Manager Associate Director, Financial Advisory

The Role

This is an excellent opportunity to join our established Midlands team, where you'll be supported in developing and applying your advisory and insolvency expertise. You’ll work alongside some of the most experienced practitioners in the field, advising boards, management teams, lenders, and shareholders across a broad spectrum of underperforming or financially stressed companies, from SMEs to PLCs.

Our team has recently led several high-profile mandates, including acting as Special Manager for Specialty Steel UK Limited, providing expert input into the Thames Water Restructuring Plan, and acting as Special Administrator for Bulb Energy.

As a Manager / Associate Director in the team, you will have the opportunity to work and lead on a diverse range of engagements across all sectors, with plenty of responsibility for leading work streams, managing junior staff and supporting Directors and Senior Managing Directors in client-facing delivery.

Our global Financial Advisory business advises corporates, creditors and other financial stakeholders in all situations – from well-performing to stressed. No two situations are the same, and our advice and approach is tailored to each set of circumstances and client.

Teneo guides companies and their stakeholders through periods of uncertainty and stress to create liquidity headroom, reduce costs, improve profitability, turnaround or exit underperforming businesses, assess options, address balance sheet stress, communicate appropriately with all stakeholders, more efficiently run their businesses and, ultimately, deliver certainty from uncertainty.

Our expert team also brings market-leading experience in establishing and delivering contingency plans and insolvencies across multiple jurisdictions, providing credible fallback plans to protect value or helping to shape and affect a restructuring.

Client service

• Preparation of engagement letter(s) and ensuring adherence to all compliance requirements.
• Manage parts of the engagement, providing support to the Senior Managing Director/ Director in managing external stakeholders.
• Support management teams in preparing and challenging business plans, short term cash flow forecasts and turnaround / restructuring plans.
• Providing comprehensive financial restructuring and cash management services to identify working capital and other cash flow improvements.
• Reviewing and stress-testing integrated business plans, budgeting and forecasting models using a fact-based, data driven approach.
• Develop, analyse and present Financial Advisory options using input from other teams, e.g. tax analysis, sector and financial modelling.
• Liaise with the company’s / lender’s legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation, insolvency sale and trading agreements etc.)
• Developing and inputting into insolvency strategies.
• Delivering key aspects of insolvency assignments including trading, sales process, asset realisations, monitoring, reporting and liaising with the insolvency delivery team to ensure all statutory compliance completed.
• Apply an understanding of engagement economics, financial and risk management.

Knowledge acquisition

• Build client relationship skills, sector knowledge and continue to develop leadership skills.
• Continue to build technical expertise, broader business advisory and people management skills.
• Understand the market, topical issues and our Financial Advisory propositions.

People and leadership

• Support practice and talent development.
• Provide on-job coaching and development to staff.
• Develop junior staff outside of jobs through appraising and mentoring.
• Support wider Financial Advisory training initiatives.
• Manage diverse teams within an inclusive team culture where people are recognised for their contribution.
• Start to own elements of business development including actively supporting business development activities, building and expending your own contact network and supporting Director/ Senior Managing Director-led marketing and sales activities.
• Participate in existing…