Accordion
Director
Accordion, Chicago, Illinois, United States, 60290
There’s a better way to work in finance—and more specifically, a better way to unlock value potential in private equity-backed portfolio companies. Working at the intersection of sponsors and management teams across every stage of the investment lifecycle, our team provides hands-on, execution-oriented support to elevate the office of the CFO.So, what does it mean to work at Accordion? It means joining 1,000+ finance & technology experts in a high-growth, agile, and entrepreneurial environment while changing the way portfolio companies drive value. It also means making your mark on Accordion’s future—by embracing a culture rooted in collaboration and a firm-wide commitment to building something great, together.Accordion is headquartered in New York City with 11 offices around the globe. Join us!Our nationally recognized turnaround, restructuring and advisory team serves companies and their stakeholders across a wide spectrum of industries and sizes, with a focus on the middle market. We provide clients with a team of seasoned professionals who have notable track records of creating value through both operational turnarounds and financial restructurings.We are actively recruiting Turnaround & Restructuring professionals to join our team. You will provide extensive financial and operational support on client engagements across a variety of industries and markets; utilize experience and on-the-job training to successfully deliver reports, models, work product and advice that helps guide the direction and decisions related to client turnaround and/or restructuring objectives.This role can be based in any of our US office locations and is a hybrid role. Ideal candidates should be local to the desired location, with the flexibility to work remotely 2-3 days a week, blending the best of both worlds for efficiency and collaboration.What You’ll Do:
Lead and perform analysis of current and historical business performance and capital structureReview and provide feedback on business plan and projectionsDevelop 13-week cash flow forecasts that outline the liquidity profile and cash needsIdentify alternatives to enhance liquidity and working capital efficiencyCreate dynamic financial models that demonstrate the client’s historical and potential future performanceAssess and support the creation and preparation of corporate turnaround plans, including EBITDA enhancement, revenue generation, cost rationalization/expense reduction, asset utilization, etc.Provide implementation support to approved business plans and strategiesDevelop and guide execution of restructuring plans, including capital structuring/financing, stakeholder negotiation, etc.Develop and furnish appraisal of business options, in-court and out-of-court restructuring alternatives and contingency plans as neededAssist in bankruptcy preparation and administration (first day and other motions, schedules and statements, operating reports, plan of reorganization, disclosure statement, claims, etc.)Provide the day-to-day team management to ensure alignment between workplan execution and client expectations/deadlinesEngage with client personnel and management as necessary to achieve objectivesEffectively gather, analyze, and organize large data sets which may be incompleteLead and support the development of quality client deliverablesHelp establish priorities across multiple work streamsReview and guide analyses and work product of team membersProvide interim management support on operating functions and job duties as directedIdeally, You Have:
Bachelor’s degree in finance and/or accounting is preferredGraduate business degree with concentration in finance, accounting and/or operations preferredMinimum 8+ years of relevant professional work experience with 3+ years of restructuring experienceHands-on experience building / developing / maintaining fully dynamic, integrated 3-statement financial models, and 13-week cash flow modelsAdvanced proficiency in Microsoft Word, Excel and PowerPointAbility to build and sustain strong and trusted relationships with colleagues and stakeholdersDemonstrated expertise and aptitude with conducting quantitative and qualitative analyses, particularly with constructing integrated financial models, analyzing financial underperformance and related servicesExperience working on projects delivering independent business reviews, short term cash flow assessments, capital structure analysis and contingency planningCapacity to thrive in a fast-paced, challenging, and uncertain environmentDeep understanding of how to interpret and analyze financial statementsStrong analytical and business writing skillsAbility to develop the framework and take the lead on preparing reportsAbility to work well under pressure and independently yet understand when to ask for guidanceIdeally, You Are:
