Restructuring Associate Director (Financial services, Restructuring & Insolvency)

More than you expected

Grant Thornton UK LLP is part of a global network of independent audit, tax and advisory firms, made up of some 73,000 people in over 150 countries. We're a team of independent thinkers who put quality, inclusion and integrity first. All around the world we bring a different experience to our clients. A better experience. One that delivers the expertise they need in a way that goes beyond. Personal, proactive, and agile. That's Grant Thornton.

Job Description:

MORE THAN YOU EXPECTED

Grant Thornton UK LLP is part of a global network of independent audit, tax and advisory firms, made up of some 58,000 people in over 135 countries. We're a team of independent thinkers who put quality, inclusion and integrity first. All around the world we bring a different experience to our clients. A better experience. One that delivers the expertise they need in a way that goes beyond. Personal, proactive, and agile. That's Grant Thornton.

NEW GROUND WON’T BREAK ITSELF.

Every day our teams help people in businesses and communities to do what is right and achieve their goals.

Grant Thornton’s well established Financial Services Restructuring & Insolvency team (FSR&I) specialise in supporting firms in the financial services sector navigate periods of stress and distress by providing restructuring and insolvency services.

We help lenders, investors and management teams with challenging situations arising from financial or operational issues which may be driven by changing market conditions or regulatory intervention. Our expertise includes turnaround services, restructuring solutions, wind down and contingency planning, business reviews and formal insolvency appointments.

The FSR&I team support a wide range of financial services firms, including insurers, brokers, clearing banks, e-money and payment service providers, funds and investment managers, among others. In recent years, the team has worked on some of the largest and high-profile assignments, including Greensill Capital, Small World UK, Loans at Home, Wonga, Brighthouse and CashEuroNet, as well as a number of confidential engagements across the financial services sector.

You will work as part of a diverse team who are passionate about understanding the issues that are important to our clients. The constantly evolving financial services landscape calls for a proactive approach, so you will need to push ideas harder and ask the difficult questions to give clients the assurance they need to support them through challenging periods of their lifecycle.

We’re happy to talk flexible working and consider reduced hours and job shares, we’ll support you to balance your work and life.

A look into the role

As an Associate Director within our Financial Services Restructuring & Insolvency practice, you will:

• You will be responsible for managing a portfolio of case work with appropriate director and partner oversight.
• You will have experience in financial services restructuring, managing and delivering business reviews, wind down and contingency planning, as well as formal insolvency appointments.
• Assists partners and directors in preparing and pitching for new assignments.
• Creates space for business development and project work by effectively delegating to the team
• Can apply technical knowledge appropriately in the context of individual assignments and display both skill and speed in resolving client problems.
• You will take responsibility for compliance, budgets and billing, providing a timely and profitable service in accordance with the highest professional standards.
• Set the budget at the outset in agreement with the assignment lead, managing the assignment against the budget and billing on time.
• Identify new business opportunities and uses them for both personal development and the benefit of the firm.
• Has good network of external contacts and is proactive in maintaining this network and developing a strong internal network.
• Maintains impetus on progressing projects and delivers on those projects.
• Deals with difficult, complex problems and investigates significant issues.

Joining us as an associate director , the minimum criteria you’ll need; you must be a qualified accountant (ACA/ACCA) with more than five (5) years post qualification experience appropriate for this role.

It would be great if you had some of the following skills, but don’t worry if you don’t tick every box, we’ll help you develop along the way.

• Your experience should include managing projects, including independent business reviews, short-term cash flow reviews, accelerated sales processes, contingency planning and execution of insolvency appointments (including pre-packaged administration appointments).
• It is expected that in managing projects you have been responsible for small teams of junior staff, overseeing their work and taking ultimate responsibility for report and document production. You will have been reporting directly to the lead partner or director overseeing the assignment.
• You will have demonstrated a keen interest in developing and maintaining a network of contacts in the restructuring market.
• Whilst not essential for the role, further insolvency qualifications such as CPI and/or JIEB.

Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone.  Building an inclusive culture, where we value difference and respect our colleagues helps our people to perform at the best of their ability and realise their potential.

Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.

Knowing we’re right for you 

Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone.  Building an inclusive culture, where we value difference and respect our colleagues helps our people to perform at the best of their ability and realise their potential. 

Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.  

Beyond the job 

Life is more than work. The things you do, and the people you’re with outside of work matter, that’s why we’re happy to look at flexible working options for all our roles, and we’ll always do our best to keep your work and life in balance.

The impact you can make here will go far beyond your day job. From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you’ll be giving back to society. It’s that drive to do the right thing that runs through our every move, grounded in our firm’s values – purposefully driven, actively curious and candid but kind.

We’re looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what’s right, for the firm, our clients, our people and themselves. It’s how it should be.

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