Analyst/Associate – Turnaround & Restructuring Consulting

Job Description:

Position Overview
We are looking for a highly skilled and motivated Analyst/Associate to join our dynamic and fast-paced turnaround and restructuring consulting team. This is a unique opportunity to work closely with senior professionals on high-impact projects that support distressed companies through financial restructuring, turnaround efforts, and operational optimization. The ideal candidate will possess exceptional financial modeling and analytical skills, as well as the ability to work collaboratively with both internal teams and clients to address complex financial challenges. Strong interpersonal skills, the ability to navigate ambiguous and high-pressure situations, and flexibility to adapt to client needs and demands are critical for success in this role. Travel may be required based on client needs.
 

Key Responsibilities:

• Cash Flow Forecasting: Develop and maintain 13-week cash flow models to effectively forecast the liquidity position of distressed companies, ensuring accurate, timely, and actionable insights into cash flow health.

• Financial Modeling: Build and maintain standard three-statement financial projection models, incorporating balance sheets, income statements, and statements of cash flows to evaluate future performance and financial stability.

• Financial Statement Analysis: Analyze key financial statement components—income statements, balance sheets, cash flow statements, and operational data—to support strategic decision-making, identify performance drivers, and propose solutions.

• Liquidation and Scenario Modeling: Construct and manage liquidation models, considering various business scenarios to evaluate potential outcomes, value recoveries, and optimize strategic decision-making.

• Cost & Variance Analysis: Apply a strong understanding of general ledgers, cost accounting principles, and manufacturing variances, providing insights that help clients improve operational efficiency and profitability.

• Stakeholder Management: Create and maintain a Creditor Composition Matrix to facilitate clear and structured communication with creditors, investors, and other key stakeholders throughout the restructuring process.

• Critical Thinking & Problem Solving: Use sound business judgment and analytical thinking to develop fact-based, actionable solutions for distressed businesses, ensuring an effective turnaround strategy.

• Bankruptcy & Reporting: Assist with the preparation of bankruptcy reports, both in and out of court, including communication with courts, U.S. Trustees, creditors’ committees, and other key stakeholders.

• Research & Data Analysis: Conduct in-depth research and analysis of complex financial data, synthesizing findings into clear, actionable reports, presentations, pitch decks, and other client-facing deliverables.

• Client Relationship Building: Build and maintain strong client relationships, proactively understanding client needs and delivering high-quality outputs that exceed expectations.

• Project & Team Collaboration: Collaborate effectively with team members, managing various workstreams, meeting deadlines, and ensuring seamless project execution across multiple client engagements.

• Multi-tasking & Prioritization: Successfully handle multiple clients and projects simultaneously, manage competing priorities while maintaining high standards of quality and accuracy.
   

Qualifications:

• Experience: 2-3 years of experience in turnaround consulting, investment banking, corporate finance, or management consulting, with a strong focus on restructuring, workouts, or distressed company advisory.

• Financial Modeling Expertise: Strong proficiency in advanced financial modeling, including the ability to build detailed, integrated Excel models for 13-week cash flows and three-statement financial projections.

• Analytical & Problem-Solving Skills: Strong quantitative and qualitative analytical skills, with the ability to understand complex business issues, perform creative problem-solving, and apply effective solutions in challenging environments.

• Financial Knowledge: Solid understanding of corporate finance, accounting principles, and financial terminology, with an ability to analyze and interpret financial statements and operational data.

• Communication Skills: Excellent written and verbal communication skills, with the ability to explain complex financial concepts clearly to both internal teams and external clients, including non-financial stakeholders.

• Interpersonal & Teamwork: Ability to work well within a team, contributing to group efforts while also thriving in an independent capacity. Strong interpersonal skills to foster collaboration and positive relationships with clients and colleagues alike.

• Resilience & Adaptability: Comfortable working in high-pressure, ambiguous situations, demonstrating flexibility, composure, and a solutions-oriented mindset in dealing with complex challenges.

• Independent & Collaborative: Demonstrated ability to work independently and collaboratively in a fast-paced, demanding environment, while consistently meeting deadlines and managing multiple priorities.

• Travel Requirement: Willingness and ability to travel up to 80% to meet client needs and deliver high-quality services on-site.

Preferred Qualifications:

• College Degree or Certification: Degree in accounting or finance; other relevant certifications in finance or accounting are a plus.

• Technology Proficiency: Familiarity with financial modeling software, ERP systems, and data analysis tools is advantageous.
   

Personal Attributes:

• Detail-Oriented: Strong attention to detail and accuracy in financial reporting and analysis.

• Problem Solver: A natural problem solver who thinks critically and creatively to address complex business challenges.

• Client-Centric: Strong focus on delivering exceptional service to clients, ensuring their needs are met and expectations exceeded.

• Growth-Oriented: Eagerness to learn and grow within the firm, taking on increasing responsibilities and developing professionally in a fast-paced, evolving industry.

In compliance with New York State Pay Transparency Law, the base salary range for this role in Illinois is between $90,000-110,000. This range does not include discretionary bonus or other forms of compensation or benefits offered in connection with this job. Several factors are considered when determining a candidate’s compensation. Please note that the salary range listed for this position is based on the level of experience outlined in the job description. If a candidate's experience differs from the requirements, the salary may be adjusted accordingly.

Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, age (40 and older), sexual orientation, genetic information, marital status, gender, veteran, or disability status.

Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations.

In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/

Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.