A self-starter with a strong work ethicA leader of others; you lead by exampleA strong team player, able to work with team members across all levelsAble to effectively communicate complex issues and solutions, and raise issues to senior team members when necessaryComfortable managing projects with multiple complex workstreams while also focused on your single workstream (you are managing and doing).Excited to be part of a growing team, with a focus on driving future growthFull of entrepreneurial spirit and comfortable in a fluid, flat organizationKnowledgeable about the relationship between Private Equity sponsors and their portfolio companiesPassionate about delivering exceptional client serviceSomeone who enjoys mentoring others and doing meaningful workWilling to get your hands dirty in the details of a project while simultaneously seeing the whole pictureWilling to travel according to client needsSalary: $180,000 - $200,000 + benefits + bonusActual compensation packages are determined by evaluating a wide array of factors unique to each candidate, including but not limited to skill set, years and depth of experience, education, certifications, cost of labor and internal equity.Accordion is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
#J-18808-Ljbffr
Lead and perform analysis of current and historical business performance and capital structureReview and provide feedback on business plan and projectionsDevelop 13-week cash flow forecasts that outline the liquidity profile and cash needsIdentify alternatives to enhance liquidity and working capital efficiencyCreate dynamic financial models that demonstrate the client’s historical and potential future performanceAssess and support the creation and preparation of corporate turnaround plans, including EBITDA enhancement, revenue generation, cost rationalization/expense reduction, asset utilization, etc.Provide implementation support to approved business plans and strategiesDevelop and guide execution of restructuring plans, including capital structuring/financing, stakeholder negotiation, etc.Develop and furnish appraisal of business options, in-court and out-of-court restructuring alternatives and contingency plans as neededAssist in bankruptcy preparation and administration (first day and other motions, schedules and statements, operating reports, plan of reorganization, disclosure statement, claims, etc.)Provide the day-to-day team management to ensure alignment between workplan execution and client expectations/deadlinesEngage with client personnel and management as necessary to achieve objectivesEffectively gather, analyze, and organize large data sets which may be incompleteLead and support the development of quality client deliverablesHelp establish priorities across multiple work streamsReview and guide analyses and work product of team membersProvide interim management support on operating functions and job duties as directedIdeally, You Have:
Bachelor’s degree in finance and/or accounting is preferredGraduate business degree with concentration in finance, accounting and/or operations preferredMinimum 8+ years of relevant professional work experience with 3+ years of restructuring experienceHands-on experience building / developing / maintaining fully dynamic, integrated 3-statement financial models, and 13-week cash flow modelsAdvanced proficiency in Microsoft Word, Excel and PowerPointAbility to build and sustain strong and trusted relationships with colleagues and stakeholdersDemonstrated expertise and aptitude with conducting quantitative and qualitative analyses, particularly with constructing integrated financial models, analyzing financial underperformance and related servicesExperience working on projects delivering independent business reviews, short term cash flow assessments, capital structure analysis and contingency planningCapacity to thrive in a fast-paced, challenging, and uncertain environmentDeep understanding of how to interpret and analyze financial statementsStrong analytical and business writing skillsAbility to develop the framework and take the lead on preparing reportsAbility to work well under pressure and independently yet understand when to ask for guidanceIdeally, You Are:
A self-starter with a strong work ethicA leader of others; you lead by exampleA strong team player, able to work with team members across all levelsAble to effectively communicate complex issues and solutions, and raise issues to senior team members when necessaryComfortable managing projects with multiple complex workstreams while also focused on your single workstream (you are managing and doing).Excited to be part of a growing team, with a focus on driving future growthFull of entrepreneurial spirit and comfortable in a fluid, flat organizationKnowledgeable about the relationship between Private Equity sponsors and their portfolio companiesPassionate about delivering exceptional client serviceSomeone who enjoys mentoring others and doing meaningful workWilling to get your hands dirty in the details of a project while simultaneously seeing the whole pictureWilling to travel according to client needsSalary: $180,000 - $200,000 + benefits + bonusActual compensation packages are determined by evaluating a wide array of factors unique to each candidate, including but not limited to skill set, years and depth of experience, education, certifications, cost of labor and internal equity.Accordion is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
#J-18808-Ljbffr