Job Summary: The TRS Senior Associate is responsible for executing, leading, and training a team of TRS 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 TRS Principal, Director or Senior Manager. Job Duties: General:
- Partners with the TRS leaders and decision-makers
- Creates interactive models and operational and financial analysis and prepares financial memorandums, reporting packages, and other financial presentations
- Prepares and analyzes complex, detailed cash flow forecasts and financial models together with assumptions and detailed supporting schedules
- Reviews and analyzes financial statements, recommending changes or highlighting unexpected results
- Functions as a business advisor to clients
- Supports business development activities with appropriate financial research, including preparation of new business proposals
- Works in crisis environments while delivering consistent high-quality work in an accelerated fashion
- Other duties as required
Turnaround/Restructuring:
- Collaborates with debtor clients in restructuring the client's businesses in and out of Chapter 11
- Assists with refinancing efforts and sale transactions
- Assists clients with downsizing operations, and meeting operational and financial goals
- Assists creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
- Evaluates management to determine ability to operate and reorganize
- Ensures compliance with all court filing requirements under a formal proceeding
- Investigates transactions with insiders, financial institutions and other creditors to determine causes of action
- Assists engagement leaders with financial, operational, and strategic oversight and responsibility in a distressed interim financial management capacity
- Supports growth strategy and performance improvement plan implementation in a distressed environment
Supervisory Responsibilities:
- Supervises the day-to-day workload of TRS Associates and Interns on assigned engagements and reviews work product
- Ensures TRS Associates and Interns are trained on all relevant software and resources
- Delivers periodic performance feedback and completes performance evaluations for TRS Associates and Interns
- Acts as mentor to TRS Associates and Interns, as appropriate
Qualifications, Knowledge, Skills and Abilities: Education:
- Bachelor's degree in Accounting or Finance, required
Experience:
- Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery or restructuring services, required
- Prior experience working within a national public accounting firm or consulting organization, preferred
- Strong financial analysis and complex modeling skills including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations and the due diligence processes, preferred
License/Certifications:
- CPA certification, preferred
- CTP and/or CIRA designation, preferred
Software:
- High proficiency in the use of Microsoft Office Suite, required
Other Knowledge, Skills & Abilities:
- Excellent verbal and written communication skills
- Superior analytical and research skills
- Ability to structure complex analyses, gather and analyze data and provide insights
- 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
- Excellent research abilities including familiarity with Capital IQ as well as other research sources
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Capable of effective managing a team of professionals and delegating work assignments as needed
- Capacity to build and maintain strong relationships with client personnel
- Willingness to travel as required
- Ability to successfully interact with professionals at all levels, inside and outside of BDO, including attorneys, financial advisors, clients and prospects
- Superior interpersonal, communication, marketing, sales and organizational skills
- Intermediate knowledge of bankruptcy and insolvency process
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography. National Range: $80,000 - $105,000 Maryland Range: $80,000 - $105,000 NYC/Long Island/Westchester Range: $80,000 - $105,000
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