Director, CFO Services (OPEN TO ALL US LOCATIONS)

$150,000 - $225,000/Yr

Alvarez & Marsal - Houston, TX

Part-time - Senior

Houston, TX

Professional, Scientific, and Technical Services

About the position

The Director of CFO Services at Alvarez & Marsal (A&M) plays a pivotal role in working with private equity-held portfolio companies to deliver solutions that enhance value preservation and generation. The primary objective is to improve transparency regarding key business drivers and performance metrics, ultimately supporting the increase of cash flow and EBITDA. This position involves hands-on engagement with clients to ensure that their portfolio companies have credible financial plans and the capability to execute these plans effectively, leading to favorable financial outcomes. CFO Services encompasses several key areas, including Liquidity & Working Capital Optimization, Strategic Analytics & Planning, Performance Measurement & Management, Business Transformation, and Auxiliary Services such as Accounting Remediation. The Director will be responsible for hypothesis and scope development, connecting with clients to facilitate information gathering, guiding client interviews, and ensuring that all relevant data is pursued and analyzed. This role requires a deep understanding of industry and functional knowledge to identify business drivers and issues, as well as the ability to develop actionable conclusions from analyses. In terms of project management and implementation, the Director will lead components of projects that involve multiple service lines and will independently manage smaller projects. Proactive management of client expectations is crucial, as is the ability to develop straightforward, actionable plans and lead individual workstreams. The Director will also design initiatives aimed at generating cash and improving EBITDA, while anticipating risks and creating contingency plans to communicate effectively with clients. Leadership is a key aspect of this role, leveraging industry expertise and prior professional services experience to guide the team and foster innovative and analytical thinking. The Director will take accountability for issues identified by both clients and team members, building complementary teams that utilize individual talents and capabilities. Financial acumen is essential, with complete proficiency in financial modeling, financial statement analysis, and accounting treatments being required. The Director will identify and drive accountability for P&L and balance sheet performance, utilizing various tools and resources to facilitate change management and streamline processes.

Responsibilities

• Develop hypotheses and project scopes in collaboration with clients.
• Facilitate information gathering and client interviews to ensure comprehensive data collection.
• Define necessary analyses to validate assumptions and ensure timely execution.
• Apply industry knowledge to identify key business drivers and issues.
• Create actionable conclusions based on analytical findings.
• Lead components of projects across multiple service lines and manage smaller projects independently.
• Proactively manage client expectations and mitigate project risks.
• Design initiatives to enhance cash generation and EBITDA improvements.
• Engage with senior management to obtain buy-in for actionable plans.
• Leverage industry expertise to guide team members and promote innovative thinking.
• Take accountability for issues identified by clients and team members.
• Utilize financial modeling and statement analysis to drive accountability for financial performance.

Requirements

• Graduate of an accredited 4-year college/university with a concentration in accounting, finance, or economics preferred but not required.
• Over 12 years of experience in Accounting/Finance, Financial Due Diligence, Restructuring, Investment Banking, or Private Equity.
• Complete proficiency in financial modeling, data analytics, and presentation skills.
• Experience in roles related to Controllership, Finance, and Accounting Advisory Services.
• CPA, CFA, MBA, or Master's Degree preferred but not required.

Nice-to-haves

• Experience in private equity or investment banking environments.
• Strong leadership and team-building skills.
• Ability to work collaboratively with senior management and board members.

Benefits

• Healthcare plans
• Flexible spending and savings accounts
• Life, AD&D, and disability coverages
• 401(k) retirement plan with discretionary contributions
• Paid time off including vacation and personal days
• Seventy-two (72) hours of sick time
• Ten federal holidays and one floating holiday
• Parental leave
• Discretionary bonus program based on performance