Associate Director / Director, Financial Advisory

Teneo external feed for LinkedIn; Toronto; Hybrid; CAD 110,000 - 160,000; Full time

Benefits offered by this job

Flexible time off

Medical coverage

Dental coverage

Vision coverage

RRSP matching

Team events

Snacks

Job summary

The Financial Advisory Team at Teneo in Toronto is seeking an Associate Director to join a growing practice serving boards and management teams facing financial stress.

You will lead workstreams, manage junior staff and collaborate with Directors and Managing Directors on client engagements across sectors, with a focus on resilience, restructuring and value restoration.

Qualifications

• Qualified accountant (CPA or equivalent).
• Financial Advisory experience in professional services, consultancy or investment banking.
• Understanding of debt markets, banking, loan agreements and related financial documentation.
• Strong understanding of financial statements, historical performance and future outlook.
• Excellent analytical skills, including budgeting, cash flow, forecasting and KPI definition.
• Strong interpersonal and leadership abilities.
• Experience leading mid-large teams and coaching staff.

Responsibilities

• Prepare engagement letters and ensure compliance.
• Manage engagement and support MD/Director, coordinating with external stakeholders.
• Oversee insolvency engagements under applicable acts and statutes.
• Support management teams with business plans, cash flow forecasts and Financial Advisory plans.
• Provide financial restructuring and cash management services to identify working capital improvements.
• Stress-test business plans, perform data-driven analysis and develop KPI reporting and forecasting.
• Establish or enhance company finance functions and processes.
• Develop and present Financial Advisory options with input from other teams; coordinate with legal for documentation.
• Understand engagement economics and risk management.

Skills

CPA / Chartered accountant

Financial analysis

Leadership

Project management

Interpersonal skills

Business development

Education

CPA or equivalent

Job description

The Financial Advisory Team at Teneo

Teneo’s global Financial Advisory business advises corporates, creditors and other financial stakeholders in situations of financial stress and distress. No two situations are the same. Our advice and approach is tailored to each situation and each client. At Teneo, we believe such occurrences present new opportunities for our clients. Opportunities to restore value, raise new capital, pivot in a new direction and ultimately, identify certainty amidst chaos. Teneo partners with clients to find viable opportunities that will protect and enhance value and help them to build strategies that will most benefittheir business and/or investment goals.

Integrating the disciplines of financial advisory, management consulting, investor relations, strategic communications, government affairs, risk analysis and talent advisory, Teneo’s global Financial Advisory team guides companies and their stakeholders through periods of uncertainty and stress. We help address the challenges a business faces, whether that is targeted performance improvement to Financial Advisory, or delivering a route to recover value, our focus is delivering certainty from uncertainty.

Teneo is expanding its already established global Financial Advisory footprint, now in Canada. The Canadian Financial Advisory team will join forces with the already established Strategy and Communications platform which has offices in Toronto, Montreal and Calgary. We are hiring at several levels.

The Role – Associate Director, Toronto

This is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory skills and experience.You will work alongside some of the most experienced practitioners in the field advising the boards, management teams, lenders and shareholders of companies which are underperforming and/or facing any financial stress.

As an Associate Director / Director in the team, you will have the opportunity to work and lead on a diverse range of engagements across all sectors, with plenty of responsibility for leading workstreams, managing junior staff and supporting Directors and Managing Directors in client-facing delivery.

Key Responsibilities

Client Service

• Preparation of engagement letter(s) and ensuring adherence to all compliance requirements.
• Manage parts or all of the engagement, providing support to the Managing Director/ Director (or often directly to Senior Managing Director) in managing external stakeholders.
• Managing insolvency engagements under the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and other statutes.
• Support management teams in preparing and challenging business plans, short term cash flow forecasts and Financial Advisory plans.
• Providing comprehensive financial restructuring and cash management services to identify working capital and other cash flow improvements.
• Reviewing and stress-testing integrated business plans, budgeting and forecasting models using a fact-based, data driven approach, including KPI definition, data visualization, reporting automation and touchless forecasting.
• Establishment or enhancement of company finance functions and processes.
• Develop, analyse and present Financial Advisory options using input from other teams, e.g. insolvency or tax analysis, sector and financial modelling. Liaise with the Company’s legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.)
• Apply an understanding of engagement economics.
• Apply an understanding of financial and risk management.

Knowledge Acquisition

• Build client relationship skills, sector knowledge and continue to develop leadership skills.
• Continue to build technical expertise, broader business advisory and people management skills.
• Understand the market, topical issues and our Financial Advisory propositions.

People and Leadership

• Support practice and talent development.
• Provide on-job coaching and development to staff.
• Develop junior staff outside of jobs through appraising and mentoring.
• Support wider Financial Advisory training initiatives.
• Manage diverse teams within an inclusive team culture where people are recognised for their contribution.

Business Development

• Start to own elements of business development including actively supporting business development activities, building and expending your own contact network and supporting Director/ Managing Director/Senior Managing Director-led marketing and sales activities.
• Participate in existing business development programmes and key client accounts.
• Identify opportunities to expand engagments as well as opportunities to provide wider Teneo services to existing clients.
• Take responsibility for leading marketing initiatives aimed at specific channels to market, or events.

Key Skills & Experience

• Qualified accountant (CPA or equivalent), both time and exam qualified.
• Financial Advisory experience gained either as an advisor within a professional services company, consultancy or investment bank; as an analyst in a debt or special situations funds. An understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation.
• Understanding of financial statements and related data to assess historical financial performance and future outlook for client companies and prospects.
• Good understanding of the Financial Advisory marketplace, its trends, and key players (principals and advisors).
• Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options. A basic understanding of insolvency legislation and practice is not a prerequisite but helpful.
• Excellent interpersonal skills.
• Strong project management skills, with ability to lead mid-large teams and develop people.

What We Offer

As a Teneo employee, you'll enjoy unique benefits including flexible time off policy; medical, dental, and vision coverage; long-term disability, and life insurance; RRSP plan with corporate matching; team events; snacks; and other perks .

Our Commitment to Diversity and Inclusion

Teneo is an equal opportunity employer and promotes a diverse and inclusive workplace. Teneo considers all applicants without regard to race, color, religion, creed, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, genetic information, or sexual orientation or any other status protected by applicable law.

Total Compensation Package

Expected compensation for Associate Director is CAD110,000 - CAD160,000 plus annualized bonus. Expected compensation for Director level is CAD150,000 - CAD200,000 plus annualized bonus.

RRSP match, healthcare coverage and a broad range of additional benefits and perks .

About Teneo

Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future.

Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand‑alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations.

Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance, ESG and DE&I.

The firm has more than 1,800 employees located in 40+ offices around the world.

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