EY-Parthenon - Senior Manager - Turnaround and Restructuring Strategy

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. 

Whether a business is in crisis or is simply facing an operational challenge, our restructuring and turnaround team is experienced in helping management teams identify and prioritize the most critical issues, stabilize the business, establish a leadership and stakeholder consensus around the solution, and deliver tangible results quickly.   

 As our Senior Manager you’ll work on a diverse range of deals that will enhance your skills and help clients discover financial, strategic, and operational solutions that enhance liquidity, credit access, and returns for stakeholders. Being part of a multi-disciplinary, global team means you will gain invaluable experience across various industries and geographies.

In this role, you'll collaborate with a diverse clientele, including lenders, investors, and corporations, providing them with innovative solutions to their most challenging financial, strategic, and operational issues. You'll be an integral part of a global, multidisciplinary team, expanding your expertise across various industries and regions.

 Step into a leadership position where your ideas are not only welcomed but encouraged. With the support of our senior leadership and the talent of your colleagues, you'll operate at the forefront of the industry. Our nurturing and cooperative work culture is designed to accelerate your career growth, offering you the experiences, exposure, and mentorship necessary to advance rapidly on your chosen career path.

This is a hybrid position based in Naarm – Melbourne or Warrang – Sydney. Our roles can potentially be adjusted to work flexibly with reduced hours. Please speak with us about potential options. 

Your key responsibilities 

• Collaborate with the national TRS team on leading insolvency projects, both large and medium in scale.
• Engage in restructuring and turnaround initiatives, including early intervention efforts like independent business evaluations, safe harbour consultations, assessments of financial sustainability, counterparty examinations, and liquidity analyses.
• Pursue your interests within specific sectors with the encouragement of the senior leadership team, seizing chances to broaden your knowledge and skills.
• Take advantage of the opportunity to work alongside other teams within EY-Parthenon, including Debt Advisory, Transaction Diligence, Valuations and Business Modelling, Real Estate Advisory, Infrastructure Advisory, and Mergers & Acquisitions, to deliver optimal solutions for our clients.

Skills and attributes for success

• Possess a degree in commerce, economics, or law (or a similar qualification).
• Bring 6 to 10 years of relevant experience with a solid history of high performance in restructuring/advisory work either on behalf of creditors or distressed companies.
• A willingness to obtain the ARITA (Australian Restructuring, Insolvency and Turnaround Association) certification if you don’t already have it.
• Have a talent for both numerical and descriptive analysis, and be enthusiastic about contributing positively to our community.
• Proven leadership abilities with a positive mindset, strong interpersonal skills, and a commitment to exceptional client service, personal development, and fostering an inclusive team culture

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      

• Salary: We offer a competitive salary which is open to negotiation pending on skills and experience. 

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 

 Inclusiveness is core to who we are and how we work together, driving value for our people and for our business. 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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Our preferred applicant will be required to undertake employment screening by EY or our external third-party provider. 

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