Associate- Turnaround & Restructuring/PE Consulting

Role: Turnaround & Restructuring/PE Consulting Associate

Location: Chicago, IL

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: $115k - $140k

Discretionary Bonus: 25 -40%+