Business Advisor – Turnaround Consultant (New Orleans, LA)

Company Overview:

TruFund Financial Services, Inc. (TruFund) is a national Community Development Financial Institution (CDFI) with offices in New York City; New Orleans and Baton Rouge, Louisiana; and Birmingham Alabama. TruFund seeks to stimulate economic development in communities that are underserved by traditional banking institutions by providing affordable capital, hands-on technical assistance and innovative solutions to small businesses, nonprofit organizations, real estate developers, and other CDFIs. In the largest single round in the history of the New Markets Tax Credit (NMTC) Program since its creation in 2001, TruFund Financial Services, Inc. was recently awarded $55 million to spur economic and community development in distressed and low-income communities.
Learn more about TruFund at www.trufund.org.

Position Summary:
TruFund Financial Services, Inc. is seeking a Business Advisory – Turnaround Consultant. The ideal candidate is a results-oriented professional who can analyze company financial information, develop financial models and lead workstreams within a turnaround or performance improvement engagement.

The ideal candidate will come from a turnaround firm, investment banking, private equity, accounting/valuation background and demonstrate a high caliber understanding of financial modeling and analysis, general accounting principles and financial restructuring. The candidate will be able to offer a comprehensive range of solutions to distressed business clients recovering from the COVID-19 pandemic and other business interruptions, from assessment and evaluation through implementation.

The ideal candidate will provide consulting services to select businesses identifying key issues threatening client companies experiencing cash flow, management or operational problems. This will be done with a highly analytical focus, to clients in variety of industries. Main areas of concentration will include financial modeling and valuation analysis, data management, historic performance analysis, and written communication of findings.

Job Requirements:

• Understanding of income statements and balance sheets and ability to forecast
• Accrual and cash-based accounting principles
• Perform cash Collateral Analysis
• Ability to develop a standard 13-week cash flow model
• Ability to develop a standard liquidation model and scenarios
• Understanding of standard costs variances
• Outstanding analytical skills
• Ability to perform product cost analysis
• Ability to prepare operational flow charting
• Ability to complete financial modeling with budge variance analysis
• Advanced knowledge of business loan application process

Professional Skills:

• Prior experience working as a business advisor or consultant for a turnaround management firm is a plus.
• Familiarity working with minority entrepreneurs
• BS in accounting, finance or business administration.
• MBA, CPA, CTP, CFA, CFE or CIRA a plus.
• Excellent PC skills – must be proficient with all Microsoft Office applications (Excel, Word, Access, PowerPoint, Project, PowerBI and Outlook) and be able to easily learn other software programs. Strong Excel skills with ability to build Excel models.
• High level of organizational skills and the ability to multi-task.
• Detail-oriented with good follow-up skills.
• Understands and clearly articulates basic and complex business decisions.
• Ability to work both collaboratively and independently and meet deadlines.
• Develop fact-based conclusions based on sound business judgement
• 5-7 years of expertise in the turnaround field or industry middle management
• Prior experience work as a turnaround consultant a plus

To Apply:

Please email your resume and cover letter with salary requirements in MS Word format to kevans@trufund.org.

Resumes not accompanied by a cover letter will not be considered.

Place “Business Advisor – Turnaround Consultant” in the subject line of your e-mail.

We appreciate all responses, but due to the volume of applications we receive, we are not able to give status updates, but if you are invited for an interview, you will be contacted by a member of TruFund staff.

TruFund Financial Services is proud to be an Equal Opportunity Employer.

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