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Restructuring Jobs in New York (NOW HIRING)

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How much do restructuring jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for restructuring in New York is $34.95, according to ZipRecruiter salary data. Most workers in this role earn between $27.60 and $38.12 per hour, depending on experience, location, and employer.

What are some common challenges faced by professionals working in restructuring roles, and how can they best prepare for them?

Professionals in restructuring often face tight deadlines, high-pressure situations, and the need to balance competing interests of various stakeholders, such as creditors, management, and employees. Adapting to rapidly changing circumstances and developing creative solutions for complex financial and operational issues are essential. Building strong analytical skills, staying current with industry trends, and fostering effective communication and negotiation abilities can help restructuring professionals navigate these challenges successfully.

What is a restructuring professional?

Restructuring professionals are experts who help organizations facing financial difficulties or significant operational challenges. They work with companies to reorganize their business structures, manage debts, improve cash flow, and sometimes facilitate mergers, acquisitions, or sales of assets. Their goal is to stabilize the business, preserve value for stakeholders, and guide the company back to profitability or an orderly resolution. Restructuring professionals often have backgrounds in finance, accounting, law, or management consulting. They play a critical role during periods of corporate distress, working closely with company leadership, creditors, and sometimes courts.

Does restructuring pay well?

Restructuring professionals, such as financial or corporate restructuring specialists, often earn competitive salaries that vary based on experience, location, and industry. Senior roles or those with specialized skills in finance, negotiation, and project management tend to have higher compensation, with some earning six-figure salaries. Bonuses and performance incentives are also common in this field.

What is a restructuring job?

A restructuring job involves helping organizations reorganize their operations, finances, or management to improve efficiency or address financial difficulties. Professionals in this field analyze company structures, develop strategic plans, and may use financial modeling tools to implement changes, often working closely with executives and stakeholders.

What are the key skills and qualifications needed to thrive as a restructuring professional?

To thrive as a Restructuring professional, you need a strong background in finance, accounting, and business strategy, often supported by a relevant degree and experience in corporate turnaround or insolvency. Familiarity with financial modeling tools, legal frameworks for bankruptcy, and certifications such as CPA or CFA are highly beneficial. Excellent problem-solving abilities, negotiation skills, and clear communication help to manage stakeholders and drive consensus during challenging transitions. These skills are crucial for successfully guiding organizations through financial distress and achieving effective restructuring outcomes.

What is the difference between Restructuring vs Financial Analyst?

AspectRestructuringFinancial Analyst
Required credentialsTypically CPA, CFA, or similar certifications; relevant industry experienceBachelor's degree in finance, accounting, or related field; often CFA or CPA preferred
Work environmentConsulting firms, corporate restructuring departments, or turnaround specialistsCorporate finance departments, investment banks, or financial services firms
Employer and industry usageUsed in distressed situations, mergers, or reorganizationsUsed for financial planning, analysis, and investment decision-making

Restructuring professionals focus on reorganizing companies facing financial distress, often working in consulting or corporate settings. Financial Analysts analyze financial data to support investment and business decisions. While both roles require strong financial skills, restructuring emphasizes turnaround strategies, whereas Financial Analysts focus on data analysis and forecasting.

What are the most commonly searched types of Restructuring jobs in New York? The most popular types of Restructuring jobs in New York are:
What cities in New York are hiring for Restructuring jobs? Cities in New York with the most Restructuring job openings:
Restructuring jobs near you
Infographic showing various Restructuring job openings in New York as of August 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 85% Physical, 8% Hybrid, and 7% Remote job distribution, with an average salary of $72,701 per year, or $35 per hour.

Turnaround & Restructuring Summer Analyst

AlixPartners

New York, NY • On-site

Temporary

Re-posted 3 days ago

Job description

Turnaround & Restructuring - Summer Analyst for June 2027
At AlixPartners, we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honoring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.
AlixPartners has embraced a hybrid work model to provide flexibility and support our employees' work-life integration. Our hybrid model combines a mix of in-person (at client site or AlixPartners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.
What You'll Do
AlixPartners, a leading global consulting firm, is seeking Summer Analysts to support our Turnaround and Restructuring practice in Restructuring Advisory and Bankruptcy Case Management. Our Turnaround and Restructuring practice is widely recognized by corporations, executives, and creditors as a leader in preserving value in high-stakes situations, helping organizations navigate their most complex and urgent financial and operational challenges.
We have advised on many of the most significant restructurings and bankruptcies over the past several decades, including engagements such as Enron, General Motors, the Commonwealth of Puerto Rico, Bed Bath & Beyond, Party City, J.Crew, FTX, and Pacific Gas and Electric.
In this role, you will:
  • Support the team in structuring and executing analyses related to complex financial, operational, and restructuring challenges
  • Assist in building and maintaining financial models and analyzing company performance under various scenarios
  • Contribute to the preparation of client-ready presentations, reports, and supporting materials using Excel and PowerPoint
  • Perform quantitative and qualitative analysis to help identify value preservation and improvement opportunities
  • Conduct research using external data sources and industry tools to support client engagements and market insights
  • Help translate analysis into clear findings that support recommendations and decision-making
  • Collaborate with team members across engagements and contribute to broader practice initiatives, including research and internal projects

