Principal Consultant, Turnaround & Restructuring Advisory Job at Eastward Partners Inc., Chicago, IL

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  • Eastward Partners Inc.
  • Chicago, IL

Job Description

Job Description

( Multiple locations available: ATL, LA, CHI)

Eastward Partners has partnered with a leading national restructuring, turnaround, and performance improvement advisory firm that serves middle-market organizations and stakeholders across a broad range of industries during transition, opportunity, or distress. Founded in 1991, our client was established by industry professionals with a strong track record and a shared vision to start a collegiate advisory firm with an emphasis on teamwork, professional and personal improvement, and unparalleled commitment to client success.

Our client is looking for high caliber results-oriented turnaround and performance improvement leaders within the industry. The ideal candidate will come from a restructuring/turnaround firm, strategy, private equity, or accounting/valuation background and will partner with companies and stakeholders to support and strengthen organizations during transition, stress, or distress.

Job Description

You can expect to:

  • Assess and develop options based on financial analysis and project manage these to deliver a solution for a client
  • Be involved in the critical financial analysis of client forecasts and client business plans to underpin an improvement in forecast performance

Familiarity with:

  • A standard 13-week cash flow model and/or three-statement-model and/or monthly cashflow model and forecast cash
  • Exposure to Bankruptcy and Case Management
  • Strong understanding of income statements and balance sheets and ability to forecast
  • Understanding of variances
  • Ability to support development initiatives to drive performance improvement in an organization
  • Develop weekly progress status reports and participate in delivering these reports to senior leadership
  • Lead/Support workstreams within the overall turnaround project at the client and direct the efforts of the client and firm personnel
  • Develop relationships across internal and client teams

You will have the following:

  • 7-15 years of experience in Restructuring, Performance Improvement, Turnaround, and/or M&A.
  • 4 or more years of consulting, investment banking, restructuring, or private equity experience.
  • Strong interpersonal skills and comfortable communicating with all levels
  • Good communication skills, both written and verbal
  • Sound financial analytical skills, including the use of Microsoft Suite
  • Flexibility in terms of diverse industries and roles
  • Ability to prioritize work, support, and manage tasks and deliverables to completion, on time, and on budget.
  • Strong commercial awareness and a genuine interest in how businesses work
  • A commitment to continued personal development
  • Bachelor’s degree from an accredited university in one of the following: Finance, Accounting.
  • A Master’s degree from an accredited university is preferred
  • Ability and willingness to travel, sometimes within a short time frame

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