Restructuring and Turnaround Services - Manager (Value Creation)

Riveron; Chicago (IL); On-site; USD 135,000 - 175,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) with company match

Paid Time Off (PTO)

Job summary

A business advisory firm is seeking a Manager for their RTS Value Creation team in Chicago. The role involves executing operationally focused initiatives to drive performance and improve EBITDA for both underperforming and healthy businesses. Candidates should have over 5 years of related experience, strong operational finance capabilities, and the ability to engage with stakeholders. This full-time role offers a salary range of $135K – $175K and full benefits including health insurance and 401(k).

Qualifications

• 5+ years of experience in value creation, financial and/or operational consulting.
• Experience contributing to EBITDA and cash flow improvement initiatives.
• Demonstrated ability to support performance improvement initiatives.
• Experience supporting value creation initiatives with Private Equity sponsors.

Responsibilities

• Support operational and financial diagnostics to identify key performance drivers.
• Identify and prioritize EBITDA and cash flow improvement opportunities.
• Develop actionable, bottom-up improvement plans with clear KPIs.
• Drive execution of cost optimization and performance initiatives.

Skills

Value creation experience

Financial analysis

Strong communication skills

Operational finance capabilities

Ability to operate in high-intensity environments

Education

MBA or advanced degree

Job description

Riveron is a business advisory firm focused on the office of the CFO, private equity, and other capital providers. Our Restructuring & Turnaround Services (RTS) team partners with companies and stakeholders to improve performance and drive enterprise value.

We are seeking a Manager to join our RTS Value Creation team. This role supports the execution of operationally focused value creation initiatives for both underperforming and healthy businesses. Managers play a key role in driving analysis, developing insights, and supporting implementation efforts, working closely with senior leadership and client teams to deliver measurable results.

Who You Are

• Required Qualifications:
  • 5+ years of experience in value creation, financial and/or operational consulting, or performance improvement
  • Experience contributing to EBITDA and cash flow improvement initiatives
  • Demonstrated ability to support diagnostic, design, and execution of performance improvement initiatives
  • Strong operational finance capabilities, including financial analysis, variance analysis, and understanding of cost structures
  • Experience supporting value creation initiatives in partnership with Private Equity sponsors
  • Experience supporting cross‑functional operational initiatives across supply chain, manufacturing, procurement, and/or commercial functions
  • Ability to operate effectively in time‑sensitive, high‑intensity environments
  • Strong communication skills and ability to engage with senior stakeholders
• Preferred Qualifications:
  • Experience conducting or supporting Quality of Earnings (QoE) analyses and translating findings into operational value creation plans
  • Experience in shop floor or plant‑level environments with the ability to engage credibly with operations leadership
  • Background as an operator (e.g., interim leadership or line management)
  • Experience in industrials, manufacturing, distribution, or business services sectors
  • MBA or advanced degree
  • Familiarity with leveraging data analytics and AI‑enabled tools to enhance financial analysis, operational insights, and decision‑making

What You’ll Do

• Support and execute operational and financial diagnostics to identify key performance drivers, including detailed financial and variance analysis
• Support the identification, quantification, and prioritization of EBITDA and cash flow improvement opportunities
• Develop and support execution of actionable, bottom‑up improvement plans with clear KPIs and milestones
• Drive day‑to‑day execution of cost optimization and performance initiatives, working closely with client teams
• Support senior leaders in partnering with executive leadership, Boards, lenders, and Private Equity sponsors
• Support and contribute to cross‑functional initiatives across:
  • COGS and SG&A optimization, including analysis of standard vs. actual costs and bills of material
  • Manufacturing, supply chain, and procurement improvement
  • Customer, product, and SKU profitability
  • Pricing and commercial effectiveness
  • Working capital optimization and cash management
• Translate financial and operational insights into actionable strategies and execution plans that drive measurable value
• Manage workstreams and mentor junior team members while ensuring quality and timely delivery
• Contribute to business development efforts and support sponsor communications
• Play a hands‑on role in analysis, modeling, and on‑the‑ground execution with client teams

Applications for this evergreen opportunity will be accepted through Dec 31, 2026.

About Riveron

At Riveron, we partner with clients—from global multinationals to high‑growth private entities—to solve complex finance challenges, guided by our DELTA values: Drive, Excellence, Leadership, Teamwork, and Accountability. Our entrepreneurial culture thrives on collaboration, diverse perspectives, and delivering exceptional outcomes. We are committed to fostering growth, both for our clients and our people, through mentorship, integrity, and a client‑centric approach. This inclusive environment offers flexibility, progressive benefits, and meaningful opportunities for impactful work that supports well‑being in and out of the office.

Riveron Consulting is an Equal Opportunity Employer and believes that we are stronger together through our diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.

Full‑time roles are eligible for a full range of benefits including medical, dental, and vision insurance, 401(k) with company match, and PTO. A complete description of all available benefits can be found at Riveron’s Benefits page at https://riveron.com/riveron-life/. Contract roles are not eligible for benefits.

Compensation Range: $135K – $175K