- Managing Director
- Corporate Finance & Restructuring
- T: +1 212 499 3675
- F: +1 212 841 9350
- Three Times Square
- 9th Floor
- New York, NY, 10036
- United States
- T: +1 212 247 1010
- F: +1 212 841 9350
- B.B.A., Finance, University of Notre Dame
- Corporate Finance
- Financial Planning & Analysis
- Office of the CFO Solutions
- Restructuring / Turnaround Services
- Healthcare & Life Sciences
Brian McDonald is a Managing Director at FTI Consulting and is based in New York. He is a member of the Office of the CFO Solutions practice within the Corporate Finance & Restructuring segment.
Mr. McDonald has worked on operational and restructuring consulting engagements in the U.S. for the past nine years covering a wide range of industries. This experience spans from financial modeling, financial planning and analysis (“FP&A”), cash flow forecasting, cash management, project management and accounting risk management.
Mr. McDonald led the development of an operational structure to centralize reporting and analytical responsibilities and assisted in the design and preparation of a monthly operating results package for a national hospital and healthcare system with over $15 billion in revenues.
At a major mortgage servicer with over $7 billion in total assets, Mr. McDonald led an initiative to build a driver-based 3 statement forecasting model for each of the mortgage servicer’s operating businesses as well as the corporate entity and a flexible consolidation model. Additionally, he was responsible for the development of the framework and the forecasting of balance sheet assets in accordance with the key drivers of the business.
For an $11 billion travel and leisure company, Mr. McDonald led a team building a model to allocate corporate selling, general & administrative (“SG&A”) costs to an operating subdivision during the preparation of carve-out financial statements prior to a spin-off. He assisted in the streamlining, process and tools optimization for the corporate FP&A and consolidations team and developed a top-down, driver-based profit and loss (“P&L”) forecasting model to be used in the primary domestic operating segment. He also led the kickoff of a “Business Process Stabilization” initiative in the client’s shared services center which included detailed meetings with key stakeholders ranging from staff accountants to vice presidents, stratification of identified issues between high/low priority and high/low investment requirements, interfacing with other external consultants and senior management and the preparation of high level project plans to address identified issues. Furthermore, Mr. McDonald prepared accounting memos for balance sheet accounts documenting process, best practices, and generally accepted accounting principles (“GAAP”) compliance for management and the Securities and Exchange Commission (“SEC”) in conjunction with a 3-year accounting restatement and provided numerous status updates and reports to the audit committee of the Board of Directors.
Previously, Mr. McDonald worked on the restructuring and sale of Residential Capital (“ResCap”), a mortgage company with $15.7 billion of assets, where he assisted in the preparation of a cash flow forecasting model to size the company’s borrowing requirements for a new restructuring financing facility. He also facilitated the financial diligence process for the Court-appointed Examiner of Residential Capital, LLC, covering financing transactions, tax allocations, shared services, subservicing, originations, affiliate transactions and other issues critical to ResCap’s relationship with its parent in a highly scrutinized and litigious process.
In addition, Mr. McDonald has prepared a diagnostic and a roadmap to improve an anchor client's reporting capabilities and visibility into the operating performance of a specific set of businesses and product offerings.
Mr. McDonald holds a B.B.A. with a specialization in Finance from the University of Notre Dame.