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Restructuring Consulting Jobs (NOW HIRING)

Alvarez and Marsal

Senior Associate, Restructuring

Houston, TX · On-site

$14.25 - $17.25/hr

Description Restructuring Senior Associate, Alvarez & Marsal Houston Office About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and ...

Alvarez & Marsal

Senior Associate, Restructuring

Dallas, TX · On-site

$14.75 - $17.75/hr

Description Restructuring Senior Associate, Alvarez & Marsal Dallas Office About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and ...

Alvarez & Marsal

Senior Associate, Restructuring

Troy, MI · On-site

$14.25 - $17/hr

Description Restructuring Senior Associate, Alvarez & Marsal Detroit Office About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and ...

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Restructuring Consulting information

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$21K

$149.2K

$224.5K

How much do restructuring consulting jobs pay per year?

As of Aug 9, 2026, the average yearly pay for restructuring consulting in the United States is $149,214.00, according to ZipRecruiter salary data. Most workers in this role earn between $120,000.00 and $175,000.00 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.

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What cities are hiring for Restructuring Consulting jobs? Cities with the most Restructuring Consulting job openings:
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Restructuring Consulting jobs near you
Infographic showing various Restructuring Consulting job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 10% Part Time, and 5% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $149,214 per year, or $71.7 per hour.

Senior Director, Turnaround & Restructuring

Ankura Consulting Group, LLC

New York, NY • On-site

Full-time

Re-posted 14 days ago

Job description

Ankura is a team of excellence founded on innovation and growth.
Practice Overview:
An underperforming or distressed company can often face tight liquidity constraints, unprofitable business units, and adverse industry conditions. Ankura advisors partner with senior management to assess the situation and quickly develop and implement a strategic plan that addresses multiple aspects of the business and the restructuring. Ankura's team provides strategic and financial advice to companies, boards, and investors. Our consultants bring critical problem-solving skills to every engagement, thereby delivering innovative and practical solutions that can be executed in today's marketplace. With a consistent process-driven approach aimed to stabilize, rehabilitate, and restructure the situation, Ankura experts bring a level of stability to unstable situations, allowing for successful resolutions focused on creating value and maximizing recoveries among stakeholders. Our firm specializes in the following company advisory services:
  • In-court and out-of-court restructuring advisory
  • Liquidity management
  • Financial modeling and forecasting
  • Operational improvement
  • Strategic business plan development
  • Management of communications with key stakeholders, including lenders, boards of directors, employees, investors, and creditor constituencies
  • Customer and vendor management
  • Negotiation and dispute resolution
  • Debt and capital restructuring
  • Expert witness testimony
  • Distressed and/or special situation M&A advisory
  • Post-transaction business stabilization

Role Overview:
We are currently recruiting a Senior Director to join our Turnaround & Restructuring (T&R) team. This role could be located in New York, Dallas, or Chicago.
Responsibilities:
  • Leads the review of and provides guidance on complex analyses
  • Facilitates team in the development and understanding of analytical tools including and outside of Excel
  • Supervises and manages team working directly with Client to obtain relevant data
  • Provides direction on disaggregate complex problems and into simpler parts
  • Leads in challenging assumptions and hypotheses generated by early career consultants
  • Oversees the review of complex accounting and financial concepts to the situation at hand
  • Analyzes risks to existing or proposed covenant packages
  • Leads and provides guidance on analyses on different credit products
  • Delivers guidance and clearly articulates restructuring concepts and applies to the situation at hand
  • Responsible for building fully integrated financial and transaction models from start to finish including supervising all parts of the analysis and drawing preliminary conclusions
  • Takes ownership and manages key elements of bankruptcy case management
  • Effectively plans engagement workstreams and manages multiple sections of work plan
  • Prepares and supervises deliverables including identifying and writing issues and situations at hand for review by senior professional
  • Determines an effective approach / content level based on audience in most situations
  • Builds lasting relations with clients beyond initial engagement
  • Coordinates with team on prioritization plans
  • Provides leadership to junior professionals and shapes the work of the team

Requirements:
  • Minimum 8 years of relevant restructuring / distressed experience in a professional service or consulting firm environment
  • An undergraduate degree from a top academic institution
  • Advanced degree(s) and applicable professional certification(s) are preferred (CFA, CIRA, CPA)
  • Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13-week cash flow models
  • High energy style, flexible and adaptive, with the ability to work well in a very fast paced environment
  • Ability to adapt to complex client environments and situations
  • Proven track record of effectively planning for and proactively mitigates risks on projects and work streams
  • Exceptional negotiation skills with complex/sophisticated situations involving senior level stakeholders
  • Able to develop credible recommendations under shortened time constraints and imperfect information
  • Quickly recognizes critical areas requiring analysis and review while understanding the big picture
  • Experience synthesizing complex unstructured information rapidly and applies good business judgment driving quickly to deep insights into possible impacts and solutions
  • Expert written communication skills, self-directed with preparation of client ready document and presentation development
  • Articulate, persuasive, communicator who is adept at handling executive and difficult audiences well including ability to adapt style to audience
  • Ability and willingness to undertake extensive travel is required
  • Willingness to work at times, long hours during the week and on weekends due to client demands may be necessary

#LI-MJ1
#LI-Hybrid
For individuals assigned and/or hired to work in California, Colorado, or New York, Ankura is required to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the said markets and considers a broad range of factors including but not limited to skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. The range does not include additional benefits outside of salary. At Ankura, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each role. A reasonable estimate of the current base pay range is between $110,000 to $240,000; this range is not a promise of a particular wage.
Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.

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