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Financial Restructuring Jobs in Chicago, IL (NOW HIRING)

Director, Restructuring

Chicago, IL

  • Medical

  • Life

  • Retirement

  • PTO

You will be leading a team across all phases and aspects of financial and operational restructuring and turnaround initiatives, for companies both in and out of bankruptcy or fiscal distress. You ...

Director, Restructuring

Chicago, IL · On-site

  • Medical

  • Life

  • Retirement

  • PTO

You will be leading a team across all phases and aspects of financial and operational restructuring and turnaround initiatives, for companies both in and out of bankruptcy or fiscal distress. You ...

Senior Associate, Restructuring

Chicago, IL · On-site

$15.50 - $18.50/hr

  • Medical

  • Life

  • Retirement

  • PTO

You will be applying your analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement. Your ...

Senior Associate, Restructuring

Chicago, IL

$15.50 - $18.50/hr

  • Medical

  • Life

  • Retirement

  • PTO

You will be applying your analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement. Your ...

Showing results 21-40

Financial Restructuring information

See Chicago, IL salary details

$78.3K

$114.2K

$140.1K

How much do financial restructuring jobs pay per year?

As of Aug 16, 2026, the average yearly pay for financial restructuring in Chicago, IL is $114,152.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,000.00 and $128,300.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by professionals in financial restructuring roles, and how can they be effectively managed?

Professionals in Financial Restructuring often encounter challenges such as navigating complex stakeholder interests, managing tight deadlines, and working with incomplete or evolving financial data. Effective management of these challenges involves strong communication and negotiation skills, as well as the ability to quickly analyze financial statements and develop actionable restructuring plans. Collaborating closely with clients, legal advisors, and internal teams is essential to ensure alignment and successful outcomes. Building resilience and adaptability also helps professionals stay effective in fast-paced, high-stress situations common in this field.

What is the difference between Financial Restructuring vs Financial Planning?

AspectFinancial RestructuringFinancial Planning
Primary FocusReorganizing a company's financial structure to improve stability and solvencyDeveloping strategies to achieve personal or corporate financial goals
Work EnvironmentCorporate finance, consulting firms, turnaround specialistsIndividual financial advisory, corporate finance, wealth management
CredentialsCPA, CFA, or financial analyst certifications often preferredCFP, CPA, or financial advisor certifications

Financial Restructuring and Financial Planning both involve financial expertise but serve different purposes. Restructuring focuses on stabilizing and reorganizing a company's finances during distress, while Planning aims to help individuals or companies achieve long-term financial goals. Understanding these differences helps clarify career paths and client services in the finance industry.

What are the key skills and qualifications needed to thrive in financial restructuring?

To thrive in Financial Restructuring, you need strong analytical skills, financial modeling expertise, and a background in finance, accounting, or business, often supported by a relevant degree or CPA/CFA certification. Familiarity with advanced Excel functions, financial analysis software, and legal frameworks related to bankruptcy and restructuring is crucial. Outstanding communication, negotiation, and problem-solving skills help professionals manage stakeholders and complex situations. These abilities are vital for developing effective restructuring strategies, maximizing value, and guiding organizations through periods of financial distress.

What is financial restructuring?

Financial restructuring is the process of reorganizing a company's financial structure in order to improve its financial stability and viability. This can involve renegotiating debt terms, consolidating loans, selling assets, or seeking new investment. The goal is often to reduce financial distress, enhance cash flow, and position the company for long-term success. Financial restructuring is commonly used by businesses facing financial challenges or preparing for growth and expansion.

What are popular job titles related to Financial Restructuring jobs in Chicago, IL?

For Financial Restructuring jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Financial Restructuring jobs in Chicago, IL look for?

The top searched job categories for Financial Restructuring jobs in Chicago, IL are:

Infographic showing various Financial Restructuring job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $114,152 per year, or $54.9 per hour.

Senior Manager, Corporate Finance & Restructuring

Armaninollp

Chicago, IL

$112K - $153K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted yesterday


Job description

At Armanino, you determine your career path. This means it's possible to pursue challenges you are passionate about, in industries you care about.

