3+ LOCATIONS Associate Turnaround & Restructuring

Accordion Partners

New York, Northern (NY, KY)

Hybrid

USD 98,000 - 150,000

Full time

3 days ago
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Job summary

Accordion Partners in New York is seeking Turnaround & Restructuring professionals to deliver financial and operational support on client engagements across industries. The role is hybrid with remote 2 days a week and requires building dynamic financial models and 13-week cash flow forecasts.

Ideal candidates have 3+ years of experience, a finance/accounting background, and graduate business credentials. Strong analytical, writing, and stakeholder management skills are essential for success.

Qualifications

  • Bachelor’s degree in finance and/or accounting preferred.
  • Graduate business degree with finance/ops concentration preferred.
  • Minimum 3+ years of relevant professional work experience.
  • Highly proficient with integrated financial models and 13-week cash flows.

Responsibilities

  • Analyze current and historical business performance and capital structure.
  • Develop 13-week cash flow forecasts and liquidity profiles.
  • Create dynamic 3-statement financial models for client view.
  • Support development of corporate strategic plans.
  • Provide implementation support for approved plans and strategies.
  • Engage with client personnel to achieve objectives.
  • Prepare appraisals of business options and contingency plans.
  • Gather and organize large data sets for analysis and reporting.
  • Contribute to high-quality client deliverables.
  • Provide interim support on operating functions and duties as directed.
  • Assist in bankruptcy preparation and administration.
  • Travel to client site as needed.

Skills

3+ years exp
Analytical skills
Business writing
Stakeholder mgmt
Project leadership

Education

Bachelor’s degree in finance/accounting
Graduate business degree

Tools

Microsoft Word
Microsoft Excel
PowerPoint

Job description

We are the better way to work in finance. As private equity’s value creation partner, we sit at the heart of PE—where sponsors and CFOs meet. Through financial consulting rooted in data, technology, and AI, we help clients drive value—supporting the office of the CFO to drive end-to-end value creation.

If you crave challenging work and are looking to grow, come solve complex issues alongside 1,600+ finance & technology experts in a supportive, collaborative environment.

Backed by premier private equity firms and headquartered in New York with 11 offices around the globe, we are a high-growth, entrepreneurial firm looking for people who want to be part of building something great. Come make your mark.

Our nationally recognized turnaround, restructuring and advisory team serves companies and their stakeholders across a wide spectrum of industries and sizes, with a focus on the middle market. We provide clients with a team of seasoned professionals who have notable track records of creating value through both operational turnarounds and financial restructurings.

We are actively recruiting Turnaround & Restructuring professionals to join our team. You will provide extensive financial and operational support on client engagements across a variety of industries and markets; utilize experience and on the job training to successfully deliver reports, models, work product and advice that helps guide the direction and decisions related to client turnaround and/or restructuring objectives.

This role can be based in any of our US office locations and is a hybrid role with the flexibility to work remotely 2 days a week. Ideal candidates should be local to the desired location..

This position is not eligible for immigration sponsorship.

What You’ll Do:
  • Perform analysis of current and historical business performance and capital structure
  • Develop 13-week cash flow forecasts that outline the liquidity profile and cash needs
  • Create dynamic financial models that exhibit the client’s historical and potential future performance
  • Support the creation and preparation of corporate strategic plans
  • Provide implementation support to approved business plans and strategies
  • Engage with client personnel and management as necessary to achieve objectives
  • Develop and furnish appraisal of business options and contingency plans as needed
  • Effectively gather, analyze, and organize large data sets which may be incomplete
  • Support the development of quality client deliverables
  • Provide interim support on operating functions and job duties as directed
  • Assist in bankruptcy preparation and administration
  • Travel to client site as needed
You Have:
  • Bachelor’s degree in finance and/or accounting is preferred
  • Graduate business degree with concentration in finance, accounting and/or operations preferred
  • Minimum 3+ years of relevant professional work experience
  • Hands-on experience building / developing / maintaining fully dynamic, integrated 3-statement financial, and 13-week cash flow models
  • Highly proficient in Microsoft Word, Excel, and PowerPoint
  • Ability to build and sustain strong and trusted relationships with colleagues and stakeholders
  • Demonstrated expertise and aptitude with conducting quantitative and qualitative analyses, particularly with constructing integrated financial models, analyzing financial underperformance and related services
  • Experience working on projects delivering independent business reviews, short term cash flow assessments, capital structure analysis, and contingency planning
  • Capacity to thrive in a fast-paced, challenging, and uncertain environment
  • Deep understanding of how to interpret and analyze financial statements
  • Possess strong analytical and business writing skills
  • Able to work well under pressure and independently yet understand when to ask for guidance
You Are:
  • A self-starter with a strong work ethic
  • A leader of others; you lead by example
  • A strong team player, able to work with team members across all levels
  • Able to effectively communicate complex issues and solutions, and raise issues to senior team members when necessary
  • Comfortable managing projects with multiple complex workstreams while also focused on your single workstream (you are managing and doing).
  • Excited to be part of a growing team, with a focus on driving future growth
  • Full of entrepreneurial spirit and comfortable in a fluid, flat organization
  • Knowledgeable about the relationship between Private Equity sponsors and their portfolio companies
  • Passionate about delivering exceptional client service
  • Someone who enjoys mentoring others and doing meaningful work
  • Willing to get your hands dirty in the details of a project while simultaneously seeing the whole picture

The annual salary for this role ranges from: $97,750 to $150,000 USD + benefits + bonus. Actual compensation packages are determined by evaluating a wide array of factors unique to each candidate, including but not limited to geographic location, skill set, years and depth of experience, education, certifications, cost of labor and internal equity.

Accordion is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

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