Job Description: Turnaround & Restructuring Analyst/Associate
Company Overview: Our client is an industry-leading turnaround and restructuring firm dedicated to assisting distressed companies in navigating complex financial challenges. Their team of seasoned professionals specializes in providing tailored solutions to clients across various industries, driving operational efficiency, and facilitating strategic transformations to achieve sustainable growth. With strong deal flow, they are targeting professionals at all levels at the firm!
Location: New York, NY & Miami, FL
Job Overview: As a Turnaround and Restructuring Analyst or Associate, you will play a pivotal role in executing engagements and guiding distressed companies through critical financial and operational transitions. Leveraging your expertise in financial analysis, strategic planning, and stakeholder management, you will collaborate closely with clients to develop and implement comprehensive turnaround strategies. This role offers a unique opportunity to work with a diverse portfolio of clients, ranging from mid-sized enterprises to multinational corporations, and make a tangible impact on their long-term viability and success. Our client is looking for strong lateral experience in Turnaround and Restructuring, Bankruptcies, and the distressed space.
Key Responsibilities:
- Work with and build out 13-week cash flow, 3-financial statement, and additional financial models
- Conduct comprehensive financial assessments and performance analyses to identify underlying issues contributing to distress
- Develop and execute tailored turnaround plans, encompassing cost optimization, liquidity management, and debt restructuring strategies
- Engage with key stakeholders, including company management, creditors, investors, and legal advisors, to facilitate consensus and drive decision-making processes
- Provide hands-on operational support and guidance to streamline business processes, enhance organizational effectiveness, and maximize value creation opportunities
- Monitor and track performance against turnaround objectives, adjusting strategies as necessary to ensure successful implementation and sustainable results
- Prepare detailed financial models, forecasts, and presentations to communicate findings, recommendations, and progress updates to internal teams and external stakeholders
- Work in lean deal teams to foster a collaborative and supportive work environment conducive to professional growth and development
- Travel for client on-sites and consultation is required
Qualifications:
- Bachelor's degree in Finance, Business Administration, Economics, or related field; MBA or advanced degree preferred
- Minimum of 3 years of experience in turnaround and restructuring consulting, investment banking, leveraged finance, private equity, FP&A, and/or corporate restructuring roles
- CPA and CIRA certifications also desired
- Proven track record of successfully leading complex restructuring projects from inception to completion, delivering measurable results and value for clients
- Deep understanding of financial analysis, accounting principles, and valuation methodologies, with the ability to interpret and analyze complex financial data
- Strong interpersonal skills and ability to build rapport with diverse stakeholders, demonstrating exceptional communication, negotiation, and influencing capabilities
- Strategic mindset with a focus on problem-solving, creativity, and innovation, coupled with a results-driven orientation and sense of urgency
- Proficiency in financial modeling, Microsoft Excel, PowerPoint, and other relevant software tools.
Compensation Ranges:
Base Salary: $137,000 - $160,000
All-in Compensation: $200,000 - $250,000
