At a Glance
- Tasks: Lead restructuring engagements and deliver innovative solutions for stressed businesses.
- Company: Join EY, a global leader in financial restructuring with a diverse and inclusive culture.
- Benefits: Enjoy continuous learning, flexible working, and the chance to make a meaningful impact.
- Why this job: Be part of a fast-paced team that values your unique contributions and supports your growth.
- Qualifications: Proven experience in restructuring, strong analytical skills, and a professional accountancy qualification.
- Other info: Collaborative environment with opportunities for personal development and leadership.
The predicted salary is between 72000 - 108000 £ per year.
At EY, we are all in to shape your future with confidence. We will help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
The Opportunity
EY's Financial Restructuring (FR) team is one of the leading teams of its kind in the market, working with stressed and challenged businesses. TRS is part of EY's Parthenon, working with companies and stakeholders at times of change. Our clients can be company boards of directors, government bodies, or financial stakeholders like lenders or shareholders. They might be on the brink of a crisis or simply looking to build greater resilience into their operations. In FR, we work closely with our clients to deliver the financial and organisational solutions that enable them to adapt and succeed or minimise the downside risks they are facing.
The work involves understanding the drivers of value in a business and problem-solving to manage the priorities of competing stakeholders. People who flourish in FR think broadly about what drives value in a company's performance and the factors that can drive underperformance or failure. Many of our strong performers have moved from other disciplines (Audit, Tax, Forensics) or wider SaT and have varied experience and knowledge which can be applied to a range of project situations. In FR, we are experiencing an increase in demand for our services, so there is real opportunity to develop and grow your career. The team is welcoming and inclusive with a good balance of hybrid working and an enjoyable team environment where you can bring your whole self to work.
Your Key Responsibilities
- Manage the restructuring engagement by defining the engagement scope in consultation with the Partner and executing it in compliance with our policies and protocols.
- Take responsibility for leading engagements, reporting to the engagement Partner, project managing the rest of the team, coordinating deliverables from teams tasked to deal with discreet aspects of assignments, communicating issues to the Partner, and driving the project to completion with limited supervision from the Partner.
- Establish and nurture relationships both inside EY with different specialist teams across the firm and externally with client staff or business intermediaries.
- Fit into our positive learning culture from day one, bringing your existing skills/knowledge and coaching people where relevant.
Skills and Attributes for Success
- Financial analysis and scenario modelling to support decision making and awareness of the key drivers of corporate failure or underperformance.
- Commercial acumen using knowledge and insight gained from client work and applying your understanding of the wider business environment.
- Ability to proactively lead engagement teams and find pragmatic and commercial solutions to restructuring challenges.
- Experience in presenting findings clearly in reports, presentations, and other deliverables to clients.
- Ability to share technical and other knowledge with the team drawing on previous experience and current learning.
- Demonstrate professionalism and confidence to deal with a range of stakeholder groups and management teams.
- Excellent project management skills with the ability to manage more than one assignment at a time while demonstrating quality and consistency of performance in every task.
- Desire to support the people development of FR, contributing to or leading training courses, recruitment, and team/wellbeing activities.
- Strong appreciation of risk management.
- Good market presence and personal network.
To qualify for the role you must have:
- Proven track record within a recognised Restructuring team.
- Experience of leading options analysis, contingency planning, and formal corporate insolvencies as well as experience of financial advisory business reviews, comparator reports for Schemes/Restructuring Plans, and liquidity reviews.
- A professional accountancy qualification (ACA/ACCA or equivalent) and potentially a pass in the JIEB corporate exam paper.
- Strong personal network and the ability to build strong external relationships within the market and across other services.
- Appreciation of the risks inherent in advising stressed and distressed businesses and their stakeholders.
- People development experience and the ability to effectively supervise, coach, and mentor staff.
Ideally, you'll also have:
- Your own network of market contacts with work providers.
What we look for
We are looking for candidates who are highly motivated, ambitious, and have a passion to be part of a fast-paced successful team where we encourage everyone to bring their whole self to work. Being a collaborative team player is important as well as someone who is happy to work flexibly throughout a period of growth within FR.
What we offer
- Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We'll provide the tools and flexibility so you can make a meaningful impact your way.
- Transformative leadership: We'll give you the insights, coaching, and confidence to be the leader the world needs.
- Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
EY is building a better working world by creating new value for clients, people, society, and the planet while building trust in capital markets. Enabled by data, AI, and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
Director, EY Parthenon, Strategy & Execution, Restructuring, London employer: About EY-Parthenon
Contact Detail:
About EY-Parthenon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, EY Parthenon, Strategy & Execution, Restructuring, London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Tip Number 2
Prepare for those interviews! Research EY’s values and recent projects, especially in restructuring. Be ready to discuss how your experience aligns with their needs. Practise common interview questions and have your own questions ready to show you’re genuinely interested.
✨Tip Number 3
Showcase your expertise! Bring examples of your past work to the table. Whether it’s financial analysis or project management, having tangible evidence of your skills can really impress the interviewers and set you apart from the competition.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email to express your appreciation for the opportunity. It’s a simple gesture that can leave a lasting impression and keep you top of mind as they make their decision.
We think you need these skills to ace Director, EY Parthenon, Strategy & Execution, Restructuring, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Restructuring Director. Highlight your relevant experience in financial analysis, project management, and stakeholder engagement. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about restructuring and how your background makes you a perfect fit for our team. Don't forget to mention your desire to contribute to a better working world!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to lead teams and manage complex projects. We love seeing quantifiable results, so if you've improved processes or saved costs, shout about it!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it's super easy!
How to prepare for a job interview at About EY-Parthenon
✨Know Your Stuff
Make sure you brush up on your financial analysis and scenario modelling skills. Be ready to discuss how you've applied these in past roles, especially in restructuring contexts. This will show that you understand the key drivers of corporate performance and can think critically about underperformance.
✨Build Relationships
Since relationship-building is crucial in this role, think about how you can demonstrate your networking skills. Prepare examples of how you've nurtured relationships with clients or stakeholders in previous positions. This will highlight your ability to connect with others and establish trust.
✨Showcase Your Leadership
Be prepared to talk about your experience leading teams and managing projects. Share specific examples where you successfully guided a team through a challenging restructuring process. This will illustrate your project management skills and your ability to motivate and develop others.
✨Embrace the Culture
EY values a positive learning culture, so come ready to discuss how you’ve contributed to team development in the past. Think about instances where you’ve coached or mentored colleagues, as this will show that you align with their inclusive and supportive environment.