Vice-President, Canadian Restructuring

Richter•Toronto, ON

7h•Hybrid

About The Position

Richter is looking to hire a professional at the VP level to join the restructuring practice in Toronto. Our diverse engagements involve the diagnosis of a company’s financial position leading to business turnaround situations, restructuring and/or the sale of all or part of a business. Our primary clients are companies that are facing economic uncertainty due to a variety of issues such as underperformance of the business, an imminent liquidity crisis and/or an inability to raise new capital. When organizations are faced with such business challenges, Richter’s restructuring professionals work with the company’s directors, senior executives, senior lenders and external advisors to manage the crisis and provide hands-on expertise to assist these businesses to emerge financially stronger and effect a successful outcome.

Requirements

Undergraduate or graduate degree with a focus on finance and accounting
CPA and/or MBA completed
Currently holds or is a candidate to become a Chartered Insolvency and Restructuring Professional (CIRP)
Minimum 8 + years of previous experience with a Canadian professional services firm or chartered bank; experience within a financial advisory and / or deals environment is considered an asset
Specific restructuring, operational turnaround and/or insolvency experience is highly desirable
Superior financial analysis skills with a result-oriented approach
Ability to critically review financial statements and many other types of documents to rapidly recognize characteristic patterns
Experience in the preparation and analysis of cash flows, financial projections, and viability assessments
Ability to identify key issues during an engagement and make recommendations
Creative thinker, ability to think “outside the box” and be innovative
Excellent communication skills and report writing abilities
Ability to manage multiple priorities and work well under pressure
Flexible, true team player attitude
Ability to travel within Canada, or occasionally to the U.S./internationally

Nice To Haves

experience within a financial advisory and / or deals environment is considered an asset
Specific restructuring, operational turnaround and/or insolvency experience is highly desirable

Responsibilities

Work on both informal and formal corporate restructuring and insolvency engagements
Lead clients through fast-tracked distressed M&A activities
Deal with various key stakeholders throughout the crisis period including debtors and creditors
Develop and implement corporate turnaround strategies
Assess companies’ financial position and forecasts
Prepare financial models and cash flow analysis
Perform financial due diligence and ad hoc financial analyses
Investigate financial anomalies and/or trends
Prepare business reports and presentations of our recommendations to major financial institutions, legal counsel, equity sponsors, and other stakeholders
Contribute to developing marketing presentation and proposal materials
Utilize technical and insolvency knowledge and work with legal counsel on legal and insolvency related issues
Manage and develop junior staff members
Participate in business development initiatives

Benefits

Competitive benefits, including group insurance, a health spending account, savings plans, and employer contribution matching.
Employee and family access to a virtual healthcare network.
Employee and family assistance programs, including consultations with mental health professionals.
Annual health and wellness program.
Competitive performance bonus.
Tuition reimbursement.
Professional dues reimbursement.
Academic incentives.
Talent referral bonus.
Client referral bonus.
Access to on-demand concierge, childcare, eldercare, and tutoring services.
Annual employee rewards and recognition.