Alvarez & Marsal - Chicago, IL
posted 3 months ago
The Director of CFO Services at 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 private equity firms have credible financial plans and the capability to execute them effectively, thereby achieving desired financial outcomes. CFO Services encompasses several critical areas, including Liquidity & Working Capital Optimization, Strategic Analytics & Planning, Performance Measurement & Management, and Business Transformation. Additionally, auxiliary services such as Accounting Remediation are provided to support clients in their financial operations. The Director will be responsible for hypothesis and scope development, connecting with clients to facilitate information gathering, and guiding client interviews to ensure comprehensive data collection. 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. Project management and implementation are key components of this role. The Director will lead various project components across multiple service lines and manage smaller projects independently. Proactive management of client expectations is essential to minimize risks and negative impacts on projects. The Director will design cash-generating initiatives, optimize organizational structures, and anticipate potential risks, creating contingency plans as necessary. Collaboration with senior management and obtaining buy-in from board members on actionable plans is also a critical aspect of this position. Leadership is a significant expectation for 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 effectively. Financial acumen is crucial, with complete proficiency in financial modeling, financial statement analysis, and accounting treatments being required. The Director will drive P&L and balance sheet accountability, utilizing various tools and resources to facilitate change management and streamline processes.