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Senior Associate (Turnaround & Restructuring)

Hilco GlobalNew York, New York, United StatesOnsite
This job is no longer open

Job Description:


We are seeking a highly skilled and experienced Senior Associate to join our dynamic team. This role requires an individual with a deep understanding of financial modeling, forecasting, and analysis, particularly withinthe context of restructuring and turnaround situations. The ideal candidate will have a strong background in finance, with expertise in handling underperforming, distressed, or bankrupt businesses. If you are aproactive problem-solver with excellent financial acumen and a passion for transforming businesses, we encourage you to apply.

Key Responsibilities:



  • Develop and maintain 13-week cash flow models to accurately forecast cash positions.

  • Develop and maintain integrated, standard three statement projection financial models.

  • Analyze financial statement information, including income statement, balance sheet, cash flow, and key operational data, to support decision-making processes.

  • Construct and manage liquidation models, including various scenarios to evaluate different outcomes.

  • Exhibit a comprehensive understanding of general ledgers, including deriving income statements and balance sheets, and demonstrate the ability to create forecasts based upon this data.

  • Understand and analyze standard costs and manufacturing variances, providing insights and solutions.

  • Create and maintain a Creditor Composition Matrix for effective stakeholder management.

  • Formulate fact-based conclusions by applying sound business judgment and critical thinking.

  • Provide expert advice and develop solutions for a diverse range of challenges related to underperforming, distressed, or bankrupt businesses.

  • Assist with bankruptcy reporting both in and out of court, communicating with courts, U.S. Trustees, creditors’ committees, and other stakeholders.

  • Conduct comprehensive research, analyze large complex data sets, and synthesize findings into coherent reports, presentations, pitch decks, and other client-facing deliverables.

  • Foster strong partnerships with clients, understanding their needs, and delivering high-quality projects that meet or exceed expectations.

  • Collaborate with project team members to manage various workstreams and ensure deadlines are consistently met.

  • Provide mentorship, coaching, and guidance to junior team members, fostering a culture of learning and professional growth.

Qualifications:



  • 4-5 years of expertise in the turnaround field, investment banking, workouts, or management consulting.

  • Excellent financial modeling skills and ability to utilize advanced financial modeling skillset to develop clean sheet Excel financial models (13-week cash flow, three statement projections).

  • Strong analytical skills, i.e., ability to quickly understand complex business issues, creative problem solving, quantitative analysis, workflow processes, etc.

  • Familiarity/experience with data and data analysis tools (such as, but not limited to Alteryx, tableau, Power BI, etc.)

  • General knowledge of corporate finance, accounting principles and related terminology.

  • Strong communication and interpersonal abilities.

  • Proven ability to work independently and collaboratively in a fast-paced, demanding environment;

  • Comfortable working in stressful and ambiguous situations.

  • Ability to travel up to 80%.

Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

This job is no longer open

Life at Hilco Global

Hilco Global is an independent financial services company providing Valuation, Monetization and Advisory services for all tangible and intangible assets. Hilco is the world's preeminent authority in assisting healthy and distressed companies and their constituencies derive maximum value from assets. Hilco provides a suite of strategic services to help companies, their advisors and investors identify the value in business assets, monetize those assets either through acquisition or disposition, and leverage the assets to obtain debt or equity capital. Services include: - Asset Appraisals, Enterprise Valuations and IP Valuations - Retail, Consumer and Industrial Inventory Monetization - Machinery and Equipment Monetization - Real Estate Repositioning - Private Equity Investing - A/R and other Debt Acquisitions - Retail Performance and Profit Enhancement Consulting Hilco is composed of independent operating units, each specializing in one or more aspects of our complete business services package. Operating units are staffed and managed by teams of highly-skilled, experienced men and women, all of whom share an unwavering commitment to quality service, the highest standards of professional ethics and integrity, and to the achievement of successful results. Hilco Global is the holding company for twenty integrated business units delivering expert solutions and proven value on every engagement for 30 years. It provides platform services to the business units, including legal and accounting, marketing and capital. In addition, Hilco delivers the discipline of a parent. While each business group has its own personality and talents, Hilco oversees performance to ensure a level of service consistent with Hilco's elevated standards.
Thrive Here & What We Value1. HighPerformance Team2. Emphasis on Building Acuity and Capacity in Strategic Analysis and Operational Execution3. Celebrate Diversity and Commitment to Creating an Inclusive Environment for All Employees.4. Passionate about making a lasting positive impact in the city of Philadelphia with this transformational project that prioritizes the community, the environment, and the economy.5. Hilco Merchant Resources is an equal opportunity employer that celebrates diversity and is committed to creating an inclusive environment for all employees.6. Entrepreneurial and growing group presents opportunity for sharp nearterm career growth.7. Focus on helping clients minimize costs and maximize real estate value.8. Dispositions and lease restructure groups have national coverage and experience with all asset classes of real estate.9. Celebrate diversity and committed to creating an inclusive environment for all employees.10. Inclusive environment for all employees.</s>
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