PwC Middle East

Business Restructuring Services Manager, Deals

Expiring today

Location
Beirut
Salary
Not disclosed
Posted
20 May 2024
Closes
20 Jun 2024
Ref
533541WD
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Description

Established in the region for 40 years, PwC has around 8,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates.

Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 328,000 people across the entire global PwC network in advisory, assurance, and tax to help you find the value you are looking for.

Job Description & Summary

PwC’s Business Restructuring Services (BRS) team is currently the largest restructuring practice in the Middle East, with over 60 employees operating across various offices in the region. Our team helps organizations facing financial distress or insolvency with crisis recovery, administrative tasks, liquidation, and insolvency proceedings. Whatever the solution, we help them manage road blocks until the job is done.

We develop and implement realistic and pragmatic plans by applying restructuring and stakeholder management skills, functional knowledge, and proprietary assets and tools to support Executives in making difficult decisions and driving through change in a short timeframe. We help clients, among other things,to reduce balance sheet stress, generate cash and reduce costs or refinance to find the best source of capital to support their business objectives. Whatever the solution, we help them manage road blocks until the job is done.

What to consider before applying

  • This role requires the candidate to be based in Beirut, Lebanon.

The Role

As a Manager in our Business Restructuring Services team, you will work as part of a team of problem solvers, helping solve complex business issues from strategy to execution and operations. Responsibilities include, but may not be limited to:

  • Day-to-day case management of administrations, liquidations, and other corporate insolvency processes, taking responsibility from commencement to conclusion and ensuring proactive case progression
  • Involvement in pre-insolvency planning matters
  • Ensuring compliance with statutory deadlines on cases
  • Liaison with and management of internal and external stakeholders, including communications with remote-based colleagues and dealing with external lawyers agents, and key creditors
  • Developing internal relationships with a range of colleagues both in the team and more widely
  • Contributing to the management of the team, including delegating tasks and training, coaching and supervising staff
  • Keeping up to date with insolvency and other relevant legislation across the local market and the GCC
  • Involvement in in-court restructuring schemes and other related tools
  • Identifying risk issues and ensure these are dealt with and/or escalated
  • Maximizing net returns for clients and other stakeholders from financially distressed companies and individuals
  • Conducting investigations of financial information and identifying transactions that could lead to civil actions or penalties
  • Day-to-day management of asset recoveries and litigation matters
  • Bringing your unique skills and interests to bear to improve outcomes for our clients, people, and practice

The Requirements

  • Confident with financial statement analysis and review
  • Eager to build long-lasting relationships with external stakeholders in order to identify value add opportunities for existing and potential clients
  • Successful at managing multiple stakeholders
  • Confident to develop and lead teams
  • Hands-on experience with restructuring activities ideally from a professional services background or corporate banking is preferred
  • Exposure to M&A or Deals Advisory (supported a business undergoing mergers, integrations, spin-offs and/or divestiture transactions) is preferred
  • Strong financial modeling and analytical skills, with the ability to interpret complex financial data and develop strategic recommendations is preferred
  • Experience in financial due diligence
  • Possess excellent numeracy and attention to detail skills
  • High-impact communication in the written and verbal form
  • Ability to leverage technology-enabled and digital tools to achieve efficient delivery for our clients
  • Excellent organizational skills, having the ability to prioritize workload whilst being resilient and being able to cope well under pressure and meeting tight deadlines

Why you’ll love PwC

We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of amazing teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your well-being, through a competitive compensation package, inclusive benefits, and flexibility programs that will help you thrive in work and life. Learn more about us at https://www.pwc.com/m1/en/about-us/life-at-pwc.html

For further information, and to apply, please visit our website via the “Apply” button below.

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