Turnaround & Restructuring Associate at Selby Jennings in Chicago, Illinois

Posted in Other about 5 hours ago.

Type: full-time





Job Description:

Job Title: Turnaround and Restructuring Consultant

Location: NYC, Chicago, or LA

Company Overview: Our client, a dynamic and growing turnaround and restructuring firm, specializes in providing strategic solutions to distressed businesses. They are seeking a talented and experienced Turnaround and Restructuring Consultant to join their team. This firm prides itself on delivering tailored financial and operational strategies to help clients navigate complex challenges and achieve sustainable growth.

Position Overview: The Turnaround and Restructuring Consultant will play a critical role in developing and implementing financial restructuring plans. The ideal candidate will have 3-7 years of experience in turnaround and restructuring, with a strong background in building 13-week cash flow forecasts and 3-statement financial models from scratch. Familiarity with bankruptcy processes and procedures is essential.

Key Responsibilities:
  • Develop and implement comprehensive turnaround strategies for distressed businesses.
  • Build detailed 13-week cash flow forecasts from scratch to support liquidity management.
  • Construct 3-statement financial models (income statement, balance sheet, and cash flow statement) from scratch to analyze financial performance and project future outcomes.
  • Collaborate with senior management to identify operational inefficiencies and recommend corrective actions.
  • Assist in the preparation and execution of bankruptcy filings and related documentation.
  • Conduct financial analysis and due diligence to support restructuring initiatives.
  • Communicate effectively with stakeholders, including creditors, investors, and legal advisors.
  • Monitor and report on the progress of restructuring plans and adjust strategies as needed.

Qualifications:
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant certification (e.g., CFA, CPA) is a plus.
  • 3-7 years of experience in turnaround and restructuring, financial consulting, or a related field.
  • Proven experience in building 13-week cash flow forecasts and 3-statement financial models from scratch.
  • Strong understanding of bankruptcy processes and procedures.
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Proficiency in financial modeling software and Microsoft Office Suite.
Desired Skills and Experience
Job Title: Turnaround and Restructuring Consultant

Location: NYC, Chicago, or LA

Company Overview:
Our client, a dynamic and growing turnaround and restructuring firm, specializes in providing strategic solutions to distressed businesses. They are seeking a talented and experienced Turnaround and Restructuring Consultant to join their team. This firm prides itself on delivering tailored financial and operational strategies to help clients navigate complex challenges and achieve sustainable growth.

Position Overview:
The Turnaround and Restructuring Consultant will play a critical role in developing and implementing financial restructuring plans. The ideal candidate will have 3-7 years of experience in turnaround and restructuring, with a strong background in building 13-week cash flow forecasts and 3-statement financial models from scratch. Familiarity with bankruptcy processes and procedures is essential.

Key Responsibilities:
Develop and implement comprehensive turnaround strategies for distressed businesses.
Build detailed 13-week cash flow forecasts from scratch to support liquidity management.
Construct 3-statement financial models (income statement, balance sheet, and cash flow statement) from scratch to analyze financial performance and project future outcomes.
Collaborate with senior management to identify operational inefficiencies and recommend corrective actions.
Assist in the preparation and execution of bankruptcy filings and related documentation.
Conduct financial analysis and due diligence to support restructuring initiatives.
Communicate effectively with stakeholders, including creditors, investors, and legal advisors.
Monitor and report on the progress of restructuring plans and adjust strategies as needed.

Qualifications:
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant certification (e.g., CFA, CPA) is a plus.
3-7 years of experience in turnaround and restructuring, financial consulting, or a related field.
Proven experience in building 13-week cash flow forecasts and 3-statement financial models from scratch.
Strong understanding of bankruptcy processes and procedures.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills.
Ability to work independently and as part of a team in a fast-paced environment.
Proficiency in financial modeling software and Microsoft Office Suite.
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