Director, Restructuring & Special Situations

Director, Restructuring & Special Situations

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Description & Requirements
The Restructuring team guides businesses through complex recovery, reorganization, and transition challenges. With critical thinking and an expedient approach focused on problem resolution, they deliver tailored solutions in strategic assessments, restructuring, bankruptcy solutions, receiverships, liquidity management, refinancing, recapitalization, and critical negotiations with creditors and constituents. Focused on driving financial and operational excellence and sustainable change for troubled businesses and their owners, the team helps clients overcome disruption and move forward with clarity restoring order to chaos.

What You Will Do

• Lead, develop, and execute strategic initiatives to enhance client performance, including turnaround and recovery, refinancing and recapitalization, and transition planning and reorganization.
• Evaluate business viability and strategic options and design initiatives to drive operational improvements.
• Inspire, develop, and lead high-performing teams to ensure efficient service delivery and foster professional growth.
• Oversee and analyze business plans, including detailed cash flow and financial modeling, ensuring accuracy and strategic alignment.
• Assess revenue streams, profit drivers, and cost structures to identify opportunities for margin enhancement.
• Identify and implement cost reduction strategies and working capital optimization initiatives.
• Evaluate supply chains to assess risks, prioritize vendors, and identify strategic alternatives.
• Collaborate confidently with executives, private equity firms, corporate clients, legal advisors, and other key stakeholders.
• Transition, create and nurture professional relationships and referral networks to contribute to business development.
• Proactively cultivate client relationships that lead to new engagement opportunities.

Minimum Qualifications

• Bachelor's Degree in Accounting, Finance, or a related Business field
• Nine (9+) years of experience in audit, transaction services, restructuring, or business advisory from a large public accounting or consulting firm
• Seven (7+) years of direct restructuring experience

Preferred Qualifications

• Current and valid certification (CIRA or CTP) or an advanced degree (MBA)
• Certified Public Accountant (CPA) certification

New York City Pay Transparency
Pursuant to the pay transparency laws of New York State and other local ordinances within the state including New York City, the salary range displayed is for the New York markets. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Total compensation and benefits consist of salary, group health plan benefits, 401(K), profit-sharing contributions, flexible time off, and parental leave.

Forvis Mazars reserves the right to make changes to the salary range based on business needs.

New York Salary Range
NY Minimum Salary (USD): $181,400
NY Maximum Salary (USD): $290,000

Illinois Wage Transparency
Pursuant to Illinois' Equal Pay Act, the salary range displayed is for the Illinois market. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Non-exempt/hourly positions will be eligible for time and half pay for employees that work over 40 hours in a workweek. Benefits are eligibility-based and could include group health plan benefits, 401(K), bonuses, profit-sharing contributions, flexible time off, and parental leave.

For more information on benefits, please visit (Use the "Apply for this Job" box below). Forvis Mazars reserves the right to make changes to the salary range based on business needs. IL Minimum Salary (USD): 145000
IL Maximum Salary (USD): 225000

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Professional Services

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