Vice President of Operations

2 weeks ago


Lexington, Kentucky, United States MIDDLEGROUND CAPITAL Full time
Job Overview

We are seeking a seasoned professional for the role of VP/Director of Operations, specializing in Restructuring & Turnarounds. This position plays a pivotal role in driving operational excellence and strategic initiatives within our organization.

Key Responsibilities

Strategic Planning & Implementation:

  • Formulate and execute detailed restructuring and turnaround strategies.
  • Identify and implement measures for cost efficiency and operational improvements.
  • Conduct comprehensive evaluations of financial and operational performance metrics.
  • Enhance liquidity management and cash flow forecasting.
  • Engage in negotiations with vendors and clients on behalf of the organization.

Collaboration with Executive Leadership:

  • Work closely with boards and executive teams to align on strategic goals and action plans.
  • Provide expert advice and support to senior executives during restructuring initiatives.
  • Build and maintain strong relationships with key stakeholders to ensure effective execution of strategies.

Operational Performance Enhancement:

  • Analyze and refine critical business processes to achieve operational excellence.
  • Monitor performance indicators to assess the impact of restructuring efforts.
  • Implement industry best practices to improve overall business performance.

Change Management Leadership:

  • Lead change management initiatives to facilitate smooth transitions during restructuring.
  • Develop comprehensive communication strategies to keep stakeholders informed and engaged.
  • Address resistance to change and promote a culture of continuous improvement.

Financial Oversight and Strategy:

  • Oversee financial restructuring activities, including debt management and capital structure optimization.
  • Collaborate with financial teams to ensure accurate reporting and compliance.
  • Identify avenues for value creation through strategic financial planning and analysis.

Risk Management and Due Diligence:

  • Conduct thorough due diligence on potential acquisition opportunities.
  • Evaluate and mitigate risks associated with restructuring and turnaround processes.
  • Develop contingency strategies to address potential challenges.

Team Leadership and Development:

  • Build and lead a high-performing operations team focused on restructuring and turnaround efforts.
  • Create a comprehensive playbook outlining specific actions during restructuring phases.
  • Establish performance monitoring systems for portfolio companies requiring restructuring support.
  • Mentor team members to enhance their skills and professional growth.
  • Foster a culture of accountability, innovation, and excellence within the team.
Qualifications
  • Bachelor's degree in finance, business, engineering, or a related field; advanced degree preferred.
  • 8+ years of experience in restructuring, turnarounds, and operational improvement within a private equity or consulting context.
  • Strong financial acumen with expertise in financial restructuring and performance optimization.
  • Exceptional leadership, communication, and stakeholder management abilities.
  • Proven ability to navigate complex and dynamic business environments.
  • Demonstrated success in collaborating with boards and executive teams to drive value creation.


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