EY Parthenon - Manager - Turnaround Restructuring Strategy

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We’ll 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

At EY-Parthenon, our unique combination of transformative strategy, transactions, tax and corporate finance delivers real-world value – solutions that work in practice, not just on paper. Benefiting from EY’s full spectrum of services, we’ve reimagined strategic consulting to work in a world of increasing complexity. With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, boards, private equity and governments every step of the way.

As part of our Turnaround and Restructuring Strategy team you will you’ll work across a variety of deals to develop your capabilities, and you will help clients find financial, strategic and operational solutions to improve liquidity, credit availability and returns to their stakeholders.  Further, as a member of a multi-disciplinary, global team you will gain valuable experience across industries and geographies.

With the autonomy to implement your ideas, and the support of senior leaders and talented colleagues, you’ll work at the highest level.  In our collaborative and supportive environment, you’ll receive the experience, training and coaching you need to progress quickly along the career path you choose. You will:

• Work with the national team on market leading medium and large insolvency appointments
• Work across restructuring and turnaround engagements through early intervention projects such as independent business reviews, safe harbour advice, financial sustainability and counterparty reviews, and liquidity reviews 
• Align yourself with sectors that you are passionate about, with the support of the senior leadership team, driving opportunities to enhance your experiences and expertise
• Have the opportunity to work with the other teams across EY-Parthenon such as Debt Advisory, Transaction Diligence, Valuations and Business Modelling, Real Estate Advisory, Infrastructure Advisory and Mergers & Acquisitions to provide the best possible solution for our clients

This position is based in our Warrang – Sydney office.

Your key responsibilities 

• Lead assignment planning on behalf of the engagement Partner to include defining the scope of work, clearing conflicts, budgeting issues and dealing with staff planning
• Have strong technical insolvency knowledge and be able to run formal insolvency matters (voluntary administrations, liquidations, receiverships etc) with relative autonomy under the supervision of the appointees
• Deliver detailed financial and commercial analysis, identify key issues and potential areas of sensitivity and following these up with management or stakeholders as appropriate
• Drafting presentations to stakeholders and assisting with delivery
• Proactively share technical knowledge with team, play a key role in team training
• Lead business development activities to sell work through development of internal and external client relationship networks
• Deliver a high degree of client satisfaction with the engagement process and work products sufficient to drive additional and repeated engagements
• Successfully supervise, coach, and mentor all levels of staff

Skills and attributes for success

Ideally, you’ll have the skills and attributes below but don’t worry if you don’t tick all the boxes. We’re interested in your aptitude, attitude and willingness to learn.

• Have completed a degree in commerce or law or equivalent.
• At least 5-8 years of related work experience with a track record of strong performance in restructuring/advisory work either on behalf of creditors or distressed companies
• Already hold, or willing to complete the ARITA (Australian Restructuring, Insolvency and Turnaround Association) qualification
• An aptitude for quantitative and qualitative analysis
• Passionate in making a positive contribution to our community
• Strong communication skills
• A collaborative approach and commitment to client service

What we offer you

At EY, we’ll fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.

• Career development: At EY, your career is yours to shape! We’ll develop you with future-focused skills and equip you with world-class experiences ey.com/au/careerdevelopment
• Flexible work arrangements: Our flexible work policies empower you to balance your professional and personal life, fostering a culture of trust and autonomy.
• A comprehensive benefits package: From a yearly wellness incentive, to access to additional 8 weeks of flex leave per year, and family-friendly policies, including 26 weeks of gender-neutral paid parental leave, we cater to your diverse needs to help you thrive both personally and professionally www.ey.com/au/benefits   

Acknowledgement of Country

EY acknowledges the Traditional Owners and Custodians of the lands on which EY offices are located around Australia. We pay our respects to their cultures, and to their Elders — past, present, and emerging. Find out more about our vision for reconciliation at ey.com/en_au/careers/indigenous

Diversity, equity, and inclusiveness (DE&I) are core to who we are, how we work and how we live our values. We encourage applications from people of all ages, nationalities, abilities, cultures, sexual orientations, and gender identities and are committed to providing an equitable and barrier free recruitment experience for all. We encourage you to share any support and adjustments you need to be your best and participate equitably in our recruitment process. We understand sharing your needs with us can be daunting, so if you have questions before or during your application, we welcome you to get in touch at contactrecruitment@au.ey.com or +61 3 8650 7788 (option 2). Anything you tell us will be kept completely confidential.

Are you ready to shape your future with confidence? Apply today.
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EY | Building a better working world 

Our preferred applicant will be required to undertake employment screening by EY or our external third-party provider. 

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