Manager, Restructuring & Turnaround - Advisory

KPMG•Toronto, ON

About The Position

KPMG's Turnaround & Restructuring practice helps companies and/or its stakeholders that are facing challenges and uncertainty, for a variety of reasons, including business underperformance, an imminent liquidity crisis and/or an inability to raise new capital. When companies have these challenges, our team provides financial advisory services to lenders, management, boards of directors, regulators, and other key stakeholders. Our professionals provide advisory services to help stakeholders navigate financial challenges and/or special situations. By applying strategic business and financial expertise, we assist organizations to overcome the changing business environments and the challenges they face. We also provide formal insolvency expertise, including acting as trustees under the Bankruptcy and Insolvency Act (BIA) and as a monitor under the Companies' Creditors Arrangement Act (CCAA). As Manager, Turnaround & Restructuring, Deal Advisory, you are a motivated team leader with expertise in finance, strategy, research, business operations and are deal focused. Our work environment is conducive to advancement for candidates who perform. We reward exceptional individuals with responsibility, profile, and career progression.

Requirements

2-3 years of in debt advisory, banking, and/or restructuring OR working capital experience
Experience at a manager level or equivalent (in Audit, Deal Advisory, etc.)
Ability to analyze transactional data, prepare financial models and interpret financial projections.
Experience in debt restructuring and/or re-financing and working with companies to develop action plan to release excess cash.
Excellent technical, analytical and computer skills including modeling in Excel.
Demonstrated ability in managing conflicting demands and priorities, including managing client expectations, scope, and speed of service.

Nice To Haves

Professional designation in accounting or business, (CPA, MBA) would be an asset.

Responsibilities

Lead and mentor a high-performing team.
Conduct financial analysis of companies and develop cash flow models.
Support business development opportunities and assist with market research.
Review business operations / process and conduct working capital diagnostic to understand opportunities to reduce working capital balance and release excess cash.
Develop action plans to improve order to cash, procure to pay and inventory cycles.
Develop strategies to stabilize cashflows and liquidity and assist in developing re-financing strategies which may include developing the turnaround plan.
Prepare marketing materials and develop the re-financing process.
Assist with preparing re-financing and/or re-capitalization scenarios.
Work with lenders and the company on key term sheet points and covenants.