University Intern, Financial Due Diligence

Ankura • New York, NY

3d

About The Position

Ankura is a team of excellence founded on innovation and growth. Practice Overview: Whether assessing the viability of an acquisition or planning a divestiture, performing Financial Due Diligence to gain heightened reliance on the financial information being used by the target company is not only best practice, but a must-have in today’s deal environment. Ankura’s buy-side and sell-side advisory services incorporate an unparalleled level of industry expertise with a deep understanding of current and trending market factors that drive value. Our client-focused approach and expertise enables executives to gain confidence in the methods and approaches Ankura employs to deliver results. Our Financial Due Diligence services include quality of revenue and quality of earnings analyses, assistance with net working capital target and settlement negotiations, assistance with securities purchase agreements and post-merger integration services. Role Overview: We are currently seeking Financial Due Diligence summer intern for our expanding Financial Due Diligence practice. Qualified candidates will view themselves as having superior leadership and technical skills, excellent project management and communication skills, as well as a sense of urgency and drive to help the company service its clients. Primary responsibilities will be performing key analysis including quality of earnings, quality of revenue, net working capital and operational trending; executing deliverables; communication of project status to team members and assisting with internal projects such as maintenance of project status summaries, preparing research articles and client billing.

Requirements

• Pursuing a Bachelor’s degree in accounting or related field from an accredited college/university.
• Exposure to and/or strong interest in audit or M&A / Transaction Advisory Services
• Interest in obtaining CPA certification in the future.
• Strong quantitative and qualitative skills to generate data-driven insights.
• Some exposure to financial analysis is highly preferred.
• Ability to work autonomously, meet tight deadlines, and thrive in a fast-paced environment with shifting priorities.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Responsibilities

• Participate in buy-side and sell-side pre-transaction financial due diligence engagements, providing financial due diligence assistance and advisory services to publicly traded companies, non-public corporations, private equity investors, special purpose acquisition corporations and investment banks across the U.S.
• Assist in building financial models to analyze and synthesize company data to identify historical and projected financial and operational trends, quality of earnings, working capital considerations, and potential liabilities and underlying risks impacting the target company
• Gather and organize data from follow up with management at target companies to effectively assess and communicate the company's quality of earnings, net assets, and cash flows
• Analyze and maintain comprehensive Financial Due Diligence reports that includes Quality of Earnings, Quality of Net Revenue, Debt and Debt-like, Net Working Capital analysis.

What This Job Offers

• Career Level: Intern