Financial Advisory Services Restructuring Senior Associate

Grant Thornton 11/5/2019 7:42:41 AM
JOB ID: 045254 Specialty:
New York City, New York




Grant Thornton is collaborative, entrepreneurial and on the move. As part of a dynamic global organization of 47,000 people serving clients in more than 140 countries, we have the agility and focus it takes to be a leader.


Position Summary:

Grant Thornton’s Advisory professionals are progressive thinkers who create, protect, and transform value today, so our clients have the opportunity to thrive and grow. The firm’s advisory practice creates holistic solutions delivered by innovative, curious professionals who bring technical depth and industry insight to our clients. Transaction Services creates value. Grant Thornton’s Transaction Services (TS) delivery model includes the entire transaction lifecycle enabling engagement opportunities throughout the lifetime of a deal. TS includes Diligence, Corporate Value Consulting, Strategic Solutions and Tax.

The Transaction Services practice assists clients who are in transition and may be financially and/or operationally distressed. Services include turnaround consulting, advising on formal or informal restructurings, bankruptcy planning, and process management and advising on other corporate financial matters. By developing, designing, and implementing turnaround strategies, we assist companies with improving their operational and financial performance, reorganizing their balance sheet, developing refinancing options, and implementing operational changes required to return to profitability. Our role may include evaluation of strategic alternatives, negotiation with various constituents and stakeholders, or communication of a turnaround or recovery plan with third parties. The services provided may include business and strategic planning, cash flow management, Chapter 11 planning and management, plan of reorganization development, asset rationalization, DIP financing, claims management, operational improvements, and out-of-court restructuring, among others.

Essential Duties and Responsibilities:

Adhere to the highest degree of professional standards and strict client confidentiality.

Maintain a good working relationship with clients and work effectively with client management and staff at all levels to gather information and to perform restructuring services.

Gain understanding of client operations, processes, and business objectives, and utilize that knowledge on engagements.

Experience in the areas of financial modeling.

Experience in restructuring/turnaround work.

Work closely with associates and managers to promptly resolve client problems.

Ability and willingness to travel with limited or no notice, for extended periods of time.

Other duties as assigned.


Required Skills and Experience:
Bachelor’s degree in Accounting, Finance or other related discipline required.
3-5 years’ work experience in a professional services environment or equivalent organization preferred.
Experience working in a consulting organization and/or providing financial advisory services solutions preferred.
Strong analytical skills and the ability to construct cash flow models and other detailed financial analysis with limited supervision is required.
Ability to work additional hours as needed.
Ability and desire to pursue CIRA, CFA, CPA, or other relevant professional designation.
Exceptional client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships.
Ability to supervise staff and manage projects preferred.
Ability to manage multiple competing priorities in a rapidly growing, fast-paced, interactive, results-based team environment.
Strong computer skills including proficiency in Microsoft Office Suite.


Grant Thornton LLP promotes a nationally recognized culture of health and offers an extensive array of benefits to meet individual lifestyles. For a complete list of benefits, please visit

Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd., one of the world’s leading organizations of independent audit, tax and advisory firms. Grant Thornton has revenues in excess of $1.7 billion and operates 59 offices across the U.S., with more than 590 partners and 8,500+ employees in the United States and at our Shared Services Center in Bangalore, India.

Grant Thornton works with a broad range of publicly- and privately-held companies, government agencies, financial institutions, and civic and religious organizations. Core industries served include consumer and industrial products, financial services, not-for-profit, private equity, and technology. Grant Thornton focuses on serving dynamic organizations that pursue growth holistically — whether through revenue improvement, leadership, mission fulfillment or innovation.

It is Grant Thornton’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.

Requisition ID: 045254

New York City, NY
New York City, New York