Restructuring Manager

Levitate Recruitment - Accountancy and Insolvency Recruitment Specialists; Glasgow; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading restructuring specialist is seeking a Restructuring Manager to join their award-winning team in Glasgow. The ideal candidate will manage a team focusing on formal insolvency and advisory assignments, assisting distressed companies and conducting Independent Business Reviews. Responsibilities include managing cash flow forecasts, drafting reports, and providing mentorship to less experienced staff. This role presents significant growth opportunities within the restructuring services field.

Qualifications

• Significant experience in Restructuring or Advisory roles, particularly with Independent Business Reviews.
• Proven track record in managing and coaching team members.

Responsibilities

• Manage a team focusing on formal insolvency work and advisory assignments.
• Produce Independent Business Reviews to advise creditors.
• Provide guidance to distressed companies on cash flow management.
• Draft advisory letters and reports for external parties.
• Plan workloads and conduct performance evaluations of team members.

Skills

Restructuring/Advisory experience

Team management

Independent Business Reviews

Job description

Due to an influx of new work, Levitate Recruitment are currently recruiting on behalf of a leading restructuring specialist who is looking to add a Restructuring Manager to their award-winning team in Glasgow.

Role:

• You will take responsibility for a team and will focus mainly on formal insolvency work with some advisory assignments.
• Providing help and advice to creditors on the risks their financing is facing by producing Independent Business Reviews.
• Advising distressed and insolvent companies.
• Assisting underperforming businesses to manage cash flow
• Creating cash flow forecast models to assess the long‑term viability of businesses and using the model to advise lenders on whether to increase short‑term lending to safeguard their long‑term investment.
• Undertaking technical research and drafting advisory letters/reports to various external parties.
• Oversee a team of less experienced staff, plan workloads, conduct performance evaluations, provide feedback and recommend and deliver training/ coaching.
• Contribute to the firm’s marketing activities by organising and attending various events.
• On an ad hoc basis, you will be expected to undertake some formal insolvency work.

This firm forecasts significant growth for its Restructuring services over the coming years and is seeking an individual with aspirations to progress into a more senior position in this time.

Requirements:

• Significant Restructuring/Advisory experience, ideally Independent Business Reviews.
• Experience in managing and coaching less experienced team members.