Job closed
Ref: NP946-207
Job description / Role
Our Transaction Advisory Services (TAS) team works with clients to manage their capital agenda to drive competitive advantage and increased returns. As part of a global team of 10,000 professionals in 100 countries you will advise clients on preserving, optimizing, raising or investing capital. Major groups (or, as we call them, sub-service lines and competencies) within TAS include Valuation & Business Modelling (VBM), Economic Advisory, Mergers and Acquisition Services, Project Finance & Infrastructure, Restructuring Services, Operational Transaction Services, Transaction Support, Corporate Finance Strategy, Transaction Tax.
Join Valuation & Business Modelling and you join a team of experienced professionals who bring to clients excellence across the spectrum of financial modelling and valuation services for a range of purposes including:
• M&A transactions;
• Finance raising;
• Fulfilling regulatory or legal requirements incl. tax
• Financial reporting (IFRS/US GAAP)
• Restructuring and corporate reorganizations
• Dispute resolution
• Building of corporate models
• Portfolio Analysis
You will help guide clients through the valuation process to support them in their strategic needs or in providing them with robust objective valuation opinions as part of an experienced independent appraisal team.
The role:
• Identify and pursue transaction related opportunities incl. due diligence, valuation, financial modelling, lead advisory M&A, feasibility study and business plan development, finance raising, commercial due diligence and market entry studies, IPOs, economic advisory, through active participation in an industry sector team
• Exhibit superior knowledge and appropriate application of a wide variety of technical business valuation approaches and methods, including in situations for which there is no existing precedent
• Coordinate the delivery of large and complex assignments, closely managing team members day-to-day activities and providing constructive feedback post-completion to continually motivate and develop team members skills and capabilities
• Identify, as required, commercial or subject matter expertise required for VBM projects, and identify appropriate EY subject matter specialists and coordinate their input to the project
• Work together with partners and directors to review deliverables, challenging not only written quality but equally the underlying approaches and assumptions selected to ensure that deliverables in the form of reports or presentations for clients consistently achieve the highest standards
• Develop meaningful and enduring local and global relationships internally within EY
• Develop a personal brand both internally within EY and externally with clients for developing high-performing teams that deliver exceptional client service
• Actively develop a business case for further progression within EY through the development and progressive management of client portfolio
Requirements
• A bachelor’s degree plus a recognised accounting, valuation or financial analyst professional designation, or alternatively an MBA/MSc.
• Demonstrate an ability to positively motivate people and build cohesive teams that act on initiative through a positive hands-on leadership style
• Provide examples of the coaching and development of graduates and more experienced professionals in advanced finance and valuation theory and its application with reference to their historical progression with the firm
• Provide examples of involvement of participation in client development teams, the successful winning of assignments and further development or broadening of services provided to the client through successful teaming with other professionals
• Demonstrate during interview commercial awareness and agility, an eye for detail, and an ability to easily build rapport with a wide range of individuals
• 7+ years of experience in valuing corporate businesses, developing feasibility studies/business plans and financial modelling assignments for clients incl.:
• Discounted Cash flow techniques (Free-cash flow (FCF) to Firm (WACC/APV) and FCF to Equity)
• In-depth approach to the application of the market approach:
• Guideline public companies method (comparable companies)
• Precedent transactions method (Comparable transaction)
• In-depth knowledge of the Capital Asset Pricing Model - its advantages and disadvantages, as well detailed knowledge of how to derive or source the components of the cost of equity and the cost of debt
• Derivation and application of control premia/minority discounts
• Derivation/selection and application of marketability discounts
• Participation in a purchase price allocation
• Knowledge of the best practices in financial modelling and a wide range of functions in Microsoft Excel
Experience in the following are an advantages but not a pre-requisites:
• The valuation of complex securities (derivative instruments)
• Experience in reviewing valuations for audit purposes (IFRS/US GAAP)
• Experience in the valuation of fixed assets
• Participation in dispute valuation or expert witness testimony projects
• Exposure to, or participation in M&A processes of both a sell-side and/or a buy-side nature
• Exposure to, or participation in engagements related to the restructuring or re-capitalisation of businesses
• Exposure to, or participation in financial due diligence processes and/or the review of Sale & Purchase Agreements incl. exposure to locked box or completion account mechanisms
• Language requirements: Fluency in the English language incl. written as well as spoken
• Fluent or intermediate Arabic language ability, spoken and/or written is an advantage but not a pre-requisite
• Industry experience in the Oil & Gas sector is an advantage but not a pre-requisite
• In particular knowledge of, or exposure to transaction in the Middle East and North Africa, Asia (incl. China) or U.S. markets is an advantage but not a pre-requisite
About the Company
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available on our site.
The MENA practice of EY has been operating in the region since 1923. For over 95 years, we have grown to over 7,500 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region