Restructuring and Turnaround Services - Manager

Riveron
United States, Michigan, Detroit
Nov 21, 2024
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 5 years of finance, accounting, or related experience Recent experience with 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 Advanced Excel experience, including conditional formatting, lookup formulas, pivot tables, protecting files, creating scenario and what-if analyses, modifying options, and applying data validation to worksheets You have a passion for developing and maintaining client relationships You get the job done and have fun doing it You readily identify problems and instinctively look for solutions You demonstrate analytical rigor and strong written and verbal communication skills You thrive in an ever-changing, dynamic work environment You enjoy participating in internal and external company initiatives such as community service, training, recruiting, and firm events You have the ability and desire to travel as required based on client location What You'll Do: Use financial and/or operational acumen to provide solutions to interested parties in situations related to underperforming, distressed, or bankrupt businesses Oversee research, data and financial analysis, and development of financial models, reports, presentations, and other client-facing deliverables Build financial models and evaluate financial statement information, including income statement, balance sheet, cash flow, and key operational data Own project workstreams and ensure deadlines are met Participate actively in the development of junior team members by providing coaching and performance feedback, and fostering a team-based working culture The expected pay range for this position is $100,000 - $180,000 (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. #LI-JS1 About Riveron: At Riveron, we partner with clients-from global multinationals to high-growth private entities-to solve complex finance challenges, guided by our DELTA values: Drive, Excellence, Leadership, Teamwork, and Accountability. Our entrepreneurial culture thrives on collaboration, diverse perspectives, and delivering exceptional outcomes. We are committed to fostering growth, both for our clients and our people, through mentorship, integrity, and a client-centric approach. This inclusive environment offers flexibility, progressive benefits, and meaningful opportunities for impactful work that supports well-being in and out of the office. Check us out on social media: LinkedIn Glassdoor Instagram Facebook Riveron Consulting is an Equal Opportunity Employer and believes that we are stronger together through our diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law. Fraud Alert Please beware of fraudulent schemes or impersonations when going through the job application process. A Riveron employee will never recruit via text or extend unsolicited employment offers. Additionally, a Riveron employee will never ask you to exchange money or purchase anything as part of the recruiting process.