Director: Business Restructuring (JHB Illovo) at BDO South Africa

Purpose of the role:

• The local and global business environment requires access to skilled restructuring professionals to meet the current demand. You will use your skills and experience to help our clients anticipate and manage the impact of economic changes and challenges to their businesses. As a Restructuring Professional, you will be required to take statutory appointments in the business rescue and/or the liquidation profession. You will be required to work on compromises and various forms of informal restructuring assignments, including independent business reviews. You will work as part of an existing and dynamic team and will report to senior staff.

Main Duties & Responsibilities

• Everything you do will lead to providing definitive restructuring services to clients. You will analyse all relevant information to a financially distressed business, including financial statements and contracts as part of your restructuring mandates.
• You will be required to draft restructuring plans and be able to convert financial information into acceptable formats such as business rescue plans, Liquidation and distribution accounts and independent business reviews
• You will be required to work with a myriad of people, at all levels of seniority, with dignity and care.

The opportunity:

• You will work with challenging but motivating projects spread across a wide spectrum of companies nationwide, specifically focusing on financially distressed businesses.
• You will be working with a vibrant team that is focused on helping our clients succeed. Moreover, this role will offer you a diverse and independent work schedule that requires commitment and initiative.

What we look for:

• We are most interested in people who are naturally curious and ready to work in the restructuring environment. We are looking for a sociable and outgoing professional who enjoys working with others and building relationships with both colleagues and clients.
• A goal-oriented individual who can implement strategies with the ambition to strive for excellent service. Furthermore, we need a structured individual with good analytical skills and a genuine interest in restructuring.
• In return, you can expect the support of colleagues, as well as the requisite training you’ll need to grow in your career.

What working at BDO Offers:

• We understand the importance of continuous professional development for our employees and so we offer support, coaching, mentoring and feedback.
•  You will have the flexibility and freedom to outline and manage your work plan and therefore have complete ownership of your role.
•  We also offer a highly competitive compensation package that reflects our appreciation for your performance and the value you bring to our business.
•  Consultancy to BDO can also be explored

Requirements:

Qualifications:

• BCom, LLB and /or CA (SA)
• Around 2-4 years’ post article experience as an accountant or attorney, with good commercial experience
• Excellent critical thinking and analysis skills, and the confidence to identify and resolve problems
• The ability to speak in public and run internal and external meetings
• A proven record of excellence in communication and negotiation, supported by the technical writing skills to translate data into compelling stories and meaningful insights.
• Licensed business rescue practitioner with CIPC and /or on the Master of High Court’s liquidators panel (or willing to be licensed by CIPC or to be placed on the Masters panel once employed

Skills & Attributes:

• Identifying potential issues and solutions in financially distressed businesses
• Demonstrating your professionalism while working in difficult client environments whilst still providing exceptional client service
• Operating effectively in a regulated environment, with a focus on protecting the capital markets and the investing public
• Having a genuine passion for protecting the financial markets via audit procedures auditing, and the resilience to prioritize and adapt in a demanding, fast-moving, constantly changing environment.