Senior Associate, Management Consulting, Turnaround & Restructuring

Overview

This role is responsible for executing, leading, and training a team of restructuring and transaction support professionals on business restructuring and bankruptcy-related engagements. Work includes bankruptcy litigation support and financial due diligence, addressing complex issues under the direction of a Principal, Director, or Senior Manager.

Responsibilities

• Partner with Principals and decision-makers
• Collaborate with debtor clients to restructure businesses in and out of Chapter 11
• Prepare and analyze complex cash flow forecasts and financial models, including assumptions and detailed supporting schedules
• Assist with refinancing efforts and sale transactions
• Support clients with downsizing operations and meeting operational and financial goals
• Work with buyers (including hedge funds, equity sponsors, and companies) in acquisition due diligence
• Assist creditors in pursuing the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
• Evaluate management’s ability to operate and reorganize
• Ensure compliance with all court filing requirements
• Investigate transactions involving insiders, financial institutions, and other creditors to determine causes of action
• Review financial statements and recommend changes
• Function as a business advisor to clients
• Create interactive models and perform operational and financial analysis, including preparation of financial memorandums
• Support business development activities with appropriate financial research, including preparation of new business proposals
• Deliver consistent, high-quality work in crisis environments on an accelerated timeline
• Willingness to travel
• Perform other duties as required

Supervisory Responsibilities

• Supervise day-to-day workload of team members (Associates and Interns) on assigned engagements; review work product
• Ensure training on relevant software and resources
• Provide periodic performance feedback and complete performance evaluations
• Act as a mentor to Associates and Interns as appropriate

Requirements

• Bachelor’s degree in Accounting, Finance, or other relevant field required
• Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery, or restructuring services required
• Prior experience working within a national public accounting firm or consulting organization preferred
• Strong financial analysis and complex modeling skills, including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations, and due diligence processes
• Strong oral and written communication skills
• Superior analytical and research skills
• Ability to structure complex analyses, gather and analyze data, and provide insights
• Solid organizational skills and ability to meet project deadlines with attention to detail
• Ability to multi-task while working independently or within a group environment
• Excellent research abilities, including familiarity with Capital IQ as well as other research sources
• Proven ability to work in a deadline-driven environment and manage multiple projects simultaneously
• Capable of effectively managing a team of professionals and delegating work assignments as needed
• Ability to build and maintain strong relationships with client personnel
• Ability to successfully interact with professionals at all levels, including attorneys, financial advisors, clients, and prospects
• Intermediate knowledge of bankruptcy and insolvency process

Preferred Qualifications

• CPA certification preferred
• CTP and/or CIRA designation beneficial

Software

• High proficiency in Microsoft Office Suite

Compensation & Benefits

• National Range: $100,000 - $135,000
• Maryland Range: $100,000 - $135,000
• NYC/Long Island/Westchester Range: $100,000 - $135,000

Individual salaries are determined after consideration of numerous factors including, but not limited to, the candidate’s qualifications, experience, skills, and geography.

Benefits may be subject to eligibility requirements.

Location

Maryland; and NYC/Long Island/Westchester (as applicable). The role also indicates a national range for compensation.