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Restructuring Associate Jobs in California (NOW HIRING)

Senior Associate - Corporate Restructuring

Irvine, CA ยท On-site

$87K - $108K/yr

Senior Associate -- Corporate Restructuring Who We Are Founded in June 2023, Crete Professionals Alliance (Crete PA) aims to drive growth across accounting and professional service firms in the ...

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Restructuring Associate information

See California salary details

$11

$29

$65

How much do restructuring associate jobs pay per hour?

As of Jun 6, 2026, the average hourly pay for restructuring associate in California is $29.08, according to ZipRecruiter salary data. Most workers in this role earn between $14.95 and $35.10 per hour, depending on experience, location, and employer.

What is the difference between Restructuring Associate vs Financial Analyst?

AspectRestructuring AssociateFinancial Analyst
Required CredentialsBachelor's degree, finance or related field; some roles prefer CFA or CPABachelor's degree in finance, accounting, or related field; CFA often preferred
Work EnvironmentConsulting firms, investment banks, or corporate restructuring teamsCorporations, investment banks, or consulting firms
Employer & Industry UsageSpecialized in distressed companies, bankruptcy, and turnaround projectsFinancial planning, budgeting, and investment analysis across industries

Restructuring Associates focus on distressed companies, bankruptcy, and turnaround projects, often working in consulting or banking environments. Financial Analysts typically handle financial planning, analysis, and reporting across various industries. While both roles require strong financial skills and similar credentials, their core responsibilities and work settings differ significantly.

What are the key skills and qualifications needed to thrive as a Restructuring Associate, and why are they important?

To thrive as a Restructuring Associate, you need strong analytical skills, financial modeling expertise, and a background in finance or accounting, often supported by a relevant degree such as a CFA or CPA. Familiarity with financial analysis software, Excel, and restructuring or insolvency frameworks is typically required. Excellent communication, problem-solving, and stakeholder management skills help you navigate complex negotiations and work effectively with clients and teams. These competencies are crucial for assessing distressed companies, developing turnaround strategies, and facilitating successful restructurings.

What are some common challenges Restructuring Associates face when working with distressed companies?

Restructuring Associates often encounter challenges such as managing tight deadlines, navigating complex stakeholder interests, and working with incomplete or rapidly changing financial data. They must balance the needs of creditors, management, and other parties while developing feasible restructuring plans. Adapting quickly to new industries and handling high-pressure situations are essential skills in this fast-paced environment, and strong communication is crucial for facilitating negotiations and driving consensus.

What are Restructuring Associates?

Restructuring Associates are professionals who assist companies facing financial challenges, such as bankruptcy, insolvency, or operational difficulties. They work with management teams, creditors, and other stakeholders to develop and implement strategies for financial recovery or organizational turnaround. Their responsibilities often include financial analysis, preparing reports, assisting in negotiations, and supporting the execution of restructuring plans. Restructuring Associates typically work at consulting firms, investment banks, or accounting firms specializing in corporate restructuring.
What job categories do people searching Restructuring Associate jobs in California look for? The top searched job categories for Restructuring Associate jobs in California are:
Senior Associate - Corporate Restructuring

Senior Associate - Corporate Restructuring

Current

Irvine, CA โ€ข On-site

$87K - $108K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 16 days ago


Job description

About the Company

At Current, everything starts with people. We believe that when you invest in talent through opportunity, development, and support, you unlock growth for individuals, firms, and clients alike. Thatโ€™s why weโ€™ve built a platform designed to give our people access to more: more learning, more collaboration, and more ways to grow their careers than any single firm could offer on its own.
Founded in 2023, Current has rapidly become one of the fastest-growing accounting platforms in the country, partnering with more than 40 leading accounting firms across the United States. Today, our community includes over 2,000 professionals, 30+ offices nationwide, and a growing global workforce that supports clients around the world. Backed by Thrive Capital, Bessemer Venture Partners, and Springdale Industries, Current is investing heavily in technology, artificial intelligence, and workforce innovation to help modernize the profession. Our leadership team has a proven track record of building and scaling successful businesses, with prior ventures generating more than $3 billion in combined enterprise value.
Weโ€™re building something bigger than a traditional accounting firm: a platform where talented people can grow faster, learn more, and do more meaningful work. Whether you join Current, one of our partner firms, or our global team, youโ€™ll be part of a community shaping the future of the profession.

