How to hire an advisory project manager

How to hire an advisory project manager, step by step

Here's a step-by-step advisory project manager hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write an advisory project manager job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new advisory project manager
• Step 8: Go through the hiring process checklist

What does an advisory project manager do?

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1. Identify your hiring needs

   The advisory project manager hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   An advisory project manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, advisory project managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list presents advisory project manager salaries for various positions.

   Type of Advisory Project Manager	Description	Hourly rate
   Advisory Project Manager		$50-86
   Software Development Manager	A software development manager is a professional who manages teams of software developers that design and create software applications and web services for clients. Software development managers should delegate duties and establish development standards for the development team as well as create a budget and timeline for the project... Show more	$48-86
   Project Team Lead	A project team lead sets up the expectations for the team members. Project team leads are in charge of setting the direction for the team members... Show more	$38-65

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Advisory Services
   • Client Relationships
   • SAN
   • Business Development
   • Project Plan
   • Project Scope
   • Leveraged
   • RFP
   • Risk Management
   • Governance
   • Infrastructure
   • ITIL
   • Risk Assessments
   • SQL

   Check all skills

   Responsibilities:

   • Manage internal audit and SOX compliance projects for financial services and non-financial services clients.
   • Lead professional services engagements from assessment analysis to completion by partnering directly with healthcare providers to enhance revenue collection and efficiency.
   • Develop processes to address and improve infrastructure and application availability.
   • Develop security solution architecture and design diagrams, documentation, operational procedures and supporting materials for global implementation.
   • Define, lead and deliver projects relate to infrastructure security initiatives, including identifying, designing, building and implementing solutions.
   • Institute technology processes to compliment the new healthcare facility and current business operations in order to increase productivity and patient experience.

   More advisory project manager duties

3. Make a budget

   Including a salary range in your advisory project manager job description is one of the best ways to attract top talent. An advisory project manager can vary based on:

   • Location. For example, advisory project managers' average salary in hawaii is 32% less than in idaho.
   • Seniority. Entry-level advisory project managers 41% less than senior-level advisory project managers.
   • Certifications. An advisory project manager with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in an advisory project manager's salary.

   Average advisory project manager salary

   $138,810yearly

   $66.74 hourly rate

   ---

   Entry-level advisory project manager salary

   $106,000 yearly salary

   Updated December 15, 2025

   Average advisory project manager salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$155,615	$75
   2	New Jersey	$151,378	$73
   3	Connecticut	$149,170	$72
   4	Delaware	$149,026	$72
   5	New York	$147,845	$71
   6	Massachusetts	$143,511	$69
   7	District of Columbia	$142,877	$69
   8	Ohio	$141,817	$68
   9	Maryland	$140,951	$68
   10	Illinois	$140,683	$68
   11	Virginia	$140,655	$68
   12	Indiana	$140,060	$67
   13	Arizona	$137,248	$66
   14	Wisconsin	$137,137	$66
   15	Michigan	$135,781	$65
   16	Pennsylvania	$134,304	$65
   17	Minnesota	$134,292	$65
   18	North Carolina	$133,949	$64
   19	Missouri	$133,659	$64
   20	Georgia	$132,815	$64

   Average advisory project manager salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	White & Case	$166,953	$80.27
   2	Deutsche Bank	$146,181	$70.28	3
   3	Ernst & Young	$145,974	$70.18	113
   4	Trepp	$140,878	$67.73
   5	HaploX	$140,320	$67.46
   6	Squire and Company, PC	$140,049	$67.33	1
   7	Deloitte Digital	$139,621	$67.13
   8	Rainmakers	$139,547	$67.09
   9	SkyWater Search	$139,509	$67.07
   10	Canadian Imperial Holdings, Inc.	$139,505	$67.07	5
   11	Marsh & McLennan Companies	$139,325	$66.98	5
   12	Lenovo	$137,786	$66.24	8
   13	Dev	$137,668	$66.19	2
   14	Deloitte Financial Advisory Services LLP	$136,749	$65.74
   15	RSM US	$136,465	$65.61	24
   16	Virtustream	$136,425	$65.59
   17	Pwc	$136,075	$65.42	194
   18	Boston University	$134,678	$64.75	1
   19	BDO USA	$134,159	$64.50	6
   20	Lyons Consulting Group	$132,829	$63.86

4. Writing an advisory project manager job description

   A job description for an advisory project manager role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an advisory project manager job description:

   Advisory project manager job description example

   About A&M
   
   Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
   
   With over 6,000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M's restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what's really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
   
   Global Transaction Advisory Group
   
   A&M's Transaction Advisory Group (TAG) has an exciting opportunity to join a growing team in New York, Atlanta, Boston, Chicago, Dallas, Houston, Miami, Nashville, Los Angeles and San Francisco. TAG is a subsidiary of A&M, an established leader in providing global leadership and advisory services to a variety of diverse industries. A&M TAG is seeking a Manager to bring their energy, passion, and expertise to help our clients get the answers they need to the get the deal done. We provide private equity and corporate clients buy side and sell side financial accounting due diligence. TAG professionals actively engage in assessing a target's quality of earning, analyzing cash flows, reviewing working capital, identifying key business drivers, reviewing forecasts, and conducting comprehensive discussions with management and their advisors.
   
