Job DescriptionJob Summary:The TRS Manager is responsible for executing and leading a team of TRS Staff in business restructuring and bankruptcy related engagements, including bankruptcy litigation and financial due diligence, and addressing complex questions and issues under the direction of a TRS Principal, Director or Senior Manager. The TRS Manager also assists with marketing, networking and business development activities for the TRS Group, including proposal preparation.
Job Duties:Bankruptcy & Restructuring Services - Marketing and New Business Development Activities:
- Assists Principals, Managing Directors, Directors and Senior Managers in identifying and pursuing new business opportunities
- Assists BDO pitch team in preparing for new business opportunities and responding to inquiries
- Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
- Prepares majority of pitch book for new business opportunity, including cover letter and assist in conflict check process.
- Conducts and clears conflict checks and prepares draft retention affidavits or engagement letters; ensures compliance with all other court filing requirements
- Begins to build network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.)
- Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)
- Engagement Project Leadership:
- Assists engagement director or principal in executing engagement
- Presents BDO work product to counsel or client and responds to questions
- Interacts with counsel or company management on complex operational, restructuring or bankruptcy issues
- Possesses strong financial restructuring and bankruptcy technical skills, including ability to identify bankruptcy or financial restructuring related issues
- Possesses strong ability to analyze cash flow projections and identify issues
- Evaluates management to determine ability to operate and reorganize business operations
- Assists with the preparation and/or ensures the disclosure statement and reorganization plan meet all required financial and bankruptcy requirements
- Reviews reorganization/liquidation plan, evaluate plans for client and identifies issues
- Evaluates alternative courses of action and potential solutions to achieve best result for client
- Other duties as required
Supervisory Responsibilities:- Supervises the day-to-day workload of TRS Senior Associates and Associates on assigned engagements; reviews work product, provides timely performance reviews and assists in the development of goals and objectives to enhance staff professional development
- Provides on-the-job training for all TRS Senior Associates and Associates on each engagement
- Acts as Career Advisor to TRS Senior Associates and Associates, as appropriate
Qualifications, Knowledge, Skills and Abilities: Education:- Bachelors degree in Accounting, Finance or other relevant field required
- MBA or other relevant advanced degree beneficial
Experience:- Six (6) years of prior experience performing business restructuring or related consulting services required
- Prior experience working within a national public accounting firm or consulting organization preferred
- One to two years of management experience preferred
License/Certifications:- CIRA designation preferred
- CPA and CTP certifications beneficial
Software:- Proficient in the use of Microsoft Office Suite, specifically Excel, Word and PowerPoint
Other Knowledge, Skills & Abilities:- Excellent oral and written communication skills, including the ability to review work product developed by others
- Willingness to go above and beyond to provide superior work product while meeting engagement deadlines
- Solid analytical skills, including ability to identify issues and anomalies
- Solid organizational skills especially ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently or within a group environment
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Ability to effectively managing staff and delegate work assignments as needed
- Ability to build and maintain strong relationships with internal and client personnel
- Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
- Management presence and ability to act as key contact on assigned engagements, while timely keeping Directors and Principals informed of progress
- Ability to develop financial models, especially integrated P&L with balance sheets and cash flows
- Solid knowledge of debt and lease restructuring, cash flow and balance sheets, along with liquidation analysis
- Solid knowledge of bankruptcy and insolvency process
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $135,000 - $160,000
Maryland Range: $135,000 - $160,000
NYC/Long Island/Westchester Range: $135,000 - $160,000
