• Competitive
  • Birmingham, England, United Kingdom
  • Permanent, Full time
  • Deloitte
  • 2019-03-18

Assistant Director, Restructuring Services, Financial Advisory

  • Birmingham, England, United Kingdom
  • Competitive
  • Deloitte
  • Permanent
  • 2019-03-18

This is an exciting opportunity to join Deloitte's market-leading Restructuring Services group in Birmingham, where you will work alongside a strong team advising the boards, management teams, lenders and shareholders of companies, which are underperforming and/or facing financing issues. The Birmingham office is a full service practice from corporate advisory to insolvency.

Your opportunity

This is an exciting opportunity to join Deloitte's market-leading Restructuring Services group in Birmingham, where you will work alongside a strong team advising the boards, management teams, lenders and shareholders of companies, which are underperforming and/or facing financing issues. 

The Birmingham office is a full service practice from corporate advisory to insolvency. 

This is an exciting time to join Deloitte. The global are increasing the impact we make on our most significant clients and the opportunities we can provide to our people with the creation of Deloitte North West Europe; and importantly the Regional UK business is thriving.

Our leaders set the example and inspire their colleagues, taking an interest in our people. We have a strong focus on respect and inclusion and are well known for our agile working arrangements. You will join a collaborative culture and as an Assistant Director and will play an important role in developing more junior team members.

Your role

As an Assistant Director, you will have the opportunity to work on a diverse range of engagements across all sectors, with plenty of responsibility for leading on-the-ground teams, managing junior staff and supporting the partners and directors in client-facing delivery. 
The role includes technical delivery, business development and talent management.

Technical Delivery

The type of work that you will get involved in may include:

  • Business Reviews for lenders and corporates
  • Short term cash flow reviews, monitoring and cash management
  • Developing options including contingency planning
  • Insolvency assignments
  • Supporting management teams preparing and challenging business plans, short term cash flow forecasts and restructuring plans.
  • Managed exit work developing exit options such as closure and accelerated sale.
  • Implementing closure programmes and AMA processes

The nature of the work may include:

  • Managing specific workstreams on a day to day basis with director/partner oversight;
  • Project managing all or parts of the engagement, providing support to the director/partner in managing external stakeholders as well as managing RS and other service line teams involved
  • Managing small teams and creating effective delegation and development opportunities for individual team members
  • Understanding and actively managing the Firm’s risk from take-on through to completion of engagements

Business Development

Actively support business development activities using your own contact network as well as supporting partner-led marketing and sales activities:

  • Identify and pursue potential opportunities using your own network as well as participating in existing business development programmes and key client accounts
  • Identify opportunities to expand jobs as well as opportunities to provide wider Deloitte services to existing clients
  • Lead marketing initiatives aimed at specific channels to market, or events
  • Be involved with our local office initiatives such as our Midlands Purpose

Talent

Actively 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 RS training initiatives

The National team increasingly works on cross-border, multi-jurisdictional situations so it is possible that there will be opportunities to work on large and exciting cases in conjunction with colleagues in Deloitte member firms across Europe and potentially worldwide. 

Your work, your choice

At Deloitte we believe the best impact is the value we add, not the hours we sit at our desk.

We, therefore, carefully consider agile ways of working, both formal and informal, that allow for the best impact for our people and our clients. If the working pattern you are looking for is not specifically indicated below, we are happy to discuss alternative arrangements.

Location: You will be based in the Deloitte Birmingham office, however the role may also involve travel and will require the flexibility to meet peaks of work inherent in the cycle of a deal. We specify full mobility for our financial advisory roles but we make arrangements respectfully. Working from home days are available and flexible depending on clients, deadlines, and projects.

