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