Turnaround & Restructuring Associate -- Lateral Experience
Turnaround & Restructuring Associate -- Lateral Experience
Job Title: Turnaround and Restructuring Associate
Location: New York, NY
Company Overview: Our client is a boutique restructuring firm based in New York, specializing in providing comprehensive turnaround and restructuring services to distressed companies. The team of experienced professionals is dedicated to helping clients navigate financial challenges and achieve sustainable growth.
Job Summary: As a Turnaround and Restructuring Associate, you will play a critical role in supporting the execution of restructuring and turnaround engagements, whether it is financial modeling, working on business plans, or being third-party/client facing. You will work closely with senior team members to analyze financial data, develop strategic plans, and implement operational improvements for clients facing financial distress.
Key Responsibilities:
- Conduct thorough financial assessments to identify key issues and opportunities for improvement.
- Assist in the development and implementation of restructuring plans, including debt restructuring and operational enhancements.
- Collaborate with clients to gather and analyze financial and operational data.
- Prepare detailed financial models, forecasts, and reports to support decision-making processes.
- Participate in client meetings and presentations, providing insights and recommendations.
- Monitor and track the progress of restructuring initiatives, ensuring timely execution.
- Support the negotiation of agreements with creditors, stakeholders, and other parties involved in the restructuring process.
- Stay up-to-date with industry trends and best practices in turnaround and restructuring.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- 3-5 years of experience in restructuring or turnaround consulting
- Strong analytical and financial modeling skills, including 13-week cash flows and 3-financial statements.
- Excellent communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.
- Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
- Detail-oriented with strong organizational skills.
- Ability to work independently and as part of a team.
Preferred Qualifications:
- MBA or relevant advanced degree.
- Experience with distressed companies and/or bankruptcy proceedings.
- Knowledge of industry-specific challenges and opportunities.
Expected Compensation:
$110,000 - $150,000 with a Discretionary Bonus
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.