Description
Alvarez and Marsal Private Equity Performance Improvement
Senior Associate, HR MandA
About Alvarez and Marsal
Alvarez and Marsal (AandM) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by AandM's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at AandM.
AandM's Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving upper middle market and large cap private equity firms who have engaged AandM to help improve operating results at their portfolio companies. The companies we assess are upper middle market in the 50 million to 1 billion plus range.
Our professionals are aligned with a PEPI service line to promote the development of deep functional skills and experiences and to maximize our ability to tailor solutions to solve our clients' business issues.
Our PEPI services include:
CDD/Strategy
Interim Management
Merger Integration and Carve-outs
HR MandA
IT
Rapid Results
Supply Chain
CFO Services
Job Description
PEPI's HR MandA team is comprised of seasoned HR consulting professionals experienced in providing practical advice to private equity clients and their portfolio companies throughout the transaction lifecycle. PEPI provides holistic, cross-functional MandA services across finance, IT, and operational functions, while the HR MandA professionals provide pre-deal and post-deal advice across a number of areas within HR. The team focuses on total rewards, talent, and HR operations.
The HR MandA practice is a specialty team within PEPI, providing a broad range of human capital support to clients on both the buy and sell side of transactions. Our transaction advisors leverage both financial and technical experience in addition to operational and industry specific experience to identify and quantify issues that may impact or shape the transaction.
Typical engagements for the HR MandA practice include:
Pre-acquisition human capital due diligence, with a focus on employee benefits and remuneration plans including defined benefit pensions, pre and post-retirement welfare plans, and equity compensation programs
Review and implementation of HR cost savings and revenue enhancement solutions for private equity portfolio companies
Post-acquisition human capital consulting support, including merger integration and divestiture support.
Workforce management following transaction activity, including organization design, talent selection, and redundancy management.
Responsibilities
We are seeking a Senior Associate level project manager for a dedicated PEPI HR MandA position. A strong candidate will have 3-6 years of experience in an HR consulting role. Candidates may not need to be explicitly dedicated to MandA work, but should have depth in a given area of HR consulting such as retirement / actuarial, healthcare / benefits, executive compensation, or HR operations. HR generalists with strong project management skills may also apply, however, preference will be given to those who have depth in total rewards or supported MandA projects in the past.
The role of the Senior Associate will vary throughout the lifecycle of a transaction. A Senior Associate will need to demonstrate strong project management skills, ability to juggle tasks of varied priority levels, and showcase articulate communication skills. Senior Associates have high levels of interaction to other colleagues across AandM's Private Equity Services teams,as well as private equity investment professionals, legal counsel, and executives of potential acquisition targets.
On a given average transaction, the Senior Associate may be responsible for managing the online data room, providing calculations of risk and exposure to key HR issues, liaising with other client advisors, and drafting formal diligence reports. Specific responsibilities include:
Preparing initial observations through public document reviews
Review virtual data room and prepare subsequent request lists
Build and manage financial models (workforce planning tools, total rewards quantification, compensation planning, etc)
Coordination across other practice groups within AandM
Input into Human Capital diligence reports
Qualifications
Bachelor's degree in human resources management, actuarial science, statistics, economics, mathematics, business, accounting, or finance.
3 to 6 years' of experience
Strong analytic skills; in particular, high level of functionality with Microsoft Office products
Prior MandA experience highly considered
Outstanding communication skills both oral and written essential.
Flexible work schedule; MandA projects often involve tight timelines
Your journey at AandM
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at AandM. The possibilities are endless for high-performing and passionate professionals.
Benefits Summary
Full-time Positions and Part-time Positions Over 30 hours
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez and Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, ADandD, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez and Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role @type. Click here for more information regarding AandM's benefits programs.
The salary range is $100,000 - $150,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, AandM offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
LI-CP1
Equal Opportunity Employer