Manager, Turnaround & Restructuring

Job Description

Manager, Turnaround & Restructuring Manager, Turnaround & Restructuring Apply locations AUS Sydney time type Full time posted on Posted 3 Days Ago job requisition id R103699 Ankura is a team of excellence founded on innovation and growth. This position supports the Ankura Turnaround & Restructuring practice - one of seven practices focused on client delivery services across the Firm. Ankura’s professionals have diverse backgrounds and varied experience including transformation, performance improvement, consulting, restructuring, accounting firms and public/private industries. Our professionals are trusted advisors who work collaboratively and in a very measured and expedient way to maximize value for our clients. We are experts known for leading challenging processes and bringing together disparate stakeholder groups. Ankura is a global consulting firm with offices in 30+ countries. Ankura’s Turnaround and Restructuring (T&R) team in Sydney focuses on transaction advisory, restructuring and insolvency services for clients. Our clients include mid to large corporates and capital providers. The Australian T&R practice was launched at the end of 2019, and we have ambitious plans to grow. Role Overview The Turnaround & Restructuring team works with healthy, under-performing and distressed companies across a variety of urgent, high impact situations. The team helps our clients navigate periods of change or growth and deliver significant improvement in business performance and enterprise value by providing hands-on expert level support and advice. Our team offers financial, operational, and commercial insights to special situations to deliver significant improvement to both balance sheet and P&L. We aim to create, protect and recover value by understanding the key business and organizational challenges or growth objectives, identifying tailored solutions, and supporting in the implementation of change and restructuring initiatives to drive a successful outcome. Suitable candidates for this position will have a strong suite of consulting, performance improvement, financial restructuring, and hands-on experience. Responsibilities Work on delivery of a range of advisory engagements – restructuring and debt advisory, strategic advice, M&A, special situations transactions and safe harbour under the guidance of a senior team member. Attend to formal restructuring matters as required. Work as part of a team on a variety of trading engagements. Attend to statutory and compliance requirements, as per the nature of the matter. Assist with the preparation of reports for clients and statutory bodies. Manage teams in some engagements. Assist with pitches for both transaction and restructuring work from time to time. Requirements Good financial modelling skills, including the ability to build purpose-built models as required by the engagement (such as cash flow forecasting and estimated outcome statements). Advanced written communication and strong report writing skills. A developed understanding of insolvency, restructuring and accounting principles, including an understanding of statutory requirements required for different types of engagements and strong financial analysis skills. Experience in restructuring and insolvency matters including formal appointments. This job level is equivalent to Manager level. Undergraduate degree in Commerce / Business with a major in accounting and/or finance. Completed or near completion of CA / CFA. Proficiency in Microsoft Excel, Word, PowerPoint. Experience of mentoring and coaching teams or individuals. #J-18808-Ljbffr