Managing Director, Turnaround & Restructuring Consulting

Getzler Henrich & Associates

Managing Director, Turnaround & Restructuring Consulting

Chicago, IL - Onsite

About

Hilco Global is the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies. We provide a comprehensive range of financial services that leverage a unique blend of deep restructuring and advisory experience in combination with capital solutions and principal investing through our merchant banking capabilities. Hilco Global’s unrivaled track record has been hard-earned by serving as a trusted advisor, agent, investor and/or principal in transactions of all sizes and scopes for many of the world’s largest, most innovative and best-known companies. In each engagement, we work side-by-side with clients to deliver the best possible outcome by aligning interests and providing strategic insight, advice, and – increasingly – access to the capital required to complete the deal. Operating as a privately held, diversified financial services holding company, Hilco Global, its more than twenty highly specialized business units and 800+ professionals are positioned across five continents.

Position Overview

We are seeking an exceptional Managing Director with over 20+ years of experience in operational and financial leadership across diverse industries, including manufacturing, distribution, and services. The ideal candidate will have demonstrated success in senior management roles, with a strong background in handling distressed businesses, including expertise in restructuring, turnarounds, bankruptcy proceedings, refinancing, operational improvements, and litigation support. The candidate should have C-level or ownership-level experience in the Middle Market, with a proven track record of navigating complex financial and operational challenges. You will play a critical leadership role in managing multi-disciplinary teams and guiding clients through distress situations, providing strategic solutions that enhance business performance and financial stability.

Key Responsibilities:

• Financial Analysis & Operational Strategy: Lead assignments requiring comprehensive financial analysis and operational assessments of distressed companies. Develop actionable strategies that address immediate challenges and set the course for sustainable recovery.

• Cash Flow Management: Supervise the preparation of 13-week cash flow projections and integrated financial statements. Ensure cash positions are optimized, providing clients with a clear view of liquidity and actionable financial insights.

• Client Reporting & Presentations: Lead the drafting, preparation, and delivery of highlevel client reports and presentations. Actively engage in client meetings and strategic discussions, presenting insights, progress updates, and recommendations.

• Interim management and CRO engagements: Assume interim management role, including Chief Restructuring Officer, and guide distressed companies through financial and operational restructuring processes, resulting in improved liquidity and operational efficiency.

• Stakeholder Engagement: Interface with key stakeholders such as clients, lenders, attorneys, M&A advisors, and investors, maintaining open communication and managing expectations across all levels. Serve as a trusted advisor to C-suite executives, financial sponsors, and other critical parties.

• Business Development & Client Acquisition: Take an active role in the business development process, including researching and preparing pitch materials, engaging in sales calls and client interviews, and preparing proposals and engagement letters. Participate in the overall practice development to expand the firm’s reach and grow its client base.

• Crisis Management & Leadership: Demonstrate leadership and decisiveness in high pressure situations. Take ownership of client engagements, effectively managing crises, navigating complex financial and operational issues, and providing strategic direction during uncertain times.

• Due Diligence & Business Planning: Oversee and conduct due diligence, assess business plans, and develop strategic alternatives to guide clients through financial crises and restructure their operations effectively.

• Team Leadership & Mentorship: Provide mentorship, coaching, and guidance to junior team members, fostering a culture of collaboration and professional development. Help build the next generation of leaders by nurturing talent and cultivating a strong team dynamic.

• Practice Management & Operational Excellence: Manage the firm’s practice development efforts, ensuring that both operational processes and client service models meet high standards. Leverage your leadership skills to drive firm growth, operational efficiency, and