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Restructuring and Turnaround Services - Manager - job 1 of 3

When faced with unexpected challenges or periods of distress, companies need to make fast, informed decisions and implement straightforward solutions to get back on track. Our experienced professionals quickly stabilize the business, diagnose the issues, and create a strategic plan that will drive the best possible outcomes for the company and stakeholders. 


Whether seeking to preserve capital, improve cash flow, or restore earnings, we draw on our proven solutions, industry depth, and operational expertise to implement the change our clients need. 


Our Restructuring and Turnaround services include Performance Improvement, Restructuring & Turnaround Advisory, Interim Management, and Bankruptcy & Fiduciary. Industries we serve include Aerospace, Defense, & Government Contractors, Automotive & Industrials, Business Services, Consumer Products & Retail, Energy, Engineering & Construction, Financial Services, Government, Municipal, & Education, Healthcare, Hospitality & Entertainment, Real Estate, Technology, Media & Telecommunications. 


Who You Are:
  • Bachelor’s or Master’s in Accounting, Finance, Economics, or related field of study 
  • Minimum 5 years of finance, accounting, or related experience  
  • Recent experience with direct cash flow forecasting that integrates with income statement and balance sheet, running sensitivity analysis, advanced financial analysis, and account reconciliation 
  • Experience with automating processes, improving controls, valuation analysis of distressed companies using EBITDA multiples and discounted cash flow 
  • Experience related to distressed companies’ financial analysis/recommendation, bankruptcy/reorganization, and strategic growth consulting and analysis 
  • Advanced Excel experience, including conditional formatting, lookup formulas, pivot tables, protecting files, creating scenario and what-if analyses, modifying options, and applying data validation to worksheets 
  • You have a passion for developing and maintaining client relationships 
  • You get the job done and have fun doing it 
  • You readily identify problems and instinctively look for solutions 
  • You demonstrate analytical rigor and strong written and verbal communication skills  
  • You thrive in an ever-changing, dynamic work environment 
  • You enjoy participating in internal and external company initiatives such as community service, training, recruiting, and firm events 
  • You have the ability and desire to travel as required based on client location 


What You'll Do:
  • Use financial and/or operational acumen to provide solutions to interested parties in situations related to underperforming, distressed, or bankrupt businesses 
  • Oversee research, data and financial analysis, and development of financial models, reports, presentations, and other client-facing deliverables  
  • Build financial models and evaluate financial statement information, including income statement, balance sheet, cash flow, and key operational data  
  • Own project workstreams and ensure deadlines are met 
  • Participate actively in the development of junior team members by providing coaching and performance feedback, and fostering a team-based working culture


$100,000 - $180,000 a year
The expected pay range for this position is $100,000 - $180,000 (exclusive of bonus, equity, or benefits for which this role may be eligible). This range takes into account a variety of factors that are considered in making individual compensation decisions including but not limited to experience and training; skill sets; licensure and certifications; location and other business and organizational needs; and applicable laws.

#LI-JS1


About Riveron:

At Riveron, we partner with clients—from global multinationals to high-growth private entities—to solve complex finance challenges, guided by our DELTA values: Drive, Excellence, Leadership, Teamwork, and Accountability. Our entrepreneurial culture thrives on collaboration, diverse perspectives, and delivering exceptional outcomes. We are committed to fostering growth, both for our clients and our people, through mentorship, integrity, and a client-centric approach. This inclusive environment offers flexibility, progressive benefits, and meaningful opportunities for impactful work that supports well-being in and out of the office.  


Check us out on social media: 

LinkedIn  Glassdoor  Instagram  Facebook 

 

Riveron Consulting is an Equal Opportunity Employer and believes that we are stronger together through our diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by law.


Fraud Alert

Please beware of fraudulent schemes or impersonations when going through the job application process. A Riveron employee will never recruit via text or extend unsolicited employment offers. Additionally, a Riveron employee will never ask you to exchange money or purchase anything as part of the recruiting process.

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Average salary estimate

$140000 / YEARLY (est.)
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$100000K
$180000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Restructuring and Turnaround Services - Manager, Riveron

Riveron is on the lookout for a dynamic Restructuring and Turnaround Services Manager to join our team! When companies find themselves in unexpected distress, our experienced professionals step in to stabilize operations and formulate strategic plans for recovery. As the Manager, you will lead a team in providing comprehensive solutions that span Performance Improvement, Advisory, Interim Management, and Bankruptcy-related services. In this role, your advanced analytical skills will shine as you utilize financial modeling to dissect income statements and balance sheets, ensuring your recommendations are backed by robust data. Your experience with cash flow forecasting and operational oversight will empower you to guide clients through turbulent times, while your passion for building strong relationships will serve as a foundation for successful collaborations. We value an entrepreneurial spirit and thrive on teamwork, so expect a fast-paced, engaging environment where your contributions will make a tangible impact. If you’re ready to take on challenges head-on and have fun while doing so, this could be the perfect opportunity for you! With a compensation range of $100,000 to $180,000 annually, plus a supportive workplace culture that fosters growth and inclusivity, Riveron is excited to welcome someone who can wield their expertise to ensure that we guide our clients toward brighter futures.

