EY Parthenon - Deals - Manager - Multiple Positions - 1707368

EY•Chicago, IL

1d•Hybrid

About The Position

EY Parthenon is seeking a Manager to serve as a Transaction Support professional, assisting clients in achieving their strategic goals through acquisitions or divestitures. This role involves examining financial statements to determine normalized cash flow and compliance with regulations, inspecting accounting systems for efficiency and adherence to procedures, and organizing financial records. The Manager will assess financial operations, provide best-practice recommendations, identify waste reduction opportunities, and contribute to performance evaluations and cost planning. Key responsibilities include advising clients throughout the transaction lifecycle, identifying value drivers, challenging performance assumptions, collaborating with other EY service teams for integrated client service, and participating in due diligence engagements for private equity and corporate buyers. The role also entails analyzing financial information to forecast economic conditions, performing strategic development and execution of transaction structures, conducting financial due diligence, analyzing target company financial/operational results, identifying post-acquisition improvement steps, and correlating due diligence findings with client valuations. Additionally, the Manager will interpret data related to price, yield, stability, investment risk trends, and economic influences.

Requirements

Bachelor's degree in Accounting, Business, Finance or related field plus 5 years of progressive post-baccalaureate related work experience.
Alternatively, a Master’s degree in Accounting, Business, Finance or related field plus 3 years of related work experience.
3 years of combined experience conducting external audits, financial due diligence and/or tax due diligence experience with a public accounting or professional services firm.
2 years of combined experience supervising the planning, execution, reporting on audits and/or other due diligence of financial statements or taxes prepared in accordance with U.S. GAAS, U.S. GAAP and/or another foreign equivalent accepted accounting standard, such as IFRS.
2 years of combined experience supervising audit, financial due diligence and/or tax due diligence teams consisting of two or more staff members.
1 year of experience in leading client-facing communication, conveying financial due diligence processes and solutions, business development activities, explanation of findings, solutions, and products to teams, clients, and business stakeholders.
Requires domestic travel up to 50% in order to serve client needs.
Must be a "United States worker" as defined by the U.S. Department of Labor regulations at 20 CFR 656.3.

Nice To Haves

Employer will accept any suitable combination of education, training, or experience.

Responsibilities

Serve as a Transaction Support professional to help clients achieve their strategic goals, in acquiring or divesting assets.
Examine financial statements to determine normalized cash flow and to determine the financial statements comply with laws and regulations.
Inspect account books and/or accounting systems for efficiency and use of accepted accounting procedures.
Organize and maintain financial records.
Assess financial operations and make best-practices recommendations to management.
Identify ways to improve the processes for finding and eliminating waste.
Work on performance evaluations and help organizations plan the cost of doing business.
Advise clients across the transaction lifecycle — from strategic assessment to implementation and post-deal integration.
Identify key value drivers, challenge assumptions about future performance and work with other EY service teams to deliver an integrated service to clients.
Participate in due diligence engagements related to acquisitions by private equity investor groups and strategic corporate buyers.
Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions.
Perform strategic development and execution of appropriate transaction structure, including the execution of financial due diligence.
Analyze financial/operational results of targets.
Identify post-acquisition action steps to achieve anticipated earnings/cash flow improvements.
Correlate due diligence findings with client valuations.
Interpret data on price, yield, stability, future investment-risk trends, and economic influences.