Senior Associate, Turnaround & Restructuring

Role Overview

We are recruiting a senior associate consultant to join our Turnaround & Restructuring (T&R) team. This role offers the opportunity to leverage your finance or accounting background and grow your career in T&R consulting. The role may be based in New York, Dallas, Chicago, or other select locations.

• Independently structures basic issue analyses contributes to hypothesis generation
• Builts analytical tools and financial analyses that show a proper understanding of competing needs (timing, flexibility, detail, risk) with limited direction
• Identifies and articulates opportunities for more advanced analytic approaches outside of basic Excel
• Drafts client ready data requests
• Manages administrative and organizational matters of engagement
• Assembles reports, graphs, and tables with limited guidance
• Presents work, as required, both internally and to clients
• Interfaces directly with more senior clients to gather data and develop analyses in areas of responsibility
• Demonstrates a basic understanding of credit agreement terms
• Calculates covenant compliance
• Applies common restructuring concepts apply to distressed situations
• Beginning to identify potential issues related to complex accounting or financial concepts (taxes, impairments, pensions, currencies, etc.)
• Prepares high level valuation, with guidance
• Understands common bankruptcy terms and key provisions of the code
• Understands principles of Chapter 11, POR, and 363 sale
• Understands key activities of bankruptcy preparation
• Mentors Associates when appropriate including review of work product and recommendations for improvements

• Minimum of 2 years of relevant experience with a top tier restructuring consulting firm
• An undergraduate degree from a top academic institution with a strong GPA
• Advanced degree(s) and applicable professional certification(s) are preferred (CFA, CIRA, CPA)
• Restructuring experience required
• Experience with financial modeling including 3 statement analysis and 13-week cash flow models
• Ability and willingness to undertake extensive travel is required
• Willingness to work at times, long hours during the week and on weekends due to client demands may be necessary
• Experience with analytical tools and financial analyses that show a proper understanding of competing needs (timing, flexibility, detail, risk) with limited direction
• Identifies and articulates opportunities for more advanced analytic approaches outside of basic Excel
• Demonstrates ability to contribute to identification of key issues
• Able to understand concepts of data patterns and trends
• Exhibits critical thinking and problem solving capability
• Demonstrates ability to synthesize analysis and draw conclusions

A reasonable estimate of the current base pay range is between $65,000 to $155,000; this range is not a promise of a particular wage.

The range does not include additional benefits outside of salary and has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.

Ankura is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.