Director, Turnaround & Restructuring

About Ankura

Ankura is a team of excellence founded on innovation and growth. This position supports the Ankura Turnaround & Restructuring practice - one of seven practices focused on client delivery services across the Firm. Ankura's professionals have diverse backgrounds and varied experience including transformation, performance improvement, consulting, restructuring, accounting firms, and public/private industries. Our professionals are trusted advisors who work collaboratively and in a very measured and expedient way to maximize value for our clients. We are experts known for leading challenging processes and bringing together disparate stakeholder groups.

Role Overview

The Turnaround & Restructuring team works with healthy, under-performing, and distressed companies across a variety of urgent, high-impact situations. The team helps our clients navigate periods of change or growth and deliver significant improvement in business performance and enterprise value by providing hands-on expert level support and advice. Our team offers financial, operational, and commercial insights to special situations in order to deliver significant improvement to both balance sheet and P&L.

We aim to create, protect, and recover value by understanding the key business and organizational challenges or growth objectives, identifying tailored solutions, and supporting in the implementation of change and restructuring initiatives to drive a successful outcome.

Requirements

1. Education: Master's degree and/or an MBA, and/or evidence of a strong academic record. A degree in Business, Accounting, Finance, or Engineering or equivalent.
2. Experience: Relevant experience with a mix of consulting/advisory and industry experience gained in Big 4, boutique advisory house, or a strategy house.
3. Skills:
   1. Experience in Financial Restructuring, Performance Improvement, and Value Creation
   2. Operational Restructuring/Transformation
   3. Delivering transformation, turnaround, and restructuring programs across multiple markets and industries.
   4. Ability to manage complex projects and multiple stakeholders as part of a wider transformation/Restructuring office setup.
   5. Demonstrable experience of developing business plans, financial projections, and identifying/implementing restructuring solutions.
   6. Experience of identifying and implementing levers to improve performance, including but not limited to:
      • Cost reduction
      • Organization health & redesign
      • Supply chain & procurement
      • Growth strategies and market analysis
      • Cash and working capital management and optimization
      • Manufacturing optimization
      • PMI and carve-outs
      • Process mapping and redesign
      • Strategic and business planning
   7. Demonstrable track record in implementing qualitative solutions in multiple workstreams.
   8. Deep understanding of business issues and the ability to communicate them effectively to team leaders and clients.
   9. Willingness to build professional and personal growth by working in high-impact situations under time-pressure.
   10. True passion for achieving ambitious results and working as part of a team.
   11. Outstanding analytical and critical thinking skills along with strong financial literacy and modelling.
   12. Excellent written, verbal, organizational, and executive-level presentation skills.
   13. Fluency in English is essential; knowledge of additional languages (including Arabic) would be advantageous.
   14. Willingness to travel as unique projects/needs arise.

Equal Opportunity

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.