Manager, Restructuring & Turnaround

Overview

CR3 Partners, LLC is a national turnaround and performance improvement firm. We assist, guide and collaborate with management teams facing transition, stress or distress. We help clients accelerate growth, improve operating efficiency, solve working capital shortfalls, provide urgent crisis management, or guide a company through bankruptcy, with a seasoned team of executives who assess, stabilize and implement the best options for each situation.

Our team is relied upon by middle market companies nationwide seeking senior-level counsel, whether in an advisory capacity or in a more structured interim management or CxO role. At CR3, we help our clients effect real change.

We look for dedicated professionals who like to roll up their sleeves to effect change. You will have the opportunity to provide vital support and guidance to our clients on a wide array of challenging turnaround and performance improvement engagements. As a member of the CR3 team, you will work with talented and dedicated professionals who provide high-quality service to every client.

Our team values communication, dedication, loyalty and good corporate citizenship.

The ideal candidate for the Manager, Restructuring & Turnaround is a results-oriented professional who can analyze company financial information, develop financial models and lead work streams within a turnaround or performance improvement engagement. This role requires a willingness to travel 80%+ and ability to work with imperfect information in a fast-paced environment. This position is based in Chicago, IL
.

• Ability to develop a CR3 standard 13-week cash flow model and forecast cash
• Ability to develop a CR3 standard liquidation model and scenarios
• Understanding of GL structure: income statements and balance sheets and ability to forecast
• Understanding of standard costs/manufacturing variances
• Develop a Creditor Composition Matrix
• Excel skills with ability to build Excel models
• Develop fact-based conclusions based on sound business judgement
• 5-7 years of expertise in the turnaround field or industry middle management
• Advanced degree or certification preferred
• Ability to travel up to 80%

This is an outstanding opportunity for someone with sharp, proven finance skills who wants to elevate their career into a client-facing role. We operate in small teams, allowing hands-on experience and direct exposure to C-level management on critical projects across a variety of industries. Our projects are diverse and provide a front-row view to real-time decisions across company operations.

At CR3, we acknowledge that our work directly impacts our clients  success. Although we are "in the arena" with our clients every day, we recognize that most of our clients are experiencing transition, stress or distress for the first time. While we always base our recommendations and action plans on facts and experience, we collaborate with our clients in creating those solutions and communicate fully and frequently with all stakeholders so our clients and their constituents can see the road ahead.

Our efforts at CR3 are reflected in historical quotes about striving valiantly and daring greatly. Are you ready to be in the arena?

• Health, Dental, Vision Insurance; including HSA and company contribution
• Life insurance and Disability insurance
• Flexible Spending Account
• 401k Retirement Plan with company match
• Flexible/Unlimited PTO
• Cell phone reimbursement
• Professional development and mentoring programs
• Education and certification support
• Performance bonuses
• Earn and keep travel points and rewards

OMNI is honored to be retained by CR3 Partners for this search. OMNI and our clients are Equal Opportunity Employers.

• Mid-Senior level

• Full-time

• Accounting/Auditing, Finance, and Consulting

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.