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- Tasks: Lead turnaround projects for struggling businesses and implement effective recovery strategies.
- Company: Established accountancy firm known for autonomy and growth opportunities.
- Benefits: Competitive salary, discretionary bonus, and remote work flexibility.
- Why this job: Make a real difference by helping businesses recover and thrive.
- Qualifications: JIEB-qualified with extensive experience in restructuring and turnaround cases.
- Other info: Join a dynamic team with a collaborative culture and strong career development.
The predicted salary is between 78000 - 130000 ÂŁ per year.
The Director of Turnaround will lead the firm’s recovery and turnaround practice, helping distressed and underperforming businesses stabilise cash flow, protect value, and deliver sustainable performance improvement. The role combines hands-on client delivery, stakeholder management, and practice leadership across a network of regional offices. This is an exciting role, to support rapid growth at a national and very well established accountancy firm, renowned for an autonomy and freedom to operate - trusted to curate and build your own role.
Key Responsibilities
- Lead major turnaround and recovery engagements for SME and mid-market clients, from initial diagnostic through to delivery.
- Assess business viability, liquidity, and funding needs, providing clear options and actionable recommendations.
- Design and implement cash flow, cost-reduction, and working capital plans to stabilise distressed businesses.
- Negotiate with key creditors (including tax authorities) to achieve sustainable restructuring outcomes.
- Advise boards on the full range of recovery and restructuring options, collaborating with insolvency specialists where appropriate.
- Leverage your professional network to originate new opportunities and build enduring client and referrer relationships.
- Lead multi-disciplinary teams across corporate finance, tax, and advisory disciplines to deliver integrated solutions.
- Oversee project delivery, financial performance, and reporting to ensure quality, profitability, and client satisfaction.
- Represent the firm at industry events, acting as a visible ambassador for the turnaround and restructuring practice.
People Leadership
- Provide clear direction and leadership to the turnaround team, setting objectives and performance standards.
- Coach and develop team members through on-the-job learning and structured professional development.
- Promote a collaborative yet performance-driven culture aligned with firm values and sound risk management.
Candidate Profile
- JIEB-qualified insolvency or turnaround professional (mandatory), with extensive post-qualification experience.
- Proven track record leading complex, high-value restructuring or turnaround cases (“big-ticket” engagements).
- Strong UK restructuring and insolvency knowledge, including director duties and creditor negotiation.
- Demonstrable personal business network and a portable “black book” of client, lender, and adviser relationships.
- ACA/ACCA (or equivalent) also desirable.
- Exceptional financial analysis, cash forecasting, and stakeholder communication skills.
- Entrepreneurial, commercially driven, and confident in business development.
Location and Travel
This role is fully remote with some travel to client site as required.
Salary is up to ÂŁ130,000 + Discretionary Bonus.
Please do submit your CV if interested, and can arrange a time to speak.
Director of Turnaround in Norwich employer: Empresaria Group plc
Contact Detail:
Empresaria Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Turnaround in Norwich
✨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 your contacts. We all know that who you know can sometimes matter just as much as what you know.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in turnaround situations. Share specific examples of how you've helped businesses recover and thrive. We want to see your skills in action!
✨Be Ready for the Spotlight
Prepare for interviews by brushing up on your knowledge of current trends in restructuring and insolvency. We want to hear your thoughts on the latest challenges and solutions in the field. Show them you’re not just a candidate, but a thought leader!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make it happen!
We think you need these skills to ace Director of Turnaround in Norwich
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Director of Turnaround role. Highlight your JIEB qualifications and any relevant turnaround projects you've led, as this will show us you're the right fit for the job.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about turnaround management and how your experience can help our clients. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Network: Since building relationships is key in this role, don’t forget to mention your professional network. Let us know about your connections and how they could benefit our firm. This will demonstrate your ability to originate new opportunities and strengthen client relationships.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our culture and values!
How to prepare for a job interview at Empresaria Group plc
✨Know Your Turnaround Strategies
Make sure you brush up on the latest turnaround strategies and frameworks. Be ready to discuss specific cases where you've successfully implemented these strategies, as this will show your hands-on experience and understanding of the role.
✨Showcase Your Network
Since building relationships is key in this role, come prepared with examples of how you've leveraged your professional network in past roles. Highlight any significant connections that could benefit the firm and demonstrate your ability to originate new opportunities.
✨Demonstrate Financial Acumen
Be ready to dive deep into financial analysis and cash flow management during the interview. Prepare to discuss your approach to assessing business viability and how you've designed actionable recommendations in previous turnaround situations.
✨Leadership Style Matters
As a Director, your leadership style will be crucial. Think about how you can articulate your approach to coaching and developing team members. Share examples of how you've fostered a collaborative culture while driving performance, as this aligns with the firm's values.