Managing Director, Transaction Advisory Services - Healthcare Financial Due Diligence

BDO USA•Chicago, IL

16d•$250,000 - $400,000

About The Position

Job Summary: The Transaction Advisory Services (TAS) Managing Director is a leadership role overseeing all aspects of TAS Centers of Excellence to support the overall delivery of the national TAS strategy. The TAS Managing Director leads new business origination efforts and support multiple client engagement teams while maintaining key client relationships. The TAS Managing Director should have excellent leadership and technical skills, be results oriented, and have a tenacious work ethic. Job Duties: Oversees all functions of TAS Center of Excellence Leads new business origination efforts Coordinates cross selling opportunities across BDO service lines Oversees client engagement teams to ensure effective and efficient delivery of quality services Leads complex deal related issues and provides appropriate insight into deal specific matters, including but not limited to quality of earnings adjustments, pro-forma/normalization calculations, working capital analysis and definition, debt and debt-like analysis, warranties & indemnities, sale and purchase agreement review Oversees the full spectrum of transaction advisory work in multiple engagements including buy-side and sell-side mandates Enforces standards for quality/consistency and brings sophistication to client engagements Coaches and mentors staff in key areas, including detailed due diligence, critical decision making, report writing, and project management Ensures client expectations are met, maintains client relationships and identifies and resolves client issues /concerns Leverages BDO’s firm wide capabilities beyond TAS during client engagements Assists in identifying risks and issues related to the transaction and effectively communicates to clients Oversees the development of proposal documents and conducts presentations in pursuit of acquiring new clients Partners with management members of BDO offices to identify and promote the services of the Transaction Advisory Services practice to existing and perspective clients Provides verbal and written performance feedback to TAS team members throughout the fiscal year and as part of the annual performance review process Travels - up to 50%, as needed Other duties as required Supervisory Responsibilities: Schedules and supervises the tasks and project assignments of Senior Associates and Managers Reviews work product prepared by Senior Associates and Managers and provides review comments Partners with Director, Transaction Advisory Services to provide verbal and written performance feedback to Senior Associates and Managers throughout the fiscal year and as part of the annual performance review process

Requirements

Bachelor’s degree, required; focus in Accounting, Business Administration, or Finance, preferred
Ten (10) years of prior financial statement related professional services experience, of which at least five (5) years has been spent in a dedicated TAS environment, to include complex national and multi-national buy and sell side transactions, required; carve-out experience, preferred
Prior experience interacting and working directly with C-level personnel, preferred
Big 4 or other top tier consulting firm experience, preferred
CPA, preferred
Strong Excel, Word and Powerpoint skills, required
Demonstrated practice leadership and development skills
Excellent project management and communication skills, as well as a sense of urgency and drive to help the company service its clients
Ability to lead engagements, support/supervise staff and respond to client needs
Solid knowledge of technical accounting areas such as US GAAP
Exhibit an executive presence and strong business acumen
Strong verbal and written communication skills, specifically business writing aptitude
Ability to initiate and maintain solid relationships with all levels of client personnel, as well as utilizing network and industry relationships to identify business development opportunities

Nice To Haves

MBA, preferred
carve-out experience, preferred
Prior experience interacting and working directly with C-level personnel, preferred
Big 4 or other top tier consulting firm experience, preferred
CPA, preferred

Responsibilities

Oversees all functions of TAS Center of Excellence
Leads new business origination efforts
Coordinates cross selling opportunities across BDO service lines
Oversees client engagement teams to ensure effective and efficient delivery of quality services
Leads complex deal related issues and provides appropriate insight into deal specific matters, including but not limited to quality of earnings adjustments, pro-forma/normalization calculations, working capital analysis and definition, debt and debt-like analysis, warranties & indemnities, sale and purchase agreement review
Oversees the full spectrum of transaction advisory work in multiple engagements including buy-side and sell-side mandates
Enforces standards for quality/consistency and brings sophistication to client engagements
Coaches and mentors staff in key areas, including detailed due diligence, critical decision making, report writing, and project management
Ensures client expectations are met, maintains client relationships and identifies and resolves client issues /concerns
Leverages BDO’s firm wide capabilities beyond TAS during client engagements
Assists in identifying risks and issues related to the transaction and effectively communicates to clients
Oversees the development of proposal documents and conducts presentations in pursuit of acquiring new clients
Partners with management members of BDO offices to identify and promote the services of the Transaction Advisory Services practice to existing and perspective clients
Provides verbal and written performance feedback to TAS team members throughout the fiscal year and as part of the annual performance review process
Schedules and supervises the tasks and project assignments of Senior Associates and Managers
Reviews work product prepared by Senior Associates and Managers and provides review comments
Partners with Director, Transaction Advisory Services to provide verbal and written performance feedback to Senior Associates and Managers throughout the fiscal year and as part of the annual performance review process