Managing Director, Turnaround & Restructuring Services

Responsibilities

• Work directly with senior personnel at Portage Point and our clients to develop comprehensive solutions to complex operational and financial challenges across the business lifecycle including formulating and implementing value creation and business transformation plans, contingency planning and bankruptcy preparation / execution
• Work with the Portage Point team of Associates to Managing Directors to lead execution of all deliverable workflows
• Assess organizational and individual structures and effectiveness
• Oversee liquidity management (cash flow forecasting, treasury operations and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting the development and formulation of business / restructuring plans
• Identify areas for operational improvements and cost reduction
• Review detailed financial projections and business plans
• Review executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations
• Structure and incorporate streamlined processes to improve efficiencies
• Identify and re-allocate resources to operational, growth, financial and strategic initiatives with highest risk adjusted return
• Present KPIs, financial performance, budget, board of director presentations, stakeholder presentations
• Lead various operational, financial and management meetings and key constituent communications / negotiations
• Contribute to the origination and selling of projects including experience pitching to or partnering with senior executives, private equity firms, lenders, lawyers and other related buyers
• Advise clients and makes decisions that demonstrate expertise, synthesizing the core drivers of both the clients’ business, situational analyses and the underlying complexity of the situation to maximize value
• Provide coaching and mentorship to junior team members
• Lead or support internal trainings and best practice sharing
• Lead business development and client relationship efforts
• Lead talent acquisition and firm-building initiatives
• Contribute to creating a high-performing and inclusive culture

Qualifications

• Bachelor’s degree from a top undergraduate program
• Located in or willing to relocate to Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, Palm Beach or Philadelphia
• Invested in a team-based culture, motivated to collaborate in office four days per week and willing to work at client sites as needed
• Significant experience in the areas of strategic, financial or operational consulting, investment banking, restructuring / distressed, private equity, lending and/or industry roles
• Proven leader in the delivery of high-value work that exceeds client expectations
• Demonstrated capability of developing new business transformation, restructuring and interim management
• Deep experience supervising other professionals and acting in a manner that serves to motivate, develop and bring out the best in others. Provides clear direction, coaching and mentoring to team members
• Mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysis
• Superior written and verbal communication skills, including executive-ready presentation and reporting skills
• Proven ability to thrive in lean, fast-moving teams…