Alvarez & Marsal - Houston, TX
posted 3 months ago
About the position
Alvarez & Marsal, a leading independent global professional services firm, is seeking an Interim CFO to join its Private Equity Performance Improvement (PEPI) - CFO Services team. This role is crucial for supporting our Private Equity clientele across the United States. The firm specializes in turnaround management, performance improvement, and corporate advisory services, and has a strong operational heritage that emphasizes problem-solving and value creation. The Interim CFO will be responsible for leading clients through challenging times, particularly in the Manufacturing, Industrial, and Consumer Packaged Goods sectors. This position requires a hands-on approach to tackle complex business issues and maximize value for our clients. The PEPI practice focuses on serving middle market and large cap private equity firms, helping them improve operating results at their portfolio companies. The Interim CFO will play a pivotal role in this process, leveraging their established track record as a CFO for private equity-owned businesses with revenues ranging from $100 million to $1 billion. The ideal candidate will possess a CPA and/or MBA, along with significant experience in financial executive roles within the specified industries. Prior top-tier consulting experience is highly preferred, as the role involves leading organizations through time-sensitive projects such as restructuring, carve-outs, or acquisitions. In addition to managing financial operations, the Interim CFO will be tasked with improving the performance of finance organizations by upgrading staff skills, redesigning processes, and implementing new systems such as NetSuite and MS Dynamics. The role also requires proven experience in building budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making. Strong analytical skills, client relationship building, and the ability to deliver projects under time pressure are essential for success in this position.
Responsibilities
- Support Private Equity clientele on a national basis as an Interim CFO.
- Lead clients through time-sensitive projects such as restructuring, carve-outs, or acquisitions.
- Improve the performance of finance organizations by upgrading staff skills and redesigning processes.
- Implement new financial systems like NetSuite and MS Dynamics.
- Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
- Develop management reporting dashboards to enhance financial oversight.
- Identify key operational performance drivers and support clients with a broad array of financial issues.
- Foster client relationships and deliver high-quality project outcomes under time pressure.
Requirements
- Bachelor's Degree in Business Administration, Accounting, Finance, or related field.
- Ten years of previous related financial management roles, performance improvement operations consulting, accounting diligence, or restructuring experience.
- Established track record as a CFO for PE-owned businesses with revenues in the $100 million to $1 billion range.
- Deep experience in Manufacturing, Industrial, or Consumer Packaged Goods businesses.
- Prior experience working with private equity backed companies.
- Prior consulting experience in a top-tier firm.
- Strong written, oral, and analytical skills.
- Strong Excel and PowerPoint skills.
- Structured project management skills.
Nice-to-haves
- MBA or other advanced degree or certification (e.g., CPA, CFA).
- Existing relationships with private equity firms (personal or professional).
- International treasury and currency hedging experience.
