Deals, Business Restructuring Services Senior Associate

Job description / Role

Line of Service
Advisory

Specialism
Business Recovery Services

Management Level
Senior Associate

Job Description & Summary
PwC Global Overview
At PwC, we measure success by our ability to create the value that our clients and our people are looking for. Our reputation lies in building lasting relationships with our clients and a focus on delivering value in all we do. We're a network of firms in 157 countries with more than 208,000 people who are committed to delivering world-class capabilities and quality in assurance, tax and advisory services.

PwC Middle East Overview
Established in the region for over 40 years, PwC Middle East employs over 4,000 people across 12 countries: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Palestine and the United Arab Emirates. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of local business environments across the Middle East region. Our tailored solutions help our clients meet the challenges and opportunities of doing business in the Middle East market, and beyond.

Background/ intro to deals
Our Deals business is an exciting, fast-paced and an ever-growing business that focuses on deals and crisis situations for our clients. Collectively, we deal with the types of situations you hear about regularly in the news and we provide support, insight and analysis to the management, shareholders and financiers of business.

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 our clients, to positively impact society and the communities in which we operate.

About the team
Our core restructuring team within Business Recovery Services (BRS) operates across all segments of the market and is the largest restructuring practice in the Middle East. The team provides a range of services to typically stressed/distressed businesses from formal insolvency appointments to providing financial restructuring advice to a wide range of corporates and stakeholders including lenders, debtors, government bodies, credit funds and pension trustees. Whilst based in Dubai or Riyadh, the team often works on leading international projects and the role may include international travel

About the role

A typical assignment may include some or all of the following:

- Review of current financial position, key drivers of value and key risks of businesses across a range of sectors and geographies in order to identify the right capital structure solution
- Analysing historical trends and scrutinising forecasts
- Performing cost benchmarks and analysing working capital
- Monitoring short term cash flows
- Identifying and quantifying opportunities for financial improvement and efficiencies
- Work with multiple stakeholders to negotiate, agree and implement solutions
- Review (often in a short space of time) of businesses for long term viability, valuation and assessing capital structure options
- Provide hands on support to help Companies manage crisis situations and stabilise their financial positions
- Supporting a corporate through a court appointed insolvency process
- Review and understanding of the priority of various classes of creditors
- Working alongside other PwC teams, including specialist lines of service and sector experts
- Preparation of presentations and/or reports to key stakeholders (e.g. lenders, private equity sponsors, management)

We empower people to determine their own career path. Whatever your ambition, we will support your learning and development, within one of the world's leading professional organisations.

Requirements

Essential skills and experience

- Sound financial analytical skills
- Strong commercial and business acumen
- Understanding of key restructuring principles
- Strong interpersonal skills and comfortable communicating with all levels (internal and external)
- Desire to develop and train junior members of the team
- Flexibility in terms of diverse industries and role
- Flexibility in working location
- Ability to support marketing and business development, demonstrating a proactive approach to the marketplace
- Proven project and time management skills
- Good excel modelling skills
- Curious and willing to learn new skills 
- Willing to challenge and question
- Ability to work to tight deadlines in a pressurized working environment
- Excellent verbal and written English
- Arabic speaking skills are desirable
- Ideally fully qualified with ACA, ACCA, CFA or equivalent
- Advanced with MS applications Word, Excel, PowerPoint is a must
- Familiarity with Google suite a bonus, but not essential
- Relevant experience in restructuring from Big 4/ Investment Bank/ Other advisory firms of: 
- 2 - 5 years for Senior associate
- 6 - 8+ years for Manager

Who we're looking for

The team welcomes applications from individuals who have a keen interest and knowledge in regard to the work that the team undertakes. They will be looking for clear examples on why you have applied and what you can bring to the team. All applicants must have conducted considerable research into PwC and BRS prior to interview.

You'll be joining a team who welcome your outlook and knowledge, whilst developing your skill set further within one of the world's leading professional organisations. Please apply if you have a keen interest in the work we do.

About the Company

At PwC Middle East, we've set out an ambitious purpose and strive to live it everyday: to solve important problems and build trust in society.

We're a community of solvers that come together in unexpected ways to build trust and create sustained outcomes. We solve important problems, support one another as we grow, develop and build fulfilling careers.

PwC provides industry-focused services for public and private clients across Assurance and Audit, Deals, Consulting, Tax and Legal. We draw on our development legacy that brings together the collective experience of over 7,000 people in our region with offices across 12 countries to solve for tomorrow.

We're striving to consistently deliver innovative work that builds trust and delivers sustained outcomes. And we're proud of the strength that comes from all our different backgrounds and experiences and we value everyone's uniqueness. We thrive in uncertainty, operate with integrity and leverage the diverse perspectives of our teams.

If you're looking for a place that fuels your ambition to make a difference, that matches your curiosity with continuous learning opportunities and reimagines ways of working to enable you to lead a more balanced life, then you're a future PwCer.