Associate / Senior Associate - Special Situations (NYC, Chicago, or Atlanta)
Title: Associate/Senior Associate – Special Situations
Start Date: ASAP
Location: New York City, Chicago, Houston/Dallas, Atlanta/Miami/Charlotte
COMPANY OVERVIEW
Areté 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. 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
- Reporting financial results both internally to client management teams and externally to boards, lenders and investors
- Implementing cash conservation strategies
- Developing presentation materials via quantitative and qualitative analysis
EXPERIENCE/QUALIFICATIONS
- Minimum of 3-5 years of experience in restructuring advisory or investment banking, 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