Restructuring Senior Associate
5 days ago
Restructuring Senior Associate – Manchester
Location: Manchester
Salary: £35,000 - £45,000 + Excellent Benefits
Numero recruitment have been engaged to speak with restructuring professionals in Manchester by an International Advisory firm that would like to recruit a Restructuring Senior Associate into their busy Manchester team.
The successful applicant will be joining a supportive and collaborative work environment that empowers you to excel and you will have the opportunity to work with a wide range of clients serving as a financial advisor to companies, financial sponsors, lenders, creditors and other interested parties in distressed situations across virtually every industry and every situation.
The Role:- With supervision from case managers and other senior staff, assist the Advisory team handle a variety of non-formal restructuring and advisory assignments, including:
- Independent Business Reviews ("IBRs")
- Short-term cash flow modelling
- Long-term integrated forecast appraisals
- Pre-lending reviews
- Options reviews
- HMRC Time To Pay Arrangements
- Accelerated M&A
- Stakeholder management
- Undertake detailed financial analysis of statutory accounts, management information, short term cash flow forecasts and longer term integrated forecast models, including the identification of key trends and performance drivers.
- Draft sections of reports for review by Managers, Directors and Managing Directors where appropriate, delegating tasks as required to other members of the team and ensuring their timely completion.
- Assume responsibility for client relations and liaise with clients, clients' employees, agents and solicitors as necessary.
- With the assistance of clients and historic financial information, create forecasts in Microsoft Excel.
- Assist in the preparation of tenders for new work and lender panels liaising with other offices and service lines as appropriate.
- Draft short form Information Memorandum's, maintain interested parties schedules and liaise with potential purchasers in accelerated M&A transactions.
- Build and maintain relationships with other professionals both internally across other service lines and externally.
- The ideal candidate will have at least 3 years' experience at a top 20 UK accountancy practice or equivalent and will have a strong academic background, including a relevant accounting qualification.
- Insolvency qualifications and experience would also be beneficial but are not essential.
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