the following services: liquidity assessment, business plan evaluation, asset and enterprise valuation preparation, creditworthiness assessment of go-forward business, unencumbered value identification and preservation, avoidance action prosecution, inter-company activity analysis, expert testimony delivery and stakeholder negotiation.Responsibilities:Directors should be prepared to work in a team environment on a diverse range of assignments assisting Senior UCC team members through all stages of the bankruptcy process. The projects and work streams will require creativity, resourcefulness and independent judgment. You will be expected to help develop solutions to problems and provide value to clients.Qualifications:Bachelor’s Degree (Business Major)Prior UCC Advisory Experience8-10+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focusStrong PowerPoint and Excel skills to assist with pitch-books and the creation of client deliverablesDemonstrate an intermediate level of experience with a number of the following areas:Understanding of accounting and financeUnderstanding of how to analyze financial statements and prepare financial modelsUnderstanding of how to analyze and forecast cash flowsUnderstanding the key operational performance drivers of a businessAbility to manage and organize large sets of unorganized or incomplete dataInteraction with clients (ability to request and extract information)Ability to stay on task while working on multiple work streams (organizational skills)Problem solving skills with the ability to think through alternative solutionsCommitment to promoting integrity, leadership and objectivityEntrepreneurial team player who can excel in a fast-paced, challenging work environmentConfident speaker (can communicate with personnel at all levels)Efficient business writerWillingness for periodic travelThe salary range is $200,000 - $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.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.

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