Location: Melbourne, Australia
Date Posted: Jul 21, 2026

Working Capital, Director

About Alvarez & Marsal

Alvarez & Marsal (A&M;) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. 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

A&M;'s Working Capital team is a dynamic, fast-growing service offering which supports clients in unlocking working capital value and optimising cash flow performance across a range of sectors. Our team specialises in delivering measurable, sustainable improvements in cash conversion cycles, working capital operations, and supply chain management. With a combined expertise in financial restructuring, operational transformation, and strategic finance, we partner with clients to identify millions of dollars in hidden cash and implement best-in-class working capital operating models.

As a Working Capital Director, you will lead complex, multi-faceted working capital and cash flow transformation engagements end-to-end, from hypothesis development through implementation and value realization. You will own client relationships with CFOs, treasurers, and board-level stakeholders, lead and mentor a growing team of working capital and finance professionals, and drive recent business development with corporate and private equity clients. This role demands deep technical expertise in working capital management, commercial acumen, strong analytical capability, disciplined project execution, and proven leadership. The team fosters an entrepreneurial environment where leaders take on significant responsibility, maintain direct client engagement, and have substantial opportunities to drive practice growth and their own progression.

How You Will Contribute

- Lead live working capital and cash flow optimisation engagements, taking full accountability for project outcomes, quality of analysis, and client satisfaction

- Conduct hypothesis-driven analysis to identify working capital release opportunities, employing data-intensive diagnostics to quantify cash impact, process inefficiencies, and value creation levers

- Develop sophisticated financial models supporting cash flow forecasting, cash conversion cycle (CCC) analysis, working capital benchmarking, and payment term optimisation scenarios

- Build and maintain trusted adviser relationships with CFOs, treasury teams, procurement leaders,



and board-level stakeholders; serve as primary client contact providing strategic counsel and responsive service

- Originate new business opportunities by identifying cross-sell potential across A&M;'s full suite of corporate finance, restructuring, and operational advisory services

- Present findings, recommendations, and implementation roadmaps to boards, executive teams, and investor groups with clarity and commercial conviction

- Advise on system selection, implementation planning, and configuration of treasury and working capital platforms to enhance visibility and automation

- Develop strategic recommendations on working capital policies, payment term strategies, supplier financing programs, and liquidity optimization aligned with client's financial objectives

- Advise clients on Payment Terms Reporting requirements and payment practice legislation; apply strong analytical capability to assess compliance exposure and identify commercial optimization opportunities

- Combine rigorous analytical skills with commercial acumen to translate complex working capital data and regulatory requirements into clear, actionable recommendations that drive measurable cash impact and business value

Qualifications

- A relevant Bachelor's degree; MBA, CFA, or equivalent advanced qualification preferred

- 7–10 years' hands-on experience in management consulting, investment banking, corporate finance, treasury, or related field, with demonstrated expertise in working capital and cash flow management

- Proven track record leading complex financial analysis, process optimisation, or transformation projects end-to-end, including scoping, hypothesis development, execution, and implementation

- Expert-level Excel and financial modeling capability; ability to build sophisticated cash flow forecasts, CCC models, and scenario analyses

- Strong understanding of financial statements, working capital accounting, and cash flow mechanics; familiarity with working capital software a plus

- Strong client engagement and communication skills; ability to build trusted relationships and present with conviction to senior stakeholders

- Structured, hypothesis-driven problem-solving; ability to break complex problems into testable hypotheses and prioritize analyses based on impact

- Highly organized; able to manage multiple complex projects simultaneously, adapt to shifting priorities, and deliver under pressure

- Entrepreneurial,



performance-driven mindset; comfort with ambiguity and a bias toward action and results

- Commercial acumen; ability to understand client economics, identify value creation levers, and articulate ROI of recommended solutions

Your Journey at A&M;

We recognise 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 prioritise 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.

📌 Working Capital, Director (Melbourne)
🏢 Alvarez & Marsal
📍 Melbourne