Senior Associate - Special Situations (NYC or Chicago)
Areté Capital Partners – Senior Associate (Special Situations)
COMPANY OVERVIEW
Areté Capital Partners is a boutique, special-situation advisory firm that provides independent fiduciary and stewardship services to companies experiencing significant growth pains, complex organizational change, or existential crisis. Additionally, Areté has the ability to invest capital up and down the capital structure in order to accelerate change, bet on ourselves and align the interests of all stakeholders. Our scope of work includes serving as Board Members, Interim C-Suite Management, Chief Restructuring Officer, and other operationally focused roles. The Areté team combines decades of professional experience across a multitude of sectors and situations, advising businesses during periods of distress and transition.
OPPORTUNITY
As a Senior Associate, you will serve as a central contributor on client engagements. Through regular exposure to both C-Suite clients and Areté leaders, you will develop critical skills and expertise. Senior Associates gain exposure to a variety of advisory engagements, which include but are not limited to:
Advising and operating companies in financial distress on behalf of stakeholders
Implementing operational improvements and strategic initiatives
Undertaking CFO office responsibilities to control company’s finance and treasury functions
Advising companies on securing third-party financing and optimizing capital structures
Performing financial analysis to aid in turnaround processes and investment decisions
RESPONSIBILITIES
Senior Associates are given significant responsibility and play a vital role in ensuring successful outcomes for our clients. Your involvement on projects will include, but are not limited to:
Analyzing current and historical business performance
Creating and executing long-term business plans to track performance, manage working capital, and implement cost reduction initiatives
Building and maintaining 13-week cash flow forecasts and 3-statement operating models
Leading sell-side execution initiatives and pushing sale processes to close
Reporting financial results both internally to client management teams and externally to boards, lenders and investors
Implementing cash conservation strategies
Developing investment memorandums via quantitative and qualitative analysis
EXPERIENCE / QUALIFICATIONS
Minimum of 3-5 years experience in restructuring advisory or investment banking, management consulting, distressed private equity, hedge fund, or management consulting
Finance, accounting, or economics degrees preferred. Masters/MBA will be an added advantage
Advanced experience building financial models, with an ability to build 13-week cash flow forecast and 3-statement financial models with limited oversight
Ability to decipher large, complex data sets and develop value added conclusions
Experience with acquisition processes and valuation analyses
Excellent verbal and written skills, with the ability to communicate across all levels of client personnel
Strong composure and maturity working in rapidly changing environments
Ability to work well both independently and as part of a team
Comfortable working in an environment that both values initiative, creativity, and professionalism
Team player with a strong work ethic and positive attitude
Willingness to travel