EY Parthenon - Deals - Financial Services - Manager - Multiple Positions - 1757751

EY•New York, NY

5d•Hybrid

About The Position

EY Parthenon – Deals – Financial Services is hiring a Manager to provide transaction support to financial services clients pursuing acquisitions or divestitures. The role covers the transaction lifecycle, from strategic assessment through implementation and post-deal integration. The Manager analyzes financial and operational results, conducts and supervises financial due diligence, assesses normalized cash flow and accounting practices, and correlates diligence findings with client valuations and investment decisions. The role also identifies value drivers, evaluates transaction structures, forecasts business and economic conditions, and recommends post-acquisition actions to improve earnings and cash flow. The Manager leads and motivates professionals with diverse skills and backgrounds, monitors work to ensure quality client service, demonstrates technical expertise, builds long-term client relationships, and develops business opportunities. The position is based in New York, New York, and requires domestic travel up to 50% to meet client needs. The schedule is Monday through Friday, 8:30 a.m. to 5:30 p.m., for 40 hours per week. EY describes its work arrangement as a team-led, leader-enabled hybrid model; most people in external, client-serving roles are expected to work together in person 40–60% of the time over an engagement, project, or year.

Requirements

Bachelor’s degree in Accounting, Business, Finance, or a related field and at least 5 years of progressive post-baccalaureate related work experience; alternatively, a master’s degree in one of these fields and at least 3 years of related work experience.
At least 2 years of combined experience conducting audits, financial due diligence, and/or tax due diligence of financial services companies.
At least 3 years of combined experience conducting external audits, financial due diligence, and/or tax due diligence with a public accounting or professional services firm.
At least 2 years of combined experience supervising the planning, execution, and reporting of audits or other due diligence of financial statements or taxes prepared under U.S. GAAS, U.S. GAAP, or another accepted foreign accounting standard such as IFRS.
At least 2 years of combined experience supervising audit, financial due diligence, and/or tax due diligence teams consisting of two or more staff members.
Ability to travel domestically up to 50% to serve client needs.
Must qualify as a “United States worker” under the cited U.S. Department of Labor regulations.
Employer will accept any suitable combination of education, training, or experience.

Responsibilities

Provide transaction support to financial services clients pursuing acquisitions or divestitures.
Advise clients across the transaction lifecycle, from strategic assessment through implementation and post-deal integration.
Examine financial statements to determine normalized cash flow and assess compliance with applicable laws and regulations.
Inspect account books and accounting systems for efficiency and adherence to accepted accounting procedures.
Organize and maintain financial records; assess financial operations and recommend best practices to management.
Identify process improvements for finding and eliminating waste, and contribute to performance evaluations and cost-of-business planning.
Identify key value drivers, challenge assumptions about future performance, and coordinate with other EY service teams to provide integrated client service.
Participate in due diligence engagements for private equity investors and strategic corporate buyers.
Analyze financial information to inform investment decisions and forecast business, industry, or economic conditions.
Develop and execute appropriate transaction structures, including financial due diligence.
Analyze targets’ financial and operational results, identify post-acquisition actions to achieve expected earnings or cash-flow improvements, and relate due diligence findings to client valuations.
Interpret data concerning price, yield, stability, future investment-risk trends, and economic influences.
Manage and motivate teams of professionals with diverse skills and backgrounds, and supervise audit or due diligence teams.
Monitor progress to deliver quality client services and demonstrate technical capabilities and professional knowledge.
Maintain long-term client relationships and networks, and cultivate business development opportunities.