Business Recovery Services Manager at PwC South Africa

Qualifications / Certifications required:

• Bachelor of Commerce with Honours in Accounting with CA (SA);
• Bachelor of Business Science with Honours in Finance / CA (SA);
• Engineer or relevant professional qualification (e.g. MBA, APICS, CPIM); or
• CFA, CIMA or other relevant related degree / professional designation.

Experience required:

• Experience of operational improvement programmes
• Advisory experience from a management consultancy, advisory firm or as an 'internal consultant' in a corporate
• Operations experience, across one or more sectors: engineering, financial services, retail, industrial, consumer, high tech, utilities, logistics, telecoms and energy
• Proven P&L analysis, cash flow and balance sheet work
• Competent with spreadsheets, financial and operational KPIs. Comfortable with financial analysis
• Track record in business development

Responsibilities of role:

• As a member of the PwC CARS (Capital Advisory and Restructuring Services) team, the candidate will be involved in a variety of restructuring and performance improvement projects across a diverse range of industries and will gain exposure to a wide range of clients.
• PwC CARS services a wide spectrum of clients ranging from large, listed multinationals through to entrepreneurial, owner managed businesses, covering both domestic and cross Africa border work.
• We are looking for a Senior Manager to join our growing team to work on high-profile clients experiencing stress / distress to their business model and who require turnaround or transformation with a financial, and/ or an operational restructuring lens, spanning a broad range of industry sectors. 
• You’ll provide advice and assistance around restructuring and/or turnaround.  Typically you will work with clients to identify and implement rapid, tactical and sustainable operational restructuring measures, for example you will advise on:
• Independent business reviews,
• Turnaround strategies, with specific performance intervention measures and targets,
• Strategic options analysis,
• Contingency planning reviews,
• Cost out and EBITDA optimisation initiatives
• Short-term cash flow reviews and forecasting, helping clients see and control their cash positions
• Cash levers to smooth cash flow/ conserve cash
• Working capital improvement plans;
• Restructuring Office services - helping client management develop and implement turnaround programs

In addition to these services you’ll be expected to:

• Take on a “hands-on” role to manage stakeholders and inspire change
• Provide robust management and monitoring of change programmes
• Be responsible for the day to day leadership of projects with minimal oversight from a Director/Partner
• Interface directly with client management, financiers and other advisors
• Prepare presentations and/or reports to key stakeholders (e.g. Board, Private Equity investor, lenders, etc.)
• Work alongside other PwC teams, including specialist lines of service and sector experts.