Turnaround / Chief Restructuring Office

VDS Consulting GroupDallas, TX

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Overview

Career level

Executive

Remote

On-site

Job Description

Contract | 6–12 months | Day rate + expenses | Travel M–F, CONUS

The mandate

A distressed manufacturing asset needs someone with authority to make hard decisions quickly. You are placed to manage liquidity, stabilize the business, and execute the restructuring — whether that means exiting product lines, renegotiating debt, closing sites, or preparing an asset for sale.

This is not a coaching role. You will make decisions that affect people's jobs, and you will make them on a compressed timeline with incomplete information.

What you'll own

Immediate liquidity management and cash conservation
13-week cash flow as the primary operating instrument
Lender, creditor, and stakeholder negotiation and communication
Product line and customer profitability analysis, and the divestiture or exit decisions that follow
Cost structure reduction, including headcount and footprint actions
Debt restructuring, forbearance, and amendment negotiation
Contingency planning, including 363 sale or Chapter 11 preparation where applicable
Board, sponsor, and lender reporting under high scrutiny

What you bring

15+ years of senior operating or financial leadership, with direct turnaround or restructuring accountability
Multiple completed distressed engagements — this role is not a first turnaround
Deep liquidity management capability under genuine constraint
Lender negotiation experience across forbearance, amendment, and refinancing
Manufacturing operations literacy — you can evaluate whether a plant should stay open
The judgment and steadiness to hold a room that is losing confidence

Strong plus: CTP, CIRA, or equivalent credential; Chapter 11 experience; carve-out or asset sale execution; industrial and manufacturing sector concentration.

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FAQs About Turnaround / Chief Restructuring Office Jobs at VDS Consulting Group

What is the work location for this position at VDS Consulting Group?

This job at VDS Consulting Group is located in Dallas, TX, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at VDS Consulting Group?

Employer has not shared pay details for this role.

What employment applies to this position at VDS Consulting Group?

The employer has not provided this information. This may be discussed during the hiring process.

What experience level is required for this role at VDS Consulting Group?

VDS Consulting Group is looking for a candidate with "Executive" experience level.

What is the process to apply for this position at VDS Consulting Group?

You can apply for this role at VDS Consulting Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.