Alvarez & Marsal - Troy, MI
posted 3 months ago
About the position
The CFO Services Manager at A&M is responsible for working closely with private equity-held portfolio companies to deliver solutions that enhance value preservation and generation. This role is pivotal in improving transparency regarding key business drivers and performance metrics, ultimately supporting the increase of cash flow and EBITDA. The manager will engage in hands-on involvement with clients' operations, ensuring that private equity firms have credible plans and the capability to execute and achieve desired financial outcomes. CFO Services encompasses several key areas, including Liquidity & Working Capital Optimization, Strategic Analytics & Planning, Performance Measurement & Management, and Business Transformation. Auxiliary services such as Accounting Remediation are also part of the offering. The manager will lead data collection, validation, and analysis efforts, guiding team members in their information-gathering approaches and ensuring that all relevant sources are explored. This includes conducting client interviews, asking probing questions, and understanding the perspectives of various stakeholders. The role requires identifying knowledge gaps, challenging the status quo, and developing better assumptions. The manager will pinpoint key business challenges, forecast liquidity needs, and assess financial and accounting process inefficiencies. Effective project management and implementation skills are essential, as the manager will own and complete workstreams based on the CFO Services pillars, ensuring that project approaches, timelines, and deliverables are logical and accurate. The ability to communicate client expectations consistently and employ actionable plans to optimize working capital and improve process transparency is crucial. Leadership is a significant aspect of this role, as the manager will leverage their experience to guide and inspire the team, maximizing their contributions and providing coaching. Financial acumen is also vital, with the ability to build and review financial models, conduct valuable financial analyses, and evaluate accounting treatments. The manager will provide insights and improvement initiatives to senior management and board members, ensuring that the organization is positioned for success.
Responsibilities
- Guide team members in information gathering and ensure all relevant sources are pursued.
- Lead client interviews and understand different stakeholders' perspectives.
- Identify knowledge gaps and challenge the status quo to develop better assumptions.
- Pinpoint financial/accounting process inefficiencies and assess organizational design.
- Present issues and opportunities clearly and concisely.
- Own and complete workstreams based on CFO Services pillars.
- Set and communicate client expectations consistently.
- Employ actionable plans to optimize working capital and improve transparency.
- Identify risks and obstacles early, creating contingency plans.
- Leverage experience to guide and promote innovative thinking within the team.
- Maximize team members' contributions based on their skill sets.
- Share knowledge and provide coaching to teammates.
- Build and review financial models and provide valuable financial analysis.
Requirements
- Graduate of an accredited 4-year college/university with a concentration in accounting, finance, or economics preferred but not required.
- 7-10 years of experience in Accounting/Finance, Financial Due Diligence, Restructuring, Investment Banking, or Private Equity.
- Proficient in financial models, data analytics programs, and presentation skills.
- CPA, CFA, or Master's Degree preferred but not required.
Nice-to-haves
- Experience in private equity or investment banking environments.
- Strong leadership and team management skills.
- Advanced knowledge of financial modeling and analysis techniques.