Armanino is proud to beAmong the top 20 Largest Firms in the Nationand one of theBest Places to Work. We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network. We want you to integrate all aspects of your life with your career. At Armanino, we know you don't check-out of life when you check-in at work. That's why we've created a unique work environment where your passions, work, and family & friends can overlap. We want to help you achieve growth by giving you access to a network of smart and supportive people, willing to listen to your ideas.

Job Responsibilities

  • Lead teams to drive corporate recovery, restructuring, exit strategies, non-performing or distressed investments, and insolvency. Responsible for hands on management of project teams, including directing other team members, and managing outside professionals involved in the engagement and client personnel

  • Apply project management skills to ensure projects are scoped properly, appropriate priorities are established, implementation plans are developed and executed, and projects meet client expectations

  • Analyze client business plans, debt capacity, competitive positioning and strategy, key-contracts and relationships, and regulatory considerations

  • Develop turnaround strategies with contingencies to assist with client initiatives and identify/evaluate potential restructuring/financing alternatives

  • Apply operational business experience along with accounting, finance, and analytical skills to various client situations and practice disciplines including, but not limited to, asset identification and monetization, creditor negotiation and settlement, financial modeling, financial statements and projections assessments, business plan evaluations, and project management

  • Drive development of integrated financial modeling/projections, cash flow forecasts, business plans, financial models, and other support as needed

  • Perform financial reviews and provide implementation services for liquidations, bankruptcy and receiverships

  • Proactively lead in business development efforts by instigating and managing marketing activity

  • Prepare reports, written analyses, presentations, quantitative exhibits, and other client deliverables regarding project scope and/or results of work performed

  • Lead, mentor and professionally develop team members, actively participating in the career advisory and performance review process. Provide knowledgeable guidance and direction to associates in the development of intricate financial models and other analyses

Requirements

  • Bachelor's Degree in a business-related field of study

  • Minimum of 8 years-experience in the restructuring industry plus client-side experience

  • In-depth understanding of financial or independent business reviews, corporate recovery, restructuring, debt advisory, turnaround, workout, sell side advisory and distressed asset disposal; and/or insolvency, exit strategy, liquidation, receivership and bankruptcy services

"Armanino" is the brand name under which Armanino LLP and Armanino Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with law, regulations, and professional standards. Armanino LLP is a licensed independent CPA firm that provides attest services, and Armanino Advisory LLC and its subsidiary entities provide tax, advisory, and business consulting services. Armanino Advisory LLC and its subsidiary entities are not licensed CPA firms.

Armanino provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Armanino complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Armanino expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Armanino employees to perform their job duties may result in discipline up to and including discharge.

Armanino does not accept unsolicited candidates, referrals, or resumes from any staffing agency, recruiting service, sourcing entity, or third-party paid service at any time. Any referrals, resumes, or candidates submitted to Armanino or any employee or owner of Armanino without a pre-existing agreement signed by both parties covering the submission will be considered the property of Armanino and not subject to any fees or charges. For existing agreements, a role must be approved and open to external search; otherwise, unsolicited and unapproved submittals and referrals will be considered Armanino property and free of fees. In addition, Talent Acquisition is the sole point of contact, and contacting others in our organization without Talent Acquisition's knowledge will result in termination of contract.

Certain states require us to disclose the pay range and benefits summary for job openings. For Colorado residents, the compensation range for this position: $188,100 - $256,200. For Washington residents, Illinois residents, New York residents, and Southern California residents, the compensation range for this position: $206,900 - $281,900. For Northern California residents, the compensation range for this position: $195,000 - $294,600. Compensation may vary based on skills, role, and location. Eligible employees at certain levels can participate in a discretionary long-term financial incentive plan, subject to plan participation rules.

Armanino has a robust offering of benefits, including:

  • Medical, dental, vision

  • Generous PTO plan and paid sick time

  • Flexible work arrangements

  • 401K with Profit Sharing

  • Wellness program

  • Generous parental leave

  • 11 paid holidays

For positions based in San Francisco, consistent with the SF Fair Chance Ordinance, an arrest and conviction record will not automatically disqualify a qualified applicant from consideration.

For Individuals who would be working within the City of Los Angeles, Armanino will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance

To view our Consumer Notice at Collection for job applicants, please visit: https://www.armanino.com/terms/ccpa-employee-notice/

We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network.