Senior Associate โ€” Corporate RestructuringWho We Are

Founded in June 2023, Crete Professionals Alliance (Crete PA) aims to drive growth across accounting and professional service firms in the United States. Our initial venture in August 2023 involved acquiring a majority interest in the non-attest assets of a top 300 US-based national firm, positioning us alongside the top 100 US accounting firms based on cumulative revenue. With over 30 member firms, several deals under LOI, and substantial committed capital, Crete PA is poised to shortly become equivalent to a top 20 firm in terms of aggregate revenue, with ambitions to expand into a multi-country platform. Supported by ZBS Partners, a firm managing over $500 million in assets, and led by co-founders experienced in developing multi-industry platforms, Crete PA partners with local firms to enhance their independence while boosting their revenue and profitability.

Our newest addition to the Crete Professionals Alliance family, Force 10 Partners is hiring!

Force 10 Partners is a financial advisory firm based in Irvine, California, focused on a number of service offerings including, but not limited to complex corporate restructuring, litigation support, valuation, and forensic financial analysis. They are frequently retained to provide other services such as interim management, serve as a fiduciary, and provide expert witness reports, and are well-known for rigor, independence, and credibility.

The Role

We are seeking a Senior Associate to join our restructuring and litigation support practice. This is a highly analytical, execution-focused role that supports senior professionals in complex financial analyses, modeling, and case support across distressed and contentious situations. Senior Associates work closely with Directors and Partners and are expected to develop strong technical skills, sound judgment, and attention to detail.

Key Responsibilities
  • Analyze historical financial statements, cash flows, liquidity, and capital structures

  • Assist in building and maintaining financial models, including forecasts, liquidity analyses, valuation models, and damages-related computations

  • Prepare analyses assessing operating performance, trends, and key drivers impacting liquidity, valuation, and recoveries

  • Support out-of-court workouts, debt restructurings, and Chapter 11 cases

  • Perform financial due diligence and investigative analysis using incomplete, unorganized, or imperfect data

  • Assist with litigation support engagements, including expert analysis and report preparation

  • Help synthesize financial findings into clear, well-supported analyses and presentations

  • Manage assigned workstreams and deadlines under supervision

  • Support special projects and firm initiatives as needed

Qualifications
  • Bachelorโ€™s degree required; coursework in finance, accounting, economics, or a related field preferred

  • CPA candidacy or MBA a plus

  • 2โ€“4 years of relevant experience in corporate finance, accounting, restructuring, valuation, investment banking, consulting, or litigation support

Skills & Capabilities
  • Strong quantitative and analytical skills with high attention to detail

  • Solid foundation in financial statement analysis and financial modeling

  • Proficiency in MS Excel; PowerPoint experience required

  • Familiarity with Capital IQ or similar financial data platforms preferred

  • Strong problem-solving skills and intellectual curiosity

  • Clear written and verbal communication skills

  • Organized, reliable, and able to manage multiple tasks and deadlines

  • Team-oriented with a strong work ethic and professionalism

Compensation
  • Base salary range: $120,000 โ€“ $140,000

  • Performance-based bonus

Additional Information
  • Local candidates preferred; remote arrangements considered for highly self-sufficient candidates

  • No relocation assistance provided

  • Firm culture is a priorityโ€”Force 10 values professionalism, accountability, intellectual rigor, and low-ego collaboration

In addition to a rewarding career, we provide a robust benefits package, including:
  • Health, Dental, and Vision Insurance (with options for fully paid employee only coverage for health and dental)

  • Company-Paid Life and Long-Term Disability Insurance

  • Ancillary Benefits such as supplemental life insurance and short-term disability options

  • Classic Safe Harbor 401(k) Plan with employer contributions

  • Opportunities for professional growth, learning, and development including access to Becker and LinkedIn Learning

We are committed to fostering a supportive and inclusive workplace where every team member can thrive. Apply today to be part of a company that values its people and their contributions!

Ready to elevate your career in an environment where your impact matters? Apply today.

Crete Professionals Alliance is an equal opportunity employer, considering all applicants for employment regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, sexual orientation, genetic information, or any other characteristic protected by state of federal law.

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Compensation & Benefits

The total rewards package at Current includes base salary and benefits.
Our salary ranges are competitive within the accounting industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidateโ€™s experience, expertise, geographic location, and internal pay equity relative to peers.
We provide a robust benefits package, including:

  • Health, Dental, and Vision Insurance (with options for fully paid employee only coverage for health and dental)

  • Company-Paid Life and Long-Term Disability Insurance

  • Ancillary Benefits such as supplemental life insurance and short-term disability options

  • Classic Safe Harbor 401(k) Plan with employer contributions

  • Opportunities for professional growth, learning, and development including access to Becker and LinkedIn Learning

Equal Opportunity

We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or any other applicable legally protected characteristic.