Alvarez & Marsal - Miami, FL
posted 3 months ago
About the position
The CFO Services Manager at A&M is responsible for delivering high-quality financial consulting services to private equity portfolio companies. This role involves working closely with clients to enhance their business performance through strategic financial management and operational improvements. The primary objective is to support private equity firms in ensuring their portfolio companies have credible financial plans and the capability to execute them effectively. The CFO Services team focuses on several key areas, including liquidity and working capital optimization, strategic analytics and planning, performance measurement and management, and business transformation. Additionally, auxiliary services such as accounting remediation are provided to address specific client needs. In this position, the manager will lead data collection, validation, and analysis efforts, guiding team members in their approach to information gathering. This includes conducting client interviews, asking insightful questions, and understanding the perspectives of various stakeholders. The manager will identify knowledge gaps, challenge the status quo, and develop better assumptions to address key business challenges. A critical aspect of the role is to forecast liquidity needs accurately, pinpoint inefficiencies in financial and accounting processes, and assess the organizational design to drive improvement and value creation. Project management is a significant component of the role, requiring the manager to own and complete workstreams based on the CFO Services pillars. This includes setting logical project approaches, timelines, and deliverables while consistently communicating client expectations. The manager will employ actionable plans to optimize working capital, instill a liquidity-focused culture, and improve transparency in processes and organizations. Identifying risks and obstacles early on and creating contingency plans are essential to ensure project success. Leadership is also a key expectation, as the manager will leverage their experience to guide and promote innovative thinking within the team. Recognizing the current skill set of team members and maximizing their contributions is vital. The manager will share knowledge, provide coaching, and foster a collaborative environment. Financial acumen is crucial, as the manager will build and review financial models, conduct valuable financial analyses, and evaluate accounting treatments, providing insights and improvement initiatives to senior management and board members.
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.
- Forecast liquidity needs and assess financial/accounting process inefficiencies.
- Present issues and opportunities clearly and concisely to clients.
- Own and complete workstreams based on CFO Services pillars.
- Set and communicate client expectations consistently throughout projects.
- Create actionable plans to optimize working capital and improve transparency.
- Identify risks and obstacles early, creating contingency plans as needed.
- Leverage experience to guide and promote innovative thinking within the team.
- Maximize team contributions by recognizing individual skill sets and providing coaching.
- Build and review financial models and conduct valuable financial analyses.
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 modeling, 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.
- Ability to think strategically and innovatively.
