Job Summary: The BRS Director is responsible for executing and leading a team of BRS Staff in business restructuring and bankruptcy related engagements, including bankruptcy litigation, and addressing complex questions and issues under the direction of a BRS Principal or Managing Director. The BRS Director is also expected to spend a significant amount of time marketing and networking for new business, including identifying, pursuing and leading new business proposals. Job Duties: Bankruptcy & Restructuring Services:
- Marketing and New Business Development Activities:
- Assists Principals and Managing Directors in identifying, pursuing and winning new business opportunities
- Leads BDO pitch team for small or middle market company opportunities, or participates as key speaking member of pitch team for larger new business opportunities
- Assists pitch team in responding to new business inquiries
- Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
- Builds and expands network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.) and gets name known in restructuring industry
- Prepares complete pitch book for new business opportunities, including cover letter and conflict check
- Conducts and clears conflict checks, prepares draft retention affidavits or engagement letters and reviews fee applications or invoices; ensures compliance with all other court filing requirements
- Builds network of contacts in the industry (e.g. lawyers, bankers, PE firms, creditors, etc.)
- Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)
- Engagement Project Leadership:
- Takes lead role in preparing and executing BDO engagement strategy as project leader in consultation with engagement principal
- Takes lead role in presenting BDO work product to counsel or client and responds to questions
- Takes lead role in interactions with counsel or senior company management on complex operational, restructuring or bankruptcy issues
- Possesses superior financial restructuring and bankruptcy technical skills, including strong ability to identify bankruptcy or financial restructuring related issues and make recommendations to address issues
- Possess superior ability to analyze cash flow projections, identify issues and develop a plan of action to address issues
- Reviews reorganization/liquidation plan, evaluates plan for client, identifies key issues and makes recommendations to address issues
- Evaluates and recommends alternative courses of action and potential solutions to achieve best result for client
- Testifies at deposition or in Court on work performed by BDO and defend work in cross examination
Other duties as required Supervisory Responsibilities:
- Supervises the day-to-day workload of BRS Senior Managers, Managers, Senior Associates and Associates on assigned engagements; reviews work product, provides timely performance reviews and assists in the development of goals and objectives to enhance staff professional development
- Provides on-the-job training for all BRS Senior Managers, Managers, Senior Associates, and Associates on each engagement
- Acts as Career Advisor to BRS Senior Managers, Managers, Senior Associates and Associates, as appropriate
Qualifications, Knowledge, Skills and Abilities: Education:
- Bachelors degree in Accounting, Finance or other relevant field required
- MBA or other relevant advanced degree beneficial
Experience:
- Eight (8) or more years of prior experience performing business restructuring or related consulting services required
- Prior experience working within a national public accounting firm or consulting organization preferred
- Five (5) or more years of management experience required
License/Certifications:
- CIRA and/or CTP designation required
- CPA, CFE and other relevant certifications beneficial
Software:
- Proficient in the use of Microsoft Office Suite, specifically Excel, Word, and PowerPoint
Language:
Other Knowledge, Skills & Abilities:
- Excellent verbal and written communication skills, including the ability to review work product developed by others
- Willingness to go above and beyond to provide superior work product while meeting engagement deadlines Superior analytical skills, including ability to identify issues and anomalies
- 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
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Ability to effectively managing a team of professionals and delegate work assignments as needed
- Ability to build and maintain strong relationships with internal and client personnel
- Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
- Executive presence and ability to act as primary contact on assigned engagements, while timely keeping Principals informed of progress
- Ability to develop financial models, especially integrated P&L with balance sheets and cash flows
- Advanced knowledge of debt and lease restructuring, cash flow and balance sheets, along with liquidation analysis
- Advanced 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: $230,000 - $250,000 Maryland Range: $230,000 - $250,000 NYC/Long Island/Westchester Range: $230,000 - $250,000
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