Senior Director, CFO Services

Company: Alvarez and Marsal
Location: Chicago
Posted on: November 22, 2021

Job Description:

A&M CFO Services work with private equity held portfolio companies and provide our clients with solutions to preserve and generate value for their businesses. Our goal is to improve transparency to key drivers and business performance, to support increasing cash and EBITDA, and to provide benefits through hands-on involvement in our clients' operations. Our job is to support PE firms to ensure their portfolio companies have credible plans and the ability to execute and deliver financial outcomes. CFO Services Provides the following pillar of services:

• Liquidity & Working Capital Optimization
• Strategic Analytics & Planning
• Performance Measurement & Management
• Business Transformation
• Auxiliary Services: Accounting Remediation PROFESSIONAL EXPECTATIONS: Hypothesis / Scope Development
  • Connect with Private Equity and client's Executive team to facilitate information gathering and ensure all relevant data are considered and pursued
  • Assess critical issues given the organizational challenges and identify a path forward for the client
  • Challenge analyses and conclusions to ensure they are complete, accurate, fact-based, and reflective of the situation
  • Identify holes in analyses that lead to a disconnect between solution recommendation and results
  • Apply industry and functional knowledge identify business drivers and issues
  • Ability to understand the sources and drivers of value creation within the industry and company Project Management and Implementation
    • Develop complex business improvement plans and lead all projects independently
    • Deliver on Private Equity focused initiatives (Interim Management Roles, Liquidity Management, Business Transformation, Performance Improvement, and Accounting Remediation)
    • Proactively manage client's expectations, risk management; maintain and develop client relationships for long term opportunities
    • Convince senior management and board members key business focus, obtain buy in of implementation plans
    • Anticipates risks and obstacles, and be vigilant and diligent about reassessing issues and risks as plans and approach change
    • Identify finance and accounting weakness in the organization and provide remediation going forward Leadership
      • Apply industry expertise pragmatically to engage in developing and delivering creative solutions
      • Take accountability for both client relationship management and team deliverables
      • Drive client and team to a sense of urgency relative to critical issues
      • Assign appropriate resources, removes barriers, and monitor project outcomes
      • Experience in the role of CFO with a track record of driving and delivering value to the business
      • Experience in the role of Controllership, Finance and Accounting Advisory Services ACCREDITION/EXPERIENCE:
        • Graduate of accredited 4-year college / university with educational concentration in relevant areas (accounting, finance, economics) preferred but not required
        • Over 12 years of experience related to: Accounting / Finance, Financial Due Diligence, Restructuring, Investment Banking or Private Equity
        • Prior experience as CFO in Private Equity Backed Portfolio Companies preferred
        • Possess a track record of successfully delivering complex projects, lead holistic performance improvement projects
        • Complete proficiency in understanding financial models, data analytics, and presentation skills
        • CPA, CFA, MBA, or Master's Degree Preferred but not Required Diversity & Inclusion A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way. Voluntary Inclusion
          It is Alvarez & Marsal's policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations. Unsolicited Resumes from Third-Party Recruiters Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. Alvarez & Marsal was founded in 1983 when Tony Alvarez II and Bryan Marsal recognized the opportunity to provide radically different advice and hands-on support to organizations facing operational and financial hurdles - situations demanding action, objectivity and real results. Mavericks determined to challenge the prevailing approach to management consulting, Alvarez & Marsal's (A&M) founders helped pave the way for what became an industry: turnaround management, corporate restructuring and performance improvement for companies and stakeholders. Often compared to corporate doctors, the founders built a culture through the years - blending together a mix of operating managers, functional experts and consultants. The firm grew at a measured pace to maintain quality and increase A&M's global reach and capabilities. Committed to its core values, A&M has since evolved from a boutique player to the premier independent global professional services firm with a reputation for providing leadership, problem-solving and value-creation to under performing and robust companies across the industry spectrum. The firm today tackles wide ranging issues, with a focus on preserving and maximizing enterprise value. With an operational heritage and depth of senior resources, A&M teams are able to rapidly diagnose and execute practical solutions in complex business environments by:
          • Understanding Opportunities and Challenges
          • Collaborating and Listening
          • Planning and Partnering
          • Building Consensus
          • Supporting and Guiding / Leading
          • Establishing a Self-Sustaining Organization When the stakes are high, companies and stakeholders look to A&M to help find the right answer and deliver the solution in a variety of service areas. Whether serving as trusted advisers or in interim management roles to accelerate positive change, A&M professionals are on the ground across North America, Europe, the Middle East, Asia and Latin America - drawing on a proud operational heritage, never resting on our laurels.

Keywords: Alvarez and Marsal, Chicago , Senior Director, CFO Services, Executive , Chicago, Illinois