Description

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all. The exceptional EY experience. It's yours to build.

EY Parthenon - Turnaround & Restructuring - Restructuring (Manager) (Multiple Positions) (1689314), Ernst & Young U.S. LLP, Los Angeles, CA

Manage and supervise staff on engagement projects to enable clients to develop financial and operational strategies to improve liquidity, credit availability, and shareholder return. Contribute to the team with technical and analytical skills and knowledge of financial restructuring services. Advise distressed companies and debtors on financial turnaround planning; viability diligence, cash flow analysis, and cash forecasting; and restructuring alternatives, including review of debt services. Support distressed companies and debtors with negotiations with lenders. Prepare complex financial analyses and models. Conduct due diligence investigations of client companies. Prepare memoranda and presentations describing the key attributes of client companies and industries. Perform comparables analysis. Gather and assimilate market data into usable reports. Provide input on deal-related structuring and strategic decisions. Advise stakeholders, secured creditors, and investors on assessment of viability, cash flow review, and security review. Evaluate corporate finance strategy. Assist engagement Partners in defining the scope of work, clearing conflicts, budgeting issues, and dealing with staff resource planning. Deliver detailed financial and commercial analysis to clients including identifying key issues and potential areas of sensitivity. Identify business development activities to sell work through development of internal and external client relationship networks.

Full time employment, Monday - Friday, 40 hours per week, 8:30 am - 5:30 pm.

MINIMUM REQUIREMENTS:

Bachelor's degree in Business Administration, Finance, Accounting, Economics or a related field plus 5 years of progressive, post-baccalaureate related work experience. Alternatively, will accept a Master's degree in Business Administration, Finance, Accounting, Economics or a related field plus 3 years of related work experience.

Of the required work experience, must have 3 years performing quantitative or qualitative analysis.

Must have 3 years of combined experience performing financial restructuring and/or advisory work on behalf of creditors or distressed companies.

Must have 2 years of experience in project management and in supervising engagement teams comprised of 1 or more team members.

Must have 1 year of experience applying business accounting concepts, including profit and loss and Excel modeling.

Must have 3 years of financial modeling and valuations experience.

Travel required up to 80%, of which 20% may be international.

Employer will accept any suitable combination of education, training, or experience.

Please apply on-line at ey.com/en_us/careers and click on "Careers - Job Search", "See All", then "Experienced Professionals" (Job Number - 1689314).

What we offer

We offer a comprehensive compensation and benefits package where you'll be rewarded based on your performance and recognized for the value you bring to the business. The base salary for this job is $220,005.00 per year. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

• 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.

EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It's yours to build.
EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

For those living in California, please click here for additional information.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities, including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY's Talent Shared Services Team or email SSC Customer Support at ssc.customersupport@ey.com.

This particular position at Ernst & Young in the United States requires the qualified candidate to be a "United States worker" as defined by the U.S. Department of Labor regulations at 20 CFR 656.3. You can review this definition at https://www.gpo.gov/fdsys/pkg/CFR-2011-title20-vol3/pdf/CFR-2011-title20-vol3-sec656-3.pdf at the bottom of page 750. Please feel free to apply to other positions that do not require you to be a "U.S. worker".
Requisition #: 1689314

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