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How much do turnaround consulting jobs pay per year?

As of Sep 9, 2026, the average yearly pay for turnaround consulting in the United States is $80,827.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $105,500.00 per year, depending on experience, location, and employer.

What is turnaround consulting?

A Turnaround Consulting job involves helping struggling businesses stabilize, recover, and improve their financial and operational performance. Professionals in this role analyze a company's challenges, develop strategic plans, and implement changes to restore profitability and efficiency. They often work with management teams, creditors, and stakeholders to address cash flow issues, reduce costs, and drive sustainable growth. This role requires expertise in financial restructuring, operations management, and crisis intervention to navigate complex business difficulties effectively.

What are some of the main challenges faced in turnaround consulting roles?

Turnaround Consulting professionals often work with companies experiencing financial distress or operational difficulties, which means navigating urgent and complex business situations. Consultants must quickly assess key problems, develop clear strategies, and build consensus among stakeholders who may be under significant stress. The fast-paced environment can require long hours and adaptability, but offers valuable experience in high-stakes decision-making and collaboration with top executives. It’s a demanding but rewarding role for those who thrive on problem-solving and making a tangible impact.

What are the key skills and qualifications needed to thrive in turnaround consulting, and why are they important?

To thrive as a Turnaround Consultant, you need strong analytical abilities, financial acumen, and a solid background in business management or finance, often supported by an MBA or relevant certifications. Familiarity with financial modeling software, enterprise resource planning (ERP) systems, and tools like Excel and PowerPoint is highly valued. Excellent problem-solving, leadership, and communication skills help consultants navigate high-pressure situations and build trust with clients. These competencies are crucial for diagnosing a company's issues, developing actionable strategies, and driving successful organizational change under tight deadlines.

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turnaround consulting jobs near you
Infographic showing various Turnaround Consulting job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $80,827 per year, or $38.9 per hour.

Managing Consultant - Corporate Finance - Turnaround & Restructuring

Boston, MA

Berkeley Research Group, LLC
Business Management Consulting • 501 - 1,000 employees
Learn more about Berkeley Research Group, LLCexternal

$120K - $185K/yr

Full-time

Re-posted 8 days ago

Job description


BRG is an Equal Employment Opportunity/Affirmative Action Employer. All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status.
Position Title: Managing Consultant - Corporate Finance - Turnaround & Restructuring
Location: Boston, MA
Position Type: Full time
Requisition ID: JR100514
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-SJ1

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 dont just show you whats possible. Were 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.


Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Compensation details: 120000-185000 Yearly Salary


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