Turnaround & Restructuring Associate
Selby Jennings · Chicago, IL · 2 wk ago
Consulting$115k–$140k/yrFull-time
About the role
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.
Responsibilities
- 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.
Requirements
- 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.
Qualifications
- 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.
Skills
- Sharp analytical mind.
- Strong interpersonal skills.
- Ability to manage multiple fast-paced projects.
Benefits
- Base Salary: $115k - $140k
- Bonus: ~20-25% Discretionary