At a Glance
- Tasks: Lead impactful turnaround projects and drive positive change for clients in crisis.
- Company: Join AlixPartners, a top-tier firm known for solving complex challenges.
- Benefits: Enjoy flexible work options, health benefits, and a supportive environment.
- Why this job: Make a real difference in companies' futures while growing your career.
- Qualifications: Experience in restructuring, strong financial analysis skills, and a degree.
- Other info: Collaborative culture with opportunities for professional development and travel.
The predicted salary is between 72000 - 108000 £ per year.
At AlixPartners we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honouring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone. AlixPartners has embraced a hybrid work model to provide flexibility and support our employees’ work‑life integration. Our hybrid model combines a mix of in‑person (at client site or AlixPartners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.
We are in an increasingly busy restructuring market and our Turnaround & Restructuring Services practice has ambitious growth plans - this has created opportunities for individuals from a range of backgrounds. Composed of the most respected financial restructuring professionals in the industry, AlixPartners is widely recognised for its long and successful record in helping its clients resolve urgent situations and implement rapid change. We have deep expertise across the entire turnaround lifecycle, with our three main service offerings being:
- Company Advisory & Interim Management: Working closely with management teams to quickly stabilise crisis situations, protect their position and that of other investors, and deliver optimal outcomes.
- Creditor Advisory: We rapidly assess situations, working closely with creditors and the management teams of their borrowers to review performance and develop strategies to protect creditors’ positions and deliver optimal outcomes in the most stressed and distressed situations.
- Contingency Planning & Insolvency: We work closely with clients to preserve value by implementing solutions using formal UK and international restructuring tools and most importantly, our practical expertise.
What you’ll do
We now have opportunities in London for VPs who have experience working for clients in one or more of the above areas. Whilst we expect our VPs to contribute to projects in each of the above areas, it is possible to specialise as your career progresses. We are looking for smart, pragmatic and results‑focused individuals, who can operate on a range of UK based as well as international engagements. We are keen to attract people who can contribute to AlixPartners’ enviable reputation for driving positive change for the immediate and long‑term success of our clients. VPs are involved in a range of engagements supporting the project team in dealing with clients in a ‘hands‑on’, professional and energetic manner. They collaborate with colleagues across the world as well as engage with, and promote, the firm’s broader capabilities.
What you’ll need
Successful candidates will be able to demonstrate the following:
- Relevant and hands‑on project management experience in restructuring gained in restructuring advisory, consulting, private equity, banking or industry.
- University degree or relevant school‑leaver‑programme experience, ideally as well as a post graduate qualification (eg. ACA/ACCA).
- Demonstrable experience in some of the following situations is essential:
- Financial turnaround programmes
- Cash and working capital management
- Building, reviewing and maintaining short‑term cash flow models
- Formulating, reviewing and analysing business plans and financial forecasts
- Supporting Chief Restructuring Officer roles
- Balance sheet restructurings
- Options analysis
- Contingency planning
- Schemes of Arrangements / Restructuring Plans
- Trading Administrations
- Insolvency case management and progression
- Independent business reviews
- Distressed sales
- Company Voluntary Arrangements (CVAs)
Skills & Competencies
- Strong financial analysis and modelling skills with a solid understanding of financial statements.
- A track record of consistently delivering high‑value work to meet client needs.
- Experience of supervising other professionals, acting as a positive role model and able to motivate others.
- Strong interpersonal skills, including giving clear direction to the team; executing projects according to established team norms, defining roles, and expectations; coaching and developing direct reports; and capitalising on the strengths of each team member on projects.
- Use of a systematic approach to quickly and logically identify key issues and examining those issues thoroughly and holistically to formulate appropriate solutions.
- Advanced written communication skills, able to prepare well laid out, easily understood analysis and presentations.
- Articulate communication of information, with audience‑appropriate adaption.
- Delivery of influential client communications with clarity and confidence.
- Advanced Microsoft Excel and PowerPoint skills.
- Ability to build relationships with clients and peers.
- Ability to work both collaboratively and independently, with the high‑energy, flexibility and adaptability required to work effectively in a fast‑paced environment.
- Excellent written and verbal communication skills in English. Additional languages will be an asset.
- Willingness to work outside of normal business hours, and in particular as unique projects/needs arise.
- Ability to work full time in an office and remote environment.
- Must become familiar with, and promote and abide by, our Core Values as defined by the AlixPartners’ Code of Conduct and foster an inclusive environment with people at all levels of an organisation.
The firm offers market‑leading benefits that provide flexible options to support our employee’s needs including health benefits to help prioritise their physical and emotional well‑being, time‑off policies to help to recharge and financial/ retirement benefits that offer income protection and support long‑term planning. The benefit type and level differ per location. AlixPartners is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other characteristics, race, religion, gender, national origin, age, marital status, veteran status or status as an individual with disability.
Turnaround & Restructuring - Vice President in London employer: AlixPartners, LLP
Contact Detail:
AlixPartners, LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Turnaround & Restructuring - Vice President in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that VP role at AlixPartners.
✨Tip Number 2
Prepare for those interviews by practising common questions and scenarios related to turnaround and restructuring. We want you to showcase your hands-on experience and problem-solving skills, so get ready to share specific examples from your past work.
✨Tip Number 3
Show off your financial analysis skills! Brush up on your Excel and PowerPoint abilities, and be prepared to discuss how you've used these tools in previous roles. We love candidates who can present complex data clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AlixPartners and contributing to our mission of driving positive change.
We think you need these skills to ace Turnaround & Restructuring - Vice President in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Vice President in Turnaround & Restructuring. Highlight your relevant experience in financial turnaround programmes and project management, showcasing how you've delivered high-value work in similar situations.
Craft a Compelling Cover Letter: Your cover letter should tell your story! Explain why you're passionate about restructuring and how your skills align with AlixPartners' mission. Be sure to mention your hands-on approach and ability to drive positive change.
Showcase Your Skills: Don’t forget to highlight your advanced financial analysis and modelling skills. Use specific examples to demonstrate your expertise in cash flow management and business plan analysis, as these are key for the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining our team at AlixPartners!
How to prepare for a job interview at AlixPartners, LLP
✨Know Your Stuff
Make sure you brush up on your financial analysis and restructuring knowledge. Be ready to discuss specific turnaround programmes you've worked on, as well as your experience with cash flow management and business plans. This will show that you’re not just familiar with the concepts but have practical experience.
✨Showcase Your Leadership Skills
As a VP, you'll be expected to lead and motivate teams. Prepare examples of how you've supervised professionals in the past, highlighting your ability to coach and develop others. This will demonstrate your capability to manage projects effectively and inspire your team.
✨Communicate Clearly
Practice articulating complex financial concepts in a way that's easy to understand. You might be asked to present your ideas or analyses, so being able to communicate clearly and confidently is key. Use examples from your past experiences to illustrate your points.
✨Embrace the Hybrid Model
Familiarise yourself with the hybrid work model that AlixPartners promotes. Be prepared to discuss how you can adapt to both in-person and remote working environments. Highlight any previous experience you have with flexible working arrangements to show you can thrive in this setup.