Advise distressed companies, lenders, and creditor committees navigating bankruptcy or out-of-court restructuring proceedings
Audit and analyze financial statements; assess the viability of individual business units under various restructuring scenarios
Build and maintain cash flow forecasts, liquidity models, and 13-week cash models during active crisis situations
Support Fresh-Start accounting (ASC 852) implementation - from planning and systems readiness through validation
Negotiate with lenders, secured creditors, and other stakeholders to restructure debt and resolve claims
Conduct technical accounting research and produce clear, accurate client-ready deliverables
Engage directly with senior client management and external advisors in meetings, working sessions, and court proceedings
Manage components of multiple concurrent engagements; train and support junior team members as applicable
Expand professional expertise through formal training, mentorship, and daily client interaction
ESSENTIAL SKILLS
Financial Modeling & Analysis
Expertise building cash flow forecasts, liquidity models, and distressed-company analyses using Excel and/or SQL. Ability to surface insights that drive restructuring decisions.
Negotiation & Stakeholder Management
Skilled at engaging lenders, creditors, and legal counsel during complex negotiations. Able to represent clients effectively in high-stakes, time-sensitive restructuring environments.
Bankruptcy & Regulatory Knowledge
Familiarity with U.S. bankruptcy codes, Fresh-Start accounting (ASC 852), Plan of Reorganization processes, and the operational demands of pre- and post-emergence entities.
Requirements
REQUIRED
Bachelor's degree in Accounting, Finance, or a related field
Minimum 1-2 years of experience in financial audit, accounting advisory, or financial reporting
CPA / CA certification, or meaningful progress toward completion
Proficiency in Microsoft Excel, Word, and PowerPoint
Must be legally authorized to work in the United States without employer sponsorship
Ability to travel up to 10%, depending on client and engagement requirements
PREFERRED
Experience with Fresh-Start accounting (ASC 852) or purchase accounting (ASC 805)
Working knowledge of the U.S. bankruptcy process and restructuring lifecycle
Advanced financial modeling skills; experience with SQL or data analytics tools a plus
Experience advising distressed companies, lenders, or creditors' committees
Strong problem-solving instincts; track record of navigating complex, ambiguous situations
Why Stout?
At Stout, we offer a comprehensive Total Rewards program with competitive compensation, benefits, and wellness options tailored to support employees at every stage of life.
We foster a culture of inclusion and respect, embracing diverse perspectives and experiences to drive innovation and success. Our leadership is committed to inclusion and belonging across the organization and in the communities we serve.
We invest in professional growth through ongoing training, mentorship, employee resource groups, and clear performance feedback, ensuring our employees are supported in achieving their career goals.
Stout provides flexible work schedules and a discretionary time off policy to promote work-life balance and help employees lead fulfilling lives.
Learn more about our benefits and commitment to your success.
https://www.stout.com/en/careers/benefits
The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.
Benefits
Flexible schedule
Additional Information
At Stout, we're dedicated to exceeding expectations in all we do - we call it Relentless Excellence ® . Both our client service and culture are second to none, stemming from our firmwide embrace of our core values: Positive and Team-Oriented, Accountable, Committed, Relationship-Focused, Super-Responsive, and being Great communicators. Sound like a place you can grow and succeed? Read on to learn more about an exciting opportunity to join our team.
Stout's Corporate Restructuring & Insolvency team is hiring an Analyst, Corporate Recovery Services to advise distressed companies, lenders, and creditors through some of the most complex financial situations a business can face. Our professionals are embedded with clients during bankruptcy proceedings, debt restructurings, and turnaround situations - bringing deep technical accounting expertise and operational credibility to drive meaningful outcomes.
Stout · Chicago, IL