Director - Healthcare Turnaround & Restructuring


Chicago
Permanent
USD140000 - USD140000
Finance and Accounting
PR/597925_1782152270
Director - Healthcare Turnaround & Restructuring

Director - Healthcare Turnaround & Restructuring

Company Overview

Our client is a boutique advisory firm focused on turnaround and restructuring within the healthcare sector, primarily serving middle-market companies. The firm partners with organizations navigating financial distress, operational challenges, and periods of transition, delivering hands-on advisory solutions across both in-court and out-of-court situations.

With a collaborative, small-team environment and a strong emphasis on high-quality execution, the firm offers professionals the opportunity to take ownership of engagements, work closely with senior leadership, and have a tangible impact on client outcomes.

Position Overview

Our client is seeking a Director (8+ years of experience) to lead and execute healthcare restructuring engagements. This individual will be responsible for managing client engagements end-to-end, driving financial and operational analyses, and developing and implementing turnaround strategies.

This role is ideal for a versatile leader with both consulting and finance expertise who can operate effectively in a lean team environment, while also contributing to business development initiatives and firm growth.

Key Responsibilities

  • Lead the delivery of restructuring and turnaround engagements, translating scope into actionable workplans and managing execution
  • Conduct detailed financial and operational analyses to diagnose performance issues across cash flow, profitability, capital structure, and strategic positioning
  • Build and oversee financial models, including 13-week cash flow forecasts and integrated 3-statement projections
  • Develop and implement turnaround and restructuring strategies, including liquidity management, cost optimization, and capital solutions
  • Evaluate strategic alternatives, including out-of-court restructurings and formal insolvency processes
  • Prepare client-ready reports, presentations, and stakeholder updates; support court-related reporting when applicable
  • Collaborate with company management, lenders, creditors, and external advisors to execute restructuring plans
  • Support or step into interim management roles (e.g., CFO, COO, Controller) when needed
  • Leverage sector expertise to advise on healthcare industry trends and their impact on client situations
  • Participate in business development efforts, including relationship building and originating new opportunities

Qualifications

  • 8+ years of experience in restructuring, turnaround consulting, or the healthcare sector (or a combination of both)
  • Strong background in financial analysis, modeling, and performance diagnostics
  • Experience leading engagements and managing client relationships
  • Exposure to distressed situations, restructuring processes, and/or insolvency scenarios
  • Demonstrated ability to develop and implement actionable turnaround strategies
  • Strong written and verbal communication skills with experience presenting to senior stakeholders
  • Bachelor's degree required; CPA, CFA, or similar financial designation preferred
  • Proven leadership ability and experience working in lean, high-performance teams

Additional Details

  • Work Environment: Remote with travel for client engagements and business development
  • Team Structure: Lean, collaborative teams with significant responsibility and ownership
  • Culture: Entrepreneurial, high-caliber, and execution-focused
  • Industry Focus: Healthcare services and related sectors
  • Career Progression: Clear path to senior leadership and potential partnership opportunities

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 resume and details on file so when we see similar roles or see skillsets that drive growth in organizations, we will always reach out to discuss opportunities.

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That's why we recommend registering your resume so you can be considered for roles that have yet to be created. 

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