Senior Associate: Operations Group/Transformation Services (OPEN TO ALL U.S. LOCATIONS)

Overview

This role supports delivery of transformation and performance improvement engagements for private equity portfolio companies, working closely with Private Equity leadership to identify, design, and implement business solutions.

Open to all U.S. locations.

Responsibilities

• Assist with delivery of large, complex client engagements by working closely with Private Equity leadership.
• Structure and manage time-sensitive performance improvement plans through completion.
• Identify opportunities to significantly reduce cost structure by changing business leadership structure, sales and sales support staffing levels, business unit and functional management structure, and improving efficiency of major back-office functions.
• Synthesize insights from data, opinions, and facts to enhance EBITDA and operating efficiencies.
• Implement programs to reduce cost structure, including:
  • Changes to roles and responsibilities
  • Implementation of supporting processes
  • Execution of workforce reductions
• Develop findings and make strategic recommendations.
• Gain hands-on experience through consulting projects or engagement in at least two of the following areas:
  • Margin management, pricing, product rationalization
  • Sales & operations planning
  • Sourcing and global supply chain
  • Organizational structure and effectiveness
  • Non-labor cost efficiency
  • Process improvement and performance management metrics / KPIs
  • SG&A cost reduction
  • Working capital and cash management

Qualifications

• Bachelor’s degree.
• 4-7 years of professional industry or consulting experience implementing operating expense cost reduction programs.
• Depth in a particular industry vertical is a PLUS (e.g., industrial, business services, distribution, consumer products and retail).

Compensation & Benefits

• Salary range: $100,000--$170,000 annually, dependent on education, experience, skills, and geography.
• Discretionary bonus program, based on factors including individual and firm performance. Ask recruiter for details.
• Full-time positions and part-time positions over 30 hours.
• Regular employees working 30 or more hours per week may participate in fringe benefits including:
  • Healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages (rates determined from time to time)
  • 401(k)-retirement plan with a discretionary contribution (eligibility requirements apply)
  • Paid time off, including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave
  • Vacation and personal days vary based on tenure and role type

Additional Information

• Alvarez & Marsal recruits on an ongoing basis; candidates are considered as they apply until the opportunity is filled.
• The organization does not require or administer lie detector tests as a condition of employment or continued employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment; violations may result in criminal penalties and civil liability.