Restructuring Bankruptcy Associate Jobs in Illinois

When faced with unexpected challenges or periods of distress, companies need to make fast, informed decisions and implement straightforward solutions to get back on track. Our experienced professionals quickly stabilize the business, diagnose the issues, and create a strategic plan that will drive the best possible outcomes for the company and stakeholders.
Whether seeking to preserve capital, improve cash flow, or restore earnings, we draw on our proven solutions, industry depth, and operational expertise to implement the change our clients need.
Our Restructuring and Turnaround services include Performance Improvement, Restructuring & Turnaround Advisory, Interim Management, and Bankruptcy & Fiduciary. Industries we serve include Aerospace, Defense, & Government Contractors, Automotive & Industrials, Business Services, Consumer Products & Retail, Energy, Engineering & Construction, Financial Services, Government, Municipal, & Education, Healthcare, Hospitality & Entertainment, Real Estate, Technology, Media & Telecommunications.
Who You Are:

• Bachelor's or Master's in Accounting, Finance, Economics, or related field of study
• Minimum 7 years of finance, accounting, or related experience
• Extensive experience with Microsoft Excel, including conditional formatting, lookup formulas, pivot tables, protecting files, creating scenario and what-if analyses, modifying options, and applying data validation to worksheets
• Experience related to direct cash flow forecasting that integrates with income statement and balance sheet, running sensitivity analysis, advanced financial analysis, and account reconciliation
• Experience with automating processes, improving controls, valuation analysis of distressed companies using EBITDA multiples and discounted cash flow
• Experience related to distressed companies' financial analysis/recommendation, bankruptcy/reorganization, and strategic growth consulting and analysis
• You have a passion for developing and maintaining client relationships
• You get the job done and have fun doing it
• You have experience working with large, imperfect data sets
• You readily identify problems and instinctively look for solutions
• You demonstrate analytical rigor and strong written and verbal communication skills
• You thrive in an ever-changing, dynamic work environment
• You enjoy participating in internal and external company initiatives such as community service, training, recruiting, and firm events
• You have the ability and desire to travel as required based on client location

What You'll Do:

• Use financial and/or operational acumen to provide solutions to interested parties in situations related to underperforming, distressed, or bankrupt businesses
• Oversee research, data and financial analysis, and development of financial models, reports, presentations, and other client-facing deliverables
• Assist in developing engagement strategy and scoping client deliverables
• Establish expectations for project team members, lead select client communication, own project workstreams, and ensure deadlines are met
• Participate actively in the development of junior team members by providing coaching and performance feedback, and fostering a team-based working culture

Applications for this evergreen opportunity will be accepted through Dec 31, 2026.
About Riveron:
At Riveron, we partner with clients-from global multinationals to high-growth private entities-to solve complex finance challenges, guided by our DELTA values: Drive, Excellence, Leadership, Teamwork, and Accountability. Our entrepreneurial culture thrives on collaboration, diverse perspectives, and delivering exceptional outcomes. We are committed to fostering growth, both for our clients and our people, through mentorship, integrity, and a client-centric approach. This inclusive environment offers flexibility, progressive benefits, and meaningful opportunities for impactful work that supports well-being in and out of the office.
Want to stay connected with Riveron? Join our Talent Community to learn more about our growing firm and be considered for future opportunities.
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Riveron Consulting is an Equal Opportunity Employer and believes that we are stronger together through our diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.
Full time roles are eligible for a full range of benefits including medical, dental, and vision insurance, 401(k) with company match, and PTO. A complete description of all available benefits can be found at Riveron's Benefits page at https://riveron.com/riveron-life/. Contract roles are not eligible for benefits.
Fraud Alert
Please beware of fraudulent schemes or impersonations when going through the job application process. A Riveron employee will never recruit via text or extend unsolicited employment offers. Additionally, a Riveron employee will never ask you to exchange money or purchase anything as part of the recruiting process.
Artificial intelligence (AI) tools are used to support the hiring process in screening, assessing, and/or selecting applicants for this position. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.