Restructuring and Turnaround Services Director - Detroit, United States - Riveron

Description

When faced with unexpected challenges or periods of distress, companies need to make fast, informed decisions and implement straightforward solutions to get back on track.

Our experienced professionals quickly stabilize the business, diagnose the issues, and create a strategic plan that will drive the best possible outcomes for the company and stakeholders.

Whether seeking to preserve capital, improve cash flow, or restore earnings, we draw on our proven solutions, industry depth, and operational expertise to implement the change our clients need.

Our Restructuring and Turnaround services include Performance Improvement, Restructuring & Turnaround Advisory, Interim Management, and Bankruptcy & Fiduciary.

Industries we serve include Aerospace, Defense, & Government Contractors, Automotive & Industrials, Business Services, Consumer Products & Retail, Energy, Engineering & Construction, Financial Services, Government, Municipal, & Education, Healthcare, Hospitality & Entertainment, Real Estate, Technology, Media & Telecommunications.

Who You Are:
Bachelor's or Master's in Accounting, Finance, Economics, or related field of study
Minimum 10 years of finance, accounting, or related experience
Experience related to direct cash flow forecasting that integrates with income statement and balance sheet, running sensitivity analysis, advanced financial analysis, and account reconciliation
Experience with automating processes, improving controls, valuation analysis of distressed companies using EBITDA multiples and discounted cash flow
Experience related to distressed companies' financial analysis/recommendation, bankruptcy/reorganization, and strategic growth consulting and analysis
You have a proven talent for sustaining long-term client relationships
You are skilled at leading and developing teams and individuals
You thrive in an ever-changing, dynamic work environment
You readily identify problems and instinctively look for solutions
You believe that exceeding client expectations and having fun at work are mutually dependent
You enjoy participating in internal and external company initiatives such as community service, training, recruiting, committees, conference panels, and firm events
You have the ability and desire to travel as required based on client location

What You'll Do:
Use functional leadership and expertise to provide solutions to interested parties in situations related to underperforming, distressed, or bankrupt businesses
Oversee development of financial analyses and deliver findings and recommendations to audiences including executive leaders, boards of directors, and lenders
Assist in developing engagement strategy and scoping client deliverables
Participate in determining project staffing levels, establish expectations for project team members, lead client communication, own project workstreams, and ensure deadlines are met
Provide guidance and issue resolution support to teams across multiple concurrent client engagements
Contribute actively to the development of people leaders into future practice leaders
Partner with the practice's executive leaders to conduct business development activities

The expected pay range for this position is $140,000 - $275,000 (exclusive of bonus, equity, or benefits for which this role may be eligible).

This range takes into account a variety of factors that are considered in making individual compensation decisions including but not limited to experience and training; skill sets; licensure and certifications; location and other business and organizational needs; and applicable laws.

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About Riveron:
At Riveron, you'll collaborate with multi-disciplinary teams to deliver meaningful solutions to a variety of clients, work alongside experienced leaders who are invested in your growth, and be part of an inclusive and vibrant community of individua