Turnaround & Restructuring Associate (Hybrid)

Accordion; New York (NY); Hybrid; USD 98,000 - 150,000; Full time

Job summary

Accordion Partners, a premier advisor in private equity–backed finance, seeks Turnaround & Restructuring professionals to deliver analytical reports, 13-week cash flow forecasts, and dynamic 3-statement models for diverse middle-market engagements.

Based in the US with a hybrid work model offering two remote days weekly, you will collaborate across teams to support strategic plans, capital structure analysis, and contingency options while building trusted client relationships.

Qualifications

• 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/maintaining fully dynamic, integrated 3-statement financial models.

Responsibilities

• Analyze current and historical business performance and capital structure.
• Develop 13-week cash flow forecasts outlining liquidity profile and cash needs.
• Create dynamic financial models showing historical and forecasted performance.
• Support creation and preparation of corporate strategic plans.
• Provide implementation support to approved business plans and strategies.
• Engage with client personnel and management to achieve objectives.
• Develop appraisal of business options and contingency plans as needed.
• Gather and organize large data sets, even if incomplete.
• Support the development of quality client deliverables.
• Provide interim support on operating functions and duties as directed.
• Assist in bankruptcy preparation and administration.

Skills

Advanced financial modeling

Microsoft Excel

Financial statement analysis

Client relationship management

Team leadership

Analytical writing

Education

Bachelor's degree in finance/accounting

MBA or equivalent

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Be alert: Scammers are impersonating recruiters on job boards, falsely offering jobs and soliciting money or personal information from job seekers. To protect yourself, only communicate with recruiters using official Accordion.com email addresses, be cautious of requests for sensitive information or money, and verify information directly from our website.

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.

Please note that as per Accordion policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our inclusive diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that Accordion will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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Accordion’s headquarters are in New York, with offices in Atlanta, Boston, Charlotte, Chicago, Dallas, Los Angeles, and San Francisco.

This position must be based in one of our office locations as listed above and is a hybrid role with the flexibility to work remotely 2 days a week.