Associate (Financial Restructuring)

J.S. Held LLC•Philadelphia, PA

12h•$75,000 - $100,000•Onsite

About The Position

J.S. Held is seeking an Associate to support financial restructuring and advisory projects across a wide range of industries, with a primary focus on distressed real estate. The role includes financial analysis, project management, client engagement, and strategic initiatives. Approximately 40% of the position involves hands-on, on-site property management and operational oversight. The posting describes the role as based in the Philadelphia, Pennsylvania area with a hybrid schedule, while also identifying Chicago, Illinois in the opening description and listing the job location type as in office. The Associate will work with clients facing distress that may call for restructuring, workouts, turnarounds, or wind-down strategies. The position requires detailed financial modeling and analysis, preparation of assessments and court reporting, industry research, and collaboration with project teams and senior client personnel. The successful candidate will be adaptable, proactive, organized, and able to deliver high-quality work in urgent, time-pressured situations. The role requires 1–3 years of relevant experience. A degree in Business, Economics, Finance, or Accounting is preferred, and a master's degree and credentials such as CPA, CFA, CTP, or CIRA are pluses. The position may require travel up to 40%, and flexibility to work outside 8:30 a.m.–5:30 p.m. business hours when needed.

Requirements

1–3 years of experience in Audit, Big 4 Accounting, Banking, Consulting, Finance, or a related field.
Deep understanding of financial modeling, Microsoft Excel, PowerPoint, and Word.
Strong interpersonal skills and the ability to communicate effectively at all levels.
Ability to work independently and collaboratively as part of a team.
Highly organized and adaptable, able to shift focus while maintaining deadlines and priorities.
Willingness and flexibility to travel as required by client needs; travel may be up to 40%.
Motivated self-starter with energy, enthusiasm, initiative, and a proactive approach.
Ability to multitask in time-pressured and urgent situations.
Excellent financial, analytical, and interpersonal skills.
Strong project management skills and demonstrated ability to support project teams.
Ability to sit for long periods.
Flexibility to work outside 8:30 a.m.–5:30 p.m. business hours when needed.

Nice To Haves

A degree in Business, Economics, Finance, or Accounting is preferred.
A master's degree is a plus.
CPA, CFA, CTP, or CIRA credentials are a plus.

Responsibilities

Support the reporting manager with project management and financial analysis across projects and industries, including real estate and operating companies.
Execute and review detailed financial models, build and analyze cash flow forecasts, and review financial statements.
Assist with preparing assessments and court reporting.
Conduct industry research and contribute to client engagements through due diligence.
Collaborate with project teams and interact with senior-level client personnel.
Manage on-site property operations and support operational efficiency.
Meet project timelines and deliverables.
Contribute to developing and enhancing internal processes and procedures.
Use proactive problem-solving and decision-making in a fast-paced environment.
Maintain high ethical standards and credibility in all interactions.
Develop and write high-quality work product independently with limited oversight.