The Executive will work with managers on investigation (turnaround and accelerated M&A) assignments and formal insolvency appointments. They will prepare, review and comment on detailed financial models and analyse and interpret financial information and prepare reports. They should understand the impact of insolvency when assessing options.
Main Responsibilities
Markets
- Familiar with the functions of other GT departments and utilise as appropriate.
- Should be starting to build own network both internally and external to the Firm.
- Understands the services of Grant Thornton and be able to spot cross selling
Opportunities.
- Takes active roles in marketing events and seminars, including organising, as required by
the department.
Clients
- Able to define "win-win" situations for client and firm and understands potential trade-offs
between fee/profit maximisation and long term business with client.
- Demonstrates excellent research skills including IT skills and thinks in a logical and
structured manner whilst bringing commerciality into analysis and findings in terms of
proportionate work and interpretation of findings.
- Identifies the means of optimising financial returns in a client context and begins to
understand potential trade-offs between financial and non-financial outcomes.
Collects and presents information (verbal and written) to clients and managers/partners in
a logical manner.
- Flexibility to be able to travel to 10 client premises and to work/study from home
People
- Supervises and coaches staff junior to them as required, and ensure that these staff has
job briefings and regular review meetings.
- Carries out job reviews and or appraisals for staff as required and ensure paperwork is
completed and filed in timely fashion.
- Responsible for ensuring own appraisal and job reviews are completed on time. and that
a training plan is in place.
- Sets a good example to staff.
- Keeps up to date technically in order to carry out role e.g. attends internal training events
including courses.
- Understands and works within budgets so that agreed recovery targets can be achieved.
Case management and compliance
- This is the key part of the role and in carrying it out, it is important to report to managers and
on a regular basis to update them on case progression and any compliance issues.
encountered.
- Understands (through experience) the basics of Statutory Insolvency case work. Attend
Core Insolvency Courses.
- Understands the mechanics of engagement letters and liability caps and can prepare
engagement letters in accordance with the firms requirements and ensure all other take
on procedures are complied with.
- Understands and adheres to offIce and departmental procedures and risk management
requirements e.g. money laundering, risk management manual.
- Must be able to understand and interpret accounts and other financial information.
- Able to quickly assimilate data.
- Able to understand, review and critique cash flow, profit and loss and balance sheet
forecasts.
- Able to prepare integrated profit and loss and cash flow forecasts.
- Able to draft long form and bullet point reports.
- Able to interview company staff and gain their confidence.
- Has some understanding of accounting standards.
- Demonstrates understanding of security reviews
- Demonstrates some ability to implement trading strategy in turnaround situations once
strategy is agreed, including monitoring trading performance.
- Basic understanding of corporate finance and valuation approaches and banking terms.
- Attends and possible present at meetings with work providers/banks.
- Prepared to formulate and articulate views on company's management.
- Ensures their timesheets and those who they supervise, should be submitted on time awareness of commercial implications of actions taken on assignment.
Education and Qualifications
ACA Qualified
Grant Thornton -
12 months ago