Restructuring Consulting Jobs in Illinois (NOW HIRING)

Impact You'll Make

• Lead the execution of complex restructuring and insolvency engagements, helping clients stabilize operations and position for long-term success.

• Serve as a trusted advisor to management teams, lenders, legal counsel, and other key stakeholders throughout restructuring processes.

• Deliver high-quality financial analyses and technical accounting solutions related to bankruptcy, Fresh-Start accounting, and corporate reorganizations.

• Develop and mentor team members while fostering a collaborative, high-performance environment.

• Support practice growth through business development, relationship management, and delivery of exceptional client service.

What You'll Do

• Lead engagement workstreams across a variety of restructuring, insolvency, and turnaround engagements involving both middle-market and large multinational organizations.

• Serve as the primary day-to-day client contact, building and maintaining strong relationships with management teams, lenders, creditors, legal counsel, and other stakeholders.

• Direct the preparation and review of 13-week cash flow forecasts, liquidity analyses, distressed-company financial models, and other restructuring-related analyses.

• Lead Fresh-Start accounting (ASC 852) engagements, including planning, implementation, valuation coordination, systems readiness, and post-emergence validation.

• Participate in and support negotiations with lenders, secured creditors, and other stakeholders related to debt restructurings and claims resolution.

• Review technical accounting research, financial analyses, client deliverables, and court-related documentation to ensure accuracy and quality.

• Oversee the preparation of written reports, presentations, and other client-facing materials that communicate findings and recommendations effectively.

• Mentor, coach, and develop Analysts and Senior Consultants through formal and informal training, performance feedback, and career development support.

• Collaborate with senior leadership to identify opportunities to expand existing client relationships and support business development initiatives.

• Represent Stout in client meetings, working sessions, creditor discussions, and court-related proceedings, as applicable.

• Contribute to practice development initiatives, knowledge sharing, and continuous improvement efforts across the Corporate Recovery Services team.

What You Bring

• Bachelor's degree in Accounting, Finance, or a related field; Master's degree preferred.

• CPA or CA designation required.

• 4-8 years of relevant experience in restructuring advisory, accounting advisory, financial audit, turnaround consulting, or related professional services environments.

• Demonstrated experience leading engagement workstreams and supervising junior professionals.

• Strong knowledge of bankruptcy and restructuring concepts, including U.S. bankruptcy proceedings, Plan of Reorganization accounting, and distressed-company financial analysis.

• Experience with Fresh-Start accounting (ASC 852), purchase accounting (ASC 805), or related technical accounting matters preferred.

• Advanced financial modeling skills, including cash flow forecasting, liquidity analysis, and 13-week cash flow modeling.

• Advanced proficiency in Microsoft Excel, with strong working knowledge of PowerPoint and Word.

• Experience advising distressed companies, lenders, creditors, or other stakeholders through Chapter 11 or out-of-court restructurings preferred.

• Professional certifications such as CTP (Certified Turnaround Professional) or CIRA (Certified Insolvency & Restructuring Advisor) are a plus.

• Experience with data analytics tools such as SQL, Alteryx, Power BI, or similar technologies is preferred.

• Ability to travel up to 10%, depending on client and engagement requirements.

• Must be legally authorized to work in the United States without employer sponsorship.

How You'll Thrive

• Demonstrate sound judgment and composure while managing complex, high-pressure client situations.

• Build credibility and trust with clients, lenders, legal counsel, and other stakeholders through responsiveness, technical expertise, and professionalism.

• Apply strong analytical and critical thinking skills to solve complex financial and operational challenges.

• Effectively balance multiple priorities and deadlines while maintaining exceptional attention to detail.

• Take ownership of client outcomes and deliver high-quality work in fast-paced environments.

• Foster collaboration, mentorship, and professional development within engagement teams.

• Contribute to a culture of continuous improvement, knowledge sharing, and innovation.

• Embody Stout's core values of being Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and Great Communicators.

• Deliver Relentless Excellence through exceptional client service and leadership.