EY-Parthenon - Deals - Financial Diligence - Financial Services - Senior Associate

EY•Charlotte, NC

1d•$96,800 - $181,400•Hybrid

About The Position

EY-Parthenon’s unique combination of transformative strategy, transformative strategy, and corporate finance delivers real-world value – solutions that work in practice, not just on paper. Benefiting from EY’s full spectrum of services, we’ve reimagined strategic consulting to work in a world of increasing complexity. With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, Boards, Private Equity and Governments every step of the way – enabling you to shape your future with confidence. The potential for error is high in an environment where speed is critical. Companies looking for local and global deals face strong competition for quality assets and stakeholder scrutiny regarding acquisitions. M&A success starts with comprehensive diligence, it's the only way to understand if the deal is the right decision at the right price. As a Senior Associate with EY-Parthenon’s Deals – Financial Diligence – Financial Services practice, you'll be involved in the action. You'll work with many of the world's largest financial services organizations and private equity funds on some of the most complex deals. You'll be part of our team advising clients throughout the diligence lifecycle on key value drivers while reducing the risks and uncertainty inherent in transactions.

Requirements

A bachelor's degree in Accounting and/or Finance and 2 years of related work experience; or a graduate degree and approximately 18 months of related work experience.
Excellent analytical skills and the confidence to translate large, complex datasets into meaningful insights.
Ability to prioritize effectively on projects and the skills to adapt quickly to new challenges and concepts.
Aptitude to work in fast paced, deadline driven environment.
Excellent oral and written communication skills.
Must be able to assist in delivering insightful analysis in response to key internal and external stakeholders’ requests.
Expertise in the Microsoft Office Suite, specifically in using Excel and PowerPoint.
You must either reside in or be in a commutable distance to your office location for this position.
The ability and willingness to travel and work in excess of standard hours when necessary. In certain circumstances, travel may be required beyond your work location based on client and project needs.

Nice To Haves

Experience working with Partners, Senior Directors, and Directors to facilitate financial due diligence engagements.
Ability to analyze financial and operational results of potential business acquisitions or divestitures through reviewing historical financial information and conducting interviews with executive management.
Ability to identify financial factors affecting the purchase price and deal structure.
Knowledge of quality of earnings, net assets, and cash flows.
Experience researching industry trends and new technologies, to provide knowledge and insight to clients through dynamic analysis.
Excellent Microsoft Excel skills including the ability to process, manipulate and concisely present large amounts of data; knowledge of Alteryx and Microsoft Power Bi is a +.
Experience in roles providing financial due diligence or other related services to financial services and private equity clients.
A proven record of excellence in audit and/or mergers or acquisitions transactions role.
An active CPA certification.
Experience gained within another large professional services organization or public accounting experience.
Experience with Alteryx, Power BI, Tableau, or other analytics tools.
Established networking skills in a relevant industry.
Knowledge of how to leverage firm-approved AI tools in a business setting, including Microsoft Copilot.

Responsibilities

Working in a team environment with financial due diligence professionals on both buy-side and sell-side due diligence across the financial services industry, including but not limited to the following sectors: Wealth and asset management: Investment managers, hedge funds, wealth managers. Banking & capital markets: Investment banking, broker dealers, exchanges, FinTech, digital assets. Insurance: Carriers, administrators and underwriters in life, health, accident, and property & casualty spaces. Real Estate, Infrastructure, Hospitality: Real estate (residential, multifamily, office, retail, industrial), Hospitality (lodging / entertainment owners and operators), Infrastructure (energy transition, digital infrastructure, transportation, waste management, social infrastructure).
Serving both private equity and corporate clients by gaining an understanding of the business, operations and historical results of the client or target to identify and advise on the financial risks related to the transaction.
Analyzing historically reported financial information, profit drivers, and trends, challenging whether historical results reflect run-rate/forecast profitability.
Assisting clients in understanding the factors affecting purchase price and post-closing transaction matters.