Accordion Director role leading financial and operational support for turnaround and restructuring engagements. Responsible for analysis, financial modeling, and development of restructuring and turnaround plans.
Responsibilities
Lead and perform analysis of current and historical business performance and capital structure
Review and provide feedback on business plan and projections
Develop 13-week cash flow forecasts that outline the liquidity profile and cash needs
Identify alternatives to enhance liquidity and working capital efficiency
Create dynamic financial models that demonstrate the client’s historical and potential future performance
Assess and support the creation and preparation of corporate turnaround plans, including EBITDA enhancement, revenue generation, cost rationalization/expense reduction, asset utilization, etc.
Provide implementation support to approved business plans and strategies
Develop and guide execution of restructuring plans, including capital structuring/financing, stakeholder negotiation, etc.
Develop and furnish appraisal of business options, in-court and out-of-court restructuring alternatives and contingency plans as needed
Assist in bankruptcy preparation and administration (first day and other motions, schedules and statements, operating reports, plan of reorganization, disclosure statement, claims, etc.)
Provide the day-to-day team management to ensure alignment between workplan execution and client expectations/deadlines
Engage with client personnel and management as necessary to achieve objectives
Qualification
Advanced proficiency in Microsoft WordCapacity to thrive in a fast-paced
Required
Bachelor’s degree in finance and/or accounting is preferred
Graduate business degree with concentration in finance, accounting and/or operations preferred
Minimum 8+ years of relevant professional work experience with 3+ years of restructuring experience
Hands-on experience building / developing / maintaining fully dynamic, integrated 3-statement financial models, and 13-week cash flow models
Advanced proficiency in Microsoft Word, Excel and PowerPoint
Ability to build and sustain strong and trusted relationships with colleagues and stakeholders
Demonstrated expertise and aptitude with conducting quantitative and qualitative analyses, particularly with constructing integrated financial models, analyzing financial underperformance and related services
Experience working on projects delivering independent business reviews, short term cash flow assessments, capital structure analysis and contingency planning
Capacity to thrive in a fast-paced, challenging, and uncertain environment
Deep understanding of how to interpret and analyze financial statements
Strong analytical and business writing skills
Ability to develop the framework and take the lead on preparing reports
