EY Senior Manager - Turnaround Restructuring Strategy 

South Africa, Gauteng, Johannesburg 

286141641

Your Key Responsibilities

As a Restructuring Senior Manager in out South African TRS practice, you'll have a pivotal role in restructuring engagement by working closely with senor leadership toengagement to craft the scope, execute the analysis and draw conclusions, while also being a critical member of the team, providing coaching and insight to junior colleagues

You will get excellent exposure to our clients which consist of some of the world’s largest corporates, banks and development finance institutions and will benefit from being at the heart of shaping restructuring outcomes that preserve value and protect jobs.

You will have the opportunity to demonstrate your relationship building skills and build your personal brand working alongside the leadership team to decide on the go-to-market strategy and meeting with clients in the marketplace.

You will also develop a strong risk radar, helping the leadership team identify risks to independence and potential conflicts and making sure that the firm’s Quality and Risk Management Procedures are adhered to.

You will help clients evaluate capital options, capture greater transaction value and achieve strategic objectives - whether they are buying or selling a distressed asset, restructuring a business, dealing with underperformance, or looking to improve cash management.

Skills and attributes for success

• Ability to lead financial analysis and scenario modelling to support decision making and awareness of the key drivers of corporate failure or underperformance.
• Commercial acumen –using knowledge and insight gained from client work and apply your understanding of the wider business environment.
• Able to identify key issues on assignments and suggest and help implement workable solutions.
• Experience in delivery of work products by presenting findings clearly in reports and other deliverables to clients.
• Ability to share technical and other knowledge with the team drawing on previous experience and current learning.
• Leverage existing relationships and build new ones to assist partners with generating new business opportunities and building relevant external networks and relationships.
• Proactively assess markets and corporates to help identify work winning opportunities.
• Demonstrate professionalism and confidence to deal with a range of stakeholder groups and management teams.
• Good project management skills, with the ability to manage more than one assignment at a time and yet still demonstrate quality and consistency of performance in every task.
• Adapt well to change and have a flexible and positive approach.
• Desire to support the people development of TRS – contributing to or leading training courses, recruitment, and team / wellbeing activities.
• Strong appreciation of risk management.

To qualify for the role, you must have:

• A bachelors or graduate degree.
• A minimum of five years of restructuring experience and a total of seven years relevant work experience (e.g. diligence, modelling, audit).
• Client facing experience from a professional services background and the ability to lead client conversations and meetings.
• Skills in financial analysis of a distressed business and reporting findings to stakeholders.
• Proficiency in MS Office tools including Excel and Powerpoint.
• Experience in designing and helping to implement restructuring solutions.
• Strong knowledge of finance agreement structures, covenants and terms.
• Excellent negotiation and communication skills to get buy-in to a restructuring plan.
• Appreciation of the risks inherent in advising distressed businesses and their stakeholders.

Ideally, you’ll also have

• Professional accountancy qualification.
• Own network of contacts with work providers, or will understand how to build one.
• Experience of South African insolvency regimes.
• Experience of using data analytics tools such as Power BI and Power query.

What we look for

We are looking for candidates who are highly motivated, analytical, logical thinkers with a passion for turnaround and restructuring, with very strong attention to detail. Being a collaborative team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients’ goals. Also, being highly motivated and self-aware to work autonomously where required.

What we offer

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future.

Plus, we offer:

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.