Job Title:
Manager, Restructuring & Turnaround

Company: CR3 Partners

Location: New York City, NY

Created: 2024-05-07

Job Type: Full Time

Job Description:

CR3 Partners, LLC is a national turnaround and performance improvement firm. We assist, guide and collaborate with management teams facing any sort of transition, stress or distress. Whether outlining strategies to accelerate growth, improving an operating inefficiency, solving a working capital shortfall, providing urgent crisis management, or guiding a company through a bankruptcy, our seasoned team of executives will quickly assess, stabilize and implement the best options for each situation.Our team is relied upon by middle market companies nationwide who seek senior-level counsel, be it in an advisory or in a more structured interim management or CxO role. At CR3, we help our clients effect real change.About the RoleWe look for dedicated professionals who like to roll up their sleeves to effect change. You will have the opportunity to provide vital support and guidance to our clients on a wide array of challenging turnaround and performance improvement engagements. As a member of the CR3 team, you will work with talented and dedicated professionals who provide high-quality service to every client. Our team values communication, dedication, loyalty and good corporate citizenship.The ideal candidate for the Manager, Restructuring & Turnaround is a results-oriented professional who can analyze company financial information, develop financial models and lead workstreams within a turnaround or performance improvement engagement. This role requires a willingness to travel 80% + and ability to work with imperfect information in a fast-paced environment. This position is based in the New York City metro area. Your CredentialsAbility to develop a CR3 standard 13-week cash flow model and forecast cashAbility to develop a CR3 standard liquidation model and scenariosUnderstanding of GL structure: income statements and balance sheets and ability to forecastUnderstanding of standard costs/manufacturing variancesDevelop a Creditor Composition MatrixExcel skills with ability to build Excel modelsDevelop fact-based conclusions based on sound business judgement5-7 years of expertise in the turnaround field or industry middle managementAdvanced degree or certification preferredAbility to travel up to 80%How You'll Grow Your CareerThis is an outstanding opportunity for someone with sharp, proven finance skills who wants to elevate your career into a client-facing role. We operate in small teams, allowing hands-on experience and direct exposure to C-level management on critical projects across a variety of industries. Our projects are diverse and provide a front-row view to real-time decisions across company operations.At CR3, we acknowledge that our work directly impacts our clients' success. Although we are "in the arena" with our clients every day, we are humble enough to recognize that most of our clients are experiencing transition, stress or distress for the first time. Therefore, while we always base our recommendations and action plans on a combination of facts and experience, we always collaborate with our clients in creating those solutions. Finally, we communicate fully and frequently with all stakeholders so our clients and their constituents can see the road ahead.Our efforts at CR3 are reflected in the great words of Theodore Roosevelt who spoke at the Sorbonne in 1910 about "striving valiantly" and "daring greatly." In what is commonly referred to as the "Man in the Arena," he said: "The credit belongs to the main who is actually in the arena..." - Theodore Roosevelt.Are you ready to be in the arena?Our Benefits & CompensationOur employees at CR3 Partners are our most valuable asset and that is why we are committed to a comprehensive employee benefit program that helps our employees stay healthy, feel secure and maintain a work/life balance.Health, Dental, Vision Insurance; including HAS and company contributionLife insurance and Disability insuranceFlexible Spending Account401k Retirement Plan with company matchFlexible/Unlimited PTOMental health benefitsFlexible work scheduleCell phone reimbursementProfessional development and mentoring programsEducation and certification supportPerformance bonusesEarn and keep travel points and rewardsThe annual base salary range is $150,000 - $180,000, commensurate with experience. Additionally, CR3 offers a defined performance bonus.OMNI is honored to be retained by CR3 Partners for this search. We appreciate your suggestions or referrals to professionals who may have an interest in this outstanding opportunity. Formal interest accepted here or direct all inquiries to:OMNI Human Resource ManagementMichelle Anderson, VP of Executive Search - manderson@ | 913-653-8067OMNI and our clients are Equal Opportunity Employers and seek diversity in candidates for employment. EEO Employer W/M/Vet/Disabled/Sexual Orientation/Gender Identity.