At a Glance
- Tasks: Lead corporate restructuring projects and develop turnaround strategies for distressed businesses.
- Company: Richter, a family office and business advisory firm with nearly 100 years of experience.
- Benefits: Competitive salary, health benefits, hybrid work, and professional development opportunities.
- Other info: Join a supportive culture that values work-life balance and offers career growth.
- Why this job: Make a real impact by helping businesses navigate financial challenges and emerge stronger.
- Qualifications: Degree in finance/accounting, CPA/MBA, and 8+ years of relevant experience.
The predicted salary is between 121500 - 148500 $ per year.
Richter is a Family Office | Business Advisory firm that provides strategic advice on business matters and on the financial and personal objectives of families across generations. With nearly 100 years of experience advising at the intersection of family and business, Richter supports entrepreneurs, private clients, business owners, and some of Canada’s most successful families as they shape lasting legacies.
What We Offer:
- The opportunity to become a strategic business partner to our clients by building direct relationships with entrepreneurs, their families and businesses and providing meaningful advisory services.
- Career development with direct support from your managers and the firm’s partners.
- A culture that values work-life balance, mental health, and well-being, offering a hybrid work environment with flexible hours and resources to support you in your personal journey.
- Investment in your ongoing learning and professional development through a variety of learning opportunities and tuition reimbursement.
Position Overview:
Richter is looking to hire a professional at the VP level to join the restructuring practice in Toronto. Our diverse engagements involve the diagnosis of a company’s financial position leading to business turnaround situations, restructuring and/or the sale of all or part of a business. Our primary clients are companies that are facing economic uncertainty due to a variety of issues such as underperformance of the business, an imminent liquidity crisis and/or an inability to raise new capital. When organizations are faced with such business challenges, Richter’s restructuring professionals work with the company’s directors, senior executives, senior lenders and external advisors to manage the crisis and provide hands‑on expertise to assist these businesses to emerge financially stronger and effect a successful outcome.
Responsibilities:
- Work in a collaborative team assisting with various tasks including:
- Work on both informal and formal corporate restructuring and insolvency engagements.
- Lead clients through fast‑tracked distressed M&A activities.
- Deal with various key stakeholders throughout the crisis period including debtors and creditors.
- Develop and implement corporate turnaround strategies.
- Assess companies’ financial position and forecasts.
- Prepare financial models and cash flow analysis.
- Perform financial due diligence and ad hoc financial analyses.
- Investigate financial anomalies and/or trends.
- Prepare business reports and presentations of our recommendations to major financial institutions, legal counsel, equity sponsors, and other stakeholders.
- Contribute to developing marketing presentation and proposal materials.
- Utilize technical and insolvency knowledge and work with legal counsel on legal and insolvency related issues.
- Manage and develop junior staff members.
Requirements:
- Undergraduate or graduate degree with a focus on finance and accounting.
- CPA and/or MBA completed.
- Currently holds or is a candidate to become a Chartered Insolvency and Restructuring Professional (CIRP).
- Minimum 8 + years of previous experience with a Canadian professional services firm or chartered bank; experience within a financial advisory and/or deals environment is considered an asset.
- Specific restructuring, operational turnaround and/or insolvency experience is highly desirable.
- Superior financial analysis skills with a result‑oriented approach.
- Ability to critically review financial statements and many other types of documents to rapidly recognize characteristic patterns.
- Experience in the preparation and analysis of cash flows, financial projections, and viability assessments.
- Ability to identify key issues during an engagement and make recommendations.
- Creative thinker, ability to think “outside the box” and be innovative.
- Excellent communication skills and report writing abilities.
- Ability to manage multiple priorities and work well under pressure.
- Flexible, true team player attitude.
- Ability to travel within Canada, or occasionally to the U.S./internationally.
What’s in it for you?
- Competitive benefits, including group insurance, a health spending account, savings plans, and employer contribution matching.
- Employee and family access to a virtual healthcare network.
- Employee and family assistance programs, including consultations with mental health professionals.
- Annual health and wellness program.
- Hybrid work environment.
- Competitive performance bonus.
- Academic incentives.
- Talent referral bonus.
- Client referral bonus.
- Access to on‑demand concierge, childcare, eldercare, and tutoring services.
- Annual employee rewards and recognition.
Your application:
We are excited to meet motivated professionals who are looking for career growth in a mid‑sized family‑minded firm and have a strong background in building and fostering relationships.
Vice-President, Canadian Restructuring in Toronto employer: RMT - Richter Management Toronto Ltd
Richter is an exceptional employer that fosters a supportive and flexible work culture, making it an ideal place for professionals seeking to make a meaningful impact in the field of corporate restructuring. Located in the vibrant city of Toronto, employees benefit from abundant career advancement opportunities and the chance to collaborate with diverse stakeholders, enhancing their professional growth while navigating complex financial challenges. Join Richter to be part of a team that values innovation and lasting partnerships, ensuring your contributions lead to significant client success stories.
Contact Details:
RMT - Richter Management Toronto Ltd Recruitment Team