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Transactions Diligence - AM



Cape Town, South Africa
Posted on Sunday, June 9, 2024

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. We’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
As a Transaction Due Diligence Assistant Manager, you will be an important part of our diversely talented, highly experienced team and work at the forefront of high-profile transactions. Our team of strategic advisors sits at the heart of a global team of transaction specialists who deliver high quality advice to our clients.

The opportunity

EY has an established industry leading Transaction Advisory Services Practice. We help clients determine the right deal to do, and then assist them in doing the deal right. We are a growing practice that has the resources to serve any client, anywhere in the world. With so many offerings, you will have the opportunity to develop your career in a friendly, collaborative environment through a broad scope of engagements, mentoring and formal learning. We develop outstanding leaders who team to deliver on our promises to all our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.

You'll be part of the Transaction Diligence team which provides clients with the financial and strategic transaction assistance to ensure the success of their transaction. Our TD teams assist clients throughout the entire transaction process. While traditional financial due diligence is a key element of the service, TD is much broader, incorporating transaction management, negotiation and documentation, and post-completion integration.

Your key responsibilities

As an Assistant Manager, you will be required to support in executing the financial due diligence procedures on the Target company which includes understanding and analysing profit drivers and trends, challenge assumptions of future financial performance, analyse working capital and cash flow drivers of the Target and analyse the balance sheet in the context of a transaction. You will gain exposure to identifying deal risks and upsides and issues impacting deal valuation. Our TD teams assist clients throughout the entire transaction process.

Skills and attributes for success

  • Analyse financial/operational results of targets through reviewing accounting records and conducting interviews with management

  • Participate in due diligence engagements related to acquisitions by private equity investor groups and strategic corporate buyers

  • Prepare/evaluate pro forma financial information

  • Identify issues for purchase price reductions, deal structuring or deal termination

  • Identify post-acquisition action steps to achieve anticipated earnings/cash flow improvements

  • Evaluate effects of seasonality on cash flow requirements. Perform industry and company research

  • Correlate due diligence findings with client valuations.

  • Manage expectations of service.

To qualify for the role, you must have

  • Bachelor's or Master's Degree in Accounting and/or related major.

  • CA(SA) or equivalent

  • Minimum 3 years of accounting experience

  • Strong written and verbal communication skills

  • Strong computer skills

  • Project management skills

  • People management skills

Ideally, you’ll also have

  • Strong analytical and interpersonal skills

  • Dedication to teamwork

  • Strong work initiative and the ability to adapt to new challenges and ideas

  • Willingness to team and learn.

  • A self-starter and results-oriented mindset

What we look for

We’re interested in talented professionals with the ability to visualize our clients’ goals and think creatively to facilitate them - often in politically charged environments. If you have an entrepreneurial spirit, and a genuine passion for taking on new challenges, this role is for you.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture - built on high-performance teaming - where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Plus, we offer:

  • Support and coaching from some of the most engaging colleagues in the industry

  • Learning opportunities to develop new skills and progress your career

  • The freedom and flexibility to handle your role in a way that’s right for you

If you can demonstrate that you meet the criteria above, please contact us as soon as possible. The exceptional EY experience. It’s yours to build.