What are the responsibilities and job description for the Director, Restructuring & Special Situations position at Forvis Mazars, LLP?
General information
Name
Director, Restructuring & Special Situations
Posting Title
Director, Restructuring & Special Situations
Ref #
2235731
Date Published
Wednesday, September 3, 2025
City
New York
State
New York
Country
United States
Job Category
Transaction Advisory
Advertised Location
US-GA-Atlanta, US-IL-Chicago, US-NY-New York, US-OH-Cincinnati, US-PA-Fort Washington, US-TX-Dallas, US-TX-Houston
Working time
Full Time
Description & Requirements
The Restructuring team guides businesses through complex recovery, reorganization, and transition challenges. With critical thinking and an expedient approach focused on problem resolution, they deliver tailored solutions in strategic assessments, restructuring, bankruptcy solutions, receiverships, liquidity management, refinancing, recapitalization, and critical negotiations with creditors and constituents. Focused on driving financial and operational excellence and sustainable change for troubled businesses and their owners, the team helps clients overcome disruption and move forward with clarity restoring order to chaos.
What You Will Do:
- Lead, develop, and execute strategic initiatives to enhance client performance, including turnaround and recovery, refinancing and recapitalization, and transition planning and reorganization.
- Evaluate business viability and strategic options and design initiatives to drive operational improvements.
- Inspire, develop, and lead and manage high-performing teams to ensure efficient service delivery and foster professional growth.
- Oversee and analyze business plans, including detailed cash flow and financial modeling, ensuring accuracy and strategic alignment.
- Assess revenue streams, profit drivers, and cost structures to identify opportunities for margin enhancement.
- Identify and implement cost reduction strategies and working capital optimization initiatives.
- Evaluate supply chains to assess risks, prioritize vendors, and identify strategic alternatives.
- Collaborate confidently with executives, private equity firms, corporate clients, legal advisors, and other key stakeholders.
- Transition, create and nurture professional relationships and referral networks to contribute to business development.
- Proactively cultivate client relationships that lead to new engagement opportunities.
Minimum Qualifications:
- Bachelor's Degree in Accounting, Finance, or a related Business field
- Nine (9 ) years of experience in audit, transaction services, restructuring, or business advisory from a large public accounting or consulting firm
- Seven (7 ) years of direct restructuring experience
Preferred Qualifications:
- Current and valid certification (CIRA or CTP) or an advanced degree (MBA)
- Certified Public Accountant (CPA) certification
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New York City Pay Transparency
Pursuant to the pay transparency laws of New York State and other local ordinances within the state including (but not limited to) New York City, the salary range displayed is for the New York markets. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Total compensation and benefits consist of salary, group health plan benefits, 401(K), profit-sharing contributions, flexible time off, and parental leave. Forvis Mazars reserves the right to make changes to the salary range based on business needs.
New York Salary Range:
NY Minimum Salary (USD)
$ 181,400
NY Maximum Salary (USD)
$ 290,000
Illinois Wage Transparency
Pursuant to Illinois' Equal Pay Act, the salary range displayed is for the Illinois market. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Non-exempt/hourly positions will be eligible for time and half pay for employees that work over 40 hours in a workweek. Benefits are eligibility-based and could include group health plan benefits, 401(K), bonuses, profit-sharing contributions, flexible time off, and parental leave. For more information on benefits, please visit https://resourcecenter.forvismazars.us/. Forvis Mazars reserves the right to make changes to the salary range based on business needs.
IL Minimum Salary (USD)
$ 145000
IL Maximum Salary (USD)
$ 225000
FORVIS, LLP is an equal opportunity/affirmative action employer. Employment selection and related decisions are made without regard to age, race, color, sex, sexual orientation, national origin, religion, genetic information, disability, protected veteran status, or other protected classifications.