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Senior Associate, Restructuring Unsecured Creditors Committee

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Alvarez & Marsal
Full Time position
Listed on 2025-12-01
Job specializations:
  • Finance & Banking
    Corporate Finance
Job Description & How to Apply Below

Senior Associate, Restructuring Unsecured Creditors Committee

Join to apply for the Senior Associate, Restructuring Unsecured Creditors Committee role at Alvarez & Marsal.

Overview

Alvarez & Marsal is a global consulting firm focused on turnaround management, restructuring, performance improvement, and corporate advisory services. As a premier independent firm, our Restructuring & Turnaround practice is recognized as one of the largest and most established in the industry.

Responsibilities
  • Work closely with companies across a variety of industries to help underperforming businesses navigate their restructuring process.
  • Advise on every aspect of the restructuring process – strategy, cash conservation/liquidity management, business plan development and implementation.
  • Build and manage a 13-week cash flow forecast; develop a liquidation analysis for feasibility of a Plan of Reorganization.
  • Assist clients in creating a long-term business plan to track and manage performance, working capital, and implement cost reduction initiatives.
  • Implement cash conservation strategy and controls.
  • Develop pre-bankruptcy plans and assist with bankruptcy case administration, supporting creditor constituents and preparing bankruptcy documents.
  • Support marketing initiatives by assisting with pitch preparation.
  • Lead a work stream within a project and coach and mentor junior resources.
Qualifications
  • At least 6+ years of work experience in corporate restructuring, investment or commercial banking, and/or consulting or corporate positions with a financial or accounting focus, with 4+ years of direct restructuring experience.
  • BA/BS degree and/or MBA/MS in Accounting, Finance or related analytical fields.
  • Advanced Microsoft PowerPoint, Excel and Word skills.
  • Professional certifications such as CTP, CIRA, CPA, CFA or progress toward such certifications preferred.
  • Understanding of Chapter 11 proceedings and experience building financial models including 13-week cash flow forecasts and 3-statement models.
  • Excellent organizational, problem‑solving, verbal and written communication skills.
  • Commitment to Alvarez & Marsal’s cultural values: integrity, leadership, objectivity, inclusive diversity, and fun.
  • Team player capable of thriving in a fast‑paced, entrepreneurial environment.
  • Willingness to travel up to 100%.
Benefits

We offer a comprehensive benefits package including health, dental, vision, life, disability, retirement savings, paid time off and other employee resources. Full details are provided upon request.

Equal Opportunity Employer

Alvarez & Marsal is an equal‑opportunity employer. We provide and promote employment without discrimination on the basis of race, color, creed, religion, national origin, citizenship status, sex, gender identity, sexual orientation, marital status, military service, disability, family medical history, genetic information, or other protected characteristics in accordance with applicable laws. Please contact our HR department for more information.

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Position Requirements
10+ Years work experience
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