Senior Executive (Manager), EY-Parthenon, South West & South Wales

Ernst & Young Advisory Services Sdn Bhd; Bristol; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking motivated individuals to join their Turnaround and Restructuring Strategy team in Bristol. This role offers the chance to work with a diverse range of clients, from distressed businesses to government bodies, helping them navigate challenging times. The team thrives on collaboration and inclusivity, providing a supportive environment for professional growth. With a focus on commercial acumen and problem-solving, you will play a vital role in delivering financial solutions that drive value. If you are passionate about making an impact and eager to develop your career in a fast-paced setting, this opportunity is for you.

Benefits

Flexible Working

Career Development Support

Health and Well-being Benefits

Insurance Options

Discounts and Promotions

Qualifications

• Professional accountancy qualification is essential.
• Experience in restructuring and financial analysis is crucial.

Responsibilities

• Manage restructuring engagements and define project scope.
• Develop relationships internally and externally for business development.
• Coach and mentor junior team members for their development.

Skills

Commercial Acumen

Relationship Building

Financial Analysis

Problem Solving

Presentation Skills

Project Management

Coaching and Mentoring

Stakeholder Management

Education

Professional Accountancy Qualification

Tools

MS Excel

MS Word

MS PowerPoint

Job description

Location: Bristol

Other locations: Anywhere in Region

Date: 3 Jan 2025

Requisition ID: 1546485

With huge amounts of economic disruption and uncertainty in today's market, companies and other organisations are facing real challenges to thrive or even survive. Having the right strategy in place to restructure or turn around an organisation can help turn adversity into opportunity. In Turnaround & Restructuring Strategy (TRS) we work with all types of stakeholders in critical situations to transform, create, preserve, or recover value.

The Opportunity

EY’s Turnaround and Restructuring Strategy team is one of the leading teams of its kind in the market, working with stressed and challenged businesses. TRS is part of EY’s Strategy & Transactions business, working with companies and stakeholders at times of change, and often at an exciting pace. TRS covers a number of different sub-business units and geographies in the UK and you may have the opportunity to work across different teams in your career with TRS.

Our clients can be companies, government bodies or financial stakeholders like lenders or shareholders. They might be on the brink of a crisis, or simply looking to build greater resilience into their business. In TRS we work closely with our clients to deliver the financial and organisational solutions that enable them to adapt and succeed or minimise the downside risks that they are facing. The work involves understanding the drivers of value in a business and problem solving to manage the priorities of competing stakeholders. People who flourish in TRS have a commercial mindset and think broadly about what drives value in a company’s performance and the factors that cause underperformance or failure.

TRS is a growing team which has experienced a significant uptick in its market during 2024, so there is real opportunity to develop and grow your career. Whilst we do work at pace at times, the team is a welcoming and inclusive place with a good balance of hybrid working and an enjoyable team environment.

Your Key Responsibilities

1. Manage the restructuring engagement by defining the engagement scope, in consultation with the Senior Manager / Partner, and deliver it in compliance with our policies and protocols.
2. Depending on the size and type of project, you may be part of a large project team or lead a smaller team yourself, with all the support you need from peers and senior team members to help you learn and flourish in these roles.
3. Establish and nurture relationships – both inside EY with different specialist teams across the firm, and externally as relationship-building is an important and valued skill in TRS.
4. Develop your own external network of peer-level contacts at various organisations that refer work to us, including local firms of solicitors, lenders, and corporate clients.
5. Fit into our positive learning culture from day one, bringing your existing skills/knowledge to coach others in the team where it is relevant.
6. Coach and counsel junior team members to help them develop.

Skills and Attributes for Success

1. Display a high level of commercial acumen and an awareness of the key drivers of corporate failure or underperformance.
2. Have strong relationship-building skills and be able to demonstrate empathy and understanding in challenging circumstances.
3. Proficient in detailed financial and commercial analysis and able to identify potential areas of sensitivity, ideally with advanced ability to use MS Excel, Word, and PowerPoint.
4. Able to identify key issues on assignments and suggest workable solutions.
5. Experienced in presenting findings clearly and concisely in reports and other deliverables to clients.
6. Assist in managing the financial aspects of engagements by organising staffing, tracking time costs and fees, and communicating issues to project leaders.
7. Demonstrate professionalism and confidence to deal with a range of stakeholder groups and management teams.
8. Understand the capabilities of the firm, looking for opportunities to bring other specialists into the restructuring assignment to achieve the best solution.
9. Conduct performance reviews and contribute to performance feedback for staff.
10. Desire to support the people development of TRS – contributing to or leading training courses, recruitment, and team/wellbeing activities.
11. Desire to learn and be proactive in seeking formal and informal learning and training opportunities.

To qualify for the role you must have

1. Professional accountancy qualification.
2. Previous experience of working within a Restructuring environment.
3. Experience of undertaking short term cash flow reviews, independent business reviews, and formal corporate insolvencies.
4. The ability to build strong internal relationships within Restructuring and across other services, and can actively participate in business development.
5. Skills or desire to be a good manager of people – providing feedback and performance reviews to junior staff.
6. Appreciation of the risks inherent in advising distressed businesses and their stakeholders.

Ideally, you’ll also have

1. CPCI qualification an advantage but not essential.
2. People development experience and can effectively supervise, coach, and mentor staff.
3. Own network of contacts with work providers, or will understand how to build one.

What we look for

We are looking for candidates who are highly motivated, ambitious, and have a passion to be part of a fast-paced, successful team where we encourage everyone to bring their whole self to work. Being a collaborative team player is also important as well as someone who is happy to work flexibly throughout a period of growth within TRS.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings, and a wide range of discounts, offers, and promotions.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.