Alvarez & Marsal (A&M) 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 A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
Our Paris Operational Turnaround team supports French and international corporates, private equity sponsors, and their portfolio companies in complex and high-pressure environments, including:
Operational underperformance
Margin erosion and profitability deterioration
Liquidity constraints
Preventive restructuring procedures (mandat ad hoc, conciliation)
Formal proceedings (safeguard, judicial reorganization)
Post-acquisition transformation and carve-outs
We work directly alongside CEOs, CFOs and operational leaders to stabilize businesses, restore profitability and implement concrete performance improvement plans.
Our approach is execution-driven. We do not stop at recommendations — we embed within organizations to ensure delivery and measurable impact.
As a Senior Associate / Manager, you will play a central role in designing and implementing operational turnaround programs.
Conduct short-cycle operational and financial diagnostics
Identify root causes of underperformance
Analyze cost structures, margin drivers and operational KPIs
Develop actionable and quantified performance improvement plans
Lead cost reduction and restructuring initiatives
Drive working capital optimization programs
Improve operational processes (procurement, supply chain, manufacturing, SG&A efficiency)
Support pricing and commercial performance improvement
Implement KPI tracking frameworks and governance structures
Support operational workstreams in preventive and formal restructuring contexts
Work alongside management during negotiations with shareholders and creditors
Contribute to turnaround plans presented to boards and stakeholders
Lead workstreams and supervise junior team members
Prepare high-quality deliverables for executive committees and boards
Facilitate steering committees and operational workshops
Contribute to business development and client relationship building (Manager level)
Strong academic background with experience in a Restructuring team at a leading consultancy firm or Big Four.
Experience in operational consulting, restructuring, performance improvement, transaction services with operational exposure, or corporate transformation role
Strong analytical and problem-solving skills
Experience in cost reduction, operational improvement or value creation programs
Ability to operate effectively in high-pressure and ambiguous environments
- Strong understanding of operational value drivers and KPI frameworks
- Entrepreneurial mindset and commercial awareness
Fluency in French and English
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 A&M. The possibilities are endless for high-performing and passionate professionals.
To learn more, visit: alvarezandmarsal.com
At Alvarez & Marsal, our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything we do, shaping a culture rooted in entrepreneurship, impact, and integrity. We trust our people to take ownership early, contribute to meaningful challenges, and drive results that matter. We empower growth and champion diverse perspectives. Above all, we value doing the right thing. For those ready to roll up their sleeves, lead with integrity, and be difference makers, this is where it starts.
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
