Performance Improvement & Restructuring – Bankruptcy Advisory Services

Deloitte’s USI Performance Improvement & Restructuring (PI&R) team seeks highly motivated individuals with strong analytical skills to help clients achieve profitable growth, strategically manage costs, and navigate financial risks. We are hiring Consultants specializing in Bankruptcy Advisory Services.

What We Do?

Performance Improvement & Restructuring (PI&R) team delivers large, complex engagements that identify, design, and implement innovative solutions to support performance improvement, margin transformation, and restructuring programs. These programs typically accompany structural changes in a client's business and operating model.

Within Bankruptcy Advisory Services, we provide guidance to companies undergoing restructuring or financial distress by analyzing assets and debt structures, facilitating asset sales, developing cash flow forecasts and restructuring options, and creating comprehensive reorganization plans to ensure business continuity. Additionally, we support clients throughout the bankruptcy and emergence process by assisting with court filings, management training, claims administration, creditor matrix preparation, contract review, docket monitoring, accounting and cash management protocols, tax reporting, and other related requirements.

Role Responsibilities

As a Consultant, you will be responsible for owning and delivering workstreams, managing client interactions independently, and leveraging your experience to build your network.

Day – to – day responsibilities include

·       Analyze company financial statements to assess liquidity, cash flow, and viability.

·       Build and update financial models to forecast cash flows, recovery scenarios, and restructuring outcomes.

·       Prepare presentations and reports for management, creditors, and other stakeholders.

·       Assist in the preparation of court-required filings and schedules (Statements of Financial Affairs, Schedules of Assets & Liabilities, First Day Motions, Monthly Operating Reporting, etc.)

·       Conduct industry and market research to benchmark performance and identify restructuring options.

·       Track deliverables, deadlines, and project milestones.

Key Capabilities for Practitioners in Bankruptcy Advisory Services

·       Experience in corporate finance, valuation & modeling

·       Understanding of cash flow forecasting, 13-week cash flow models, and liquidity management.

·       Awareness of US bankruptcy code (primarily Chapter 11 and Chapter 7), key terms and court processes.

·       Familiarity with court-mandated reporting and bankruptcy stages.

·       Experience in developing financial models to evaluate restructuring options and creditor recoveries.

·       Ability to identify causes of financial distress and potential turnaround levers.

·       Ability to interpret financial statements, cost structures, and operational data with experience in basic statistics, and financial calculations.

·       Tools –

o    Modeling, advanced formulas, pivot tables, and data visualization in Excel

o    Creating clear, executive-level presentations in PowerPoint

o    Basic familiarity with Tableau, Power BI or similar data management tools

·       Ability to prioritize & manage multiple workstreams and deadlines while ensuring accuracy in analysis and deliverables.

·       Experience in change management, project documentation (charters, and decision logs) & ensuring compliance.

·       Excellent communication & interpersonal skills.

Required Qualifications

Preferred Qualifications

·            Consulting Background

·            Performance Improvement & Restructuring Advisory Experience / Turnaround / Transformation project experience