'Transaction Advisory Services Senior Manager - Restructuring- Detroit' - Ernst & Young (Detroit, Michigan)

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'Transaction Advisory Services Senior Manager - Restructuring- Detroit' - Ernst & Young (Detroit, Michigan)

'Transaction Advisory Services Senior Manager - Restructuring- Detroit' - (Detroit, Michigan)
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Job Title
'Transaction Advisory Services Senior Manager - Restructuring- Detroit'
Job Details
City: Detroit
State: Michigan
Country: USA
Company Name: Ernst & Young
Job Category: Accounting/Finance
Job Description
Ernst & Young's Transaction Advisory Services (TAS) practice offers companies an array of professional services around the transactions. Our Restructuring Advisory Services team is fully integrated both within our wider Transaction Advisory Services practice and our firm as a whole - over 100,000 people in more than 140 countries worldwide - and our clients reap the benefits of this broad range of knowledge, skills and experience. All our restructuring professionals augment their technical knowledge with in-depth industry experience, so they understand the specific competitive environments in which our clients operate. We work on the basis of creating long-term relationships with our clients and our teams work closely with them to understand their short and long-term goals - being there at every stage to identify problems and recommend and implement solutions that deliver measurable results.

 

Our continued success has propelled rapid growth in our Restructuring Advisory Services team. We have ambitious plans and we are seeking high performing experienced professionals. We currently have a career opportunity for a Senior Manager.

 

Responsibilities

Advising distressed companies and debtors with:


  • Turnaround Planning

  • Viability diligence, cash flow analysis and advise of cash forecasting

  • Advise on restructuring alternatives, including review of debt services

  • Support negotiation with lenders


Creditor Advisory Services:


  • Advisor to stakeholders, secured creditors, occasionally investors, assessment of viability, cash flow review, security review

  • Evaluation of corporate strategy

  • Advise stakeholders on negotiations between stakeholders and subject organization


Candidate would also be expected to:


  • Lead assignment planning on behalf of the engagement Partner to include defining the scope of work, clearing conflicts, budgeting issues and dealing with staff planning

  • Deliver detailed financial and commercial analysis, identify key issues and potential areas of sensitivity and following these up with management or stakeholders as appropriate

  • Drafting presentations to stakeholders and assisting with delivery

  • Proactively share technical knowledge with team, play a key role in team training

  • Lead business development activities to sell work through development of internal and external client relationship networks

  • Deliver a high degree of client satisfaction with the engagement process and work products sufficient to drive additional and repeated engagements

  • Successfully supervise, coach, and mentor all levels of staff

To qualify, candidates must have:


  • a bachelor's degree and approximately 8 years of related work experience; or a master's degree and approximately 7 years of related restructuring work experience

  • aptitude for quantitative and qualitative analysis

  • excellent problem solving, project management, facilitation and interpersonal skills

  • strong written and verbal communication skills

  • a dedication to teamwork


Successful candidates are likely to have been in a Senior Manager position within corporate restructuring with 7-10 years of experience, with a track record of strong performance in restructuring/advisory work either on behalf of creditors or distressed companies.