Associate Director, Restructuring & Turnaround

About the role

GlassRatner Advisory & Capital Group LLC is seeking a full-time Associate Director in the Turnaround and Restructuring group for their New York Office.

Responsibilities

• Contribute as a core team member in the development and execution of restructuring and turnaround plans
• Prepare analysis of financial information to assess trends and fluctuations that may impact cash flow requirements, business performance and valuation
• Analyze financial statements and projections/budgets and develop financial models including 13-week cash flows, liquidity analysis and integrated 3-statement models
• Lead clients through various processes, including bankruptcy preparation, liquidation analysis, working capital improvements, credit agreement negotiations and claims evaluation
• Utilize analytical, financial and operational skills and knowledge across turnaround, restructuring, bankruptcy and performance improvement engagements
• Advises clients on out-of-court workouts, debt restructurings and bankruptcy planning
• Work with clients to develop business plans and implement business performance management, working capital and cost reduction initiatives
• Develop multi-year financial and operational stabilization and turnaround plans
• Engage with client C-suite executives, lawyers, lenders and other industry professionals
• Prepare pitch books and background analysis on distressed companies and situations
• Communicate effectively with clients and senior team members
• Proactively develop internal and external relationships
• Train, mentor, and support junior team members to enhance performance, professional development, and delivery quality

Qualifications

• Bachelor’s degree in Finance, Accounting or related field from an accredited college/university; MBA, CPA, CFA, CIRA, CTP a plus
• 5-8 years of relevant experience in bankruptcy, insolvency, turnaround & restructuring
• Strong written and verbal communication skills
• Team player, with an ability to excel in a fast-paced working environment
• Solid understanding of the key operational performance drivers of a business
• Strong qualitative and quantitative analytical skills, with the ability to connect business strategy to performance insights and due diligence findings
• Advanced data analytics and visualization skills, with the ability to translate complex data into clear, actionable insights for clients
• Strong problem-solving skills with the ability to provide alternative explanations for intricate issues
• Proficient with Microsoft Excel, PowerPoint, Word, Power BI, Bloomberg, Capital IQ and related software and systems
• Comfortable working in international and cross border environments