Financial Advisory, Manager / Associate Director

The Role

The Manchester-based Financial Advisory team have led many of the largest and most complex assignments in the region over the last few years. Recent administration projects include Studio Retail plc, Urban Splash Haus, Missguided Retail, Broadway Fibre LLP. The team has a market-leading advisory presence and works with a broad range of corporates (including both plc and privately-owned), PE and lenders. Recent disclosed projects include advising McBride plc on its refinancing, Matalan group on its refinancing and restructuring and Eddie Stobart Logistics plc on its rescue transaction, as well as a number of mid-market and/or confidential assignments. Opportunities also exist throughout the year to work with the broader Teneo Financial Advisory practice on national and international assignments.

This is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory skills and experience. You will work alongside some of the most experienced practitioners in the field advising the boards, management teams, lenders and shareholders of companies which are underperforming and/or facing financing issues.

As a Manager / Associate Director in the team you will have the opportunity to work on a diverse range of engagements across all sectors, with plenty of responsibility for leading workstreams, managing junior staff and supporting Directors and Managing Directors in client-facing delivery.

The Financial Advisory Team at Teneo

Teneo’s global Financial Advisory business advises corporates, creditors and other financial stakeholders in situations of financial stress and distress. No two situations are the same. Our advice and approach is tailored to each situation and each client. At Teneo, we believe such occurrences present new opportunities for our clients. Opportunities to restore value, raise new capital, pivot in a new direction and ultimately, identify certainty amidst chaos. Teneo partners with clients to find viable opportunities that will protect and enhance value and help them to build strategies that will most benefit their business and/or investment goals.

Integrating the disciplines of financial advisory, management consulting, investor relations, strategic communications, government affairs, risk analysis and talent advisory, Teneo’s global Financial Advisory team guides companies and their stakeholders through periods of uncertainty and stress. We help address the challenges a business faces, whether that is targeted performance improvement to Financial Advisory, or delivering a route to recover value, our focus is delivering certainty from uncertainty.

Key Responsibilities

Project managing parts of the engagement and appointments, providing support to the director/ managing director (or often directly Senior Managing Director) in managing external stakeholders

Supporting management teams in preparing and challenging business plans, short term cash flow forecasts and restructuring plans

Developing, analysing and presenting restructuring options using input from other teams, e.g. strategy or tax analysis,

Managing a portfolio of insolvency appointment, engaging with key stakeholders and supporting Insolvency Practitioners tending to statutory requirements

Liaising with the Company’s lawyers to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.)

Managing diverse teams within an inclusive team culture where people are recognised for their contribution Understanding and actively managing the Company’s risk from take-on through to completion of engagements

Actively support business development activities, building your own contact network and supporting Director/ Managing Director-led marketing and sales activities

Participating in existing business development programmes and key client accounts

Identify opportunities to expand jobs as well as opportunities to provide wider Teneo services to existing clients

Take responsibility for leading marketing initiatives aimed at specific channels to market, or events

Actively support practice and talent development

Provide on-job coaching and development to staff

Develop junior staff outside of jobs through appraising and mentoring

Support wider business training initiatives

Key Skills & Experience

Financial restructuring, insolvency or transaction experience gained either as an advisor within a professional services Company, consultancy firm, bank or investment bank; as an analyst in a debt or special situations fund of benefit, however not essential.

An understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation

Good understanding of the restructuring, insolvency and transaction marketplace, its trends, and key players (principals and advisers)

Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options, an understanding of insolvency procedures and practices

Excellent interpersonal skills

Strong project management skills

Excellent reporting writing and financial analysis skills

Ability to lead small teams and develop people

Ability to conduct business in fluent oral and written English is a pre-requisite;

What can we offer you?

New joiners are supported by an induction programme. As well as this we offer a whole host of benefits and reward including;

Market-leading Salary

28 days holiday

Cash benefits allowance

Discretionary Bonus Scheme

Extensive investment in personal development & learning

Enhanced maternity and paternity leave (depending on length of service) and shared parental leave

Life assurance

Cycle to work schemes

Regular social, cultural and charitable activities

About Teneo

Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future.

Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations.

Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance, ESG and DE&I.

The firm has more than 1,500 employees located in 40+ offices around the world.