Turnaround & Restructuring Associate

Location:

Chicago, IL

As an Associate, you'll be at the heart of client engagements, helping companies stabilize liquidity, improve performance, and chart a path forward. You'll work directly with management teams to gather facts, develop financial models, and deliver actionable insights. This role demands a sharp analytical mind, strong interpersonal skills, and the ability to manage multiple fast‑paced projects.

• Lead day‑to‑day execution of client engagements, including data analysis, stakeholder communication, and deliverable preparation.
• Develop detailed financial models, including 13‑week cash flows and 3‑statement projections.
• Collaborate with firm leadership and client executives to identify and solve complex financial and operational issues.
• Prepare strategic business plans, profitability analyses, and presentations for lenders and investors.
• Support liquidity management and provide interim leadership in finance and FP&A functions.
• Contribute to marketing and business development efforts by building relationships and attending industry events.

• Bachelor's degree in Finance or Accounting (MBA, CPA, CFA, or CTP a plus).
• 5+ years of experience, ideally with exposure to restructuring or turnaround work.
• Additional desired experience can include:
  Audit, TAS, M&A Consulting, Corporate Development, Investment Banking FP&A, and Deal Advisory.
• Prior T&R/13‑week cash flow experience is a plus.
• Exceptional modeling and analytical skills, with a deep understanding of financial statements.
• Strong communication and relationship‑building abilities across all levels of an organization.
• High energy, adaptability, and a collaborative mindset.
• Willingness to travel (approximately 30%) and work on‑site with clients as needed.