Business Valuation Advisory - Senior Manager

CohnReznick; Chicago (IL); Hybrid; USD 150,000 - 250,000; Full time

Benefits offered by this job

Generous PTO

Flexible work environment

Expanded parental leave

Learning & development

Volunteer time off

Job summary

CohnReznick is hiring a Senior Manager for its Valuation Advisory practice in Illinois. The role involves leading valuation analyses across industries, developing complex financial models, and supervising a team while coordinating with multiple service lines.

Emphasizes client relationship building and business development. The position offers a hybrid work arrangement with in-office collaboration about 3 days per week, competitive salary in the Illinois range, and a comprehensive rewards

Qualifications

• Bachelor’s degree in finance, accounting, economics, mathematics, business administration, or a related field.
• A valuation credential such as ASA, CPA/ABV, CFA, or equivalent.
• 8+ years of experience performing and reviewing business valuations at a Big Four/top 20 firm or national valuation firm.
• Minimum of 5 years in a supervisory role.
• Strong background in fair value measurement and financial reporting (ASC 805, ASC 350, ASC 718).
• Leadership, business development, training and mentoring skills.
• Excellent analytical, problem-solving, and financial modeling skills.
• Ability to manage multiple engagements with competing priorities.

Responsibilities

• Plan, execute, direct, review, and complete valuation analyses and reports for various purposes across industries.
• Develop complex financial analyses and models.
• Ensure quality control and accuracy of client deliverables.
• Supervise VAS engagements and coordinate multiple service lines.
• Collaborate with Assurance Team on documentation for fair value measurements.
• Understand and manage firm risk on projects.
• Manage client expectations and deadlines; lead change efforts.
• Develop and maintain client relationships and cross-sell services.
• Lead business development activities and proposals.

Skills

Leadership

Business development

Mentoring

Financial modeling

Analytical skills

US GAAP

Capital IQ

Excel

Communication skills

Team collaboration

Education

Bachelor’s degree in finance or accounting

Master’s degree a plus

Tools

Capital IQ

Microsoft Word

Microsoft Excel

PowerPoint

Job description

As CohnReznick grows, so do our career opportunities. As one of the nation’s top professional services firms, CohnReznick creates rewarding careers in advisory, assurance, and tax with team members who value innovation and collaboration in everything they do!

CohnReznick helps organizations optimize performance, manage risk, and maximize value through CohnReznick LLP (assurance services) and CohnReznick Advisory LLC (advisory and tax services). Together, the firm provides leaders with deep industry knowledge and relationships, solutions to address clients’ unique business goals and risks, and insight on how emerging market forces can drive opportunity. With offices nationwide, the firm serves organizations around the world as an independent member of Nexia.

We currently have an exciting career opportunity for a Senior Manager to join our Valuation Advisory practice.

CohnReznick is a hybrid firm and most of our professionals are located within a commutable distance to one of our offices. This position is considered hybrid which means team members are expected to be thoughtful and intentional in how they create opportunities for in-person collaboration. While the cadence of in-office presence is determined at the team level, our professionals are encouraged to be in the office/together in person on average 3 days a week.

YOUR TEAM.

This position will support our Valuation Advisory group. This group provides a wide suite of services to clients, giving you the opportunity to learn, grow, and build out your skills. As a member of this team, you’ll interact with team members across all levels within the practice.

WHY COHNREZNICK?

At CohnReznick, we’re united by a common mission to create opportunity, value, and trust for our clients, our people, and our communities. Whether it’s working alongside your peers to solve a client challenge, or volunteering together at the local food bank, there are so many ways to find your “why” at the firm.

We believe it’s important to balance work with everyday life – and make time for enjoyment and fun. We invest in a robust Total Rewards package that includes everything from generous PTO, a flexible work environment, expanded parental leave, extensive learning & development, and even paid time off for employees to volunteer.

YOUR ROLE.

