Brief Description

GlassRatner is a leading provider of specialty professional and advisory services, including forensic accounting and litigation support, restructuring and insolvency advisory, transaction support services, retained executive search, and compliance, risk, and resilience consulting.

GlassRatner Advisory Canada Inc. is seeking an Associate to join its Restructuring & Insolvency Advisory practice in Toronto. Our team advises companies, secured lenders, and other stakeholders in complex restructuring, insolvency, and distressed situations. The practice provides receiver, monitor, and trustee mandates, court-supervised sale and investment solicitation processes, and lender-side advisory services across CCAA, BIA, and CJA frameworks, including matters with cross-border Canada–U.S. dimensions.

This is an opportunity to work directly with senior practitioners and gain meaningful client and court-related exposure while contributing to active, high-profile mandates.

Responsibilities

- Support receiver, monitor, and proposal trustee mandates, including financial and operational analysis of insolvent or financially distressed companies.
- Prepare cash flow forecasts, financial models, variance analyses, and liquidity assessments for debtor companies and secured lenders.
- Review financial and operational information to identify trends, key performance drivers, liquidity requirements, and restructuring considerations.
- Assist with court-supervised Sale and Investment Solicitation Processes (SISPs), including bid analysis, normalization, and transaction due diligence.
- Draft components of Monitor’s Reports, receiver’s reports, court materials, advisory memoranda, and other client deliverables.
- Conduct financial analysis and due diligence in support of lender workouts, secured creditor advisory engagements, debt restructurings,



and turnaround situations.
- Liaise with legal counsel, lenders, management teams, and other stakeholders on active engagements.
- Conduct company and industry research and assist with presentations, pitch materials, and business development initiatives.
- Manage and prioritize multiple engagements and special projects in a fast-paced environment.

Requirements

- Bachelor’s degree in accounting, finance, business, economics, or a related discipline.
- Approximately 2–5 years of relevant experience in restructuring, insolvency, corporate finance, audit, or financial advisory.
- Experience with CCAA and/or BIA proceedings, including monitor, receivership, proposal trustee, or lender advisory work.
- Strong financial modelling and analytical skills, including cash flow forecasting, liquidity analysis, and scenario modelling.
- Strong written and verbal communication skills with the ability to prepare clear, professional client and court-related materials.
- Advanced proficiency in Microsoft Excel, PowerPoint, and Word.
- Ability to manage multiple priorities and work effectively in a collaborative, deadline-driven environment.
- Based in Toronto or willing to relocate to the Greater Toronto Area.

Preferred Qualifications

- Experience within a Big Four, national, or established restructuring/advisory firm.
- Experience supporting sale processes, bid evaluations, transaction due diligence, or distressed M&A.;




- Canadian CPA designation or actively pursuing the designation
- CIRP designation or active pursuit of the designation is considered an asset but is not required.
- Familiarity with Canadian financial reporting standards and financial research platforms such as Capital IQ or Bloomberg.
- Strong problem-solving skills with the ability to analyze complex or incomplete financial information and identify practical solutions.
- Willingness to travel as required.

What We Offer

- Direct client and court-related exposure early in your career.
- Mentorship from senior restructuring and insolvency professionals.
- Involvement in complex mandates spanning receiverships, CCAA proceedings, lender advisory, sale processes, and cross-border matters.

Employees at GlassRatner Advisory Canada receive competitive compensation and a comprehensive benefits package. This package includes participation in applicable retirement savings programs, paid vacation, statutory holidays, personal and sick leave in accordance with company policies and provincial employment standards, as well as optional medical and dental advantages. The firm also provides company-paid life insurance and disability coverage. We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible workplace. Employment decisions are made without regard to race, ancestry, place of origin, colour, ethnic origin, citizenship, creed (religion), sex, sexual orientation, gender identity, gender expression, age, marital status, family status, disability, record of offences, or any other characteristic protected under applicable Ontario and Canadian human rights legislation. Accommodations are available upon request throughout the recruitment and employment lifecycle.

📌 Associate, Restructuring & Turnaround (Toronto)
🏢 GlassRatner
📍 Toronto