Turnaround & Restructuring Summer Analyst

Turnaround & Restructuring – Summer Analyst for June 2027

At AlixPartners, we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honoring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.

AlixPartners has embraced a hybrid work model to provide flexibility and support our employees’ work-life integration. Our hybrid model combines a mix of in-person (at client site or AlixPartners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.

What You’ll Do

AlixPartners, a leading global consulting firm, is seeking Summer Analysts to support our Turnaround and Restructuring practice in Restructuring Advisory and Bankruptcy Case Management . Our Turnaround and Restructuring practice is widely recognized by corporations, executives, and creditors as a leader in preserving value in high-stakes situations, helping organizations navigate their most complex and urgent financial and operational challenges.

We have advised on many of the most significant restructurings and bankruptcies over the past several decades, including engagements such as Enron, General Motors, the Commonwealth of Puerto Rico, Bed Bath & Beyond, Party City, J.Crew, FTX, and Pacific Gas and Electric.

In this role, you will:

• Support the team in structuring and executing analyses related to complex financial, operational, and restructuring challenges
• Assist in building and maintaining financial models and analyzing company performance under various scenarios
• Contribute to the preparation of client-ready presentations, reports, and supporting materials using Excel and PowerPoint
• Perform quantitative and qualitative analysis to help identify value preservation and improvement opportunities
• Conduct research using external data sources and industry tools to support client engagements and market insights
• Help translate analysis into clear findings that support recommendations and decision-making
• Collaborate with team members across engagements and contribute to broader practice initiatives, including research and internal projects

On your application, you may select one option (Restructuring Advisory, Bankruptcy Case Management, or Undecided) that best aligns with your interests. This selection does not impact your candidacy.

• Restructuring Advisory

This track focuses on advising clients through urgent financial and operational challenges during periods of distress. Interns support teams working to stabilize liquidity, evaluate strategic options, and help guide companies through complex restructuring situations.

• Key responsibilities may include:

• Supporting liquidity management and cash flow forecasting
• Assisting with business plan development and analysis
• Evaluating liability management and capital structure alternatives
• Conducting analyses of strategic restructuring options
• Supporting stakeholder engagement and communications
• Contributing to technical financial analysis aimed at stabilizing distressed businesses

In this role, you will help teams translate complex financial data into actionable insights that support critical decision-making during high-pressure situations.

• Bankruptcy Case Management

This track focuses on the operational execution and administration of active bankruptcy cases. Interns gain hands-on experience with the mechanics that keep large, court-supervised processes running smoothly.

• Key responsibilities may include:

• Supporting preparation of first-day motions and court filings
• Assisting with claims analysis, validation, and reconciliation
• Preparing monthly operating reports and other required filings
• Managing and organizing large datasets related to case activity
• Tracking cash flows and supporting financial reporting
• Assisting with stakeholder communications and case coordination

This role provides direct exposure to the day-to-day execution of bankruptcy proceedings, where accuracy, organization, and attention to detail are critical in ensuring proper handling of large-scale financial claims and court requirements.

• Undecided: Still exploring our practices? You may select “Undecided.”

These descriptions are not designed to encompass a comprehensive listing of required activities, duties or responsibilities.

This role is based in the New York office, with a hybrid work model. Paid relocation is not available.

Preferred Qualifications

• Strong academic performance (e.g., cumulative GPA of 3.7 or higher preferred)
• Experience using AI‑enabled tools to enhance analysis, insight generation, and execution, with an understanding of when human judgment, validation, and discretion are essential
• Experience using advanced Microsoft Excel capabilities (e.g., pivot tables, formulas, financial modeling and data analysis)
• Experience building Discounted Cash Flows (DCF), Leveraged Buyout (LBO) models, 13-Week Cash Flow forecasts, and Three-Statement Models to project forward looking financial performance
• Recent internship or experience in finance, accounting, investment banking or consulting roles
• Demonstrated sustained commitment and accountability in team settings (e.g., leadership roles, employment during school, athletics, research, or community commitments), indicating reliability, teamwork, and deadline management.
• Experience working in team-based, collaborative or client-facing environments
• Demonstrated ability to interact professionally with clients and senior stakeholders
• Demonstrated ability to manage tasks and meet deadlines in academic or professional settings
• Demonstrated experience applying analytical problem solving t