Alvarez & Marsal adds Omar Mata to CFO services team

30 October 2020 2 min. read
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Management consultancy Alvarez & Marsal has added former Deloitte partner Omar Mata as a managing director in its private equity performance improvement practice. Based in Dallas, Mata will bolster the firm’s growing CFO services team.

In his new role, Mata will help companies boost performance through enhanced forecasting, technology integration, process automation, and improved reporting.

He brings extensive experience advising companies on improving their finance and accounting functions, including the digital transformation of CFO functions. Mata has advised chief financial officers on finance transformation projects in more than 20 countries.

Mata previously spent 15 years at Deloitte Consulting, where he was a partner for the last six years. He was responsible for creating and leading the finance transformation practice in South America. Before joining Deloitte’s CFO services practice as a senior consultant, Mata was a director in AT&T’s finance division.

Omar Mata, Managing Director, Alvarez & Marsal

He holds an MBA in finance from Texas Christian University and a BS in finance from ITESM - Monterrey Tech in Mexico.

“As financial executives face tremendous pressure to overcome the challenges and the disruption caused by the Covid-19 pandemic, it is our objective to offer advice that enables our clients to pivot to recovery on a stronger financial footing,” said Nick Alvarez, managing director and national practice leader of A&M’s private equity performance improvement group. “Omar’s addition to the team strengthens our capability to support the CFO office and function as it addresses the short- and medium-term needs during these uncertain times.”

The firm noted that Mata’s arrival will help meet increasing demand for finance transformation and performance improvement services, as companies in numerous industries reckon with a Covid-19-fueled downturn. The travel and hospitality, retail, and energy sectors have been particularly affected by the unique challenges of the pandemic.

A&M is based in New York, and has more than 5,000 employees across four continents. The consulting firm is particularly known for its offering in turnaround and restructuring.

Rival consultancy Ankura recently launched a CFO practice with the arrival of three finance transformation experts from BRG. The company further bolstered the new practice with four managing director appointments and 13 professional hires.