Manager Transaction Advisory Services

Aerio Partners; Illinois; Hybrid; USD 125,000 - 150,000; Full time

Benefits offered by this job

Hybrid work environment

Job summary

Aerio Partners in Chicago, IL seeks a Manager to lead Buy-side and Sell-side Financial Due Diligence engagements, review Quality of Earnings analyses, and mentor junior staff in a growing TAS practice.

You will partner with Directors and Managing Directors, evaluate EBITDA adjustments and working capital analyses, and communicate findings to private equity sponsors and strategic buyers in a collaborative hybrid environment.

Qualifications

• Progressive FDD / TAS experience with multiple transactions.
• Strong hands-on Quality of Earnings experience.
• Experience reviewing and coordinating work of junior staff.

Responsibilities

• Lead and manage buy-side and sell-side FDD engagements.
• Review earnings quality analyses and EBITDA adjustments.
• Evaluate working capital and debt-like analyses for transactions.
• Analyze historical financial performance and transaction data.

Skills

Financial due diligence

Quality of Earnings

Quality of Revenue

Excel / financial modeling

EBITDA adjustments

Working capital analysis

Client-facing

Team leadership

Tools

Excel

Job description

Manager - Transaction Advisory Services / Financial Due Diligence

Location: Chicago, IL | Nashville, TN | Dallas, TX

Work Model: Hybrid / office-based with flexibility

Compensation: Approximately $125K-$150K base + ~20% target bonus

Aerio Partners is partnered with a growing national advisory firm that is actively expanding its Transaction Advisory Services / Financial Due Diligence practice.

The firm is adding experienced Managers who can lead portions of engagements, review Senior-level work and continue developing toward Senior Manager, Director and broader client ownership.

What You'll Do

• Lead and execute buy-side and sell-side Financial Due Diligence engagements
• Perform and review Quality of Earnings and Quality of Revenue analyses
• Evaluate EBITDA normalization and proposed adjustments
• Review Net Working Capital and debt/debt-like analyses
• Analyze historical financial performance and transaction data
• Review financial models and diligence work prepared by Senior Associates
• Identify errors, risks, anomalies and key transaction considerations
• Communicate findings directly to executives, private equity sponsors and strategic buyers
• Mentor and develop junior team members
• Partner closely with Directors and Managing Directors on client engagements

What We're Looking For

• Progressive Financial Due Diligence / Transaction Advisory experience
• Strong hands-on Quality of Earnings experience
• Ability to independently review Senior Associate work
• Strong Excel and financial modeling capabilities
• Experience identifying and supporting EBITDA adjustments
• Working capital and debt/debt-like analysis experience
• Client-facing experience
• Big 4, national advisory or strong middle-market FDD/TAS background preferred
• Healthcare transaction exposure strongly preferred, but not an absolute requirement

Candidates should have true FDD experience across multiple transactions, rather than general M&A, audit or internal corporate transaction exposure.

Why Consider It?

The practice is adding senior leadership and intentionally building the team underneath those leaders, creating meaningful opportunity for advancement.

Managers can gain significant exposure to senior decision-makers, both buy-side and sell-side transactions, and increasing client ownership without waiting behind a large promotion class.

The group offers a collaborative culture, strong leadership and a flexible hybrid environment that still values face time and in-person development.