Associate & Senior Associate

15 hours ago


Riyadh, Saudi Arabia Alvarez & Marsal Full time

Company Overview

Alvarez & Marsal (“A&M”) is a global consulting firm with more than $2+ billion in revenues, c.7000+ staff and over 70 offices around the globe and a broad range of professional services including Turnaround, Financial Restructuring, Transaction Advisory, Performance Improvement, Corporate Transformation, Financial Institutions Advisory, Tax, Valuations, and Disputes and Investigation Services.

A&M has successfully managed some of the largest restructuring situations in the world as well as preserving iconic brands through restructuring. We have earned multiple industry awards and our Restructuring team in the Middle East is highly respected. Our team focuses on big ticket company side assignments in addition to Chief Restructuring Officer (CRO) /CEO/ CFO appointments. Within the last few years, we have delivered on some of the Middle East’s largest restructuring cases such as NMC Healthcare, and numerous high-profile but confidential situations. AM's involvement in turnaround and restructuring situations reassures creditors and shareholders that the company is taking important steps to address its problems and maximise its value.

A&M Culture

A&M is a fast-paced environment with a highly dynamic culture which emphasizes diversity and inclusion. We empower, coach and mentor future leaders and endorse meritocracy to develop skilled consultants who deliver tangible results and build long-lasting relationships. Our entrepreneurial culture celebrates independent thinkers and doers who positively impact our clients and shape our industry.

The collaborative, supportive environment, and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means just that-we embrace diversity and foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

The Team

A&M has attracted top performers at every experience level from our competitor firms. We are expanding our practice in the Middle East and are seeking talented, entrepreneurial people who are interested in developing their careers in the Turnaround & Restructuring space.

Our highly experienced teams thrive in critical situations where clients are looking to respond to external changes such as competitor dynamics or industry disruption. We work with sovereign wealth and private equity funds, government ministries and bodies, and corporations across multiple industries including financial services and investment companies, healthcare and pharmaceuticals, industrials and manufacturing, and real estate and hospitality amongst others.

The Role

We are looking for Associates and Senior Associates to join our Riyadh office. Working with some of the brightest and most experienced practitioners in the industry, you will undertake financial and operational analysis, plan and execute turnaround programs and navigate complex financial restructuring situations. You will have the opportunity to take your career to the next level by gaining invaluable experience across industries and sectors on a variety of interesting and critical projects.

As an Associate or Senior Associate, you will independently develop ideas and solutions to address the client’s issues and begin to own workstreams with oversight and support as and where required. As part of a team, you will be working closely with many experienced professionals who will provide you with developmental feedback and growth opportunities.

Examples of the types of projects you would be expected to work on include:
- Turnaround diagnostic and execution- Balance sheet restructuring- Liquidity management and short-term cash flow forecasting- Preparation and validation of business plans- Independent business reviews- Working capital management- Cost reduction- Being part of an interim management team

The Responsibilities- Quickly understand a client’s rapidly changing situation to enable the development of sustainable solutions / options for businesses and their stakeholders- Offer critical assistance to companies that are under-performing or experiencing a liquidity crisis- Work directly with company management and help to stabilise and improve financial and operational performance- Work with Senior Directors and Directors to deliver Middle East and International client projects through the management of multiple workstreams- Support business development activities including the creation of client pitches and proposals to win new mandates

The Requirements- Chartered Accountant, CFA or similar with a robust understanding of financial statements- Ability to perform insightful financial analysis- Minimum of three years of turnaround / restructuring experience preferably from a Big 4 accounting firm or a top tier advisory firm- Well-developed communication skills an



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