Responsibilities Include But Not Limited To

• Plan, execute, direct, review, and complete valuation analyses and reports for businesses and equity interests for financial reporting, tax, and corporate and strategic planning purposes across a variety of industries, including, but not limited to, technology, life sciences, consumer products, hospitality, manufacturing and distribution, construction, cannabis, and healthcare.
• Develop complex financial analyses and financial models.
• Responsible for quality control and accuracy of client deliverables.
• Supervise and oversee all aspects of VAS engagements throughout the transaction process, and coordinate the work performed by multiple service lines.
• Work closely with the Assurance Team to review and prepare documentation for assurance clients and related fair value measurements.
• Understand and manage firm risk on projects and proposals.
• Manage client expectations concerning project deliverables and deadlines and lead change efforts effectively.
• Work closely with managers and partners to promptly identify and resolve client problems or issues.
• Develop and maintain strong client relationships and cross-sell services.
• Manage business development activities, such as proposals, account teams, industry practice groups, conferences, developing white papers and/or other thought leadership material.
• Meet or exceed sales targets for new and follow-on work.
• Mentor, supervise, train, and develop managers and staff; provide performance feedback and recommendations for improvement.
• Improve internal processes, procedures, policies, analyses, and models.

Your Experience.

The successful candidate will have:

• Bachelor’s degree in finance, accounting, economics, mathematics, business administration, or a related field. A Master’s degree is a plus.
• ASA, CPA/ABV, CFA, or another valuation credential.
• 8+ years of experience performing and reviewing business valuations for financial reporting, transactional and corporate planning, and tax purposes at a Big Four or top 20 public accounting and advisory firm or a national valuation firm.
• Minimum of 5 years functioning in a supervisory role.
• Demonstrated experience and a strong technical background in business valuations for fair value measurement and financial reporting (e.g., ASC 805, ASC 350, ASC 718) and for transactional/corporate planning and tax purposes (e.g., buy/sell, shareholder buyout, estate and gift tax, 409A).
• Strong leadership, business development, training, and mentoring skills.
• Excellent analytical, problem-solving, and root-cause analysis skills.
• Strong analytical and financial modeling skills.
• Ability to work independently on multiple engagements with competing priorities in a rapidly growing, fast-paced, collaborative, and results-oriented environment.
• Strong knowledge of corporate finance, financial accounting, and US GAAP..
• Strong written and verbal communication and presentation skills.
• Ability to work collaboratively as part of a team in a deadline-driven environment.
• Action-oriented and decisive, with a willingness to take a hands-on role in delivering high-quality work on time and within budget; a natural self-starter and independent thinker.
• Highly motivated, with a positive attitude.
• Willingness to travel as needed.
• High proficiency in Microsoft Excel, Word, and PowerPoint, as well as Capital IQ.
• Proven ability to interact directly with senior client personnel and key decision makers.

In addition, please take a moment to review our Universal Job Standards.

Studies have shown that we are less likely to apply to jobs unless we meet every single qualification. At CohnReznick, we are dedicated to building a diverse, equitable, and inclusive workplace, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or one of our other roles.

In Illinois, the salary range for an Advisory Senior Manager is $150,000 to $250,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. Salary is one component of the CohnReznick total rewards package, which includes a discretionary performance bonus, generous paid time off, expanded and inclusive parental benefits, and access to best-in-class learning and development platforms, to name a few. To learn more about life at CohnReznick, visit Life at CohnReznick."CohnReznick" is the brand name under which CohnReznick LLP and CohnReznick Advisory LLC and their respective subsidiaries provide professional services. CohnReznick LLP and CohnReznick Advisory LLC (and their respective subsidiaries) practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. CohnReznick LLP is a licensed CPA firm that provides attest services to its clients. CohnReznick Advisory LLC provides tax and business consulting services to its clients. CohnReznick Advisory LLC and its subsidiaries are not licensed CPA firms.

CohnReznick is an equal opportunity employer, committed to a diverse and inclusive team to drive business results and create a better future every day for our team members, clients, partners, and communities. We believe a diverse workforce allows us to match our growth ambitions and drive inclusion across the business. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. For more information, please see Equal Employment Opportunity Posters.

If you are an individual with a disability in need of assistance at any time during our recruitment process, please contact us at [e-mail]. Please note: This email address is reserved for individuals with disabilities in need of assistance and are not a means of inquiry about positions or application statuses.

CohnReznick does not accept unsolicited resumes from third-party recruiters unless such recruiters are currently engaged by CohnReznick Talent Acquisition Team by way of a written agreement to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that CohnReznick will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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