Job Information
Alvarez & Marsal Private Equity Performance Improvement Group, LLC Director, Private Equity Investment Management Advisory (OPEN TO ALL US LOCATIONS) - 202402091-OTHLOC-Cq2bYfwl in Dallas, Texas
Description
Private Equity - Director
Fund Management Advisory
OVERVIEW
AandM Fund Management Solutions works with private equity managers and provides our clients with solutions to optimize the operations of their businesses. Our goal is to improve efficiency and reduce risk around the non-investing aspects of business performance, and to provide benefits through hands-on involvement in our clients' operations. Our job is to support PE firms to enhance and optimize how their operations function.
Fund Management Solutions, a service line of CFO Services, provides the following pillar of services :
- Strategic Analytics and Planning
- Performance Measurement and Management (Funds and Management Company)
- Business Transformation
- Interim Management
- Investor Reporting
- Valuation
- Treasury Functions
- Operational Review and Improvement (e.g., HR, Administration, Technology and Insurance)
PROFESSIONAL EXPECTATIONS:
Data Collection, Validation and Analysis
- Guide team members in information gathering approach and ensure all relevant sources of information are pursued
- Guide and lead client interviews, ask inquisitive questions and understand different stakeholders' perspective
- Identify knowledge gaps, guide the team to challenge status quo, validate, disprove and/or develop better assumptions
- Identify key business challenges, pinpoint financial/accounting/operations process inefficiencies, and assess the organization's design, roles and team
- Ensure issues and opportunities are clearly and concisely presented
- Understanding accounting and finance process flows and how information is consolidated into the general ledger to ensure improvement and value creation
Project Management and Implementation
- Ability to lead components of projects with multiple service lines and ability to lead smaller projects independently
- Proactively manage client's expectations and minimize risks and negative impacts on project
- Develop straightforward actionable plans and lead individual workstreams independently
- Ability to own and complete a workstream based on the pillars of services Fund Management Solutions provides
- Ensure that project approach, timeline and deliverables are logical, reasonable, and accurate
- Anticipate risks and obstacles early on, create contingency plans and communicating timely with client
- Engage and work collaboratively with senior management; ability to obtain buy-in from senior management / board members on actionable plans
- Set and communicate client's expectation consistently
- Lead actionable plans (e.g., create initiatives to optimize processing new investment and realizations, instill a process-oriented culture, improve transparency in processes and organizations)
- Identify risks and obstacles early on, create contingency plans and communicating timely with client
- Ability to identify and advise where the pillars of services Fund Management Solutions provides are not functioning
Leadership
- Leverage previous experience to guide and promote team to think innovatively
- Take accountability for both client and team identified issues
- Build complimentary teams using individuals' talents and capabilities
Financial Acumen
- Ability to build and review various financial models, provide valuable financial analysis and evaluate accounting treatments
- Ability to provide valuable insight and improvement initiatives to senior management and board members
ACCREDITION/EXPERIENCE:
- 10-15 years of experience related to: Accounting / Finance, Financial Due Diligence, Investment Banking or Private Equity with experience at a fund/asset manager or equivalent business strongly preferred
- Graduate of accredited 4-year college / university with educational concentration in relevant areas (accounting, finance, economics) referred but not required
- CPA, CFA, or Master's Degree Preferred but not Required
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The salary range is $190,000-$225,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, AandM offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez and Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, ADandD, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez and Marsal. Additionally, employees are eligible for 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. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding AandM's benefits programs.
Alvarez and Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity