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: Primarily 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
Compensation
$140,000 + Bonus