Sr. Associate, BRS

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Company: BDO USA, LLP

Location: New York, NY 10025

Description:

Job Description

Job Summary:

The TRS Senior Associate is responsible for executing, leading, and training 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.

Job Duties:

General:
  • Partners with the TRS leaders and decision-makers
  • Creates interactive models and operational and financial analysis and prepares financial memorandums, reporting packages, and other financial presentations
  • Prepares and analyzes complex, detailed cash flow forecasts and financial models together with assumptions and detailed supporting schedules
  • Reviews and analyzes financial statements, recommending changes or highlighting unexpected results
  • Functions as a business advisor to clients
  • Supports business development activities with appropriate financial research, including preparation of new business proposals
  • Works in crisis environments while delivering consistent high-quality work in an accelerated fashion
  • Other duties as required

Turnaround/Restructuring:
  • Collaborates with debtor clients in restructuring the client's businesses in and out of Chapter 11
  • Assists with refinancing efforts and sale transactions
  • Assists clients with downsizing operations, and meeting operational and financial goals
  • Assists creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts
  • Evaluates management to determine ability to operate and reorganize
  • Ensures compliance with all court filing requirements under a formal proceeding
  • Investigates transactions with insiders, financial institutions and other creditors to determine causes of action
  • Assists engagement leaders with financial, operational, and strategic oversight and responsibility in a distressed interim financial management capacity
  • Supports growth strategy and performance improvement plan implementation in a distressed environment

Supervisory Responsibilities:
  • Supervises the day-to-day workload of TRS Associates and Interns on assigned engagements and reviews work product
  • Ensures TRS Associates and Interns are trained on all relevant software and resources
  • Delivers periodic performance feedback and completes performance evaluations for TRS Associates and Interns
  • Acts as mentor to TRS Associates and Interns, as appropriate

Qualifications, Knowledge, Skills and Abilities:

Education:
  • Bachelor's degree in Accounting or Finance, required

Experience:
  • Three (3) plus years of experience with a national restructuring firm, management consulting firm, investment bank, large accounting firm, or similar financial institution performing audit, financial recovery or restructuring services, required
  • Prior experience working within a national public accounting firm or consulting organization, preferred
  • Strong financial analysis and complex modeling skills including expertise with cash receipts and disbursements analysis, financial statement modeling/forecasting, valuations and the due diligence processes, preferred

License/Certifications:
  • CPA certification, preferred
  • CTP and/or CIRA designation, preferred

Software:
  • High proficiency in the use of Microsoft Office Suite, required

Other Knowledge, Skills & Abilities:
  • Excellent verbal and written communication skills
  • Superior analytical and research skills
  • Ability to structure complex analyses, gather and analyze data and provide insights
  • 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
  • Excellent research abilities including familiarity with Capital IQ as well as other research sources
  • Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
  • Capable of effective managing a team of professionals and delegating work assignments as needed
  • Capacity to build and maintain strong relationships with client personnel
  • Willingness to travel as required
  • Ability to successfully interact with professionals at all levels, inside and outside of BDO, including attorneys, financial advisors, clients and prospects
  • Superior interpersonal, communication, marketing, sales and organizational skills
  • Intermediate 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: $80,000 - $105,000
Maryland Range: $80,000 - $105,000
NYC/Long Island/Westchester Range: $80,000 - $105,000

About Us

Join us at BDO, where you will find more than a career, you'll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm's success, with no employee contributions.

We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:

  • Welcoming diverse perspectives and understanding the experience of our professionals and clients
  • Empowering team members to explore their full potential
  • Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
  • Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
  • Focus on resilience and sustainability to positively impact our people, clients, and communities
  • BDO Total Rewards that encompass so much more than traditional "benefits." Click here to find out more!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

Click here to find out more!

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