Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com.

About the Division

Financial Advisory - Advising clients in the moments that define their business takes multiple layers of expertise. Much more than due-diligence, this is about diverse teams of specialists coming together, crossing service lines and international borders to tackle the many, complex issues involved in major transactions, and we have one of the broadest networks in the business. Here, you’ll find fascinating, career-building projects, market leading approaches, cutting-edge resources, huge clients and inspirational colleagues, as well as opportunities to develop a deep industry or product specialism.

Our Financial Advisory-Restructuring Services team works closely with:

Management and boards of distressed companies to stabilise crisis situations, helping to turnaround underperforming businesses and (when necessary) help them to restructure their balance sheets; and

Lenders to companies in distress who require advice throughout a restructuring negotiation alongside analytical support and insight (e.g. liquidity reviews and independent business reviews of borrowers).

Main Purpose of Job

Your primary responsibility as an experienced Restructuring Services Advisory professional will be to advise boards, management teams, lenders and shareholder of companies which are underperforming and/or facing financial issues.

Your role as a leader

At Deloitte we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition to living our purpose, Managers across our organization:

• Develop high-performing people and teams through challenging and meaningful opportunities
• Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and borders
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Understand key objectives for clients and Deloitte; align people to objectives and set priorities and direction

The nature of work that you will get involved in may include:

1. Providing oversight on specific workstreams on financial restructuring engagements on a day to day basis, including:

• Managing external stakeholders as well as managing Restructuring Services' team members and other service line teams involved
• Supporting management teams in preparing and challenging business plans, short term cash flow forecasts and restructuring plans
• Advising on restructuring options using input from all teams, where applicable
• Liaising with the Company’s lawyers to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.)
• Leading the team and creating development opportunities for individual team members
• Understanding and actively managing the Firm’s risk from take-on through to completion of engagements

2. Actively drive business development activities using your own contact network

• Identify and pursue potential opportunities using your own network as well as participating in existing business development programmes and key client accounts
• Identify opportunities to expand jobs as well as opportunities to provide wider Deloitte services to existing clients
• Lead marketing initiatives aimed at specific channels to market, or events

3. Actively drive practice and talent development

• Responsibility for development of staff
• Support wider training initiatives

The team increasingly works on cross-border, multi-jurisdictional situations so it is likely that there will be opportunities to work on large and exciting cases in conjunction with colleagues in Deloitte member firms across Africa and worldwide.

Qualifications and Experience:

• Minimum CA(SA) / CFA or Honors Financial Management or equivalent financial qualification
• Minimum of 8 - 10 years of Financial restructuring experience gained as a senior advisor within a professional services firm, consultancy or investment bank or in a workout/ restructuring team (preferable: 5 years in a leadership position)
• Ability and experience in interacting at boardroom level, with various stakeholders. Excellent interpersonal skills and evidence of leading clients/ providing advice in difficult situations
• Strong understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation
• Strong understanding of the restructuring marketplace, its trends and key players (principals and advisers)
• Ability to lead teams and develop people
• Complementary skills such as Debt Advisory or Turnaround and Performance Improvement if market conditions change

Leadership / Behavioural Capabilities

1.     Living our Purpose - Fosters broad commitment to our purpose and values; inspires peers and teams to make an impact that matters

2.     Talent Management - Manages the development of a strong pipeline of talent for current/ future success; owns and drives a talent experience that differentiates Deloitte

3.     Performance drive - Builds a high performance culture by cultivating individual and team strengths; drives outstanding client service, often through large cross-business and/or cross-border teams

4.     Influence - Builds long-term, trust-based relationships with senior stakeholders and influencers, and uses highly developed influencing skills to drive impact, often in complex situations

5.     Strategic Direction - Sets & communicates strategic direction, excites people around the vision and goals and aligns diverse, cross-functional and cross-border teams to achieve success

6.     Competitive Edge - Anticipates market and competitor trends to develop and deliver bold and innovative solutions that differentiate Deloitte with clients

7.     Inspirational leadership - Leads from the front, acting as an exemplary role model for leaders at all levels; promotes a strong sense of loyalty and followership and energizes others to act

*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.