Ernst & Young's Transaction Advisory Services (TAS) practice offers companies professional transaction experience. We help clients determine the right deal to do, and then assist them in doing the deal right. Within TAS, Transaction Support services encompass the strategic development and execution of an appropriate transaction structure, including the execution of financial due diligence. Our team works to understand profit drivers and trends, challenge assumptions of future performance, and assist with purchase agreements and post-closing transaction matters. We currently have a career opportunity for a TAS Manager - Transaction Support - Mergers & Acquisitions. with a focus on servicing Financial Institutions. The successful candidate will have extensive experience in Financial Service Audit with a public accounting firm with a preference for experience in audit related to Commercial Banking, Capital Markets, Asset Management and Investment Banking.
Responsibilities
Manage the transaction support team in providing services that encompass the strategic development and execution of an appropriate transaction structure, including the execution of financial due diligence. Understand profit drivers and trends, challenge assumptions of future performance, and assist with purchase agreements and post-closing transaction matters. Participate in due diligence engagements related to acquisitions by private equity investor groups and strategic corporate buyers. Analyze financial/operational results of targets through reviewing accounting records and conducting interviews with management. Prepare/evaluate pro forma financial information.
Identify issues for purchase price reductions, deal structuring or deal termination. Identify post-acquisition action steps to achieve anticipated earnings/cash flow improvements. Evaluate effects of seasonality and cyclicality on cash flow requirements. Perform industry and company research. Correlate due diligence findings with client valuations. Manage expectations of service.
Review the work of Staff and Senior employees. Conduct timely performance reviews for Staff and Senior level employees and help to develop and guide staff and other junior transaction support professionals by providing effective performance feedback/training and ensuring team responsibilities are consistent with skills and developmental goals. Lead by example.
Generate new business opportunities. Identify business development opportunities and assist Partners and Senior Managers on proposals and new business opportunities by drafting responses, participating in the proposal process, building client relationships, demonstrating knowledge of client business and communicating directly with target company.
CPA Required
Must have 3 years of relevant external audit experience in a public accounting firm servicing financial services institutions
Bachelor's degree in accounting, business, or finance ,
5-8 years of related work experience
Graduate degree and 3 years of related work experience would be acceptable
CPA certification or foreign equivalents or successfully passed all (4) sections of the Uniform CPA exam
Travel 50%