Director -- Turnaround & Restructuring
Job Title: Director - Turnaround & Restructuring
Location: Chicago, IL
Firm Type: Boutique Business Advisory Firm
Employment Type: Full-Time
About Us
Our client is a dynamic, high-impact boutique advisory firm specializing in turnaround, restructuring, and performance improvement for middle-market companies. The team is composed of seasoned professionals who thrive in fast-paced environments and are passionate about helping businesses navigate complex challenges. Our client has been effectively servicing the middle market for over 40 years.
Position Summary
Our client is seeking a strategic and hands-on Director to join its Turnaround & Restructuring practice. This individual will play a critical role in leading client engagements, developing financial strategies, and mentoring junior team members. The ideal candidate will bring deep expertise in turnaround and restructuring, strong financial modeling capabilities, and a collaborative leadership style.
Key Responsibilities
- Lead and manage turnaround and restructuring engagements across various industries.
- Develop and maintain 13-week cash flow models and other financial tools to assess liquidity and operational viability.
- Serve as a key member or leader of deal teams, managing client relationships and internal resources.
- Conduct operational and financial assessments to identify performance improvement opportunities.
- Collaborate with stakeholders including lenders, legal advisors, and company leadership.
- Mentor and develop junior staff, fostering a culture of excellence and continuous learning.
- Support business development efforts through proposal writing, client presentations, and networking.
Qualifications
- Minimum of 8 years of total professional experience, with at least 3 years in turnaround and restructuring.
- Proven experience in financial modeling, especially 13-week cash flow forecasting.
- Strong analytical, problem-solving, and communication skills.
- Demonstrated ability to lead teams and manage multiple workstreams.
- Experience working in a client-facing role within a consulting or advisory environment.
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or CPA preferred.
Expected Compensation:
Base Salary $180,000 - $200,000
Discretionary Bonus: 25% - 50%
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.