Managing Director, Turnaround & Restructuring Services

Miami,Atlanta,Phoenix+13 moreTurnaround & Restructuring Servicesexecutive

OtherExecutiveChief Executive Officer

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At Portage Point Partners (Portage Point), you are not a cog in a legacy machine, you are shaping strategy, influencing outcomes and being rewarded for driving impact. Backed by New Mountain Capital,

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At Portage Point Partners (Portage Point), you are not a cog in a legacy machine, you are shaping strategy, influencing outcomes and being rewarded for driving impact. Backed by New Mountain Capital, Portage Point is recognized for accelerated growth and is consistently featured in rankings from Inc.5000, The Financial Times and Consulting Magazine. This recognition is a testament to our focus on excellence, intensity and pace and ability to attract blue chip talent committed to delivering best-in-class outcomes. Our cross-functional platform spans the full business lifecycle and offers middle market clients integrated solutions across Transaction Advisory Services (TAS), Valuations (VAL), Transaction Execution Services (TES), Office of the CFO (OCFO), Performance Improvement (PI), Interim Management (IM), Investment Banking (IB) and Turnaround & Restructuring Services (TRS).

The TRS team tackles urgent, complex challenges with speed and impact. As former operators, investors and lenders, the TRS team combines blue chip experience with intense focus to consistently deliver tailored solutions across operational turnarounds and financial restructurings.

The Managing Director, TRS at Portage Point represents a unique opportunity to assume a wide range of responsibilities and make a significant impact. This Managing Director, TRS is a client delivery leadership position for highly capable professionals to make substantial contributions to overall firm growth. The Managing Director, TRS will report directly to the Practice Line Leader, TRS and will focus on developing new and existing client relationships as well as ensuring all aspects of strategic, operational and financial engagements are delivered with the highest quality standards and impact. You will support key initiatives, manage discrete workstreams and work closely with senior leaders. If you thrive in a high-performance culture and want to help build the future of a rapidly growing consultancy, this is the right role for you.

Work directly with senior personnel at Portage Point and our clients to develop comprehensive solutions to complex operational and financial challenges across the business lifecycle including formulating and implementing value creation and business transformation plans, contingency planning and bankruptcy preparation / execution

Work with the Portage Point team of Associates to Managing Directors to lead execution of all deliverable workflows

Assess organizational and individual structures and effectiveness

Oversee liquidity management (cash flow forecasting, treasury operations and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting the development and formulation of business / restructuring plans

Identify areas for operational improvements and cost reduction

Review detailed financial projections and business plans

Review executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations

Structure and incorporate streamlined processes to improve efficiencies

Identify and re-allocate resources to operational, growth, financial and strategic initiatives with highest risk adjusted return

Present KPIs, financial performance, budget, board of director presentations, stakeholder presentations

Lead various operational, financial and management meetings and key constituent communications / negotiations

Contribute to the origination and selling of projects including experience pitching to or partnering with senior executives, private equity firms, lenders, lawyers and other related buyers

Advise clients and makes decisions that demonstrate expertise, synthesizing the core drivers of both the clients’ business, situational analyses and the underlying complexity of the situation to maximize value

Provide coaching and mentorship to junior team members

Lead or support internal trainings and best practice sharing

Lead business development and client relationship efforts

Lead talent acquisition and firm-building initiatives

Contribute to creating a high-performing and inclusive culture

Bachelor’s degree from a top undergraduate program

Located in or willing to relocate to Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, Palm Beach or Philadelphia

Invested in a team-based culture, motivated to collaborate in office four days per week and willing to work at client sites as needed

Significant experience in the areas of strategic, financial or operational consulting, investment banking, restructuring / distressed, private equity, lending and/or industry roles

Proven leader in the delivery of high-value work that exceeds client expectations

Demonstrated capability of developing new business transformation, restructuring and interim management

Deep experience supervising other professionals and acting in a manner that serves to motivate, develop and bring out the best in others. Provides clear direction, coaching and mentoring to team members

Mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysis

Superior written and verbal communication skills, including executive-ready presentation and reporting skills

Proven ability to thrive in lean, fast-moving teams

High attention to detail, responsiveness and ownership mindset

Track record of success in high-pressure, client-facing environments