Alvarez & Marsal - Morristown, NJ
posted 3 months ago
About the position
Alvarez & Marsal, a leading independent global professional services firm, is seeking to expand its Private Equity Performance Improvement (PEPI) - CFO Services team across various locations in the U.S. The firm specializes in turnaround management, performance improvement, and corporate advisory services, with a strong operational heritage and hands-on approach. With over 5,500 professionals in 40 locations worldwide, A&M excels in problem-solving and value creation, working closely with organizations and stakeholders to tackle complex business issues and maximize value. The PEPI practice focuses on serving middle market and large cap private equity firms, helping to improve operating results at their portfolio companies. The interim CFO will play a crucial role in supporting private equity clientele nationally, taking on interim management roles such as CFO, Controller, or Treasurer to lead clients through challenging times. The ideal candidate for the PEPI Interim CFO position will have a CPA and/or MBA, along with a proven track record as a CFO for private equity-owned businesses with revenues ranging from $100 million to $1 billion. Candidates should possess deep experience in the Manufacturing, Industrial, or Consumer Packaged Goods (CPG) industries, and prior consulting experience is highly preferred. The role requires leading organizations through time-sensitive projects, such as restructuring, carve-outs, or acquisitions, while managing the process to completion. Additionally, the interim CFO will be responsible for improving the performance of finance organizations by upgrading staff skills, redesigning processes, or implementing new systems like NetSuite and MS Dynamics. The successful candidate will also have experience in building budgets, EBITDA forecasts, and cash forecasts to support executive management decision-making, with management reporting dashboards being a plus. International treasury and currency hedging experience is also desirable. Strong written, oral, and analytical skills, along with proficiency in Excel and PowerPoint, are essential. The role demands structured project management skills, initiative, critical thinking, and the ability to deliver projects on time and with quality. Client relationship building and the ability to identify key operational performance drivers are crucial 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 systems like NetSuite and MS Dynamics to enhance operational efficiency.
- Build budgets, EBITDA forecasts, and cash forecasts to guide executive management decision-making.
- Develop management reporting dashboards to support financial analysis and reporting.
- Manage international treasury and currency hedging activities as needed.
- Identify key operational performance drivers and provide strategic recommendations.
Requirements
- Bachelor's Degree in Business Administration, Accounting, Finance, or related field.
- Ten or more years of previous related financial management roles, performance improvement operations consulting, accounting diligence, or restructuring experience.
- Established track record as a CFO for private equity-owned businesses with revenues in the $100 million to $1 billion range.
- Deep experience in Manufacturing, Industrial, or Consumer Packaged Goods (CPG) businesses.
- Prior experience working with private equity backed companies.
- Prior consulting experience in leading organizations through time-sensitive projects.
- Proven experience in building budgets, EBITDA forecasts, and cash forecasts.
- Strong written, oral, and analytical skills.
- Proficiency in Excel and PowerPoint.
Nice-to-haves
- MBA or other advanced degree or certification (e.g., CPA, CFA).
- Existing private equity relationships (personal or professional).
- Experience with management reporting dashboards.
- International treasury and currency hedging experience.
