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Restructuring Consulting Jobs in Illinois (NOW HIRING)

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Restructuring Consulting information

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$20.4K

$144.6K

$217.5K

How much do restructuring consulting jobs pay per year?

As of Aug 15, 2026, the average yearly pay for restructuring consulting in Illinois is $144,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,300.00 and $169,600.00 per year, depending on experience, location, and employer.

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

To thrive in Restructuring Consulting, you need strong financial analysis, problem-solving abilities, and a background in finance, accounting, or business, often supported by a relevant degree or professional qualification (e.g., CPA, CFA, MBA). Experience with financial modeling tools, data analysis software (such as Excel or Tableau), and knowledge of restructuring frameworks and insolvency laws is vital. Excellent communication, negotiation skills, and the ability to manage stakeholder relationships under pressure set standout consultants apart. These skills are critical for developing effective restructuring strategies, guiding clients through complex financial challenges, and achieving successful organizational turnarounds.

What is restructuring consulting?

A Restructuring Consulting job involves advising companies facing financial distress, operational challenges, or strategic transitions. Consultants work with businesses to improve financial stability, optimize operations, manage debt, and explore restructuring options like mergers, acquisitions, or bankruptcy proceedings. Their goal is to enhance business performance and ensure long-term sustainability. Responsibilities may include financial analysis, stakeholder negotiations, and implementing turnaround strategies.

What kinds of projects and clients do restructuring consultants typically work with?

Restructuring consultants usually engage with companies experiencing financial distress, operational inefficiencies, or significant organizational change, including both small businesses and large corporations. Typical projects can involve turnaround management, debt restructuring, mergers and acquisitions support, or helping companies navigate bankruptcy processes. Consultants often work closely with senior executives, creditors, legal advisors, and cross-functional teams to develop and implement actionable solutions. Due to the high-stakes nature of the work, you’ll frequently be involved in fast-paced environments that require adaptability and analytical rigor, providing valuable experience for career advancement in corporate finance or management consulting.

What are popular job titles related to Restructuring Consulting jobs in Illinois?

For Restructuring Consulting jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Restructuring Consulting jobs in Illinois look for?

The top searched job categories for Restructuring Consulting jobs in Illinois are:

What cities in Illinois are hiring for Restructuring Consulting jobs?

Cities in Illinois with the most Restructuring Consulting job openings:

Restructuring Consulting jobs near you
Infographic showing various Restructuring Consulting job openings in Illinois as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 10% Part Time, and 5% Contract. Highlights an 84% Physical, 6% Hybrid, and 10% Remote job distribution, with an average salary of $144,592 per year, or $69.5 per hour.

Managing Consultant - Corporate Finance - Turnaround & Restructuring

Berkeley Research Group

Chicago, IL • On-site

$120K - $185K/yr

Full-time

Re-posted 22 hours ago

Job description

We do Consulting Differently
The BRG Corporate Finance practice specializes in providing strategic, operational, and financial advice to private equity firms, management teams, boards of directors, investors, hedge funds, and other lenders or companies that are either underperforming or in transition.
BRG Corporate Finance has in-depth experience across a wide range of industries and markets, including but not limited to retail, consumer products, financial services, healthcare, energy and technology. Across sectors, BRG has experienced professionals who understand the challenges clients face - making it well-equipped to help solve clients' issues.
Our five core service offerings include:
  • Turnaround & Restructuring (T&R)
  • Strategic Performance Solutions (SPS)
  • Retail Performance Improvement (RPI)
  • Transaction Advisory (TA)
  • Transaction & Valuation Opinions (VAL)

The Turnaround & Restructuring practice is seeking to add professionals due to client demand and market opportunities. The ideal candidate should be prepared to work in a team-oriented environment on a diverse range of turnaround advisory assignments. Articulating findings and recommendations around the key financial, business issues, and value drivers are critical components for this position. The ideal candidate will have skills in the following areas:
  • Three-statement financial modeling, including scenario planning
  • Financial planning & analysis
  • 13-week cash flow modeling
  • Chapter 11 process
  • Transactions, including sale of assets or businesses

Responsibilities:
  • Support the day-to-day activities of BRG Corporate Finance - Turnaround & Restructuring client service teams on engagement.
  • Manage the junior team on multiple tasks across a consulting engagement including modeling and client presentations
  • Utilize business, finance, accounting, and analytical skills to perform and oversee tasks including: 13-week cash flow models, 3-statement models, and pro-forma scenario models
  • Demonstrate the ability to work in a team environment; collaborate with T&R and BRG experts, professionals from other firms, and client contacts to achieve engagement objectives
  • Assist in preparation of reports, written analyses, presentations, and other client deliverables
  • Participate in the development of a fast-growing, entrepreneurial consulting practice including assisting in marketing, client pitches, and product and practice development
  • Demonstrate the highest degree of professionalism, ethics, quality, and integrity
  • Open and ready to expand your network with clients to become a trusted and reputable advisor

Qualifications:
  • Bachelors degree or degree equivalent in Business, Accounting/Finance, Management, Engineering, Economics, Mathematics, or related field;
  • 7+ years of work experience, ideally in a consulting or professional services environment;
  • Expertise in financial modeling and analysis (particularly in Excel), including constructing and understanding 3-statement financial models, cash flows, and scenario analyses;
  • Ability to manage and analyze large volumes of financial and operational data;
  • Ability to interpret the results of qualitative and quantitative analysis and develop insights and recommendations;
  • Demonstrated ability to interact with junior and senior team members, senior management, and other stakeholders or professionals;
  • Strong problem solving and project management skills;
  • CFA, CPA (or equivalent), or technical/GAAP accounting expertise is a plus;
  • Advanced in Microsoft Excel, PowerPoint, Word;
  • Familiarity with financial research tools (e.g., Capital IQ, Bloomberg, etc.); and
  • Willingness to travel as needed.

Salary Range: $120,000 to $185,000 per year.
#LI-SO1
PM22
About BRG
BRG combines world-leading academic credentials with world-tested business expertise and purpose-built emerging technologies. Our culture centers on agility and connectivity which sets us apart and gets you ahead.
At BRG, our professionals include specialist consultants, industry experts, renowned academics, and leading-edge data scientists. Together, they bring a diversity of real-world experience, data, and human and artificial intelligence, to economics, disputes, and investigations; corporate finance; and performance improvement services that address the most complex challenges facing organizations across the globe.
Our unique structure nurtures the interdisciplinary relationships that give us the edge, laying the groundwork for more informed insights and more original, incisive thinking. When paired with our global reach and resources, our diverse perspectives and technical capabilities make us uniquely capable to address our clients' challenges. We get results because we know how to apply our thinking to your world.
At BRG, we don't just show you what's possible. We're built to help you make it happen.
BRG is proud to be an Equal Opportunity Employer. Our hiring practices provide equal opportunity for employment without regard to race, religion, color, sex, gender, national origin, age, United States military veteran status, ancestry, sexual orientation, marital status, family structure, medical condition including genetic characteristics or information, veteran status, or mental or physical disability so long as the essential functions of the job can be performed with or without reasonable accommodation, or any other protected category under federal, state, or local law.

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