Frequently Asked Questions (FAQs) for Restructuring and Turnaround Services - Manager Role at Riveron
What qualifications do I need to be a Restructuring and Turnaround Services Manager at Riveron?

To qualify for the Restructuring and Turnaround Services Manager position at Riveron, candidates should hold a Bachelor’s or Master’s degree in Accounting, Finance, Economics, or a related field. A minimum of 5 years of relevant experience in finance or accounting roles is essential, alongside hands-on experience in cash flow forecasting, financial analysis, and automation processes.

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What industries does Riveron serve in their Restructuring and Turnaround Services?

Riveron's Restructuring and Turnaround Services cater to a diverse range of industries, including Aerospace, Defense, Automotive, Financial Services, Healthcare, and many others. This breadth allows our team to apply tailored solutions and strategies that meet the unique challenges faced by companies in these sectors.

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What skills are essential for success as a Restructuring and Turnaround Services Manager at Riveron?

Essential skills for success in the Restructuring and Turnaround Services Manager role at Riveron include advanced financial analysis, strong Excel skills, the ability to automate processes, and excellent verbal and written communication. Furthermore, a passion for client relationships and effective problem-solving abilities are crucial for navigating complex situations.

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What are the key responsibilities of a Restructuring and Turnaround Services Manager at Riveron?

As a Restructuring and Turnaround Services Manager at Riveron, you will oversee research and data analysis, build financial models, develop client-facing deliverables, and manage project workstreams. Additionally, you will be responsible for mentoring junior team members while ensuring project deadlines are met.

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What is the salary range for the Restructuring and Turnaround Services Manager role at Riveron?

The expected salary range for the Restructuring and Turnaround Services Manager position at Riveron is between $100,000 and $180,000 annually, not including potential bonuses, equity, or benefits. Compensation considerations include experience, skills, and business needs.

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Does Riveron prioritize work culture in the Restructuring and Turnaround Services Manager position?

Yes, Riveron prioritizes a collaborative and inclusive work culture that fosters growth and encourages team members to support one another. You'll find an environment at Riveron that promotes mentorship, integrity, and flexibility as vital components of our team dynamics.

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What does a typical work environment look like for a Restructuring and Turnaround Services Manager at Riveron?

The work environment for a Restructuring and Turnaround Services Manager at Riveron is dynamic and fast-paced, requiring adaptability to changing client demands. You'll engage with various stakeholders and lead a proactive team approach to solving challenges, all while fostering a supportive culture.

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Common Interview Questions for Restructuring and Turnaround Services - Manager
Can you describe your experience with financial modeling as a Restructuring and Turnaround Services Manager?

In your response, highlight specific instances where you built financial models to analyze distressed companies. Discuss the types of data you gathered, how you evaluated financial statements, and the outcomes of the models you created.

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How do you approach cash flow forecasting in distressed situations?

Explain how you integrate cash flow forecasting with income statements and balance sheets. Provide details on the techniques you use for running sensitivity analyses and how these strategies ultimately benefit the client.

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What strategies do you employ to build relationships with clients?

Emphasize your approach to understanding client needs, maintaining open communication, and providing insights that align with their goals. Consider giving examples of how these strategies led to long-term partnerships.

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Describe a challenging situation you've faced when working with a distressed company.

Share a specific example that highlights your problem-solving skills, your approach to stabilizing the business, and the solutions you implemented that led to positive outcomes for the client.

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What role does teamwork play in the Restructuring and Turnaround Services Manager position?

Discuss the importance of collaboration within your team, how it enhances client outcomes, and provide examples of team-based projects where collective efforts made a substantial impact.

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How do you manage multiple projects and ensure deadlines are met?

Illustrate your project management skills by discussing techniques you implement to prioritize tasks, delegate responsibilities, and streamline processes to maintain deadlines without compromising quality.

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What do you find most rewarding about the Restructuring and Turnaround Services role?

Reflect on the satisfaction you derive from helping companies navigate complex challenges and the impact your work has on clients' recovery and growth trajectories. Personal anecdotes can create a compelling narrative.

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Can you give an example of how you've automated a financial process?

Provide a detailed example of a financial process you improved through automation, including the tools and methodologies used. Discuss the resulting time savings and any increases in accuracy or efficiency.

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What techniques do you employ to provide constructive feedback to junior team members?

Explain your approach to mentoring and share specific strategies you use to deliver feedback that fosters growth and encourages a culture of learning within your team.

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How do you keep up with industry changes and advancements in restructuring practices?

Illustrate your commitment to continuous learning by mentioning relevant courses, seminars, or industry publications you follow. Discuss how you integrate new knowledge into your practice to enhance service delivery.

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Riveron is a business advisory firm specializing in accounting, finance, technology, and operations. We partner with our clients to elevate performance and expand possibilities across the transaction and business lifecycle. Our thoughtfully integr...

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Full-time, remote
DATE POSTED
November 25, 2024

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