Turnaround & Restructuring Senior Vice President

At AlixPartners, we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honoring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.

AlixPartners Turnaround and Restructuring practice is widely recognized by corporations, executives and restructuring professionals as the standard for preserving value in urgent situations. We have advised management, investors, and creditors around the world on many of the largest and most high-profile bankruptcies and restructurings over the past 40 years. Today, we are a leading global provider of turnaround and restructuring services, helping companies across a wide spectrum of activities reach their financial goals.

AlixPartners has embraced a hybrid work model to provide flexibility and support our employees’ work-life integration.  Our hybrid model combines a mix of in-person (at client site or AlixPartners office) and remote working.  Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.

What you’ll do

Our seasoned professionals are distinctive, leveraging their skills and experience to create measurable, improved outcomes for our clients. Our Turnaround and Restructuring (TRS) Vice Presidents join a team of AlixPartners professionals providing business, financial and strategic consulting advice to companies that are underperforming, or which require critical solutions to complex problems. In this interesting and challenging role, you will make an impact by helping clients effectively address their challenges and support organizational excellence in ‘high stakes’ situations. 

The TRS Senior Vice President role is an experienced level position that supports one or more client engagement teams. A TRS Senior VP will have direct restructuring advisory and/or distressed debt portfolios experience coupled with strong financial and analytical skills. In addition to strong data management, interpersonal, writing, and communication skills and executive presence, the TRS Senior Vice President is expected to have hands-on experience building / developing integrated 3-statement financial and 13 week cash flow models.  Ability to lead clients and engagement teams through challenging in-and-out of court turnaround and restructuring situations and willingness to undertake extensive travel is required. At times, long hours during the week and on weekends, due to client demands, may be necessary.

Preferred location is New York, Dallas, Houston or Chicago. Paid relocation is not available.

This description is not designed to encompass a comprehensive listing of required activities, duties or responsibilities.

What you’ll need

• Minimum 6 years of relevant restructuring / distressed experience in a professional service or consulting firm environment required. 8 or more years preferred.
• Advanced degree(s) and applicable professional certification(s) are preferred.
• Track record of consistently delivering high-value work to meet client’s needs.
• Understands objectives and integrates individual work stream(s) into multiple projects. Adjusts work stream goals to the broader context of the project.  Leads small projects or multiple work streams of large projects.
• Experience supervising other professionals and acts as a positive role model and is seen as motivating to others. Gives clear direction to the team and executes projects according to established team norms, defined roles, and expectations; coaches and develops direct reports. Capitalizes on the strengths of each team member on projects.
• Makes decisions and advises the client using advanced understanding of the core drivers of a client’s business. Knows how to leverage expertise in a business context to be impactful.
• Uses a systematic approach to quickly and logically identify issues across situations. Examines issues thoroughly and holistically. Brings in the appropriate experts when needed.
• Strong financial analysis and modeling skills. Solid understanding of financial statements.
• Advanced written communication skills, able to prepare well laid out, easily understood analysis and presentations. Articulately communicates information in English and adapts effectively to the audience. Delivers influential client communications with clarity and confidence.
• Advanced Microsoft Excel, PowerPoint and Word skills.
• Builds relationships with clients and peers.
• Able to work independently. High energy style, flexible and adaptive, works well in a very fast paced environment.
• Willingness to work outside of normal U.S. business hours, and in particular as unique projects/needs arise.
• Excellent written and verbal communication skills in English.
• Willingness to work outside of normal U.S. business hours, and in particular as unique projects/needs arise.
• Ability to work full time in an office and remote environment; physically able to sit/stand at a computer and work in front of a computer screen for significant portions of the workday
• Must become familiar with, and promote and abide by, our Core Values as defined by the AlixPartners’ Code of Conduct and foster an inclusive environment with people at all levels of an organization

The firm offers a comprehensive benefits program including health, vision, dental, disability, 401K, tuition reimbursement, identity theft protection, and mental wellness support. Employees will also receive a generous paid leave policy.  

The salary range for this role takes into account a number of factors and is between $175,000/year - $275,000/year with potential eligibility for annual discretionary bonus.

AlixPartners is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability. AlixPartners is a proud Silver award-winning Veteran Friendly Employer.

AlixPartners is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability. AlixPartners is a proud Silver award-winning Veteran Friendly Employer.

This job will remain posted until MM/DD/YYYY