T&R Associate -- Chicago
Role: Turnaround & Restructuring Associate
About our Client:
Our client is a premier boutique firm specializing in restructuring advisory, turnaround management, Insolvency, and M&A Advisory -- they are looking to find their next Associate. This is a unique opportunity to join a team of seasoned professionals who bring deep managerial and financial expertise to help businesses navigate complex challenges and return to profitability.
Our client is known for its hands-on approach, combining strategic insight with operational execution. Their consultants work closely with client leadership-from the C-suite to the shop floor-to uncover inefficiencies, build trust, and drive meaningful change. The firm's culture values intellectual honesty, diplomacy, and a tenacious spirit, making it an ideal environment for professionals who thrive in dynamic, high-impact settings.
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.
Key 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.
What We're Looking For
- 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.
Expected Compensation:
Base Salary: $125k - $140k
Bonus: ~20-25% Discretionary
FAQs
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That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
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