Senior Director, Turnaround and Restructuring at Ankura

Frankfurt, Hesse, Germany -

Full Time

Start Date

Immediate

Expiry Date

12 Apr, 26

Salary

0.0

Posted On

12 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Restructuring, Financial Analysis, Corporate Finance, Restructuring Concepts, Quantitative Skills, Analytical Skills, Modelling Skills, Project Management, Stakeholder Management, Business Development, Communication Skills, Interpersonal Skills, Emotional Intelligence, Negotiation Skills, Leadership Skills, Operational Performance

Industry

Business Consulting and Services

Description

Ankura is a team of excellence founded on innovation and growth. This position supports the Ankura Turnaround & Restructuring practice - one of six practices focused on client delivery services across the Firm. Practice Overview When a company is experiencing financial or operational challenges our Turnaround & Restructuring (‘T&R') practice works with management to provide the level of stability required to successfully deal with the issues at hand. By quickly assessing the situation, to develop and implement a bespoke plan, we provide strategic advice to companies’ boards and investors. Our interventions maximise recoveries among stakeholders and help clients to navigate financial, operational, or strategic challenges which are often incredibly complex and multi-faceted. Ankura’s EMEA T&R practice launched in 2021 with the recruitment of a group of senior practitioners from a variety of industry-leading T&R Firms. This team complements 300+ restructuring professionals globally and a further 2,000 professionals across the wider Ankura business. With ambitious growth aspirations, we are recruiting an experienced, driven Senior Director to our team and are looking for someone who is entrepreneurially minded and wants to progress their career in the operational turnaround and corporate restructuring market. The difference you will make: Joining a team which helps businesses to address their most complex and pressing concerns - working hand in hand with the decision makers of our clients, using some of the most advanced analytics, tools, and techniques Working alongside respected leaders in the restructuring community, you will continually be exposed to learning and development opportunities to further develop your technical understanding and experience as you assist companies from a variety of sectors and industries through decisive changes around the globe Execute critical project deliverables to ensure these objectives are met on-time, with the highest quality Bring ideas, new opportunities, and unique ways to solve challenges and reach our shared goals Dedicate time to further develop and deepen Ankura’s expertise in T&R, as well as leading and supporting Ankura Senior Managing Directors in business development initiatives Responsibilities: The primary responsibilities of a Senior Director involve organising project work streams, achieving engagement objectives and assisting with business development Financial Analysis: Analyse financial statements, operational data, and liquidity positions to assess a company’s financial health Develop integrated financial models, including cash-flow forecasts, restructuring scenarios, and recovery analyses Develop and execute restructuring plans, including debt restructuring, refinancing, cost-optimization programs, and liquidity improvement initiative Prepare high-quality presentations, reports, and stakeholder materials for lenders, investors, and senior management Support negotiations with creditors, banks, investors, and other external stakeholders during restructuring processes Conduct assessments of business plans, turnaround strategies, and operational performance Monitor ongoing performance and provide recommendations to improve financial stability Collaborate closely with cross-functional teams, including legal, operations, and corporate finance Responsible for discrete deliverables within a project, with mentorship from senior team members Direct roles for developing meaningful and trust-based relationships with clients and the wider Ankura firm Engage in business development activities through client interactions and participation in industry events Contribute to Ankura’s T&R growth in operational and financial restructuring through active case work, client relations, and creating valuable ideas and products. Requirements: Extensive work experience gained in any combination of Financial Restructuring, strong knowledge of financial analysis, corporate finance and restructuring concepts A degree in Business, Finance or Engineering, and/or a financial qualification such as CFA, ACA, ACCA is preferable but not essential Strong quantitative, financial, analytical and modelling skills Ability to manage complex projects and multiple stakeholders as part of a wider transformation / restructuring Experience of developing business plans, financial projections, and identifying / implementing restructuring solutions; experience of valuation theory, methodologies, and applications Experience of actively managing multiple client and stakeholder relationships and networking within the client organisation to understand their needs and help influence the client agenda Strong work ethic, capable of working at pace and performing in an unstructured environment along with being a collaborative team player with positive attitude, high ethical standards, contributing to an inclusive environment Excellent verbal and written communication skills in German and English (additional language would be advantageous) in addition to a strong presence and leadership skills Powerful interpersonal skills and high level of emotional intelligence to partner with executive management teams and passion for enabling leaders to drive change within organisations Relevant experience in a Big 4 firm, investment banking, restructuring consultancy or relevant industry experience would be highly beneficial Willingness to travel nationally and internationally and work overtime as needed. Due the nature of our client work it is essential that candidates are fluent in both German and English. 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 accommodations@ankura.com 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. Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. The Ankura team consists of more than 2000 professionals serving 3,000+ clients across 55 countries who are leaders in their respective fields and areas of expertise. Collaborative Lateral Thinking That Deliversᵀᴹ, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Valueᵀᴹ. For more information, please visit, ankura.com.

Responsibilities

The Senior Director will organize project work streams, achieve engagement objectives, and assist with business development. Responsibilities include financial analysis, developing restructuring plans, and collaborating with cross-functional teams.