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Chief Restructuring Officer Jobs in Texas (NOW HIRING)

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$285.6K

How much do chief restructuring officer jobs pay per year?

As of Sep 12, 2026, the average yearly pay for chief restructuring officer in Texas is $140,961.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,600.00 and $170,000.00 per year, depending on experience, location, and employer.

What is a chief restructuring officer?

A Chief Restructuring Officer (CRO) is a senior executive responsible for leading a company through financial or operational restructuring. They are often brought in during times of crisis to stabilize the business, improve financial performance, and implement turnaround strategies. The CRO works closely with stakeholders, lenders, and management to develop and execute restructuring plans. Their role may include cost-cutting, renegotiating debt, and optimizing business processes to ensure long-term viability. Typically, a CRO has extensive experience in corporate finance, restructuring, and distressed situations.

What are the typical challenges a chief restructuring officer might face in their first 90 days on the job?

In the first 90 days, a Chief Restructuring Officer often confronts challenges such as rapidly assessing the organization’s financial health, prioritizing urgent restructuring actions, and gaining the trust of both internal teams and external stakeholders. Establishing clear communication channels and aligning the leadership team around a unified revitalization strategy are also key hurdles. You’ll likely be tasked with identifying immediate cost-saving opportunities, stabilizing cash flow, and creating a transparent action plan. Success in this period is often measured by your ability to set a clear turnaround direction and quickly build consensus. Demonstrating decisiveness and adaptability will help set the tone for the rest of the restructuring process.

What are the key skills and qualifications needed to thrive in the chief restructuring officer position, and why are they important?

To thrive as a Chief Restructuring Officer, you need deep expertise in financial analysis, turnaround management, and strategic planning, typically backed by an advanced degree in business or finance and executive-level experience. Familiarity with restructuring tools such as financial modeling software, insolvency frameworks, and certifications like CTP (Certified Turnaround Professional) are often advantageous. Exceptional leadership, negotiation, and communication skills are crucial for managing diverse stakeholders and navigating high-pressure situations. These competencies are vital for guiding organizations through complex changes, ensuring stability, and achieving successful outcomes.

What are popular job titles related to Chief Restructuring Officer jobs in Texas?

For Chief Restructuring Officer jobs in Texas, the most frequently searched job titles are:

What job categories do people searching Chief Restructuring Officer jobs in Texas look for?

The top searched job categories for Chief Restructuring Officer jobs in Texas are:

What cities in Texas are hiring for Chief Restructuring Officer jobs?

Cities in Texas with the most Chief Restructuring Officer job openings:

Chief Restructuring Officer jobs near you
Infographic showing various Chief Restructuring Officer job openings in Texas as of August 2026, with employment types broken down into 92% Full Time, 5% Part Time, 2% Contract, and 1% Nights. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $140,961 per year, or $67.8 per hour.

PEPI: Associate, CFO Services (OPEN TO ALL US LOCATIONS)

Houston, TX • On-site

Alvarez & Marsal
Business Management Consulting • 5 - 10K employees
Learn more about Alvarez & Marsalexternal

Full-time

Re-posted 17 days ago

Alvarez & Marsal rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

Description
OVERVIEW:
A&M CFO Services work with private equity held portfolio companies and provide our clients with solutions to preserve and generate value for their businesses. Our goal is to improve transparency to key drivers and business performance, to support increasing cash and EBITDA, and to provide benefits through hands-on involvement in our clients' operations. Our job is to support PE firms to ensure their portfolio companies have credible plans and the ability to execute and deliver financial outcomes.
CFO Services Provides the following pillar of services:
  • Liquidity & Working Capital Optimization
  • Strategic Analytics & Planning
  • Performance Measurement & Management
  • Business Transformation
  • Auxiliary Services: Accounting Remediation
PROFESSIONAL EXPECTATIONS:
Data Collection, Validation and Analysis
  • Identify, request, and process relevant data and information to complete fact-based analyses
  • Validate all data used in calculations, reconcile models and reports individually and in aggregate
  • Think critically, apply rules to independently produce accurate and reliable analyses
  • Compile findings into cogent and digestible spreadsheet templates and presentation slides
Project Management and Implementation
  • Execute operational tasks independently (e.g., development of tools / templates for client use, tasks requested by client, slide deck development, etc.)
  • Quality check one's own work product to ensure that it addresses the subject question, flows logically, and is free from error
  • Set up tools and to utilize client software / apps to access client data
Teamwork
  • Collaboratively work with other team members, offer knowledge sharing opportunities
  • View all interactions as a learning opportunity
Financial Acumen
  • Possess financial modeling experience and basic understanding of financial statements, treasury and cash management, understand cause / effect relationships to the trial balance accounts
ACCREDITATION /EXPERIENCE:
  • Graduate of accredited 4-year college / university with educational concentration in relevant areas (accounting, finance, economics) preferred but not required
  • 2-4 years of experience related to: Accounting / Finance, Financial Due Diligence, Restructuring, Investment Banking or Private Equity
  • Experience in building integrated financial models and have strong Excel/PowerPoint skills
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