   What will you be doing?
   
   As a Manager, you will have the opportunity to work with our highly motivated and effective team of professionals on a variety of interesting projects across different industries including but not limited to manufacturing, distribution, consumer, retail, restaurants, business and industrial services as well as healthcare, software & technology, energy and financial services. You will provide our clients with an integrated due diligence approach that goes beyond traditional quality of earning analyses and focus on key value drivers for sponsors and lenders. Our integrated due diligence approach combines our deep operational, functional and industry expertise with Big Four quality financial accounting and tax services to drive value throughout the investment lifecycle.
   
   Responsibilities will include:
   Counsel and mentor Associates and Senior Associates.Manage and prioritize team responsibilities and proactively consult with Managing Directors and senior members of the team as appropriate.Maintain and update the budget and fee analysis as appropriate.Manage multiple chargeable and non-chargeable projects of varying size and complexity.Review and evaluate project databooks prepared by team members.Generate a full due diligence report.Lead the Quality of Earnings, P&L and Working Capital analyses.Communicate regularly with clients regarding engagement matters (e.g., billing, status updates, preparation of scope of procedures, scope changes, request lists) .Effectively manage day-to-day client interaction and relationships.Develop and propose creative solutions to engagement and transaction risks and effectively manage problem resolution.Proactively recruit, train, and develop Associate and Senior Associates, including teaching training classes as applicable.Gather applicable conflict check information and coordinates with Managing Directors to set up engagement codes and other engagement requirements.Assist Managing Directors and Senior Director in sales and business development efforts.
   
   Who will you be working with?
   
   We are not a typical consulting firm. We are a group of entrepreneurial accounting professionals who embody the A&M Core Values - integrity, quality, objectivity, fun, personal reward, and inclusive diversity while delivering a tailored and scalable approach to working with private equity, hedge fund, and corporate clients. We present you with opportunities, not a playbook, and we reward you based on performance, not your tenure.
   
   How will you grow and be supported?
   
   As a demonstration of A&M's strong commitment to its people, we offer benefits to support your career, personal and professional developments. This includes performance-based career progression and promotion process, high quality practice-wide training programs, a global mobility program, rotation opportunities in other practice areas, employee resource groups, and a health and wellness program. Click here to learn about our commitment to your well-being. A&M recognizes that our people fuel our growth, and you and your team will be provided with the best available training and development resources, as well as networking opportunities. Click here to learn more about why A&M is a great place to work.
   
   Qualifications:
   A minimum of 5-8 years of audit and financial accounting due diligence experience at a top accounting firm Bachelor's or Master's degree in Accounting and/or related major Certified Public Accountant (CPA) or in the process of obtaining one Working knowledge of US GAAP and SEC reporting High proficiency in Excel and PowerPointExcellent interpersonal and communication skills Strong project management skills Flexibility to work as both a team member in a collaborative setting and as an individual contributor Ability to thrive and be effective in fast-paced settings
   
   Diversity & Inclusion
   
   A&M's entrepreneurial culture celebrates independent thinkers and doers who can 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 the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity and we foster inclusiveness. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
   
   Voluntary Inclusion
   It is Alvarez & Marsal's policy to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, sex, sexual orientation, gender identity, family medical history or genetic information, political affiliation, military service, pregnancy, marital status, family status, religion, national origin, age or disability or any other non-merit based factor in accordance with all applicable laws and regulations.
   
   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 were 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.

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5. Post your job

   There are various strategies that you can use to find the right advisory project manager for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your advisory project manager job on Zippia to find and attract quality advisory project manager candidates.
   • Use niche websites such as dice, engineering.com, stack overflow, it job pro.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit advisory project managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   While interviews are great, you will only sometimes learn enough from a conversation with an advisory project manager applicant. In those cases, having candidates complete a test project can go a long way in figuring out who's the most likely to succeed in the role. If you aren't a technical person and don't know how to design an appropriate test, you can ask someone else on the team to create it or take a look at these websites to get a few ideas:

   • TestDome
   • CodeSignal
   • Testlify
   • BarRaiser
   • Coderbyte

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new advisory project manager

   Once you've found the advisory project manager candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   To prepare for the new advisory project manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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