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Job Summary: The TRS Manager is responsible for executing and leading a team of TRS Staff in business restructuring and bankruptcy related engagements, including bankruptcy litigation and financial due diligence, and addressing complex questions and issues under the direction of a TRS Principal, Director or Senior Manager. The TRS Manager also assists with marketing, networking and business development activities for the TRS Group, including proposal preparation. Job Duties: Bankruptcy & Restructuring Services
- Marketing and New Business Development Activities:
- Assists Principals, Managing Directors, Directors and Senior Managers in identifying and pursuing new business opportunities
- Assists BDO pitch team in preparing for new business opportunities and responding to inquiries
- Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
- Prepares majority of pitch book for new business opportunity, including cover letter and assist in conflict check process.
- Conducts and clears conflict checks and prepares draft retention affidavits or engagement letters; ensures compliance with all other court filing requirements
- Begins to build network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.)
- Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)
- Engagement Project Leadership:
- Assists engagement director or principal in executing engagement
- Presents BDO work product to counsel or client and responds to questions
- Interacts with counsel or company management on complex operational, restructuring or bankruptcy issues
- Possesses strong financial restructuring and bankruptcy technical skills, including ability to identify bankruptcy or financial restructuring related issues
- Possesses strong ability to analyze cash flow projections and identify issues
- Evaluates management to determine ability to operate and reorganize business operations
- Assists with the preparation and/or ensures the disclosure statement and reorganization plan meet all required financial and bankruptcy requirements
- Reviews reorganization/liquidation plan, evaluate plans for client and identifies issues
- Evaluates alternative courses of action and potential solutions to achieve best result for client
- Other duties as required
Supervisory Responsibilities:
- Supervises the day-to-day workload of TRS 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 TRS Senior Associates and Associates on each engagement
- Acts as Career Advisor to TRS 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:
- Six (6) 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
- One to two years of management experience preferred
License/Certifications:
- CIRA designation preferred
- CPA and CTP certifications beneficial
Software:
- Proficient in the use of Microsoft Office Suite, specifically Excel, Word and PowerPoint
Other Knowledge, Skills & Abilities:
- Excellent oral 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
- Solid 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 staff 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
- Management presence and ability to act as key contact on assigned engagements, while timely keeping Directors and Principals informed of progress
- Ability to develop financial models, especially integrated P&L with balance sheets and cash flows
- Solid knowledge of debt and lease restructuring, cash flow and balance sheets, along with liquidation analysis
- Solid 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: $135,000 - $160,000 Maryland Range: $135,000 - $160,000 NYC/Long Island/Westchester Range: $135,000 - $160,000 At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you. Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact. BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity. We are proud to be an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together. Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits. Click here to find out more! *Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more!
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