Grant Thornton

Financial Due Diligence Senior Associate

Grant Thornton$96K — $144K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or related field required, advanced degree preferred.
  • 2 to 6 years of related work experience in similar consulting practices servicing cross-industry clients required.
  • CPA preferred or CPA in process preferred.
  • Strong experience in accounting, audit, or transaction advisory services.
  • Excellent knowledge in US GAAP, GAAS, SEC Reporting, and M&A transaction advisory.

Responsibilities

  • Perform buy-side and sell-side transaction advisory engagements.
  • Assist organizations in maximizing the potential of mergers, acquisitions, and divestitures.
  • Conduct financial due diligence on key areas such as the Income Statement and Balance Sheet.
  • Identify risks and business drivers, proposing necessary adjustments.
  • Lead analysis of operational data, net working capital, and debt-related items.
  • Draft reports outlining key financial findings for potential investments.
  • Design tailored transaction advisory reports addressing specific financial issues.

Benefits

  • Personalized and comprehensive benefits recognizing diverse needs.
  • Flexibility in work location and schedule options.
  • Programs supporting overall well-being through work-life integration.
  • Commitment to diversity, equity, and inclusion initiatives.
Full Job Description
Job Description

As a Financial Due Diligence Senior Associate, you'll focus on middle-market transactions, serving dynamic organizations with experienced professionals who bring a full range of advisory services to validate, optimize and create value for the Transaction Advisory Practice - all with the resources, environment, and support to help you excel. Our Financial Due Diligence solution is comprised of several integrated capabilities that support our clients' needs throughout the transaction lifecycle.

From day one, you'll be empowered to help clients make the moves that will help them achieve their vision and help you achieve more, confidently.

Your day-to-day may include:
  • Perform in buy-side and sell-side transaction advisory engagements, providing carve-outs and similar services to clients, private equity investors, and asset-based lenders.
  • Help organizations realize the potential of mergers, acquisitions, and divestitures as well as various transactions within the capital markets.
  • Perform financial due diligence on key areas of the Income Statement and Balance Sheet.
  • Formulate questions and propose basic adjustments based on the identification of key risks and business drivers.
  • Lead analysis on key operational data, net working capital, debt, and debt-like items.
  • Lead initial drafts of reports (including Quality of Earnings reports) for clients that highlight the key financial findings of potential investments as well as the drivers behind sustainable profits and cash flows.
  • Create and design tailored transaction advisory reports specific to key issues such as normalized earnings, valuation model input assumptions, achievability of management's budget, indebtedness considerations, borrowing base calculations, and/or business combinations and carve-out financial statements.
  • Team with partners and senior managers on proposals and business development calls.
  • Meet or exceed targeted billing hours (utilization).
  • Supervise, train and mentor associates.
  • Assess performance of associates for engagement and year-end reviews.
  • Other duties as assigned.

You have the following technical skills, qualifications, and abilities:
  • Bachelor's degree in Accounting or related field required, advanced degree preferred.
  • 2 to 6 years of related work experience in a similar consulting practice or function servicing cross-industry clients at a national level required.
  • CPA preferred or CPA in process preferred.
  • Solid experience in the following: accounting, audit, or transaction advisory services.
  • Strong current knowledge in US GAAP, GAAS, SEC Reporting, transaction advisory services or mergers and acquisitions.
  • Ability to manage multiple priorities and simultaneous project in a rapidly growing practice.
  • Strong leadership, business development, recruitment, training, and mentoring skills.
  • Excellent written, presentation, leadership, and interpersonal communications skills.
  • Prior relevant consulting experience preferred.
  • Can travel as needed. Expected travel is up to 25%


The base salary range for this position in the firm's Chicago, IL office is between $96,000 and $144,000.

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Benefits:

We understand that your needs, responsibilities and experiences are different, and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. For an overview of our benefit offerings, please visit: https://www.grantthornton.com/careers/rewards-and-benefits

  • Benefits for internship positions: Grant Thornton interns are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Interns also receive a minimum of 72 hours of paid sick leave, and are paid for firm holidays that fall within their internship period.
  • Benefits for seasonal employee positions: Grant Thornton seasonal employees are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Seasonal employees may also be eligible to participate in the firm's 401(k) savings plan and employee retirement plan in accordance with applicable plan terms and eligibility requirements. Seasonal employees receive a minimum of 72 hours of paid sick leave.


Grant Thornton employees may be eligible for a discretionary, annual bonus based on individual and firm performance, subject to the terms, conditions and eligibility criteria of the applicable bonus plan or program. Interns and seasonal employees are not eligible for bonus compensation.

About Grant Thornton

Grant Thornton LLP is the American member firm of Grant Thornton International, the seventh largest accounting network in the world by combined fee income. Grant Thornton LLP is the sixth largest U.S. accounting and advisory organization. The firm operates 59 offices across the US with approximately 8,500 employees, 550 partners, and produces annual revenue in excess of US$1.9 billion. During the 2022 Russian Invasion of Ukraine, The Times reported that Grant Thornton is in line to earn millions of pounds for acting as trustees in a bankruptcy case on behalf of the Russian state-owned DIA, who bypassed sanction regimes to obtain funds and assets from abroad in order to fund the war in Ukraine.
Learn more about Grant Thornton

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