The Role - Associate Director, TorontoThis is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory skills and experience. You will work alongside some of the most experienced practitioners in the field advising the boards, management teams, lenders and shareholders of companies which are underperforming and/or facing any financial stress.
As an Associate Director / Director in the team, you will have the opportunity to work and lead on a diverse range of engagements across all sectors, with plenty of responsibility for leading workstreams, managing junior staff and supporting Directors and Managing Directors in client-facing delivery.
Key ResponsibilitiesClient Service
- Preparation of engagement letter(s) and ensuring adherence to all compliance requirements.
- Manage parts or all of the engagement, providing support to the Managing Director/ Director (or often directly to Senior Managing Director) in managing external stakeholders.
- Managing insolvency engagements under the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act and other statutes.
- Support management teams in preparing and challenging business plans, short term cash flow forecasts and Financial Advisory plans.
- Providing comprehensive financial restructuring and cash management services to identify working capital and other cash flow improvements.
- Reviewing and stress-testing integrated business plans, budgeting and forecasting models using a fact-based, data driven approach, including KPI definition, data visualization, reporting automation and touchless forecasting.
- Establishment or enhancement of company finance functions and processes.
- Develop, analyse and present Financial Advisory options using input from other teams, e.g. insolvency or tax analysis, sector and financial modelling. Liaise with the Company's legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.)
- Apply an understanding of engagement economics.
- Apply an understanding of financial and risk management.
Knowledge Acquisition
- Build client relationship skills, sector knowledge and continue to develop leadership skills.
- Continue to build technical expertise, broader business advisory and people management skills.
- Understand the market, topical issues and our Financial Advisory propositions.
People and Leadership
- Support practice and talent development.
- Provide on-job coaching and development to staff.
- Develop junior staff outside of jobs through appraising and mentoring.
- Support wider Financial Advisory training initiatives.
- Manage diverse teams within an inclusive team culture where people are recognised for their contribution.
Business Development
- Start to own elements of business development including actively supporting business development activities, building and expending your own contact network and supporting Director/ Managing Director/Senior Managing Director-led marketing and sales activities.
- Participate in existing business development programmes and key client accounts.
- Identify opportunities to expand engagments as well as opportunities to provide wider Teneo services to existing clients.
- Take responsibility for leading marketing initiatives aimed at specific channels to market, or events.
Key Skills & Experience- Qualified accountant (CPA or equivalent), both time and exam qualified.
- Financial Advisory experience gained either as an advisor within a professional services company, consultancy or investment bank; as an analyst in a debt or special situations funds. An understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation.
- Understanding of financial statements and related data to assess historical financial performance and future outlook for client companies and prospects.
- Good understanding of the Financial Advisory marketplace, its trends, and key players (principals and advisors).
- Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options. A basic understanding of insolvency legislation and practice is not a prerequisite but helpful.
- Excellent interpersonal skills.
- Strong project management skills, with ability to lead mid-large teams and develop people.
What We Offer As a Teneo employee, you'll enjoy unique benefits including flexible time off policy; medical, dental, and vision coverage; long-term disability, and life insurance; RRSP plan with corporate matching; team events; snacks; and other perks.
Total Compensation PackageExpected compensation for Associate Director is CAD110,000 - CAD160,000 plus annualized bonus. Expected compensation for Director level is CAD150,000 - CAD200,000 plus annualized bonus.
RRSP match, healthcare coverage and a broad range of additional benefits and perks.
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