Associate Director, Restructuring

Location: Riyadh, Saudi Arabia

Date Posted: Aug 9, 2026

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. 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.

The Team

As the world’s largest Turnaround and Crisis management firm, with a market-leading practice in Financial & Operational Restructuring, we help our clients stabilise underperforming businesses, manage liquidity pressure and preserve value. Privately-held since 1983, A&M is a global professional services firm that delivers performance improvement, turnaround management and business advisory services to organisations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help businesses turn change into a strategic business asset, manage risk and unlock value at every stage.

We are an established and highly active practice in the Middle East, working for premium clients including sovereign wealth funds, private equity firms, multinational corporations and family offices. We pride ourselves on listening to our clients, understanding their business and combining intelligent solutions to preserve and generate value for our clients’ businesses. Our goal is to improve cash flow and EBITDA and to provide earnings benefits through hands-on involvement in our clients’ operations and transactions. Furthermore, our job is to support PE firms, bank syndicates and hedge funds to ensure their portfolio companies have credible plans and the ability to execute and deliver the financial outcomes required. We are completely free from audit-based conflicts.

This is a fantastic opportunity to join Alvarez & Marsal’s established Restructuring practice as an Associate Director.

How you will contribute

Main responsibilities:

• Offer critical support to companies that are underperforming or experiencing an acute liquidity crisis
• Work directly with company management and help to stabilise financial and operational performance
• Work with Senior Directors and Managing Directors to deliver client projects through the management of multiple work streams
• Support business development activities including the creation of client pitches and proposals to win new mandates

Examples of projects include:

• Financial and Operational Restructuring
• Balance Sheet Restructuring
• Cash & liquidity management and forecasting
• Options analysis and contingency planning
• Interim management roles
• Preparation and validation of business plans
• Organisational restructurings
• Profit Improvement (Sales Improvement and Cost Reduction)
• Independent business reviews

Qualifications

• 7+ years’ experience working in restructuring, preferably in the Middle East and ideally including company side mandates across both financial and operational workstreams
• Ability to manage diverse and complex stakeholder groups
• Ability to implement change for clients and to deliver results across various aspects of their business
• Strong financial modelling skills, including building 13-week cash flow forecasts and integrated financial models
• A firm understanding of liquidity and working capital management, and of how performance improvement flows through to the P&L and balance sheet
• Able to build trusted, long-term relationships with key stakeholders in the Middle East lending community
• Ability to prepare client pitches and proposals to a high standard
• Proficient in the use of AI tools to support analysis, drafting and research
• Fluency in Arabic is desirable but not essential
• ACA/CPA/ACCA or equivalent qualification is desirable

In addition to the skills and qualities detailed above, the desired candidate will also demonstrate the following attributes:

• Capacity to thrive in a fast-paced environment
• Strong facilitation skills, forging consensus around credible, executable solutions
• Excellent written and oral communications skills, impactful presenter
• An unbiased, fact-based approach to problem solving
• Guided by values and integrity, talks straight, builds confidence and leads by example.

Your journey at A&M

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.

Culture & Values

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.

Equal Opportunity Employer

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.

Unsolicited Resumes from Third-Party Recruiters

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.