Director, Turnaround

Ankura is a team of excellence founded on innovation and growth. This position supports the Ankura Turnaround & Restructuring practice - one of seven practices focused on client delivery services across the Firm. Practice Overview Ankura’s professionals have diverse backgrounds and varied experience including transformation, performance improvement, strategy consulting, restructuring, accounting firms and public/private industries. Our professionals are trusted advisors who work collaboratively and in a very measured and expedient way to maximize value for our clients. We are experts known for leading challenging processes and bringing together disparate stakeholder groups. The Turnaround & Restructuring team works with healthy, under-performing and distressed companies across a variety of urgent, high impact situations. The team helps our clients navigate periods of change or growth and deliver significant improvement in business performance and enterprise value by providing hands on expert level support and advice. Our team offers financial, operational, and commercial insights to special situations in order to deliver significant improvement to both balance sheet and P&L. We aim to create, protect and recover value by understanding the key business and organizational challenges or growth objectives, identifying tailored solutions, and supporting in the implementation of change and restructuring initiatives to drive a successful outcome. Ankura’s EMEA T&R practice launched in 2021 with the recruitment of a group of senior practitioners from a variety of industry-leading firms. This team complements 300+ restructuring professionals globally and a further 2,000 professionals across the wider Ankura business. With ambitious growth aspirations, we are recruiting an experienced and driven Director to join our team in the Middle East and are looking for someone who is entrepreneurially minded and wants to progress their career in the operational turnaround and corporate restructuring market. Role Overview Suitable candidates for this position will have a strong suite of consulting, performance improvement, financial restructuring, and hands‑on experience. Responsibilities Lead business restructuring, turnaround and performance improvement projects for clients across various industries Develop and implement effective strategies to address financial and operational challenges Preparation of robust financial and cash flow projections; preparation of relevant company analysis for clients or management Application of various financial skills in a wide variety of client and industry environments; financial modelling, company analysis, preparation / assessment of business plans and due diligence Support negotiations with creditors, investors, and other stakeholders during turnaround processes Significant client interaction at senior levels, building and maintaining strong relations with clients. Lead management presentation and new business presentations Exceptional communication abilities along with an ability to provide detailed but clear analysis and presentations when required including new client pitches Oversee and develop project deliverables, ensuring quality and timeliness Requirements A degree in Business, Accounting, Finance or Engineering and/or MBA. Experience gained, preferably with a mix of consulting / advisory and industry experience gained in Big 4, boutique advisory house or a strategy house at Manager level. Strong experience in Financial Restructuring, Performance Improvement and Value Creation and Operational Restructuring / Transformation, or either of these Leading delivering transformation, turnaround and/or restructuring programs across multiple markets and industries. Ability to manage complex projects and multiple stakeholders as part of a wider transformation / Restructuring office setup. Demonstrable experience of developing business plans, financial projections, and identifying / implementing restructuring solutions. Experience of working with clients and / or advisory firms and supporting the identification and implementation of levers to improve performance. Including but not limited to - cost reduction, organization health & redesign, supply chain & procurement, growth strategies and market analysis, cash and working capital management and optimization, manufacturing optimization, PMI and carve‑outs, process mapping and redesign and strategic business planning. Deep understanding of business issues and the ability to communicate them effectively to team leaders and clients. Willingness to build professional and personal growth by working in high‑impact situations under time‑pressure. Outstanding analytical and critical thinking skills along with strong financial literacy and modelling skills. Excellent written, verbal, organizational, and executive‑level presentation skills. Fluency in English is essential. Arabic is a plus. Willingness to travel as unique projects/needs arise. Ankura is an Aff irmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email or call toll-free . This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. 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