Turnaround & Restructuring Manager - Finance Leader

EY; Chicago (IL); On-site; USD 198,000 - 242,000; Full time

Benefits offered by this job

Continuous learning

Hybrid work model

Diverse and inclusive culture

Structured leadership development

Job summary

EY Parthenon in Chicago is seeking a Manager in Turnaround and Restructuring to lead engagement teams on financial and operational strategies that improve liquidity and shareholder value. You will advise distressed companies on viability, cash flow forecasting, and restructuring options, while preparing analyses and market reports.

The role requires 3–5+ years in restructuring/advisory, strong modeling skills, and experience supervising teams. Expect up to 80% travel and a hybrid work approach.

Qualifications

• Bachelor's degree + 5 years progressive work experience or Master’s degree + 3 years of related work experience.
• 3 years of quantitative or qualitative analysis experience.
• 3 years of financial restructuring and/or advisory work for creditors or distressed companies.
• 2 years of project management experience and supervising engagement teams.
• 3 years of financial modeling and valuations experience.

Responsibilities

• Manage and supervise staff on engagement projects to help clients improve liquidity, credit access and shareholder return.
• Advise distressed companies and debtors on turnaround planning, cash flow analysis and restructuring alternatives.
• Conduct due diligence and prepare complex financial analyses and models.
• Provide input on deal structuring and strategic decisions; gather market data into usable reports.

Skills

Quantitative analysis

Qualitative analysis

Financial modeling

Valuations

Project management

Team supervision

Education

Bachelor's degree in Business Administration, Finance, Accounting, Economics or related field

Master’s degree in Business Administration, Finance, Accounting, Economics or related field

Job description

EY Parthenon in Chicago is seeking a Manager in Turnaround and Restructuring to lead engagement teams on financial and operational strategies that improve liquidity and shareholder value. You will advise distressed companies on viability, cash flow forecasting, and restructuring options, while preparing analyses and market reports.

The role requires 3–5+ years in restructuring/advisory, strong modeling skills, and experience supervising teams. Expect up to 80% travel and a hybrid work approach.