Financial Due Diligence Senior Associate
About The Position
The Financial Due Diligence Senior Associate focuses on middle-market transactions and serves clients, private equity investors, and asset-based lenders through buy-side and sell-side transaction advisory engagements, including carve-outs and similar services. The role supports clients throughout the transaction lifecycle, helping them assess mergers, acquisitions, divestitures, capital markets transactions, and other investment opportunities. The position performs financial due diligence on key income statement and balance sheet areas; identifies risks and business drivers; analyzes operational data, net working capital, debt, and debt-like items; and prepares client reports, including Quality of Earnings reports. Reports address findings and sustainable profit and cash flow drivers, as well as issues such as normalized earnings, valuation assumptions, management budgets, indebtedness, borrowing base calculations, business combinations, and carve-out financial statements. The Senior Associate also contributes to proposals and business development, meets utilization targets, supervises and mentors associates, and assesses associate performance. The position follows Grant Thornton’s hybrid model and requires in-person attendance at least three days per week at a Grant Thornton office or client site. Travel may be required, with expected travel up to 25%.
Requirements
- Bachelor’s degree in Accounting or a related field.
- 2 to 6 years of related work experience in a similar consulting practice or function serving cross-industry clients at a national level.
- Solid experience in accounting, audit, or transaction advisory services.
- Strong current knowledge of US GAAP, GAAS, SEC reporting, transaction advisory services, or mergers and acquisitions.
- Ability to manage multiple priorities and simultaneous projects in a rapidly growing practice.
- Strong leadership, business development, recruitment, training, and mentoring skills.
- Excellent written, presentation, leadership, and interpersonal communication skills.
- Ability to travel as needed; expected travel is up to 25%.
Nice To Haves
- Advanced degree.
- CPA or CPA in process.
- Prior relevant consulting experience.
Responsibilities
- Perform buy-side and sell-side transaction advisory engagements, including carve-outs and similar services for clients, private equity investors, and asset-based lenders.
- Help organizations realize the potential of mergers, acquisitions, divestitures, capital markets transactions, and other transactions.
- Perform financial due diligence on key areas of the income statement and balance sheet.
- Formulate questions and propose basic adjustments based on identified key risks and business drivers.
- Lead analysis of key operational data, net working capital, debt, and debt-like items.
- Lead initial drafts of client reports, including Quality of Earnings reports, highlighting key financial findings and drivers of sustainable profits and cash flows.
- Create and design tailored transaction advisory reports addressing issues such as normalized earnings, valuation model input assumptions, management budget achievability, indebtedness, borrowing base calculations, business combinations, and carve-out financial statements.
- Work with partners and senior managers on proposals and business development calls.
- Meet or exceed targeted billing hours (utilization).
- Supervise, train, and mentor associates.
- Assess associate performance for engagement and year-end reviews.
- Perform other duties as assigned.
Benefits
- Personalized and comprehensive benefits, with details available through Grant Thornton’s benefits information.
- Employees may be eligible for a discretionary annual bonus based on individual and firm performance, subject to the applicable plan terms, conditions, and eligibility criteria.
- Work-life integration options.
- Options for work location, weekly schedule, and flex time off, consistent with client needs and the firm’s hybrid work model.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
