Restructuring and - managing director
Job Description
As CohnReznick grows, so do our career opportunities. As one of the nation’s top professional services firms, CohnReznick creates rewarding careers in advisory, assurance, and tax with team members who value innovation and collaboration in everything they do! CohnReznick helps organizations optimize performance, manage risk, and maximize value through CohnReznick LLP (assurance services) and CohnReznick Advisory LLC (advisory and tax services). Together, the firm provides leaders with deep industry knowledge and relationships, solutions to address clients’ unique business goals and risks, and insight on how emerging market forces can drive opportunity. With offices nationwide, the firm serves organizations around the world as an independent member of Nexia. We currently have an exciting career opportunity for a Managing Director to join the Restructuring team our Restructuring and Dispute Resolution Advisory practice. CohnReznick is a hybrid firm most of our professionals are located within a commutable distance to one of our offices. This position is considered remote which means it does not require job duties be performed within proximity of a CohnReznick office location. However, as a remote employee, you may be required to be present at a CohnReznick office with scheduled notice for client work, team meetings, or trainings. YOUR TEAM. This position will support our Restructuring & Dispute Resolution group. This group provides a wide suite of services to clients, giving you the opportunity to learn, grow, and build out your skills. As a member of this team, you’ll interact with team members across all levels within the practice. WHY COHNREZNICK? At CohnReznick, we’re united by a common mission to create opportunity, value, and trust for our clients, our people, and our communities. Whether it’s working alongside your peers to solve a client challenge, or volunteering together at the local food bank, there are so many ways to find your “why” at the firm. We believe it’s important to balance work with everyday life – and make time for enjoyment and fun. We invest in a robust Total Rewards package that includes everything from generous PTO, a flexible work environment, expanded parental leave, extensive learning & development, and even paid time off for employees to volunteer. YOUR ROLE. Responsibilities Responsibilities include but not limited to:- Provide strategic advice and analytical services in turnaround and crisis situations.
- Assume interim leadership positions with client organizations.
- Lead CohnReznick professional teams deployed on client projects in both in-court and out-of-court environments.
- Assist businesses in analyzing profits, costs, cash flows, market trends, valuations, and other relevant data.
- Assess the client company’s long-term viability and business strategy.
- Develop and/or implement financial restructuring plans for clients.
- Interact directly with client C-suite and other project professional firms including attorneys and investment bankers.
- Bachelor’s degree in Accountancy, Finance, Business Administration, or related field.
- 15+ years of experience providing complex financial restructuring to distressed companies.
- Interim managerial experience preferred including CRO, CEO, CFO, COO type roles.
- CPA or CFA preferred.
- CIRA (Certified Insolvency & Restructuring Advisor) and/or Certified Turnaround Professional (CTP) designations a plus.
- Excellent in-person and written communication capabilities.
- Insolvency experience, including managing debtor bankruptcies and creditor committee engagements.
- Experience assessing business plans.
- Large case experience is a plus.
- Excellent analytical and organizational skills.
- Significant flexibility of work schedule and travel to meet client needs required.
- Excellent analytical, problem-solving, and root cause determination skills.
- Strong written and verbal communication and presentation skills.
- Strong client-focus skills.
- Ability to lead a team in a deadline-driven environment. A natural self-starter and independent thinker.
- Action-oriented, decisive approach, with the willingness to take a hands-on role to ensure the deliverables are met on time with high quality.
- Advanced Microsoft Office skills, with an emphasis on Excel, and PowerPoint.,
- Up to 80% travel
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