Manager, Business Restructuring Services 8/12/2016

BDO USA, LLP New York, NY

Company
BDO USA, LLP
Job Classification
Full Time
Company Ref #
8876BR
AJE Ref #
575857183
Location
New York, NY
Experience
Entry Level (0 - 2 years)
Job Type
Regular
Education
Bachelors Degree

JOB DESCRIPTION

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Job Summary
BDO s Core Purpose is Helping People Thrive Every Day. Our Core Values reflect how we manage our work, our relationships and ourselves. As an employee of the firm, you will live true to our Core Values of people first, being exceptional every day in every way, embracing change, feeling empowered through knowledge and choosing accountability. Our Core Values are the standards by which we conduct ourselves day in and day out, both internally and externally.

The BRS Manager is responsible for executing and leading a team of BRS Staff in business restructuring and bankruptcy related engagements, including bankruptcy litigation and financial due diligence, and addressing complex questions and issues under the direction of a BRS Partner, Director or Senior Manager. The BRS Manager also assists with marketing, networking and business development activities for the BRS Group, including proposal preparation.

Bankruptcy Restructuring Services
- Marketing and New Business Development Activities:
- Assists Partners, Managing Directors, Directors and Senior Managers in identifying and pursuing new business opportunities
- Assists BDO pitch team in preparing for new business opportunities and responding to inquiries
- Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
- Prepares majority of pitch book for new business opportunity, including cover letter and assist in conflict check process.
- Conducts and clears conflict checks and prepares draft retention affidavits or engagement letters; ensures compliance with all other court filing requirements
- Begins to build network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.)
- Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)

- Engagement Project Leadership:
- Assists engagement director or partner in executing engagement
- Presents BDO work product to counsel or client and responds to questions
- Interacts with counsel or company management on complex operational, restructuring or bankruptcy issues
- Possesses strong financial restructuring and bankruptcy technical skills, including ability to identify bankruptcy or financial restructuring related issues
- Possesses strong ability to analyze cash flow projections and identify issues
- Evaluates management to determine ability to operate and reorganize business operations
- Assists with the preparation and/or ensures the disclosure statement and reorganization plan meet all required financial and bankruptcy requirements
- Reviews reorganization/liquidation plan, evaluate plans for client and identifies issues
- Evaluates alternative courses of action and potential solutions to achieve best result for client

Due Diligence / Transaction Support Services
- Acts as a key member of financial due diligence (MA or lender) engagements, including quality of earnings, analysis of cash flows, ABL, etc.
- Prepares reports for clients highlighting work performed, issues identified and BDO recommendations
- Reviews, analyzes and makes recommendations related to financial projections and pro forma financial statements
- Identifies potential purchase price adjustments, non-recurring items or other unusual items for client
- Coordinates with other BDO practices in relation to technical issues, such as valuation, tax structuring, and purchase price allocations

Other duties as required

Supervisory Responsibilities:
- Supervises the day-to-day workload of BRS Senior Associates and Associates on assigned engagements; reviews work product, provides timely performance reviews and assists in the development of goals and objectives to enhance staff professional development
- Provides on-the-job training for all BRS Senior Associates and Associates on each engagement
- Acts as Career Advisor to BRS Senior Associates and Associates, as appropriate

Qualifications
Education:
- Bachelors degree in Accounting, Finance or other relevant field required
- MBA or other relevant advanced degree beneficial

Experience:
- Six (6) years of prior experience performing business restructuring or related consulting services required
- Prior experience working within a national public accounting firm or consulting organization preferred
- One to two years of management experience preferred

License/Certifications:
- CIRA designation preferred
- CPA and CTP certifications beneficial

Software:
- Proficient in the use of Microsoft Office Suite, specifically Excel, Word and PowerPoint

Other Knowledge, Skills Abilities:
- Excellent oral and written communication skills, including the ability to review work product developed by others
- Willingness to go above and beyond to provide superior work product while meeting engagement deadlines
- Solid analytical skills, including ability to identify issues and anomalies
- Solid organizational skills especially ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently or within a group environment
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Ability to effectively managing staff and delegate work assignments as needed
- Ability to build and maintain strong relationships with internal and client personnel
- Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
- Management presence and ability to act as key contact on assigned engagements, while timely keeping Directors and Partners informed of progress
- Ability to develop financial models, especially integrated PL with balance sheets and cash flows
- Solid knowledge of debt and lease restructuring, cash flow and balance sheets, along with liquidation analysis
- Solid knowledge of bankruptcy and insolvency process

MON

BDO USA, LLP is an EO employer M/F/Veteran/Disability

Additional Benefits

Usual corporate benefits.