Managing Director, Management Consulting

BDO USA•New York, NY

5h•$200,000 - $420,000

About The Position

The Managing Director is responsible for executing, building out, and leading a team of TRS in business restructuring and bankruptcy related engagements, including bankruptcy litigation, and addressing complex questions and issues under the direction of an Advisory Principal. The Managing Director is also expected to spend a significant amount of time marketing and networking for new business, including identifying, pursuing and leading new business proposals.

Requirements

Bachelor’s degree in Accounting, Finance or other relevant field, required
Ten (10) or more years of prior experience performing business restructuring and/or related consulting services, required
Five (7) or more years of management experience, required
Proficient in the use of Microsoft Office Suite, specifically Excel, Word, and PowerPoint
Excellent oral and written communication skills, including the ability to review work product developed by others
Willingness to go above and beyond to provide superior work product while meeting engagement deadlines Superior analytical skills, including ability to identify issues and anomalies
Solid organizational skills, especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Ability to effectively managing a team of professionals and delegate work assignments as needed
Ability to build and maintain strong relationships with internal and client personnel
Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
Executive presence and ability to act as primary contact on assigned engagements, while timely keeping Principals informed of progress
Ability to develop financial models, especially integrated P&L with balance sheets and cash flows
Advanced knowledge of debt and lease restructuring, cash flow and balance sheets, along with liquidation analysis
Advanced knowledge of bankruptcy and insolvency process
Ability to travel to BDO clients local, regional and national

Nice To Haves

MBA or other relevant advanced degree, preferred
Prior experience working within a national public accounting firm or consulting organization, preferred
CIRA and/or CTP designation, preferred
CPA, CFE and other relevant certifications, beneficial

Responsibilities

Winning and leading performance of company-side restructuring and turnaround work and/or interim management engagements
Works and assists Principals in identify, pursuing and winning new business opportunities
Leads BDO pitch team for small or middle market company opportunities, participates as key speaking member of pitch team for larger new business opportunities. Assists pitch team in responding to new business inquiries
Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
Builds and expands network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.) and gets name known in restructuring industry
Prepares complete pitch book for new business opportunities, including cover letter and conflict check
Conducts and clears conflict checks, prepares draft retention affidavits or engagement letters and reviews fee applications or invoices; ensures compliance with all other court filing requirements
Builds and maintains network of contacts in the industry (e.g. lawyers, bankers, PE firms, creditors, etc.)
Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)
Takes lead role in preparing and executing BDO engagement strategy as project leader in consultation with engagement principal
Takes lead role in presenting BDO work product to counsel or client and responds to questions
Takes lead role in interactions with counsel or senior company management on complex operational, restructuring or bankruptcy issues
Possesses superior financial restructuring and bankruptcy technical skills, including strong ability to identify bankruptcy or financial restructuring related issues and make recommendations to address issues
Possesses superior ability to analyze cash flow projections, identify issues and develop a plan of action to address issues
Reviews reorganization/liquidation plan, evaluates plan for client, identifies key issues and makes recommendations to address issues
Evaluates and recommends alternative courses of action and potential solutions to achieve best result for client
Testifies at deposition or in Court on work performed by BDO and defend work in cross examination
Supervises the day-to-day workload of TRS Senior Managers, Managers, Senior Associates and Associates on assigned engagements; reviews work product, provides timely performance reviews and assists in the development of goals and objectives to enhance staff professional development
Provides on-the-job training for all TRS Senior Managers, Managers, Senior Associates, and Associates on each engagement
Acts as Career Advisor to TRS Senior Managers, Managers, Senior Associates and Associates, as appropriate