Senior Director, Turnaround & Restructuring

Ankura is a team of excellence founded on innovation and growth.

This position supports the Ankura Turnaround & Restructuring practice - one of five business groups providing client delivery services across the Firm.

Ankura’s professionals have diverse backgrounds and varied experience including transformation, performance improvement, consulting, restructuring, accounting firms and public/private industries. Our professionals are trusted advisors who work collaboratively and in a very measured and expedient way to maximize value for our clients. We are experts known for leading challenging processes and bringing together disparate stakeholder groups.

Role Overview

The Turnaround & Restructuring team works with healthy, under-performing and distressed companies across a variety of urgent, high impact situations. The team helps our clients navigate periods of change or growth and deliver significant improvement in business performance and enterprise value by providing hands on expert level support and advice.

Our team offers financial, operational and commercial insights to special situations in order to deliver significant improvement to both balance sheet and P&L. We aim to create, protect and recover value by understanding the key business and organizational challenges or growth objectives, identifying tailored solutions, and supporting in the implementation of change initiatives to drive a successful outcome.

Suitable candidates for this position will have a strong suite of strategy, consulting and hands-on operational experience; you will be working alongside experienced staff with practical, real-world experience that can swiftly identify opportunities and real issues.  Experience taking interim roles would be of an advantage.  

Requirements

• Master’s degree and / or an MBA, and/or evidence of a strong academic record.
• A degree in Business, Finance or Engineering is preferable but not essential.
• Extensive and relevant experience with a mix of consulting / advisory and industry gained in Big 4, boutique consulting or strategy house.
• Experience in both Financial Restructuring and Operational Restructuring / Transformation, or either of these:
  • Delivering transformation, turnaround and restructuring programs across multiple markets and industries.
  • Ability to manage complex projects and multiple stakeholders either in a PMO function or part of a wider transformation office setup.
• Demonstrable experience of developing business plan and restructuring options.
• Identifying turnaround and value creation initiatives
• Proven experience leading debt restructuring transactions and discussions with lenders, and delivering large scale transformation, turnaround and restructuring programs across multiple markets and industries.
• Experience developing new propositions and strong network to leverage when building team to deliver on the ground.
• Understanding and experience of identifying and implementing levers to improve performance. Including but not limited to - cost reduction, organization health & redesign, supply chain & procurement, Growth strategies and market analysis, cash and working capital management and optimization, manufacturing optimization, PMI and carve-outs, process mapping and redesign and strategic and business planning.
• Demonstrable track record in achieving implementation oriented, qualitative solutions in multiple workstreams.
• Deep understanding of business issues and the ability to communicate them effectively to team leaders and clients.
• Willingness to build professional and personal growth by working in high-impact situations under time-pressure.
• True passion for achieving ambitious results.
• Outstanding analytical and critical thinking skills along with strong financial literacy and modelling.
• Excellent relationship management with c-suite stakeholders while achieving results.
• Excellent written, verbal, organizational, and executive-level presentation skills.
• Fluency in English is essential; knowledge of an additional languages (including Arabic) would be advantageous.
• Willingness to travel and work outside normal business hours as unique projects/needs arise.

Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email [email protected] or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.