This is your opportunity to join Deloitte's growing Transaction Services team, part of the highly regarded Deloitte Financial Advisory department, and develop a specialism within the Industrials and Automotive sector. You will have the opportunity to work on a wide variety of high profile projects, with a mix of both corporate and private equity transactions, within a highly commercial, client focused environment. Specifically within the Industrials and Automotive sector, we work on the largest M&A projects for the most influential aerospace, defence, automotive and advanced engineering/manufacturing clients across the UK and North West Europe.
Deloitte has over 3,000 M&A specialists globally and you will work with some of the best in field to provide a full spectrum of services across the deal lifecycle, from development of a workable M&A strategy through to complete integration or preparation for exit. No two days are ever the same in Transaction Services and you will constantly be challenging yourself to learn new skills and come up with new ideas.
Our team is drawn from dedicated industry professionals and functional experts who use cutting edge technology to help our clients do the right deal and increase the chances of capturing strategic value.
We encourage consideration of flexible ways of working, both formal and informal arrangements that allow for the best outcomes for our people and our clients. If this opportunity is of interest to you with some flexibility, please do discuss with us.
Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of 2 years or more. If this is relevant for you, just let your recruiter know when you make your application.
Your role As an Assistant Manager in our Transaction Services team the core services you will provide include acquisition and vendor due diligence. You will typically work within a wider deal team which accesses the firm's vast range of expertise including commercial and operational due diligence, sale and purchase agreement negotiation, real estate, treasury, pensions, modelling, fund placement, merger integration, IT and business intelligence.
We also often work on international assignments involving cross-border as well as cross-service line teams requiring our people to build wide networks across both the UK and International firm. You will have responsibility for:
Quickly developing an understanding of the target business and its drivers
Interpretation of information memoranda, business plans, publicly available information on the target business
Review and analysis of historical trading, cash flow and balance sheets
Review and analysis of projections, and underlying assumptions
Review of the adequacy of working capital facilities, including consideration of financing limits, term and covenants
Evaluation of potential synergies
Reporting of potential key issues for our client including identification of risk or price affecting considerations
Review of sale and purchase agreement and correlating findings of due diligence process therein
Review of financial structures and associated credit agreements
Project management of due diligence assignments including: client interface, managing an assignment team, managing project risk issues and monitoring costs/recovery.
Production of quality deliverables (usually detailed written reports) within agreed timescales, briefing Partner and Director accordingly.
Participate in various marketing initiatives and practice development activities (e.g. client presentations, key client account, industry, geography, and product programmes, develop and maintain own network of contacts and to display an awareness of sales opportunities).
Work effectively in diverse teams within an inclusive team culture where people are recognised for their contribution
Your work, your choice How long does impact take? How long is a piece of string? How many seconds does a solution contain? How can we possibly tell? After all, impact can be huge or small. Immediate or years in the making. 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 Birmingham office, however the role may also involve a significant amount of travel within the UK and overseas, and will require the flexibility to meet peaks of work inherent in the cycle of a deal.
Suggested work pattern: Permanent full-time
Your professional experience Essential:
ACA qualified (ideally first time passes) or equivalent qualification/ experience
Educated to degree level with a strong academic track record
Evidence of team leadership and management ability
Broad financial and commercial experience, having demonstrated achievement either within a professional services organisation or corporate
Strong report writing and reviewing skills, with an appropriate focus on conciseness and risk management
Client focused, ensuring high quality service
Enthusiasm to work with Industrials/Automotive clients and build a sector specialism is essential. Experience of working in the sector would be beneficial, but not essential
Knowledge of the UKLA Listing Rules and knowledge of the takeover code would be an advantage
Experience of sale and purchase agreement negotiations would be an advantage
Fluency in a major European foreign language would be an advantage
Some relevant transaction services experience/exposure
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.
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.
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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 2018 list of Top 30 Employers for Working Familiesfor the eighth consecutive year, and to have been listed in The Times Top 50 Employers for Women for each of the last four years.
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 our Leadership Charter helps all of our people understand what we're looking for:
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
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