Portage Point Partners

Operationally focused advisory and interim management

Director, Turnaround and Restructuring Services

Financial & Transaction AdvisoryConfirmed live in the last 24 hours

Full-time$650k - $900k /yr

About the Job

Requirements

A 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.
Willing to collaborate in the office four days per week and work at client sites as needed.
At least 10 years of experience, including seven or more years in investment banking, consulting, restructuring or distressed situations, or private equity at a top-tier firm, in addition to two or more years operating, investing, advising on operational improvements, or servicing stakeholders; alternatively, a compelling non-traditional background.
Full mastery of financial modeling, including the ability to review three-statement models, 13-week cash flows, dynamic KPI packages, and complex ad hoc analysis.
Ability to work successfully in a small, collaborative team environment.
A personal network and relationships that yield new opportunities and engagements across transformation, restructuring, and interim management.
Proven ability to cross-sell complementary service offerings and expand a network.
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 an ownership mindset.
A track record of success in high-pressure, client-facing environments.

Responsibilities

Work directly with senior personnel at Portage Point and its clients to develop comprehensive solutions to complex operational and financial challenges across the business lifecycle, including formulating and implementing value creation, business transformation, and performance improvement plans, contingency planning, and bankruptcy preparation and execution.
Lead liquidity management, including cash flow forecasting, treasury operations, and stakeholder communications; case administration, including filing preparation, bankruptcy reporting, claims support, and plan support; and support formulation of business and restructuring plans.
Identify and reallocate resources to operational, growth, financial, and strategic initiatives with the highest risk-adjusted return.
Develop detailed financial projections and business plans.
Lead preparation of executive reporting packages, including key performance indicators, financial performance, budgets, board presentations, and stakeholder presentations.
Structure and incorporate streamlined financial and operational processes to improve efficiencies.
Present key performance indicators, financial performance, budgets, board presentations, and stakeholder presentations.
Lead operational, financial, and management meetings, as well as key constituent communications and negotiations.
Contribute to originating and selling projects, including pitching to or partnering with senior executives, private equity firms, lenders, lawyers, and other related buyers.
Advise clients and make decisions that demonstrate expertise by synthesizing client business drivers, situational analyses, and underlying complexity to maximize value.
Coach and mentor junior team members.
Lead or support internal training and best-practice sharing.
Support business development and client relationship efforts.
Support talent acquisition and firm-building initiatives.
Contribute to a high-performing, inclusive, and values-driven culture.

Salary Range: 650000 to 900000 (Currency: USD) (Pay period: per-year-salary)

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 Director, TRS at Portage Point represents a unique opportunity to assume a wide range of responsibilities and make a significant impact. This Director, TRS is a client delivery leadership position for highly capable professionals to make substantial contributions to overall firm growth. The 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.

Responsibilities

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, business transformation and performance improvement plans, contingency planning and bankruptcy preparation / execution
Lead liquidity management (cash flow forecasting, treasury operations and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting formulation of business / restructuring plans
Identify and re-allocating resources to operational, growth, financial and strategic initiatives with highest risk adjusted return
Develop detailed financial projections and business plans
Lead preparation of executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations
Structure and incorporate streamlined financial and operational 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 as well as 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
Support business development and client relationship efforts
Support §talent acquisition and firm-building initiatives
Contribute to a high-performing, inclusive and values-driven culture

Qualifications

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
10 plus years of experience with seven or more years of investment banking, consulting, restructuring / distressed or private equity at a top-tier firm in addition to two or more years spent operating, investing, advising operational improvements and / or servicing stakeholders or a compelling non-traditional background
Full mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysis
Ability to successfully work in a small, collaborative team environment
Personal network and relationships that yield new opportunities and engagements across transformation, restructuring and interim management
Proven ability to cross-sell complementary service offerings and expand network
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

About the Company

Portage Point Partners

Operationally focused advisory and interim management

Portage Point Partners provides business advisory and interim management to help companies navigate complexity, transitions, and underperformance. Its team of operators and advisers diagnoses issues, develops practical plans, and leads execution during critical periods across finance, operations, and strategy. They differentiate themselves through hands-on operational execution and real-world leadership, covering performance improvement, transformation, and restructuring while aligning stakeholder interests. The goal is to restore performance and maximize value for owners, creditors, employees, and other stakeholders.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: Chicago, IL
Founded: 2016

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