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Corporate Turnaround (Restructuring) – Assistant Director or Senior Executive

The Opportunity

In today’s rapidly-changing market, businesses must be able to nimbly address challenges as they arise. Many organisations discover that losing key employees, facing critical customer or supply issues, and/or dealing with deteriorating margins and liquidity can cause otherwise healthy companies to quickly shift into stress or even distress. EY’s market-leading Turnaround team helps our clients anticipate and address these types of challenges by providing situational interventions and pragmatic leadership at critical times. Whether our clients are companies, government organisations, or financial stakeholders, we work with urgency alongside them to jointly identify and deliver the practical solutions (strategic, financial and organisational) that are needed under the circumstances. Providing leadership in difficult and complex situations, EY’s Turnaround team rapidly solves, executes and ultimately transforms the outcome for our clients.

The Turnaround team is part of EY’s Turnaround and Restructuring Strategy (TRS) team. TRS is a growing team expecting a significant uptick in its market during 2023, 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. The team has an inclusive culture where you can bring your whole self to work with a good balance of hybrid working and enjoyable team environment.

Your Key Responsibilities

As a Corporate Turnaround Senior Executive, you will take responsibility for our full-time efforts on the ground with clients, working as a credible and visible member of joint EY-client teams. While the specific role on the ground may vary from one engagement to the next, as a Senior Executive, you should be prepared to pragmatically coordinate all turnaround activities as a programme manager or to take responsibility for individual work streams. Above all, you will ensure all client work is delivered to a high standard of quality. At Assistant Director level you may additionally be required to lead / coordinate the overall programme, potentially overseeing multiple EY workstreams and being the main day-to-day POC for Board level client executives

We also expect our Assistant Directors and Senior Executives to play a supporting role in Turnaround origination and new business development efforts by qualifying targets, helping to develop robust points of view on pursuits, Taking control on critical pitches and preparing compelling go-to-market collateral. We expect you to establish, maintain and strengthen internal and external relationships to help build the profile of our team. Assistant Directors should be prepared to join the pitch team and help present our offering to clients

You will also help to establish the basic building blocks for the team to win and deliver Turnaround work in a consistent and compelling way; supporting the maturation of the team’s turnaround proposition, and supporting Partners and Directors in new opportunity pipeline development.

As an influential member of the team, you'll help to create a supportive, inclusive and nurturing team environment with a positive learning culture. Your role will include coaching and counselling junior team members to help them develop.

Skills and Attributes for Success as an Assistant Director or Senior Executive

• 
  Ability to develop and implement Turnaround (or operational restructuring) plans.
• Strategic acumen to understand the bigger picture and solve problems.
• Desire to put in the hard work to deliver
• Strong (pragmatic) project management skills are essential
• Excellent financial analysis skills
• Exceptional communication skills, including the ability to create clear and compelling PowerPoint presentations
• Emotional intelligence
• Experience desirable in several of:
  • Rapid cost reduction
  • Liquidity forecasting and crisis cash management
  • Cash and working capital improvement
  • Strategic profit improvement
  • Business (financial) planning
  • Footprint optimisation
  • Understanding and navigating sensitive stakeholder environments

To qualify for the role you must have

• 
  Spent the bulk of your career working company-side
• Situational (turnaround and crisis management) pedigree
• Experience working in a turnaround boutique and/or within a Big 4 company-side restructuring team (ideally)
• Also would consider candidates with demonstrable turnaround expertise honed in a strategy firm, PE and/or industry

You should also have

• 
  A hands-on approach and can get things done
• A results-focused mindset (at pace)
• Strong strategic and financial acumen
• Board credibility
• An ability to influence and build consensus in contentious situations and organisations

What we look for

We are looking for candidates who are highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is important as is the desire to work flexibly throughout a period a growth within the Corporate Turnaround Restructuring team.

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. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

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

Join us in building a better working world.

Apply now.