Principal - Turnaround Restructuring & Strategy

Job description / Role

Geography:
Europe & The Middle East

Capabilities:
Change management, Pricing, Transformation and Turnaround Restructuring

Industries:
Financial institutions, Public sector, Heavy Industries

Practice Area Profile:
A specialist transformation, turnaround and restructuring unit of a global top tier strategy consultancy that works with business leaders to deliver rapid, sustainable and visible performance improvements, while strengthening their organizations and positioning them to win in the years ahead. By collaborating shoulder to shoulder with the client and being a true performance partner, they achieve a change that lasts. Team members include experts such as former CEOs, C-suite leaders, and other highly experienced professionals.

Role Summary:
As an Expert Principal you will be a core member of transformation, restructuring and turnaround team working alongside some of the world’s top experts in the field. An Expert occupies an important position executing and supporting client service engagements in a variety of roles. An Expert may be responsible for delivering a specific piece of work as an advisor, or an individual contributor or, depending on the individual’s profile and skill set; they may be responsible for leading a team. They may also play an advisory role on projects, helping to either establish credibility or ramp the team up at the start of a particular piece of work, or provide regular support and guidance throughout the project. At this senior level, individuals are involved in business development activities and increase the amount of time dedicated to development of their own and the team’s expertise.

You will work hand in hand with the decision makers of our client company, having a real seat at the table. Through your project, you will accompany companies from a variety of sectors and industries through decisive changes in the Middle East. The majority of your time will be spent as part of the turnaround team composed of members of different backgrounds collaborating intensively and building a long-term relation with our client. You will also dedicate time to further develop and deepen expertise in short term turnaround management and to support Partners in business development initiatives.

Role Profile:

The key responsibilities are:

- Steer the execution of Turnaround Restructuring (TRS) cases
- Execute, or provide expertise and support to, turnaround projects in diverse industries
- Lead large scale operational and transformation journeys at the client; hold interim management/ Chief Transformation or Restructuring Officer’s role
- Capable of acting as a project oversight for an entire case or at a module level on select topics. Owns project processes, content and day to day client interactions
- Support multiple case teams, especially those with need for deep and hands-on approach, either as an individual contributor or owner on a TRS topic, or as an advisor to the overall project
- Drive and co-lead development of the content, either directly or by providing guidance to the consulting team (for example, by sharing ideas, frameworks or providing input on research and analysis)
- Manage the client relationship and work jointly with TRS team and client project teams, bringing expertise to the team and to the client on site
- Builds TRS expertise within and increases TRS profile externally
- Drive the development and improvement of TRS methodology, tools, frameworks
- Provide intellectual leadership for the project teams by generating key ideas and conceptual frameworks to guide research and analysis
- Develop and contribute to the creation of intellectual capital on the topic: position papers, studies, insights from case experience, tools and products
- Build awareness of TRS capabilities within the firm, representing business at a variety of regional, global forums
- Drives TRS as a business
- Proactively identify and cultivate a network of potential clients, and strategies to win and generate new business development leads to grow the pipeline
- Create awareness of TRS expertise and capabilities to the external community; participate in key industry forums, including presenting on topics relevant to senior management
- Key support for proposal creation and presentations: provide content expertise around specific topics; act as key topic content lead for proposals or other business development

Salary:
AED 70,000 to 120,000 per month inclusive of fixed allowances.

Requirements

- Strong academics from a top-tier institution
- A Masters or MBA degree is essential
- A minimum of 10 years of experience with at least 7 years running large and complex transformations
- Performance improvement, operational Turnaround programs in industry or a consulting set–up (preferred)
- Strong Transformation management background with experience in leading the TMO/ PMO roles (Chief Transformation Officer or Restructuring Officer ideal)
- Proficiency with P&L and Balance sheet topics, especially working capital / liquidity management
- Experience in engaging and driving negotiations across multiple CXO stakeholders
- A strong track record and a close network of professional contacts at key clients within the TRS sector

Professional Skills:
- Analytical and structured with excellent problem-solving skills (hypothesis driven approach etc.)
- Advanced quantitative analysis skills
- Excellent communication and persuasion skills to interact at high levels and manage stakeholders
- Superior business sense and good ability to work across practice areas
- Excellent written and spoken English (Arabic would be desirable, but not essential)
- Excellent track record of project/team leadership and related achievements

Personal Attributes:
- Flexible, curious and creative, open for new things and able to propose innovative ideas
- Independent and autonomous judgment
- Collaborative team player and positive attitude
- Intercultural competence and experience of working in more than one country and/or multi-cultural teams
- Driven, hard-working, entrepreneurial, proactive and productive
- Highest ethical standard
- Willingness to travel internationally and to work remotely on client sites

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.