Alvarez & Marsal - Washington, DC
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 existing assumptions, and present key business challenges and opportunities clearly and concisely. A strong understanding of accounting and finance process flows is essential to ensure improvements and value creation within the organization. Project management is a critical aspect of this role, as the manager will own and complete workstreams based on the CFO Services pillars. This includes setting realistic project timelines, communicating client expectations, and employing actionable plans to optimize working capital and improve transparency in processes. The manager will also identify risks and obstacles early, creating contingency plans and maintaining timely communication with clients. Leadership skills are vital, as the manager will leverage their experience to guide and promote innovative thinking within the team. Recognizing the current skill sets of team members and maximizing their contributions is essential. The manager will share knowledge, provide coaching, and foster a collaborative environment. Financial acumen is also crucial, as the manager will build and review financial models, conduct valuable financial analyses, and provide insights 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.
- 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 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 work under pressure and meet tight deadlines.
Benefits
- Competitive salary and performance bonuses.
- Opportunities for professional development and training.
- Flexible working hours and remote work options.
