Senior Associate, Management Consulting - Turnaround & Restructuring

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.

Responsibilities

• 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

Compensation

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

Click here to find out more!