Business Restructuring Services at PwC South Africa

As a Senior Manager, you’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

•  Take action to ensure everyone has a voice, inviting opinion from all.
•  Establish the root causes of issues and tackle them, rather than just the symptoms.
•  Initiate open and honest coaching conversations at all levels.
•  Move easily between big picture thinking and managing relevant detail.
•  Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
•  Develop specialised expertise in one or more areas.
•  Advise stakeholders on relevant technical issues for their business area.
•  Navigate the complexities of global teams and engagements.
•  Build trust with teams and stakeholders through open and honest conversation.
•  Uphold the firm’s code of ethics and business conduct.

About the role

A typical assignment may include some or all of the following

•     Independent business review of current financial position, key drivers of value and key risks of businesses across a range of sectors and geographies to identify the right capital structure solution.
•     Review (often in a short space of time) of businesses for long term viability, valuation and assessment of options (including contingency planning)
•     Review and understanding of the priority of various classes of creditor.
•     Managing and monitoring the cash flows of a business.
•     Work with multiple senior stakeholders to negotiate, agree and implement solutions.
•     Work alongside management to implement cost saving and working capital improvement plans.
•     Work alongside other PwC teams, including specialist lines of service and sector experts.
•     Preparation of presentations and/or reports to key stakeholders (e.g. lenders, private equity sponsors, management).
•     Undertake executory appointments

Minimum Qualifications

•     CA(SA) / CFA/CIMA/LLB or relevant degree
• Essential skills and experience
• A minimum of 5 years’ experience in Business restructuring, preferably from a financial institution or banking background.
•     Sound financial analytical skills.
•     Strong commercial and business acumen.
•     Understanding of key restructuring and insolvency principles.
•     Strong interpersonal skills and comfortable communicating with all levels (internal and external).
•     Desire to manage, develop and train junior members of the team.
•     Flexibility in terms of diverse industries and role.
•     Flexibility in working location.
•     Ability to support marketing and business development, demonstrating a proactive approach to the marketplace.
•     Proven project and time management skills.
•     Good excel modelling skills.
•     Ability to work to tight deadlines in a pressurised working environment.
•     Excellent verbal and written English.
•     Good understanding of Insolvency Law and Business Rescue