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ZRG Careers · 2 weeks ago

Managing Director (Turnaround and Restructuring Advisory)

Greater Chicago Area

Full-time

Onsite

Director/Executive

12+ years exp

ZRG Careers is a well-established Financial Services Advisory and Private Equity Firm with Global Offices. They are seeking a Managing Director to lead turnaround and restructuring advisory services, focusing on financial analysis, operational assessments, and collaboration with various stakeholders in distressed situations.

ConsultingRecruitingStaffing Agency

Growth Opportunities

Responsibilities

Lead and manage assignments involving financial analysis and operational assessments

Conduct due diligence, evaluate business plans, and develop strategic alternatives

Oversee the preparation of 13-week cash flow projections and integrated financial statements

Draft, review, and present client reports and presentations, while leading related meetings

Collaborate with clients, their lenders, attorneys, M&A advisors, and other stakeholders at all levels of engagement

Manage and align the expectations of all parties involved in projects

Demonstrate proactive leadership, especially in high-pressure, time-sensitive situations

Provide mentorship and management support to junior staff, fostering their professional growth

Source and generate project sales and actively participate in business development activities, including:

Research and preparation of pitch materials and presentations

Participation in sales calls, interviews, and client meetings

Drafting proposals and engagement letters

Contribute to practice development initiatives and strategic planning

Qualification

Financial restructuringTurnaround managementBankruptcy advisoryFinancial modelingCPA certificationCTP certificationOperational improvementsLeadership capabilitiesCommunication skillsProblem-solving skillsInterpersonal skillsOrganizational skillsTime managementTeam player

Required

Bachelor's Degree in a relevant field; an advanced degree or certification (e.g., CPA, CTP) is highly desirable

Extensive experience with financial restructuring, debt management, liquidity management, turnaround, bankruptcy advisory, litigation support, and financial planning in distressed businesses

Strong proficiency in financial modeling, accounting, and analysis

Minimum of 12-15 years of experience in senior leadership roles within finance and consulting, with at least 5 years of experience as an Interim CFO in a turnaround or restructuring context

Proven track record of successfully managing complex financial situations, including leading financial strategy, operations, and financial reporting during periods of distress, operational restructuring, or financial transition

Excellent verbal and written communication skills

Proficient in Microsoft Office Suite (Excel, PowerPoint, Word, etc.)

Exceptional ethics, integrity, and professional judgment

Excellent problem-solving and decision-making abilities

Strong interpersonal, organizational, and time management skills

Ability to thrive both independently and within a collaborative, team-oriented environment

Proven leadership capabilities, particularly in complex, high-stress, and ambiguous situations

Comfortable working with minimal supervision and managing multiple tasks

Demonstrated capability in managing people and projects, with a focus on results

A strong team player with the ability to excel in a fast-paced, entrepreneurial environment

Preferred

A CPA and/or CTP certification is preferred but not mandatory

Hands-on experience in interim executive roles, particularly as an Interim CFO, in a variety of industries, including manufacturing, retail, and services, is preferred