Advisory Associate - Turnaround & Restructuring - Summer 2025 (New York)

Job Summary:

BDO is a place for energetic self-starters who can think and act like entrepreneurs. As an Associate in our Business Restructuring Service practice, you will begin to utilize your educational background as well as your organizational skills as you serve the firm's dynamic client base. You will assist in problem solving and fact-finding, working side-by-side with more experienced team members who can provide you with direction, coaching and learning opportunities. This opportunity will allow you to gain a unique hands-on perspective on our firm's practices and people, as well as beginning to forge the critical relationships that will help maximize your chance for success in your career.

Job Duties:

• Assist in representing creditors (unsecured or secured lenders) or debtors in formal bankruptcy proceedings and various informal corporate restructuring, including assisting in:
  
  
  
  • Reviewing historical financial statements and other information to understand causes of the bankruptcy filing or financial difficulties
  • Identifying the key financial indicators/measures related to an organization or industry
  • Drafting reports and presentation materials to present financial information in a meaningful manner
  • Preparing and/or reviewing cash flow projections (short and long-term)
  • Reviewing actual weekly and monthly results compared with projections
  • Preparing and/or reviewing a Business Plan for the restructuring of the Company
  • Classifying claims and interests for a Reorganization Plan
  • Preparing various spreadsheets summarizing and highlighting various agreements and court filings, including Debtor-in 'Possession financings, management compensation agreements, and liquidation analyses
  • Preparing written proposal packages for new engagements, including analyzing industry, competitors, financial performance, and preparing computerized graphs and charts
  • Creating a library of reference materials from recent cases worked to provide a centralized depository for sample schedules and reports generated in previous cases
  
  
• Other duties as required

Supervisory Responsibilities:

• N/A

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelors degree in a Business (Accounting, Finance, Management, etc.) or Economics

Experience:

• Accounting based internship preferred
• Leadership experience preferred

License/Certifications:

• CPA preferred
• Actively pursing completion of CPA licensing required

Software:

• Familiarity with computers, including:
• conducting searches for information on companies via the Internet
• Excel (or similar spreadsheet software), including graphics for report preparation
• PowerPoint (for report preparation) and Word (or similar word processing software)

Language:

• N/A

Other Knowledge, Skills & Abilities:

• Ability to read and understand basic financial statements, with a good analytical thinking ability and strong writing report writing skills

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

California Range: $55,000 - $100,000
NYC/Long Island/Westchester Range: $55,000 - $100,000
Washington Range: $55,000 - $100,000