Advisory Manager Turnaround and Restructuring

Position Summary

The Deloitte Turnaround and Restructuring practice is a premier team of advisory professionals specializing in providing turnaround/interim management, restructuring, performance improvement, bankruptcy accounting, and lender/creditor advisory services to companies, lenders, investors, and their stakeholders. Learn more about Deloitte Risk and Financial Advisory's Restructuring practice.

Work you'll do

As a Manager within our practice, you will:

• Advise clients on the complex issues surrounding critical financial and economic events, and high-profile transactions
• Identify opportunities for efficiencies in process and innovative approaches to completing scope of work
• Build, manage, and evaluate3-statement financial models, conduct financial analysis, and create financial statement projections
• Prepare, manage, and analyze 13-week cash flow models, in both in and out-of-court situations
• Plan and lead interviews with clients to understand complex financial and operational situations
• Lead project work streams, including overseeing and review the day-to-day work of junior staff with oversight from project leadership
• Develop ad-hoc financial and operational data and KPI analyses as requested by senior team members
• Create client-ready deliverables and make presentations to clients
• Build strong relationships with clients and identify areas to expand our business
• Participate in market-building activities, including preparation of proposal / pitch and marketing materials
• Assist with the building of internal tools and templates to support our client service offerings
• Understanding of the key operational performance drivers of a business
• Ability to extract useful information from data
• Communicates effectively to all levels of engagement management, professional demeanor, and strong communication skills, both written and oral
• Proven experience effectively prioritizing workload to meet deadlines and work objectives
• Ability to manage aspects of multiple work streams and train lower-level staff
• Uses problem solving skills to provide alternative solutions to complex issues
• Ability to assume full responsibility for quality control and accuracy of client deliverables

• Bachelor's in Accounting, Finance, and/or Economics
• Minimum of 6-8 years of work experience in corporate restructuring, Rx or distressed investment banking, commercial bank credit, and/or consulting or corporate positions with a financial or accounting focus
• Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
• Demonstrate experience in the following areas:
  • Experience on company-side and lender advisory restructuring engagements
  • Advanced skills in Excel; practical experience financial modeling including the ability to build a 13-week cash flow and three statement financial model from scratch
  • Understanding of the bankruptcy process
  • Strong company and industry research ability, including tools such as CapitalIQ, Refinitiv, Reorg, and similar
  • Analysis of cash flows and preparation of 13-week cash flow forecast models
  • Advanced Microsoft Word, PowerPoint ability; Alteryx, tableau, SQL, Power BI a bonus

• Prior corporate finance or restructuring experience strongly preferred
• MBA preferred
• Professional certification such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Turnaround Professional (CTP), or Certified Insolvency and Restructuring Advisor (CIRA) or demonstrated progress toward such certifications