Director, Restructuring & Special Situations

💰 $3,200 - $5,120 (Est.) 📍 Houston

Job Description

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)

$ 207,400

NY Maximum Salary (USD)

$ 430,800

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)

$ 172800

IL Maximum Salary (USD)

$ 394900

💡 Quick Summary

Seeking a career-building opportunity? The Director, Restructuring & Special Situations position is now open for candidates interested in the Insurance sector. This role in Houston offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Insurance is a plus.

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Frequently Asked Questions

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The expected salary for Director, Restructuring & Special Situations in Houston is $3,200 - $5,120 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Director, Restructuring & Special Situations is an on-site position based in Houston. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Director, Restructuring & Special Situations. Previous experience in Insurance is a plus. Freshers may also apply depending on the employer's requirements.
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