Deals, Transaction Services - Financial Due Diligence - Manager

PricewaterhouseCoopers

Cairo, Egypt

Posted
Ref: HP639-362

Job description / Role

Line of Service
Advisory

Specialism
Deals

Management Level
Administrative

Job Description & Summary
PwC Middle East Overview

PwC is the largest professional services firm in the Middle East with over 4,200 employees offering unparalleled range of expert capabilities from Strategy through to Deals, Consulting, Tax and Assurance Services. PwC operates across 12 countries in the region and serves both public and private sector clients. Within PwC, our Deals line of service helps organizations execute successful deals and create value through strategy definition and due diligence for domestic and cross-border M&A, divestitures and spin-offs, capital markets transactions like IPOs and debt offerings, and bankruptcies and other business reorganizations.

As a member of PwC Middle East Transaction Services team, you will assist in advising global companies, sovereign wealth funds and private equity firms on M&A transactions to reach their business goals. We conduct buy side financial due diligence (both inbound and outbound transactions), vendor/sell side due diligence, refinancing reviews, completion accounts reviews and other advisory services to help clients achieve their objective whether it be to diversify, enter new markets, reduce costs, exit businesses, or raise capital. Our work is largely focused on identifying risks/deal issues, analyzing quality of earnings, assessing debt-like items, reviewing working capital and many other areas of transaction risk.

As part of our One Region One Firm vision, we deploy experienced deal teams with deep industry capabilities and local market knowledge, whenever and wherever our clients are doing deals in the Middle East region or elsewhere in the world.

The Manager's role includes preparing and reviewing client deliverables, prioritizing tasks, analysis of financial information, meet and discuss observations with target and client management and identify key deal issues from a transaction perspective. You will prepare proposals, display awareness of firms services, prepare due diligence reports, coach junior staff, ensure compliance with PwC risk management policies, manage project budget as well as other aspects of the due diligence process. Work is conducted in a team environment and, depending on the size and scope of projects, involves a combination of managers, assistant managers, senior consultants, and consultants.

Responsibilities:

- Provide solutions (through deal documents or deal structure) to identified issues; take into consideration client and target attributes.
- Identify potential issues and suggest amendments to the legal and financial
- Demonstrate a comprehensive understanding of current accounting standards that could impact the transaction (e.g., IFRS, carve-outs) in order to develop thorough assessments of issues identified through research, analysis and consultation with technical experts.
- Demonstrate an ability to effectively assess/analyze client valuation models and provide meaningful feedback that impacts transaction pricing and/or purchase/sale agreement.
- Demonstrate basic gravitas at client/target meetings and confidently communicates deal issues and respond to client queries
- Demonstrate highly competent report writing skills with coherent thoughts, logical flow, excellent English and requiring minimal editing by superiors.
- Explain the earnings, cash flows and transaction pricing implications of "one-off" or non-recurring matters and demonstrate an understanding of planned synergies and additional resource requirements (e.g., identifies stand alone costs) impacting the client's deal pricing decisions.

Requirements

Requirements
- Education: You will have an outstanding academic record from a well recognized institution, preferably having a Bachelor of Science or Arts degree in Accounting, Business Management, Finance or related field. Having or working towards a Chartered Accountancy/Certified Public Accountant/Chartered Financial Analyst is also preferred.
- Experience: Individuals with 4-5 years experience in audit or due diligence (minimum 3 years), investment banking, financial/management consulting, or private equity will be preferred. Individuals with experience from Big 4 firms is a plus.
- Skills: You should have good communication, strong project management and report writing skills, fluency in English and have excellent MS Excel, Word and PowerPoint skills. A self-starter with commercial acumen and business insight and have strong understanding of the deal environment.

About the Company

PwC firms help organizations and individuals to create the value they're looking for.

We're a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. PwC is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the global PwC network.

In our 3 key areas of business or Lines of Service Assurance, Tax, and Advisory we work with our clients from business start ups to the worlds leading organizations to measure, protect and enhance the things that matter most to them.

We help our own people to learn, discover, develop and make a real difference all the way through their working lives. And we have big ambitions to grow.

PwC Middle East Region is part of what we call the Central Cluster and includes the UK, Europe and Africa as well as the Middle East. The region consists of 12 markets - UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt, Libya, Iraq and Palestine.

PwC has been established in the region for over 40 years, we already employ over 4500 people and we are on course to become the Middle East number one professional service firm.