On your application, you may select one option (Restructuring Advisory, Bankruptcy Case Management, or Undecided) that best aligns with your interests. This selection does not impact your candidacy.
  • Restructuring Advisory

This track focuses on advising clients through urgent financial and operational challenges during periods of distress. Interns support teams working to stabilize liquidity, evaluate strategic options, and help guide companies through complex restructuring situations.
  • Key responsibilities may include:
    • Supporting liquidity management and cash flow forecasting
    • Assisting with business plan development and analysis
    • Evaluating liability management and capital structure alternatives
    • Conducting analyses of strategic restructuring options
    • Supporting stakeholder engagement and communications
    • Contributing to technical financial analysis aimed at stabilizing distressed businesses

In this role, you will help teams translate complex financial data into actionable insights that support critical decision-making during high-pressure situations.
  • Bankruptcy Case Management

This track focuses on the operational execution and administration of active bankruptcy cases. Interns gain hands-on experience with the mechanics that keep large, court-supervised processes running smoothly.
  • Key responsibilities may include:
    • Supporting preparation of first-day motions and court filings
    • Assisting with claims analysis, validation, and reconciliation
    • Preparing monthly operating reports and other required filings
    • Managing and organizing large datasets related to case activity
    • Tracking cash flows and supporting financial reporting
    • Assisting with stakeholder communications and case coordination

This role provides direct exposure to the day-to-day execution of bankruptcy proceedings, where accuracy, organization, and attention to detail are critical in ensuring proper handling of large-scale financial claims and court requirements.
  • Undecided: Still exploring our practices? You may select "Undecided."

These descriptions are not designed to encompass a comprehensive listing of required activities, duties or responsibilities.
This role is based in the New York office, with a hybrid work model. Paid relocation is not available.
Preferred Qualifications
  • Strong academic performance (e.g., cumulative GPA of 3.7 or higher preferred)
  • Experience using AI-enabled tools to enhance analysis, insight generation, and execution, with an understanding of when human judgment, validation, and discretion are essential
  • Experience using advanced Microsoft Excel capabilities (e.g., pivot tables, formulas, financial modeling and data analysis)
  • Experience building Discounted Cash Flows (DCF), Leveraged Buyout (LBO) models, 13-Week Cash Flow forecasts, and Three-Statement Models to project forward looking financial performance
  • Recent internship or experience in finance, accounting, investment banking or consulting roles
  • Demonstrated sustained commitment and accountability in team settings (e.g., leadership roles, employment during school, athletics, research, or community commitments), indicating reliability, teamwork, and deadline management.
  • Experience working in team-based, collaborative or client-facing environments
  • Demonstrated ability to interact professionally with clients and senior stakeholders
  • Demonstrated ability to manage tasks and meet deadlines in academic or professional settings
  • Demonstrated experience applying analytical problem solving to complex or ambiguous problems (e.g., analyzing data, developing models, and synthesizing findings to support recommendations)

Requirements
  • Currently pursuing a bachelor's or non-MBA master's degree with an expected graduation date between December 2027 and August 2028, with ability to participate in our internship program from June 2027 to August 2027
  • Must be enrolled in a degree program in Economics, Accounting, Finance, or a related field, and have completed at least two college-level courses in finance, accounting, and/or economics (e.g., Corporate Finance, Financial Accounting, Managerial Accounting, Microeconomics, Macroeconomics), or equivalent coursework.
  • Proficiency in Microsoft Excel and PowerPoint (e.g., ability to use formulas, data analysis tools, and create structured presentations)
  • Professional proficiency in English in written and verbal formats required to support client communications and deliverables
  • Demonstrated experience performing analytical or quantitative work (e.g., coursework, internships, research or projects)
  • Ability to travel up to 100% Monday through Friday as required
  • Must be open to a hybrid work model with regular presence in our New York office and be able to commute to the office as required
  • Willingness to work outside of normal U.S. business hours as unique projects/needs arise
  • Ability to work full time in an office and remote environment; physically able to sit/stand at a computer and work in front of a computer screen for significant portions of the workday
  • Must become familiar with, and promote and abide by, our Core Values as defined by the AlixPartners' Code of Conduct and foster an inclusive environment with people at all levels of an organization.
  • IMPORTANT: This role is not eligible for employer-sponsored work authorization at any time. Candidates must be authorized to work in the United States without employer sponsorship now and in the future.

This includes candidates who are currently authorized to work on a temporary basis (e.g., H-1B visa, STEM OPT, CPT, TN, F-1, J-1, etc.) but will require sponsorship at a later date. Candidates who will require employer sponsorship at any point during their employment are not eligible for this role.
The salary for this role takes into account a number of factors and is $45/hour.
AlixPartners is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability. AlixPartners is a proud Gold award-winning Veteran Friendly Employer.
This job will remain posted until 8/30/2026
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