Remote Position

[Remote] Senior Associate, Management Consulting, Turnaround & Restructuring

🌍 Remote · United States 💼 Full-time

Note: The job is a remote job and is open to candidates in USA. BDO USA is hiring a Senior Associate for its Turnaround & Restructuring Services (TRS) practice. The role executes and leads restructuring and bankruptcy engagements, analyzes financial and operational issues, advises clients, and supervises and trains associates and interns.

Responsibilities

  • Partners with the Principals and decision-makers
  • Collaborates with debtor clients in restructuring the client’s businesses in and out of Chapter 11
  • Prepares and analyzes complex, detailed cash flow forecasts and financial models together with assumptions and detailed supporting schedules
  • Assists with refinancing efforts and sale transactions
  • Assists clients with downsizing operations, and meeting operational and financial goals
  • Works with buyers such as hedge funds, equity sponsors and companies in acquisition due diligence
  • Assists creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
  • Evaluates management to determine ability to operate and reorganize
  • Ensures compliance with all court filing requirements
  • Investigates transactions with insiders, financial institutions and other creditors to determine causes of action
  • Reviews financial statements and recommends changes
  • Functions as a business advisor to clients
  • Creates interactive models and operational and financial analysis and prepares financial memorandums
  • Supports business development activities with appropriate financial research, including preparation of new business proposals
  • Works in crisis environments while delivering consistent high quality work in an accelerated fashion
  • Other duties as required
  • Supervises the day-to-day workload of TRS Associates and Interns on assigned engagements and reviews work product
  • Ensures TRS Associates and Interns are trained on all relevant software and resources
  • Delivers periodic performance feedback and completes performance evaluations for TRS Associates and Interns
  • Acts as mentor to TRS Associates and Interns, as appropriate

Skills

  • Bachelors degree in Accounting, Finance or other relevant field required
  • Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery or restructuring services required
  • Strong financial analysis and complex modeling skills including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations and the due diligence processes
  • High proficiency in the use of Microsoft Office Suite
  • Excellent oral and written communication skills
  • Superior analytical and research skills
  • Ability to structure complex analyses, gather and analyze data and provide insights
  • Solid organizational skills especially ability to meet project deadlines with a focus on details
  • Ability to successfully multi-task while working independently or within a group environment
  • Excellent research abilities including familiarity with Capital IQ as well as other research sources
  • Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
  • Capable of effective managing a team of professionals and delegating work assignments as needed
  • Capacity to build and maintain strong relationships with client personnel
  • Ability to successfully interact with professionals at all levels, inside and outside of BDO, including attorneys, financial advisors, clients and prospects
  • Superior interpersonal, communication, marketing, sales and organizational skills
  • Intermediate knowledge of bankruptcy and insolvency process
  • Prior experience working within a national public accounting firm or consulting organization preferred
  • CPA certification preferred
  • CTP and/or CIRA designation beneficial

Benefits

  • BDO is an ESOP company, offering participants a stake in the firm’s success through beneficial ownership and an opportunity to enhance their financial well-being; subject to eligibility requirements.
  • The ESOP is a qualified retirement plan and an addition to BDO’s compensation and Total Rewards benefits; subject to eligibility requirements.

Company Overview

  • BDO USA renders taxation, audit, assurance, advisory, and business outsourcing services to companies across all sectors of the economy. It was founded in 1910, and is headquartered in Chicago, Illinois, USA, with a workforce of 10001+ employees. Its website is https://www.bdo.com/.
  • Company H1B Sponsorship

  • BDO USA has a track record of offering H1B sponsorships, with 56 in 2026, 91 in 2025, 100 in 2024, 119 in 2023, 151 in 2022, 105 in 2021, 199 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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