Alvarez & Marsal - New York, NY
posted about 2 months ago
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. The primary objective is to improve transparency regarding key business drivers and performance metrics, thereby supporting the increase of cash flow and EBITDA. This role involves hands-on engagement with clients to ensure that private equity firms have credible financial plans and the capability to execute them effectively, leading to favorable 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 be expected to guide team members in data collection, validation, and analysis, ensuring that all relevant information sources are explored. This includes leading client interviews, asking insightful 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. It is crucial to present issues and opportunities clearly and concisely, ensuring that the team understands the accounting and finance process flows and how they integrate into the general ledger for value creation. In terms of project management, the Manager will own and complete workstreams based on the CFO Services pillars, ensuring that project approaches, timelines, and deliverables are logical and accurate. Setting and communicating client expectations consistently is vital, as is employing actionable plans to optimize working capital and improve process transparency. The ability to identify risks and obstacles early and create contingency plans is essential for success in this role. Leadership is a key component, as the Manager will leverage their experience to guide and inspire the team to think innovatively. Recognizing the current skill sets of team members and maximizing their contributions is important, as is sharing knowledge and providing coaching. Financial acumen is critical, with the ability to build and review financial models, conduct valuable financial analyses, and evaluate accounting treatments. The Manager will also provide insights and improvement initiatives to senior management and board members.