Senior Manager: Transaction Diligence

Job description

Our Transaction Advisory Services (TAS) team works with clients to manage their capital agenda to drive competitive advantage and increased returns. As part of a global team of 10,000 professionals in 100 countries you will advise clients on preserving, optimizing, raising or investing capital. Major groups (or, as we call them, sub-service lines and competencies) within TAS include Mergers and Acquisition Services, Project Finance, Restructuring Services, Operational Transaction Services, Transaction Support, Transaction Tax, and Valuation and Business Modelling. With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. The potential for error is high in an environment where speed is critical. Companies looking for local and global deals face strong competition for quality assets and stakeholder scrutiny regarding acquisitions. M&A success starts with comprehensive diligence, it’s the only way to understand if the deal is the right decision at the right price. As a Transaction Diligence Senior Manager, you’ll be right at the heart of the action. You’ll work with many of the world’s largest organizations, fastest-growing companies and private equity firms on some of the most complex deals. You’ll be advising our clients throughout the diligence lifecycle on key drivers to increase value and reduce the risks and uncertainty inherent in transactions. The opportunity You’ll be working in a team environment with financial due diligence professionals on a variety of projects across a range of sectors. Our team works to understand the client’s business profit drivers and trends, as well as challenge assumptions of future performance and assist with purchase agreements and post-closing transaction matters. Your Key Responsibilities As a Senior Manager in Transaction Advisory Services, you will manage and lead teams on financial diligence project work. You’ll be focused on analysing financial data and identifying key trends behind the performance of a business, discussing business performance and forecast assumptions with senior team management, and helping structure reports that set out our findings and recommendations around the key financial and business issues in a transaction. You will also be responsible for people and practice development activities. Additionally, you’ll be responsible for business development and pursuit activities as well as cultivating long-term client relationships. Skills and Attributes for Success • Managing and executing financial due diligence engagements. • Developing and communicating fees and timelines. • Analyse financial and operational results of businesses to be acquired or sold through reviewing accounting records and conducting interviews with management. • Identifying negotiation factors for purchase price and deal structuring. • Identifying post-acquisition action steps to achieve anticipated earnings/cash flow improvements. • Constantly researching industry trends and technologies, as well as seasonality and cyclicality on cash flow requirements to provide knowledge and insight to clients. • Understanding EY's service lines and actively present ways the firm can successfully serve clients. • Utilising EY’s data analytics and digital platforms to provide quality insights to clients. Your client responsibilities • Assist in producing work products that clearly explain key due diligence findings and recommendations to the client, ensuring compliance with EY standards • Challenge the engagement scope and specific procedures and suggest modifications that will better address the client's needs and concerns • Secure and enhance relationships with senior client management • Assign and lead teams that will exceed client's expectations in terms of performing engagement management activities including billing, scheduling, performance, evaluations, mentoring, managing client expectations, and identifying additional client needs • Maintain active communication with both partners and clients to manage expectations and ensure client satisfaction. Proactively identify, document and communicate any changes to the scope of work Your people responsibilities • Mentor staff members in their professional development and career planning • Provide on-the-job performance feedback and periodic performance reviews • Identify training needs of staff members • Live our shared culture and values at all times and encourage your team members to do the same • Operational excellence • Review work in accordance with the firm's policies on a timely basis and in a thorough and constructive manner • Ensure appropriate use of tools and sources of knowledge. • Manage risk to the firm by adhering to the risk management policies and procedures and ensuring significant risks are identified • Perform detailed analysis to evaluate potential deal breakers and/or contract negotiating points • Apply transaction experience and industry knowledge to identify key issues and value drivers that will be critical to the engagement • Link key terms and conditions to areas to be focused on during due diligence • Draft the proposed scope and budget for the financial due diligence engagement with limited supervision Skills and Experience • Minimum of 5 years relevant working experience • Strong written and verbal communication skills - reports need to be ready for Partner review • Good Computer skills • Project Management Skills • People Management Skills • Minimum of 5 years relevant working experience at a professional services firm, solely focused on financial due diligence (Big 4 or mid-tier) • Exposure to large transactions that are complex and involve cross boarder activities • Able to utilise strong local insights to the Due Diligence • Experience in running multiple projects simultaneously To qualify for the role, you must have • University Degree in Accounting or Finance • Fluency in English • Significant accounting and previous financial due diligence experience. • Excellent analytical skills and the confidence to translate complex data into meaningful insights. • Ability to prioritize effectively on projects and the skills to adapt quickly to new challenges and concepts. • Excellent negotiation and influencing skills, and the ability to develop long-lasting relationships both internally and externally. • Experience gained within another large professional services organization. • Established networking skills in a relevant industry. • We would ideally like a senior manager that has flexibility to travel at times for work engagements. What We Look For We’re interested in talented professionals with the ability to visualize our clients’ goals and think creatively to facilitate them - often in politically charged environments. If you have an entrepreneurial spirit, and a genuine passion for taking on new challenges, this role is for you. What Working at EY Offers • We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. We offer opportunities to develop new skills and progress your career within a dedicated financial due diligence practice in a Big 4 firm. • A clear unified strategic focus across the team, with emphasis on taking an entrepreneurial approach to work. • Support, coaching and feedback from some of the most recognized and engaging colleagues in the industry. • The freedom and flexibility to handle your role in a way that’s right for you.