Restructuring and Insolvency Senior Manager

Job Description

In Deals we solve the important problems that stand in the way of value being created, sustained, realised or protected for our clients - working together to aid responsible recovery and growth. Working on iconic deals with national and global clients,we put together major mergers and acquisitions and resolve business crises - from international take-over bids to financial crime investigations and cases of insolvency. We draw upon our deals experience across many industries to support and partner with ourclients, to positively impact society and the communities in which we operate. Who we are and what we doThe Restructuring & Insolvency (R&I) Midlands Regional Team is a fast paced business providing advisory and executory restructuring services across the Midlands to a range of clients, including banks, corporates and other stakeholders. As part of the largest and most-experienced Restructuring services business in the UK, we are at the heart of PwCs purpose to build trust in society and solve important problems. We provide support and guidance to our clients in troubled financial situationsto help them overcome complex, financial, operational and strategic challenges at pace. Being part of the Midlands R&I team provides a unique opportunity to gain experience across both advisory and executory restructuring service offerings.

• Corporate restructuring advisory - we provide hands-on support to our clients, helping them to consider and develop solutions for navigating the challenges facing their business. These projects include independent business reviews (IBRs), strategic reviews,cash flow forecasting, options assessments for our client or the organisation facing challenges, stakeholder management, and/or financial restructuring.
• Executory restructuring - we advise on restructuring solutions and how insolvency processes can be used to minimise losses / maximise recoveries for all stakeholders. Our work includes all aspects of pre-insolvency advice and options assessment, contingencyplanning, or executing administrations, liquidations (solvent and insolvent) and other rescue mechanisms (CVA / Scheme of Arrangement).

Typical projects

• Independent Business Reviews , which require a 360 degree review of all or part of a business, either on behalf of lenders, shareholders or other stakeholders.
• Reviewing and supporting management teams to analyse and manage their cash flow and working capital positions , as well as forecasting their future requirements.
• Options reviews and contingency planning when clients are facing challenging circumstances that threaten their prospects of continuing to trade.
• Managing and providing recommendations to key stakeholders and investors.
• Undertaking insolvency work, where other options are not achievable.

How we workThe Midlands team operates alongside other regional teams, forming part of our national R&I team. As a team, we work flexibly from our offices across the UK and, where required, from client sites or other PwC offices. R&I is a Market Team within the Restructuring & Forensics (R&F) business unit which is part of the Deals Line of Service. We work collaboratively with our Deals and wider PwC colleagues to deliver a full suite of services to meet our clients needs in all varietiesof circumstances, with the PwC values at the core of what we do. It provides a great opportunity and platform for all members of the team to work on the cutting edge of the latest technology, and within Deals there is encouragement to try different things,collaborate with colleagues from different specialties and different teams to come up with innovative solutions for clients. In terms of other benefits;

• We work under the PwC empowered flexibility deal which includes the empowered day and hybrid working
• A highly competitive bonus and benefits package, with generous matched pension
• Were committed to building a culture of inclusion that empowers all of our people to thrive and feel a sense of belonging at PwC

We offer a full breadth of restructuring and transaction services to our clients, combined with offering continued developmental and career progression opportunities for our team. The role you will undertakeAs a Senior Manager, youll work as part of a team helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to

• Working with senior colleagues in the business and leading project teams in the management and delivery of a variety of complex projects.
• Leading discussions with clients and key stakeholders to establish the key challenges facing the client and communicate the key findings of our work
• Leading teams in producing robust reports / presentations for a range of clients and stakeholders, across both advisory and executory appointments.
• Take action to ensure everyone has a voice, inviting opinion from all.
• Establish the root causes of issues and tackle them, rather than just the symptoms.
• Initiate open and honest coaching conversations at all levels.
• Move easily between big picture thinking and managing relevant detail.
• Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
• Develop specialised expertise in one or more areas.
• Advise stakeholders on relevant technical issues for their business area.
• Navigate the complexities of global teams and engagements.
• Build trust with teams and stakeholders through open and honest conversation.
• Uphold the firms code of ethics and business conduct

Essential Skills and Experience

• Advisory experience from a management consultancy, corporate finance advisory firm or as an internal consultant in a corporate
• Preferred - ACA/ACCA qualified
• Sound financial analytical skills, including use of Microsoft Excel
• Strong commercial awareness in restructuring and/or insolvency, plus a genuine interest in how businesses work
• Strong leadership and team management skills
• Flexibility in terms of diverse industries and role
• Willingness to participate in marketing and business development
• A commitment to continued personal development
• Report writing skills including use of Microsoft Powerpoint (Including Smart preferred but not essential)

You will need to be willing to travel and be flexible around your working location. This could require working away from your base offic