Restructuring Director
Director - Turnaround & Restructuring Advisory
Location: Chicago, IL (Hybrid)
Position Summary:
Our client is seeking a dynamic and experienced Director to join its Turnaround & Restructuring Advisory practice in Chicago. This leadership role is ideal for a strategic thinker with deep financial acumen, operational insight, and a proven track record of guiding companies through complex financial and operational challenges. The Director will lead client engagements, manage teams, and contribute to business development efforts across distressed and special situations.
Key Responsibilities:
- Lead and manage client engagements involving turnaround, restructuring, liquidity management, and performance improvement.
- Develop and execute strategic plans for underperforming or distressed companies, including operational restructuring, cost reduction, and working capital optimization.
- Advise clients on bankruptcy preparation, creditor negotiations, and out-of-court restructuring alternatives.
- Conduct financial analysis, including 13-week cash flow forecasts, business plan reviews, and liquidation analyses.
- Serve as a key point of contact for clients, lenders, legal advisors, and other stakeholders.
- Mentor and develop junior staff, fostering a collaborative and high-performance team environment.
- Support business development initiatives, including proposal development, client pitches, and relationship management.
- Stay current on industry trends, market developments, and regulatory changes impacting restructuring and insolvency.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or CPA/CFA preferred.
- 8-12 years of relevant experience in turnaround, restructuring, corporate finance, or related advisory services.
- Experience working with distressed companies, private equity sponsors, and/or legal advisors.
- Strong financial modeling, valuation, and analytical skills.
- Excellent communication, negotiation, and stakeholder management abilities.
- Demonstrated leadership in managing teams and client relationships.
- Familiarity with Chapter 11 bankruptcy processes and related legal frameworks is a plus.
Preferred Certifications:
- CTP (Certified Turnaround Professional)
- CPA, CFA, or other relevant financial certifications
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