Job Title: Turnaround and Restructuring Senior Associate
Location: Chicago, IL
Company: My client is a boutique turnaround & restructuring firm who is a market leader in financial and operational consulting.
Job Description:
As a Turnaround and Restructuring Senior Associate you will play a critical role in helping distressed businesses navigate challenging financial situations. This position is ideal for professionals with 3-5 years of experience in transaction advisory services, financial consulting, or investment banking who are looking to make a transition into restructuring consulting.
Key Responsibilities:
- Financial Analysis: Conduct comprehensive financial assessments of distressed companies, including analyzing income statements, balance sheets, and cash flow statements to identify areas of concern and opportunity.
- Due Diligence: Perform thorough due diligence on distressed businesses to evaluate their financial health, operational efficiency, and potential risks.
- Turnaround Strategy Development: Collaborate with the team to develop tailored turnaround strategies aimed at improving the financial stability and long-term viability of distressed clients.
- Financial Modeling: Build and maintain complex financial models to support restructuring plans, including sensitivity analysis and scenario planning, 3-statement modeling experience required.
- Stakeholder Communication: Communicate effectively with clients, creditors, shareholders, and other stakeholders to explain the proposed turnaround plans and negotiate terms.
- Project Management: Manage and coordinate multiple turnaround and restructuring projects simultaneously, ensuring they are executed within deadlines and budget constraints.
- Travel: Be prepared for travel to client sites or other locations as required to conduct on-site assessments and meet with stakeholders.
Qualifications:
- Bachelor Degree required
- CTP, CIRA, CPA, CFA or CMA certificate would be preferred, but not required.
- 3-5 years of relevant experience in transaction advisory services, financial consulting, or investment banking, restructuring experience a plus.
- Strong financial analysis and modeling skills.
- Excellent communication and presentation abilities.
- Understanding of restructuring processes is a plus.
- Ability to work independently and as part of a tight knit team.
- Willingness to travel (50%+) for client engagements.
