BDO USA
Senior Associate, Management Consulting - Turnaround & Restructuring
BDO USA, New York, New York, us, 10261
Job Summary
The TRS Senior Associate is responsible for executing, leading and training a team of TRS Staff in business restructuring and bankruptcy related engagements, including bankruptcy litigation and financial due diligence, and addressing complex questions and issues under the direction of a TRS Principal, Director or Senior Manager.
Job Duties
Partners with the Principals and decision-makers
Collaborates with debtor clients in restructuring the client’s businesses in and out of Chapter 11
Prepares and analyzes complex, detailed cash flow forecasts and financial models together with assumptions and detailed supporting schedules.
Assists with refinancing efforts and sale transactions
Assists clients with downsizing operations, and meeting operational and financial goals
Works with buyers such as hedge funds, equity sponsors and companies in acquisition due diligence
Assists creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
Evaluates management to determine ability to operate and reorganize
Ensures compliance with all court filing requirements
Investigates transactions with insiders, financial institutions and other creditors to determine causes of action
Reviews financial statements and recommends changes
Functions as a business advisor to clients
Creates interactive models and operational and financial analysis and prepares financial memorandums
Supports business development activities with appropriate financial research, including preparation of new business proposals
Works in crisis environments while delivering consistent high quality work in an accelerated fashion
Willingness to travel
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of TRS Associates and Interns on assigned engagements and reviews work product
Ensures TRS Associates and Interns are trained on all relevant software and resources
Delivers periodic performance feedback and completes performance evaluations for TRS Associates and Interns
Acts as mentor to TRS Associates and Interns, as appropriate
Qualifications, Knowledge, Skills and Abilities Education:
Bachelors degree in Accounting, Finance or other relevant field required
Experience:
Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery or restructuring services required.
Prior experience working within a national public accounting firm or consulting organization preferred
Strong financial analysis and complex modeling skills including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations and the due diligence processes
License/Certifications:
CPA certification preferred
CTP and/or CIRA designation beneficial
Software:
High proficiency in the use of Microsoft Office Suite
Other Knowledge, Skills & Abilities:
Excellent oral and written communication skills
Superior analytical and research skills
Ability to structure complex analyses, gather and analyze data and provide insights
Solid organizational skills especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Excellent research abilities including familiarity with Capital IQ as well as other research sources
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Capable of effective managing a team of professionals and delegating work assignments as needed
Capacity to build and maintain strong relationships with client personnel
Ability to successfully interact with professionals at all levels, inside and outside of BDO, including attorneys, financial advisors, clients and prospects
Superior interpersonal, communication, marketing, sales and organizational skills
Intermediate knowledge of bankruptcy and insolvency process
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
National Range: $80,000 - $105,000 Maryland Range: $80,000 - $105,000 NYC/Long Island/Westchester Range: $80,000 - $105,000
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Job Duties
Partners with the Principals and decision-makers
Collaborates with debtor clients in restructuring the client’s businesses in and out of Chapter 11
Prepares and analyzes complex, detailed cash flow forecasts and financial models together with assumptions and detailed supporting schedules.
Assists with refinancing efforts and sale transactions
Assists clients with downsizing operations, and meeting operational and financial goals
Works with buyers such as hedge funds, equity sponsors and companies in acquisition due diligence
Assists creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
Evaluates management to determine ability to operate and reorganize
Ensures compliance with all court filing requirements
Investigates transactions with insiders, financial institutions and other creditors to determine causes of action
Reviews financial statements and recommends changes
Functions as a business advisor to clients
Creates interactive models and operational and financial analysis and prepares financial memorandums
Supports business development activities with appropriate financial research, including preparation of new business proposals
Works in crisis environments while delivering consistent high quality work in an accelerated fashion
Willingness to travel
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of TRS Associates and Interns on assigned engagements and reviews work product
Ensures TRS Associates and Interns are trained on all relevant software and resources
Delivers periodic performance feedback and completes performance evaluations for TRS Associates and Interns
Acts as mentor to TRS Associates and Interns, as appropriate
Qualifications, Knowledge, Skills and Abilities Education:
Bachelors degree in Accounting, Finance or other relevant field required
Experience:
Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery or restructuring services required.
Prior experience working within a national public accounting firm or consulting organization preferred
Strong financial analysis and complex modeling skills including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations and the due diligence processes
License/Certifications:
CPA certification preferred
CTP and/or CIRA designation beneficial
Software:
High proficiency in the use of Microsoft Office Suite
Other Knowledge, Skills & Abilities:
Excellent oral and written communication skills
Superior analytical and research skills
Ability to structure complex analyses, gather and analyze data and provide insights
Solid organizational skills especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Excellent research abilities including familiarity with Capital IQ as well as other research sources
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Capable of effective managing a team of professionals and delegating work assignments as needed
Capacity to build and maintain strong relationships with client personnel
Ability to successfully interact with professionals at all levels, inside and outside of BDO, including attorneys, financial advisors, clients and prospects
Superior interpersonal, communication, marketing, sales and organizational skills
Intermediate knowledge of bankruptcy and insolvency process
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
National Range: $80,000 - $105,000 Maryland Range: $80,000 - $105,000 NYC/Long Island/Westchester Range: $80,000 - $105,000
#J-18808-Ljbffr