Restructuring Associate Director
Selby Jennings · New York, NY · 2 wk ago
Consulting$140k–$180k/yrFull-time
Duties
- 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 staff
Requirements
- Bachelor's degree required; MBA, CPA, CFA, CIRA, CTP a plus
- 4-8 years' 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
- Strong data analytics and data visualization skills
- Able to extract meaningful information from incomplete or unstructured data
- Strong problem-solving skills with the ability to provide alternative explanations for intricate issues
- Proficient use, analysis and development of financial models
- Proficient with Microsoft Excel, PowerPoint, Word, Power BI, Bloomberg, Capital IQ and related software and systems
- Comfortable working in international and cross border environments
Skills
- Intellectual curiosity is a must!
- Must be willing to travel
Compensation
$140,000 - $180,000 base