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Director, Cost Optimization at Alvarez & Marsal Holdings, LLC

Posted in General Business 30+ days ago.

Type: Full-Time
Location: Chicago, Illinois





Job Description:

Alvarez & Marsal Private Equity Performance Improvement

Director: Cost Optimization / Performance Improvement / Cost Reduction / Cost Efficiency

Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Private Equity Performance Improvement (PEPI) - Cost Optimization team in various locations throughout the U.S. With more than 7,000 professionals based in 40 locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M's Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving private equity firms by improving operating results at their portfolio companies.

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our PEPI services include:


  • Cost Optimization

  • Rapid Results

  • CDD/Strategy

  • Interim Management

  • M&A Services

  • Supply Chain

  • CFO Services

A&M's Cost Optimization Program is a holistic, cross-functional approach that focuses on quickly identifying high impact opportunities for EBITDA and cash flow improvements across the entire cost structure. A&M's Cost Optimization focuses on driving significant improvements in cost structure by providing full transparency on cost and margin profiles, simplifying the business, streamlining the organization, and increasing efficiency of overhead spending. The Cost Optimization leadership team is focused on providing opportunities for leadership skill development, career advancement, training and exposure to challenging and diverse situations within the portfolio companies of our private equity clients.

Professional experience:


  • Leading teams through a time-sensitive project by structuring a performance improvement plan and managing the process through to completion

  • Identifying opportunities to significantly reduce cost structure by changing business leadership structure, sales and sales support staffing levels, business unit and functional management structure, and improvements to efficiency of all major back office functions

  • Implementing programs to reduce cost structure, including changes to roles and responsibilities, implementation of supporting processes, and execution of workforce reductions

  • Working with clients directly to implement strategic and operational recommendations

  • Hands on experience through consulting projects or engagement in several of the following areas

    • Direct, indirect, and labor cost transparency

    • Sales & Marketing effectiveness, processes, and incentives

    • Operations management, productivity, and efficiency

    • Organizational structure and effectiveness

    • Non-labor cost efficiency

    • Process improvement and performance management metrics / KPIs




Professional skills:

  • Strong written, oral and analytical skills

  • Strong Excel and PowerPoint skills

  • Structured project management (time, team and work-stream's management)

  • Initiative and drive

  • Critical thinking skills

  • Ability to deliver time-pressured project on-time and on-quality

  • Flexible and creative thinking

  • Client relationship building


Qualifications:

  • Experience with implementing cost reduction programs, organizational restructure, and / or cost structure improvements is required

  • Recent project leadership experiences

  • MBA from a top-tier school highly preferred

  • Flexibility to travel up to 80% of the time

  • Experience working with PE and/ or PE relationships a PLUS (personal or professional)

  • Experience working in both professional services and industry a PLUS

  • Depth in a particular industry vertical a PLUS (e.g., industrial, business services, distribution, consumer products and retail)


#LI-JB1

Diversity & Inclusion

A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative 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 we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Voluntary Inclusion

It is Alvarez & Marsal's policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.





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