Suggested work pattern: Permanent full-time 

Your professional experience

To qualify, you must have:

  • Broad financial restructuring experience;
  • ACA or other recognised accountancy qualification (JIEB qualification helpful but not pre requisite)
  • Understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation
  • Good understanding of the restructuring marketplace, its trends and key players (principals and advisers)
  • A developing network of relevant contacts in the market
  • Very strong analytical skills, including: financial analysis, business planning, short-term cash flows, financing options. 
  • Ability to formulate contingency plans
  • Strong understanding of insolvency legislation and practical experience of delivering insolvency assignments.
  • Excellent interpersonal skills and evidence of leading clients/ providing advice in difficult situations
  • Strong project management skills
  • Ability to lead small teams and develop people
  • Commitment and willingness to work under pressure, sometimes long hours, always putting the client at the centre
  • Ambition to learn and develop further
  • Ability to conduct business in fluent oral and written English is a pre-requisite

Your service line 

Financial Advisory

Advising clients in the moments that define their business takes multiple layers of expertise. Much more than due-diligence, this is about diverse teams of specialists coming together, crossing service lines and international borders to tackle the many, complex issues involved in major transactions. And we have one of the broadest networks in the business. Here, you’ll find fascinating, career-building projects, market leading approaches, cutting-edge resources, huge clients and inspirational colleagues. As well as opportunities to develop a deep industry or product specialism. 

About Deloitte

Our Purpose & Strategy

To make an impact that matters for our clients, our people and society - defines who we are and what we stand for. Our purpose provides the foundation for our strategy and our aspiration to be the undisputed leader in professional services: this is not about size, it's about being the first choice. The first choice for the largest and most influential clients, and the first choice for the best talent.

What do we do?

Deloitte offers global integrated professional services that include Audit & Assurance, Consulting, Financial Advisory, Risk Advisory and Tax Consulting. Our approach combines intellectual leadership, industrial expertise, insight, consulting & problem solving capabilities whatever the role, technology revolutions and innovation from multiple disciplines to help our clients excel anywhere in the world.

Beyond the UK: North West Europe within a Global firm

UK and Switzerland, Belgium, the Netherlands and the Nordics (Denmark, Finland, Iceland, Norway and Sweden) have combined to create a new Deloitte North West Europe firm on 1 June 2017. This is to support our aspiration to be the undisputed leader in professional services and to increase our global influence and lead in EMEA.
A broader geographical shape will create new career development opportunities, helping us develop the very best talent across the region and the world.

What do we value?

At Deloitte we foster a collaborative culture where talented individuals can produce their best work. We value innovative thinking, diverse insights and a genuinely distinctive level of customer service. We value difference, with respect at the heart of our inclusive culture, and we support agile working arrangements. Hear from some of our people already working at Deloitte in agile ways. We are proud to have earnt a Top 10 place on the 2017 list of Top 30 Employers for Working Families and to have been in their Top 10 for seven consecutive years. Additionally we received the Working Families Best for All Stages of Motherhood special award in 2016.

Being a Leader at Deloitte

Cultural fit and purpose-led leadership is crucial for Deloitte. Our leaders always set the example and inspire their colleagues. They make quality time for people and take an interest in them. They know what matters to people - both inside and outside work – and value them as individuals; always finding opportunities to develop them while showing respect and appreciation.

We expect colleagues at all levels to embrace and live our purpose and our leadership culture by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. We know leadership comes in all shapes and sizes, but we require five leadership imperatives from all of our people:

  • We live our purpose: we act as a role model, embracing and living our purpose and values, and recognising others for the impact they make
  • We develop talent: we develop high-performing people and teams through challenging and meaningful opportunities
  • We drive performance: we deliver exceptional client service; maximise results and drive high performance from people while fostering collaboration across businesses and borders
  • We believe positive influence can make an impact that matters: we influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
  • We move, together, towards a strategic direction: we understand key objectives for clients and Deloitte, aligning people to objectives and setting priorities and direction

Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and registered office at 2 New Street Square, London, EC4A 3BZ. Deloitte LLP is the United Kingdom affiliate of Deloitte NWE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. 

Requisition code: 161882