Manager/ Associate Director, Financial Advisory

Teneo; Leeds; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global advisory firm is seeking a Manager / Associate Director in Leeds. This role involves leading financial restructuring engagements and managing junior staff while advising clients facing financial stress. Candidates should be qualified accountants with strong analytical and project management skills. Responsibilities include client service delivery, developing financial advisory options, and ensuring compliance on insolvency assignments. The firm offers a supportive team environment with opportunities for professional growth and comprehensive benefits.

Benefits

25 days holiday plus additional time off

Discretionary bonus scheme

Cash benefits package

Extensive personal development investment

Enhanced maternity and paternity leave

Group income protection

Life assurance

Cycle to work schemes

Regular social, cultural and charitable activities

Qualifications

• Qualified accountant (ACA/ACCA or equivalent), both time and exam qualified.
• Experience in financial restructuring and insolvency assignments.
• Very strong analytical skills, including business analytics and cash flow planning.

Responsibilities

• Manage parts of engagement and junior staff.
• Produce high quality deliverables within planned timescales.
• Liaise with legal advisors to understand legal documentation.

Skills

Analytical skills

Project management

Interpersonal skills

Financial statement understanding

Restructuring experience

Education

Qualified accountant (ACA/ACCA or equivalent)

Job description

The Role

Leeds, United Kingdom

This is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory and insolvency 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.

Our North team has recently led a number of high profile regional insolvencies (including the Black Sheep Brewery, WN VTech and TXM Plant Administrations), as well as working on complex and challenging advisory assignments. We work with a full spectrum of companies from SME to PLC.

As a Manager / Associate 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 Senior Managing Directors in client‑facing delivery.

Key Responsibilities

Client service

• Manage parts of the engagement, including managing junior staff and providing support to the Senior Managing Director/ Director in managing external stakeholders.
• 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.
• Develop, analyse and present Financial Advisory options using input from other teams, e.g. tax analysis, sector and financial modelling.
• Produce high quality deliverables within planned timescales.
• Liaise with the company’s / lender’s legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation, insolvency sale and trading agreements etc.).
• Developing and inputting into insolvency strategies.
• Delivering key aspects of insolvency assignments including trading, sales process, asset realisations, monitoring, reporting and liaising with the insolvency delivery team to ensure all statutory compliance completed.
• Apply an understanding of engagement economics, financial and risk management.
• Develops and maintains their own ‘distinctive’ client relationships.

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.
• Start to own elements of business development including actively supporting business development activities, building and expending your own contact network and supporting Director/ Senior Managing Director‑led marketing and sales activities.
• Participate in existing business development programmes and key client accounts.
• Identify opportunities to expand jobs 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.
• Take sector focus responsibilities.

Key Skills & Experience

Basic Qualifications

• Qualified accountant (ACA/ACCA or equivalent), both time and exam qualified.
• Restructuring experience gained either as an advisor within a professional services company, consultancy or bank.
• Understanding of financial statements and related data to assess historical financial performance and future outlook for client companies and prospects.
• Good understanding of the restructuring marketplace, its trends, and key players (principals and advisers).
• Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options.
• An understanding of insolvency legislation and practice, with experience working on insolvency assignments.
• Excellent interpersonal skills.
• Strong project management skills, with ability to lead teams and develop people.
• Ability to conduct business in fluent oral and written English is a pre‑requisite.

The Financial Advisory Team at Teneo

Our global Financial Advisory business advises corporates, creditors and other financial stakeholders in all situations – from well‑performing to stressed. No two situations are the same, and our advice and approach is tailored to each set of circumstances and client.

Teneo guides companies and their stakeholders through periods of uncertainty and stress to create liquidity headroom, reduce costs, improve profitability, turnaround or exit underperforming businesses, assess options, address balance sheet stress, communicate appropriately with all stakeholders, more efficiently run their businesses and, ultimately, deliver certainty from uncertainty.

Our expert team also brings market‑leading experience in establishing and delivering contingency plans and insolvencies across multiple jurisdictions, providing credible fallback plans to protect value or helping to shape and affect a restructuring.

What can we offer you?

• 25 days holiday (plus an additional 3 days holiday over Christmas and one day to celebrate DE&I)
• Discretionary Bonus Scheme
• Cash benefits package
• Extensive investment in personal development & learning
• Enhanced maternity and paternity leave (depending on length of service) and shared parental leave
• Group Income Protection
• Life Assurance
• Cycle to work schemes
• Regular social, cultural and charitable activities

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 organisations.

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

The firm has more than 1,600 employees located in 40+ offices around the world.

Equal Opportunity and Diversity Statement

In order for us to continue refining our policies, practices and ways of working to foster our desired culture, we need to collect data about our applicants during the recruitment process. Please complete our Equal Opportunities Form which will allow us to monitor and analyse our data. You are under no obligation to provide this data (for all selections there is a ‘I do not wish to answer’ option) but we can assure you that any information provided on this form will be treated as strictly confidential and will be used for statistical purposes only. It will not be seen by those involved in the selection process. You can find our privacy policy here.

Teneo is committed to providing reasonable adjustments for qualified individuals with disabilities in our interview process. If you need assistance or an adjustment due to a disability, you may contact us at [e-mail].

Teneo are passionate about creating an inclusive workplace that promotes and values diversity. We ensure that all employees and candidates are treated fairly and we strive to ensure that our company is representative of all sections of society. We value people as individuals with diverse opinions, cultures, lifestyles and circumstances. Each employee should be respected and valued and able to give their best as a result. We want to ensure our workplace in London continues to be one where different voices are heard, valued and embraced – for the benefit of our employees and working culture, our clients and the quality of our work, as well as for the ultimate performance of our business. We are committed to equal opportunities for all and provide these opportunities irrespective of an individual’s race, ethnic origin, disability, age, nationality, national origin, sex or sexual orientation, gender reassignment, pregnancy or maternity, religion or belief, marital status and social class. We oppose all forms of unlawful and unfair discrimination.