Turnaround & Restructuring Senior Manager

Turnaround & Restructuring Senior Manager

Our Deloitte Strategy & Transactions team helps guide clients through their most critical moments and transformational initiatives. We offer comprehensive end-to-end support and advisory services, covering areas such as valuation modeling, cost optimization, restructuring, business design and transformation, infrastructure and real estate, mergers and acquisitions (M&A), and sustainability. The team works closely with clients at every stage of their journey, helping them navigate challenges, avoid financial pitfalls, and implement practical solutions before, during, and after major transformational projects or transactions creating lasting impact.

Any number of situations can result in a company’s needing to exit a business—and sometimes there is no real prospect of finding a buyer. If it can’t be fixed, funded, or sold, it’s time to wind the business down. The idea of restructuring, like any change, can feel intimidating. Whether experiencing times of disruption or looking to improve company performance, many management teams are already at capacity. As part of Deloitte’s Performance Improvement & Restructuring Offering, within our broader Strategy & Transactions practice, Turnaround & Restructuring (T&R) helps management teams in many ways. They have specialized knowledge of specific business issues to assist management to pinpoint where to start and the steps on which companies should focus in order to help achieve our clients’ goals. 

Recruiting for this role ends on 10/11/2025.

Work You’ll Do

As a Senior Manager within turnaround and restructuring, you will:

• Advise clients on the complex issues surrounding critical financial and economic events, and high-profile transactions
• Identify opportunities for efficiencies in process and innovative approaches to completing scope of work
• Plan and lead interviews with clients to understand complex financial and operational situations
• Lead project work streams, including overseeing and reviewing the day-to-day work of junior staff with oversight from project leadership
• Develop ad-hoc financial and operational data and KPI analyses as requested by senior team members
• Create client-ready deliverables and make presentations to clients
• Build strong relationships with clients and identify areas to expand our business
• Participate in market-building activities, including preparation of proposal / pitch and marketing materials
• Assist with the building of internal tools and templates to support our client service offerings
• Understanding of the key operational performance drivers of a business
• Ability to extract useful information from data
• Communicates effectively to all levels of engagement management, professional demeanor, and strong communication skills, both written and oral
• Proven experience effectively prioritizing workload to meet deadlines and work objectives
• Ability to manage aspects of multiple work streams and train lower-level staff
• Uses problem solving skills to provide alternative solutions to complex issues
• Ability to assume full responsibility for quality control and accuracy of client deliverables

The Team
Our Performance Improvement & Restructuring (PI&R) practice develops and leads enterprise-level Board and C-suite agendas for clients across the performance spectrum—healthy, underperforming, and distressed—to enhance margins, address financial challenges, and optimize cash flow in support of critical transformation initiatives.

As part of the PI&R offering, our T&R team works with the client to quickly understand their business and their most urgent issues so we can advise on corporate restructuring strategies to help them move forward with confidence. T&R is a leading provider of financial and operational restructuring services, turnaround and performance management, and bankruptcy administrative services to underperforming companies and their advisers, lenders, investors, courts, and other stakeholders. We specialize in helping both large multinational organizations and midmarket companies overcome challenges, from enhancing the performance of healthy companies to complex bankruptcy reorganizations

Qualifications
Required:

• Minimum of 10 + years of work experience in corporate restructuring, Rx or distressed investment banking, commercial bank credit, and/or consulting or corporate positions with a financial or accounting focus
• 10+ years experience in the following areas:
• On company-side and lender advisory restructuring engagements
• Working in Excel as an advanced user; practical experience financial modeling including the ability to build a 13-week cash flow and three statement financial models from scratch
• Working in and understanding of the bankruptcy process
• Company and industry research ability, including tools such as CapitalIQ, Refinitiv, Reorg, and similar
• Analysis of cash flows and preparation of 13-week cash flow forecast models
• Advanced Microsoft Word, PowerPoint ability; Alteryx, tableau, SQL, Power BI a bonus
• Bachelor’s degree in Accounting, Finance, and/or Economics
• Ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

Preferred:

• Prior corporate finance or restructuring experience strongly preferred
• MBA preferred
• Professional certification such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Turnaround Professional (CTP), or Certified Insolvency and Restructuring Advisor (CIRA) or demonstrated progress toward such certifications

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $175,300 to $322,900.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

As used in this posting, "Deloitte" means Deloitte Transactions and Business Analytics LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.