Senior Associate, Business Restructuring & Turnaround Services

BDO Canada LLP; Toronto; On-site; CAD 72,000 - 110,000; Full time

Job summary

BDO Canada LLP in Toronto is seeking a Senior Associate to join our Corporate Restructuring group. You’ll work on distressed companies and creditors, including receiverships and bankruptcies, building cash flow models and strategic recovery plans while coordinating with management, lenders and legal counsel.

You thrive under pressure, communicate clearly, and enjoy problem solving. This hands-on role offers broad exposure across restructuring engagements and opportunities for professional growth

Qualifications

• 2–3 years of experience in a professional accounting services firm (Audit experience is an asset)
• CPA designation obtained or in progress
• Interest in pursuing the CIRP designation and developing a long-term career in restructuring
• Strong analytical and problem‑solving skills with a structured approach
• Strong financial analysis and modelling skills, with proficiency in MS Office, particularly Excel
• Excellent written and verbal communication skills
• Detail-oriented with strong organizational skills and ability to juggle multiple priorities
• Flexibility to work outside standard business hours and travel to client locations as needed

Responsibilities

• Analyzing financial data, accounting records, and financial models
• Assessing business plans, forecasts, and financial positions of distressed companies
• Preparing financial projection models, including 13‑week cash flow forecasts, and scenario analyses
• Supporting turnaround and restructuring strategies, including liquidity management, operational stabilization and recovery planning
• Supporting the execution of formal restructuring mandates including Receiverships, Proposals, and Bankruptcies
• Preparing formal reports to stakeholders, creditors, and the Courts
• Working directly with management teams, lenders, creditors, legal counsel and other professional advisors throughout engagements
• Taking ownership of key workstreams and deliverables while managing multiple engagements and timelines concurrently
• Managing sales processes for the disposition of distressed assets and businesses
• Participating in practice development and business networking initiatives

Skills

Analytical skills

Financial analysis

Financial modelling

Communication

Attention to detail

Travel readiness

Education

CPA designation obtained or in progress

Tools

MS Office

Excel

Job description

Putting people first, every day BDO is a firm built on a foundation of positive relationships with our people and our clients. Each day, our professionals provide exceptional service, helping clients with advice and insight they can trust. In turn, we offer an award-winning environment that fosters a people-first culture with a high priority on your personal and professional growth.

Your Opportunity

We’re looking for a Senior Associate to join our Corporate Restructuring group. This is a new role and a unique opportunity for someone who wants to build a meaningful career in financial advisory—where you’ll be on the front lines of helping companies and creditors manage through disruption and change. Our team works with creditors in recovering their debts through receiverships and bankruptcies, acting as court-appointed officers to preserve and maximize value. We also assist distressed businesses to stabilize operations, assess strategic alternatives, improve liquidity, develop turnaround plans, and lead financial restructurings—both formal and informal. Some days, that might mean building a cash flow model or preparing a strategic recovery plan. Other days, you’re managing the sale of a business, preparing Court reports, or working alongside management teams, lenders and legal counsel to solve complex financial challenges. In restructuring, no two engagements are quite the same. This is a hands‑on, dynamic role suited for someone who thrives under pressure, communicates clearly, and genuinely enjoys problem solving. It’s challenging—but also incredibly rewarding. This is a new role, and you’ll be part of a high‑performing team that celebrates contributions and fosters professional growth, while gaining broad exposure across restructuring and turnaround engagements.

What You’ll Be Doing

• Analyzing financial data, accounting records, and financial models
• Assessing business plans, forecasts, and financial positions of distressed companies
• Preparing financial projection models, including 13‑week cash flow forecasts, and scenario analyses
• Supporting turnaround and restructuring strategies, including liquidity management, operational stabilization and recovery planning
• Supporting the execution of formal restructuring mandates including Receiverships, Proposals, and Bankruptcies
• Preparing formal reports to stakeholders, creditors, and the Courts
• Working directly with management teams, lenders, creditors, legal counsel and other professional advisors throughout engagements
• Taking ownership of key workstreams and deliverables while managing multiple engagements and timelines concurrently
• Managing sales processes for the disposition of distressed assets and businesses
• Participating in practice development and business networking initiatives

How do we define success for your role?

You demonstrate BDO's core values through all aspects of your work: Integrity, Respect and Collaboration

You understand your client’s industry, challenges, and opportunities; clients describe you as positive, professional, and delivering high‑quality work

You identify, recommend, and are focused on effective service delivery to your clients

You share in an inclusive and engaging work environment that develops, retains & attracts talent

You actively participate in the adoption of digital tools and strategies to drive an innovative workplace

You grow your expertise through learning and professional development

Your Experience and Education

• 2–3 years of experience in a professional accounting services firm (Audit experience is an asset)
• CPA designation obtained or in progress
• Experience in corporate restructuring, insolvency, or turnaround is a strong asset—but not required. We’ll train the right candidate.
• Interest in pursuing the Chartered Insolvency and Restructuring Professional (CIRP) designation and developing a long‑term career in restructuring
• Strong analytical and problem‑solving skills, with a structured approach to tackling complex issues
• Strong financial analysis and modelling skills, with proficiency in MS Office, particularly Excel
• Excellent written and verbal communication skills
• Detail‑oriented, with strong organizational skills and the ability to juggle multiple priorities
• Flexibility to work outside standard business hours and travel to client locations as needed

The compensation range for this position is $72,000 to $110,000 annually.

Why BDO?

Our people‑first approach to talent has earned us a spot among Canada’s Top 100 Employers for 2026.

This recognition is a milestone we’re thrilled to add to our collection of awards for both experienced and student talent experiences.

At BDO, our people experience is guided by three core pillars—Do work with genuine care, Do what matters with purpose, and Do what’s next - shaping how we support our people, serve our clients, and grow together.

Our firm is committed to providing an environment where you can be successful in the following ways:

We enable you to engage with how we change and evolve, being a key contributor to the success and growth of BDO in Canada.

We help you become a better professional within our services, industries, and markets with extensive opportunities for learning and development.

We support your achievement of personal goals outside of the office and making an impact on your community.

We foster a collaborative, inclusive environment where your ideas are valued, and you can do your best work with genuine care and purpose.

We encourage innovation and forward thinking, empowering you to embrace what’s next and help shape the future of our firm.

Giving back adds up: Where company meets community.

BDO is actively involved in our communities by supporting local charity initiatives.

We support staff with local and national events where you will be given the opportunity to contribute to your community.

Flexibility:

All BDO personnel are expected to spend some of their time working in the office, at the client site, and virtually unless accommodations or alternative work arrangements are in place. Our model is a blended approach designed to support the flexible needs of our people, the firm and our clients. It’s about creating work experiences that meet everyone’s needs and providing flexibility to adjust when, where and how we work to meet the expectations of our role.

Code of Conduct:

Our Code of Conduct sets clear standards for how we conduct business. It reflects our shared values and commitments and includes guiding principles to help us make ethical decisions and maintain trust with each other, our clients, and the public.

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Ready to make your mark at BDO?

When it comes to our people, we believe in helping you unlock possibilities, build your passions, and grow your competitive edge.

From our expansive client base to growing talent pool, our people are the core of BDO.

Our multi‑award winning talent experience continues to make us proud.

Our culture is open and collaborative.

We foster inclusive ways to thinking and celebrate diversity among all contributors.

We respect each other, do all things with integrity, and support our people to be their most authentic selves.