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

$175,000 - $275,000/Yr

Alvarez & Marsal - New York, NY

Part-time - Senior

New York, NY

Professional, Scientific, and Technical Services

About the position

The Senior Director of CFO Services at Alvarez & Marsal (A&M) plays a pivotal role in working 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, ultimately supporting the increase of cash flow and EBITDA. This position involves hands-on engagement with clients to ensure 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, along with Auxiliary Services such as Accounting Remediation. 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 assessing critical organizational challenges and identifying actionable paths forward for clients, ensuring that analyses are thorough, accurate, and reflective of the current situation. In addition to project management and implementation, the Senior Director will develop complex business improvement plans and lead various initiatives focused on private equity, including interim management roles, liquidity management, and performance improvement. The position demands proactive management of client expectations and risk, fostering long-term relationships with clients. The Senior Director will also need to convince senior management and board members of key business focuses and secure buy-in for implementation plans. Leadership skills are essential, as the role involves driving urgency around critical issues, assigning resources, and monitoring project outcomes. Financial acumen is crucial, with experience in CFO roles and a proven track record of delivering value to businesses being highly desirable.

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 both 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.

Nice-to-haves

• Experience in financial modeling and data analytics.
• Strong presentation skills and ability to communicate complex financial information clearly.
• Experience in managing large teams and projects in a fast-paced environment.

Benefits

• Healthcare plans
• Flexible spending and savings accounts
• Life, AD&D, and disability coverages
• 401(k) retirement plan with discretionary contributions
• Paid time off including vacation, personal days, and sick time
• Ten federal holidays and one floating holiday
• Parental leave
• Discretionary bonus program based on individual and firm performance