PEPI: Senior Director, CFO Services (OPEN TO ALL US LOCATIONS)

$175,000 - $275,000/Yr

Alvarez & Marsal - Mount Holly, NC

Full-time - Senior

Mount Holly, NC

Professional, Scientific, and Technical Services

About the position

The Senior Director of CFO Services at A&M plays a pivotal role in working with private equity-held portfolio companies to deliver solutions that enhance value preservation and generation. This position is focused on improving transparency regarding key business drivers and performance metrics, ultimately supporting the increase of cash flow and EBITDA for clients. The Senior Director will engage directly with private equity firms to ensure that their portfolio companies are equipped with credible financial plans and the capability to execute these plans effectively, thereby achieving desired financial outcomes. CFO Services encompasses several critical areas, including Liquidity & Working Capital Optimization, Strategic Analytics & Planning, Performance Measurement & Management, and Business Transformation. Additionally, Auxiliary Services such as Accounting Remediation are provided to address specific client needs. The Senior Director will be responsible for hypothesis and scope development, connecting with private equity and client executive teams to facilitate comprehensive information gathering. This role requires a keen assessment of organizational challenges and the ability to identify actionable paths forward for clients. In this capacity, the Senior Director will challenge analyses and conclusions to ensure they are thorough, accurate, and reflective of the current situation. The ability to identify gaps in analyses that may lead to discrepancies between recommended solutions and actual results is crucial. The role also demands a strong understanding of the sources and drivers of value creation within both the industry and the specific company. Project management and implementation are key components of this role, as the Senior Director will develop complex business improvement plans and lead projects independently. This includes delivering on private equity-focused initiatives such as Interim Management Roles, Liquidity Management, Business Transformation, Performance Improvement, and Accounting Remediation. Proactive management of client expectations and risk, along with the development of long-term client relationships, is essential for success in this position. Leadership is a critical aspect of the Senior Director role, requiring the application of industry expertise to create and deliver innovative solutions. The Senior Director will be accountable for managing client relationships and ensuring team deliverables are met. This includes driving a sense of urgency within the team regarding critical issues, assigning appropriate resources, removing barriers, and monitoring project outcomes. Financial acumen is paramount, with experience in the role of CFO being highly valued, as well as a proven track record of delivering value to businesses through effective financial management.

Responsibilities

• Connect with Private Equity and client's Executive team to facilitate information gathering and ensure all relevant data are considered and pursued.
• Assess critical issues given the organizational challenges and identify a path forward for the client.
• Challenge analyses and conclusions to ensure they are complete, accurate, fact-based, and reflective of the situation.
• Identify holes in analyses that lead to a disconnect between solution recommendation and results.
• Apply industry and functional knowledge to identify business drivers and issues.
• Develop complex business improvement plans and lead all projects independently.
• Deliver on Private Equity focused initiatives such as Interim Management Roles, Liquidity Management, Business Transformation, Performance Improvement, and Accounting Remediation.
• Proactively manage client's expectations and risk management; maintain and develop client relationships for long term opportunities.
• Convince senior management and board members of key business focus, obtaining buy-in for implementation plans.
• Anticipate risks and obstacles, reassessing issues and risks as plans and approaches change.
• Identify finance and accounting weaknesses in the organization and provide remediation going forward.
• Engage in developing and delivering creative solutions using industry expertise.
• Take accountability for client relationship management and team deliverables.
• Drive client and team to a sense of urgency relative to critical issues.
• Assign appropriate resources, remove barriers, and monitor project outcomes.

Requirements

• Graduate of accredited 4-year college/university with educational concentration in relevant areas (accounting, finance, economics) preferred but not required.
• Over 12 years of experience related to Accounting/Finance, Financial Due Diligence, Restructuring, Investment Banking, or Private Equity.
• Prior experience as CFO in Private Equity Backed Portfolio Companies preferred.
• Possess a track record of successfully delivering complex projects and leading holistic performance improvement projects.
• Complete proficiency in understanding financial models, data analytics, and presentation skills.
• CPA, CFA, MBA, or Master's Degree preferred but not required.

Benefits

• Discretionary bonus program based on individual and firm performance.