EY Parthenon Consultant - Staff & Senior - Financial Restructuring & Optimization Team | ErnstYoung Job

Job Description

In today's environment of economic uncertainty, capital constraints, and increasing stakeholder complexity, organizations need advisors who can help them navigate critical decisions and deliver sustainable business outcomes.

Our Financial Restructuring & Optimization team works with management teams, boards, shareholders, lenders, and investors to address complex strategic, operational, and financial challenges. Drawing on deep expertise across business performance, liquidity management, capital structures, and stakeholder negotiations, we help organizations strengthen performance, enhance financial resilience, and position themselves for long-term success.

As part of our integrated Strategy & Transactions platform, we bring together capabilities across strategy, transactions, transformation, and restructuring to help clients navigate opportunities and challenges throughout the business lifecycle. From growth and investment decisions to business transformation, refinancing, turnaround, and restructuring situations, we work alongside clients from diagnosis through execution to deliver measurable results.

The Opportunity

As an Associate or Senior Associate, you will work directly with senior executives, investors, lenders, and other key stakeholders on high-impact business situations. You will contribute to engagements that require a combination of strategic thinking, operational insight, and financial analysis to help organizations improve performance, evaluate strategic alternatives, and execute complex transformation and restructuring initiatives.

This role offers exposure to board-level decision making, complex stakeholder environments, and some of the most challenging situations facing businesses today. You will develop a unique skill set at the intersection of strategy, operations, and finance, while helping clients solve critical business problems and create lasting value.

What You'll Do

• Support clients in addressing critical business situations, including performance improvement, liquidity management, capital optimization, restructuring, and enterprise transformation.
• Conduct rigorous financial, operational, and strategic analyses, including business diagnostics, cash flow and liquidity assessments, performance improvement reviews, and value creation opportunity identification.
• Work alongside C-suite executives, boards, shareholders, lenders, and investors to evaluate and implement turnaround, refinancing, restructuring, and capital solutions that enhance performance and strengthen financial resilience.
• Contribute to complex engagements spanning:
• Value Creation & Performance Improvement
• Operational Strategy & Transformation
• Turnaround & Business Recovery
• Financial & Operational Restructuring
• Special Situations & Distressed Scenarios
• Insolvency & Stakeholder-Led Solutions
• Support the development and execution of transformation initiatives, operating model redesigns, cost optimization programs, working capital improvements, and strategic growth initiatives.
• Develop high-impact client deliverables, including executive presentations, board materials, financial analyses, business plans, restructuring assessments, and stakeholder communications.
• Contribute to business development activities through market research, thought leadership, proposal development, and client engagement initiatives.

Associate

Experience & Qualifications

• Bachelor's degree in Finance, Business, Economics, Engineering, Accounting, or a related discipline from a leading university.
• 1-3 years of experience in one or more of the following:
• Management Consulting (Strategy, Operations, Transformation, Corporate Finance)
• Turnaround & Restructuring Advisory
• Transaction Advisory / Deal Advisory
• Investment Banking
• Corporate or Commercial Banking
• Family Office or Principal Investments
• Special Situations or Distressed Investing

Preferred Exposure

Experience in at least one of the following areas:

• Financial distress, liquidity management, or cash preservation initiatives
• Business performance improvement and operational transformation
• Debt financing, capital structure optimization, or financing strategy
• Corporate restructuring, business integration, carve-outs, or portfolio optimization
• Working capital improvement and cash flow enhancement programs

Senior Associate

Experience & Qualifications

• Bachelor's degree in Finance, Business, Economics, Engineering, Accounting, or a related discipline.
• 4-6 years of relevant experience in:
• Turnaround & Restructuring Advisory
• Performance Improvement & Transformation Consulting
• Investment Banking, Leveraged Finance, Debt Capital Markets, or Restructuring Finance
• Corporate Banking with restructuring or special situations exposure
• Private Equity, Private Credit, Family Office, or Principal Investments
• Transaction Advisory and Value Creation engagements

Demonstrated Experience

• Leading workstreams and managing complex stakeholder environments involving:
• Executive management teams and boards
• Lenders and creditor groups
• Shareholders, sponsors, and investors
• Legal, financial, and operational advisors
• Developing recommendations and presenting insights directly to senior decision-makers.
• Supporting or leading turnaround, transformation, refinancing, restructuring, or value creation initiatives.
• Mentoring junior team members while maintaining exceptional quality and client service standards.

What We're Looking For

• Strong analytical and problem-solving capabilities with a structured approach to solving complex business challenges.
• Solid understanding of corporate finance, capital structures, debt products, and financial statement analysis.
• Ability to connect strategic, operational, and financial insights into practical and value-accretive recommendations.
• Excellent communication, presentation, stakeholder management, and relationship-building skills.
• Ability to thrive in fast-paced and high-pressure environments.
• Entrepreneurial mindset, intellectual curiosity, and a strong desire to learn and grow.
• Prior debt advisory, refinancing, restructuring, or special situations experience is highly advantageous.

Preferred Industry Experience

We welcome candidates with experience in one or more of the following sectors:

• Manufacturing
• Pharmaceuticals & Healthcare
• Natural Resources (Oil & Gas, Mining & Metals)
• Transportation, Logistics & Infrastructure
• Energy & Utilities
• Consumer & Retail

Why Join Us?

You will work alongside experienced professionals advising clients through some of their most critical moments, from growth acceleration and operational transformation to financial restructuring and distressed situations. As a trusted partner to management teams, boards, investors, and lenders, you will help shape decisions that create lasting value and sustainable business outcomes.

If you are passionate about transformation, value creation, turnaround, restructuring, and helping organizations navigate complexity, we'd love to hear from you.