Restructuring and Insolvency Senior Manager - North Regions

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) North Regional Team is a fast growing business providing advisory and executory restructuring services across the North of England to a range of clients, including corporates, lenders, private equity 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 Manchester R&I team provides a unique opportunity to gain experience across:

• Restructuring advisory - we provide hands-on support to our clients, helping them to consider and develop solutions for navigating through challenges facing their business. These projects include independent business reviews (IBRs), strategic reviews, cashflow forecasting, options assessments for the organisation or its stakeholders, stakeholder management, and/or financial restructuring.
• Executory restructuring - we advise on restructuring solutions and how insolvency processes can be used to maximise outcomes for all stakeholders. Our work includes all aspects of pre-insolvency advice and options assessment, contingency planning, or executingadministrations, liquidations (solvent and insolvent) and other rescue mechanisms (Restructuring plans, CVAs, Schemes of Arrangement, etc).

How we workThe Manchester team operates alongside other local R&I 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. We work collaboratively with our Deals and wider PwC colleagues to deliver a full suite of services to meet our clients needs in all varieties of circumstances, combined with offering continued developmental and career progression opportunities for our team. About the roleWe are seeking proactive professionals who can help support our clients in stress or distress situations. Typical work includes:

• Independent business / financial reviews, providing rapid commercial and financial advice focussed on the key issues.
• Restructuring advice to corporates, sponsors, lenders and funds in assessing options and negotiating and implementing a restructuring.
• Review (often in a short space of time) of businesses for long term viability, valuation and assessment of options (including contingency planning).
• Managing and monitoring the cash flows of a business.
• Support senior stakeholders to negotiate, agree and implement solutions.
• Preparation of presentations and/or reports to key stakeholders (e.g. lenders, private equity sponsors, management).
• Supporting accelerated sale / M&A processes, alongside our lead advisory colleagues.
• Undertaking executory appointments including supporting Insolvency Practitioners manage businesses through trading administrations.

We perform our work alongside other PwC teams, including specialist lines of service and sector specialists. The role you will undertakeAs a Senior Manager, youll work as part of a team of problem solvers, helping to solve complex business issues, from strategic planning and negotiation through to execution and implementation. Responsibilities for this level include but are not limited to:

• Managing project teams or assisting in the management and delivery of larger complex projects.
• Identifying client and stakeholder needs , discussing solutions with clients and managing stakeholder communications
• Using your own commercial experience, sector experts across the Firm and technology to undertake critical financial analysis of client forecasts and business plans.
• Maintaining a keen interest in the latest digital tools available to you within the Firm and how these can support us in solving complex client problems.
• Undertaking and overseeing analysis , including the identification of the root cause of financial / operational issues while also being able to adopt a more holistic perspective to a problem.
• Developing strategic options and engaging in stakeholder discussions and negotiations to achieve a clients strategic objectives.
• Producing reports / presentations for a range of clients and stakeholders, across both advisory and executory (i.e. insolvency) appointments.
• Creating an inclusive environment which ensures different opinions are heard, our people can flourish and we get the best outcomes for our clients.
• Being actively involved in business development activities and networking with potential new clients and intermediaries. Identifying new opportunities and innovative areas for us to support our clients.
• Helping to foster a culture of continual development through the continuous investment in your own and your teams personal development and technical acumen, including initiating open and honest coaching conversations.

Essential skills and experience

• Qualified accountant - ACA/ACCA preferred.
• Sound financial analytical skills, including use of Google Sheets / Microsoft Excel / digital equivalent.
• Strong commercial and business acumen.
• Strong understanding of key restructuring and insolvency principles.
• Strong interpersonal skills and comfortable communicating with senior stakeholders (internal and external).
• Desire to manage, develop and train members of the team.
• Flexibility in terms of diverse industries and role.
• Strong project and time management skills.
• Ability to support marketing and business development, demonstrating a proactive approach to building a strong network in the marketplace.
• Self starter with energy to work to tight deadlines in a pressurised working environment.

Who were looking forAt PwC our people are our biggest asset and our investment in their learnin