Director
Accordion
Chicago; Dallas; New YorkhybridPosted 1mo ago
Domain
Tech Stack
Microsoft ExcelMicrosoft WordMicrosoft PowerPoint
Requirements
- *Bachelor's degree in finance and/or accounting
- *Minimum 8+ years of relevant professional work experience
- *3+ years of restructuring experience
- *Hands-on experience building fully dynamic, integrated 3-statement financial models
- *13-week cash flow modeling experience
- *Advanced proficiency in Microsoft Excel, Word, and PowerPoint
- *Deep understanding of financial statement analysis
- *Experience with independent business reviews and capital structure analysis
- *Strong analytical and business writing skills
Nice to Have
- -Graduate business degree with concentration in finance, accounting and/or operations
- -Knowledge of Private Equity sponsor relationships and office of the CFO
- -Experience with bankruptcy preparation and administration
- -Background in turnaround and restructuring advisory
Description
Company Overview
We are the better way to work in finance. As private equity’s value creation partner, we sit at the heart of PE—where sponsors and CFOs meet. Through financial consulting rooted in data, technology, and AI, we help clients drive value—supporting the office of the CFO to drive end-to-end value creation.
If you crave challenging work and are looking to grow, come solve complex issues alongside 1,400+ finance & technology experts in a supportive, collaborative environment.
Backed by premier private equity firms and headquartered in New York with 10 offices around the globe, we are a high-growth, entrepreneurial firm looking for people who want to be part of building something great. Come make your mark.
Turnaround & Restructuring
Our nationally recognized turnaround, restructuring and advisory team serves companies and their stakeholders across a wide spectrum of industries and sizes, with a focus on the middle market. We provide clients with a team of seasoned professionals who have notable track records of creating value through both operational turnarounds and financial restructurings.
We are actively recruiting Turnaround & Restructuring professionals to join our team. You will provide extensive financial and operational support on client engagements across a variety of industries and markets; utilize experience and on the job training to successfully deliver reports, models, work product and advice that helps guide the direction and decisions related to client turnaround and/or restructuring objectives.
This role can be based in any of our US office locations and is a hybrid role with the flexibility to work remotely 2 days a week. Ideal candidates should be local to the desired location.
This position is not eligible for immigration sponsorship.
What You’ll Do:
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
Effectively gather, analyze, and organize large data sets which may be incomplete
Lead and support the development of quality client deliverables
Help establish priorities across multiple work streams
Review and guide analyses and work product of team members
Provide interim management support on operating functions and job duties as directed
You Have:
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
Ability to work well under pressure and independently yet understand when to ask for guidance
You Are:
Excited to be part of a growing team, with a focus on driving future growth
Passionate about delivering exceptional client service
Able to build credibility and trust with the client
Knowledgeable about the relationship between Private Equity sponsors and their portfolio companies, particularly within the office of the CFO
Willing to get your hands dirty in the details of a project while simultaneously seeing the whole picture
Comfortable managing projects with multiple complex workstreams while also focused on your single workstream (you are managing and doing)
A self-starter with a strong work ethic
Full of entrepreneurial spirit and comfortable in a fluid, flat organization
Able to effectively communicate complex issues and solutions, and raise issues to senior team members when necessary
Comfortable delivering and presenting client deliverables
A good delegator and leader of others; you lead by example and teach those who report to you
A strong team player, able to work with team members across all levels
Someone who enjoys mentoring others and doing meaningful work
Willing to work hard to meet deadlines and client demands
Willing to travel according to client needs
The annual salary for this role ranges from: $178,500 to $250,000 USD + benefits + bonus. Actual compensation packages are determined by evaluating a wide array of factors unique to each candidate, including but not limited to geographic location, skill set, years and depth of experience, education, certifications, cost of labor and internal equity.
Accordion is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
Please note that as per Accordion policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our inclusive diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that Accordion will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
#LI-VL1