EY Parthenon - Turnaround and Restructuring - Restructuring - Manager - Mult Pos - 1746529

EY•Chicago, IL

6d•$220,005•Hybrid

About The Position

EY Parthenon is seeking a Manager for their Turnaround and Restructuring team. This role involves managing and supervising staff on engagement projects to help clients develop financial and operational strategies to improve liquidity, credit availability, and shareholder return. The position requires contributing technical and analytical skills, along with knowledge of financial restructuring services. Responsibilities include advising distressed companies and debtors on financial turnaround planning, viability diligence, cash flow analysis, cash forecasting, and restructuring alternatives. The role also involves supporting negotiations with lenders, preparing complex financial analyses and models, conducting due diligence, preparing presentations, performing comparables analysis, gathering market data, providing input on deal structuring, advising stakeholders on viability and security, evaluating corporate finance strategy, assisting engagement Partners with scope, conflicts, budgeting, and staff planning, delivering detailed financial and commercial analysis, and identifying business development opportunities through relationship networks.

Requirements

Bachelor's degree in Business Administration, Finance, Accounting, Economics or a related field plus 5 years of progressive, post-baccalaureate related work experience. Alternatively, will accept a Master’s degree in Business Administration, Finance, Accounting, Economics or a related field plus 3 years of related work experience.
3 years performing quantitative or qualitative analysis.
3 years of combined experience performing financial restructuring and/or advisory work on behalf of creditors or distressed companies.
2 years of experience in project management and in supervising engagement teams comprised of 1 or more team members.
3 years of financial modeling and valuations experience.
Travel required up to 80%, of which 20% may be international.
Must be a "United States worker" as defined by the U.S. Department of Labor regulations at 20 CFR 656.3.

Responsibilities

Manage and supervise staff on engagement projects to enable clients to develop financial and operational strategies to improve liquidity, credit availability, and shareholder return.
Contribute to the team with technical and analytical skills and knowledge of financial restructuring services.
Advise distressed companies and debtors on financial turnaround planning; viability diligence, cash flow analysis, and cash forecasting; and restructuring alternatives, including review of debt services.
Support distressed companies and debtors with negotiations with lenders.
Prepare complex financial analyses and models.
Conduct due diligence investigations of client companies.
Prepare memoranda and presentations describing the key attributes of client companies and industries.
Perform comparables analysis.
Gather and assimilate market data into usable reports.
Provide input on deal-related structuring and strategic decisions.
Advise stakeholders, secured creditors, and investors on assessment of viability, cash flow review, and security review.
Evaluate corporate finance strategy.
Assist engagement Partners in defining the scope of work, clearing conflicts, budgeting issues, and dealing with staff resource planning.
Deliver detailed financial and commercial analysis to clients including identifying key issues and potential areas of sensitivity.
Identify business development activities to sell work through development of internal and external client relationship networks.