
EY-Parthenon - Strategy and Execution - Restructuring - Senior Associate
Required skills
- financial analyses
- 13-week cash flow models
- liquidity positions
- cash flow needs
- financial viability
- financial strategies
- operational strategies
- liquidity
- credit availability
- shareholder return
Nice to have
- auditing
- corporate restructuring
- client facing experience
- professional services
- AI tools
- Microsoft Copilot
Role summary
EY-Parthenon is seeking a Senior Associate/Consultant for its Strategy and Execution Restructuring practice. This role involves helping clients navigate financial and operational challenges, including distressed asset transactions, business restructuring, and cash flow management. Responsibilities include preparing financial reviews, supporting legal proceedings, and advising on risk management. The ideal candidate will have a bachelor's degree and 2 years of related experience (or a graduate degree and 18 months of experience), strong financial modeling skills, and experience with 13-week cash flow models. The role requires project management, business development, and client relationship skills, with a hybrid work model requiring at least 60% in-person time. Preferred qualifications include auditing, corporate restructuring, and client-facing experience in professional services, as well as knowledge of AI tools like Microsoft Copilot. The salary range is $130,000 to $205,000 annually.
Location: New York, Hoboken, Atlanta, Los Angeles, Boston, McLean, Charlotte, San Francisco, Chicago
At EY, we’re all in to shape your future with confidence.
We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
EY-Parthenon’s unique combination of transformative strategy, transactions and corporate finance delivers real-world value – solutions that work in practice, not just on paper. Benefiting from EY’s full spectrum of services, we’ve reimagined strategic consulting to work in a world of increasing complexity.
With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, Boards, Private Equity and Governments every step of the way – enabling you to shape your future with confidence.
The opportunity
Our global network of Restructuring professionals helps clients develop financial and operational strategies to improve liquidity, credit availability and shareholder return. Our Restructuring team is fully integrated both within our wider EY-Parthenon practice and our firm as a whole, and our clients reap the benefits of this broad range of knowledge, skills and experience. We work on the basis of creating long-term relationships with our clients and our teams work closely with them to understand their short and long-term goals - being there at every stage to identify problems and recommend and implement solutions that deliver measurable results.
Your key responsibilities
As a Senior Associate/Consultant with EY-Parthenon's Strategy and Execution Restructuring practice, you will help clients evaluate capital options, capture greater transaction value and achieve strategic objectives - whether they are buying or selling a distressed asset, restructuring a business, dealing with underperformance, or looking to improve cash management. You'll work to prepare comprehensive financial reviews of company's operations, attend legal proceedings, engage in judicial management, support liquidation processes as well as advise clients on corporate risk management issues.
Skills and attributes for success
- Project Management - lead project teams comprising colleagues from across the EY-Parthenon sub service lines.
- Business and Commercially Driven - working in a fast-paced, exciting environment with strong business acumen to drive value to our clients.
- Business Development - drive client pursuits, including presentations and client meetings. Contribute to our practice development initiatives, supporting the continued focus on our team as a great place to work.
- Learning – learn and develop technical and personal skills to support achievement of career goals, through a blend of structured learning, coaching and experiences.
- Building Relationships - strong working relationships with senior clients, including influence, advice and support to key decision makers.
To qualify for the role, you must have
- A bachelor's degree and 2 years of related work experience; or a graduate degree and approximately 18 months of related work experience.
- Experience identifying data to prepare detailed complex financial analyses, including 13-week cash flow models, to understand the client’s liquidity positions, cash flow needs and financial viability.
- Experience in developing financial and operational strategies to affect a financial and/or operational turnaround to improve liquidity, credit availability and shareholder return.
- Strong financial modeling skills including the ability to create robust and flexible financial models based on client’s financial and operational information to drive key decisions and strategies.
- Able to work under high pressure and adapt to a dynamic working environment.
- Excellent problem solving, facilitation and interpersonal skills.
- Excellent command of spoken and written English language.
- The expectation for this role is in person teaming, at client site or in an EY office, a minimum of 60% of the time or on average 3 days a week over the course of an engagement, project or performance year.
- The ability and willingness to travel and work in excess of standard hours when necessary.
Ideally, you'll also have
- Auditing/ corporate restructuring experience.
- Client facing experience from a professional services background.
- Knowledge of how to leverage AI tools in a business setting, including Microsoft Copilot.
What we look for
We're interested in talented professionals with the ability to visualize our clients' goals and think creatively to facilitate them - often in politically charged environments. If you have an entrepreneurial spirit, and a genuine passion for taking on new challenges, this role is for you.
What we offer you
At EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers.
- We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $130,000 to $205,000. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
- Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Are you ready to shape your future with confidence? Apply today.
- To make the most of your application experience, please limit yourself to two applications within a six-month period.
- EY accepts applications for this position on an on-going basis.
- For those living in California, please click here for additional information.
- At EY, our values set the foundation for how we work and the behaviors we expect of our people. Any misrepresentation or falsification of information or lack of integrity at any point in the recruiting process may result in withdrawal of your candidacy, revocation of an offer or immediate termination of employment.
EY | Building a better working world
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com.
Sample EY interview questions
- 1
How to design a system given certain use cases?
system designaverage - 2
How to integrate AI agents into this current system?
system designaverage - 3
Describe the HR and organization development process.
technicalaverage - 4
What is your technical understanding of Excel?
technicalvery_easy - 5
What does 'self-assessment' mean?
technicalaverage
Get started to unlock a personalized interview prep pack for this role.
Similar roles
EY Parthenon - Deals - Transaction Analytics - Senior Manager - Multiple Positions - 1745024EY · Boston, MA · Hybrid
EY Parthenon - Deals - Transaction Analytics - Manager - Multiple Positions - 1744849EY · New York, NY · Hybrid
EY Parthenon - Deals - Financial Services - Manager - Multiple Positions - 1757751EY · New York, NY · Hybrid
