BRS - Operational Restructuring (Corporate) - Manager

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Job description

In Deals we solve the important problems that stand in the way of value being created, sustained, realised or protected for our clients - working together to aid responsible recovery and growth.
We put together major mergers and acquisitions and resolve business crises - from international take-over bids to financial crime investigations and cases of insolvency. Our teams work on iconic deals with national and global clients as well as operating and investing in businesses, new ventures and entrepreneurs in our local market and communities. It's both a responsibility and a privilege to guide our clients through moments that matter deeply to them. Our breadth of clients in an ever-changing market means we need to be agile - responding when we need to, in a way that really makes a difference.
We draw upon our deals experience across many industries to support and partner with our clients, to positively impact society and the communities in which we operate. The insight we create, coupled with the innovative tools and methodologies we use to access and evaluate the data that matters, contributes to the success of our clients in all Deals situations. We encourage our clients to think more broadly - connecting their actions today with their successes tomorrow. We help our clients throughout the Deals lifecycle to create lasting value for their businesses.
Each of our key areas within Deals, delivers services to the market individually or together by combining our specialists to provide comprehensive client solutions.

About the team

Our Business Restructuring Services (BRS) practice is currently the largest restructuring practice in the UK operating from 23 offices.
Within BRS, our Operational Restructuring practitioners work alongside Senior Executives to drive operational change at pace whether it be to reduce cost as a means of protecting margins, responding to a crisis, to generate cash or to realise the value of a deal or transaction.
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.
About the role
Corporates are under significant pressure to make changes to their businesses and operating models as a result of the macro-economic and geopolitical landscape, increasing competition and ongoing revenue pressures.

We are expanding our team to support the increasing demand from our clients across a broad range of sectors to transform their operations. As well as working with a wide range of clients, you will also work with leading practitioners across the Deals, Strategy & and Consulting practice within the Firm.
As a Manager in the team, you will be working with clients on a breadth of operational restructuring assignments, including cost reduction, cash management and working capital management, focused on identifying and implementing sustainable performance improvements.
Your responsibilities will include:

• Bringing sector expertise and a demonstrable understanding of the challenges facing our clients to offer insights and value to transformation programmes
• Assimilating complex information to formulate structured, pragmatic and meaningful client recommendations.
• Undertaking market and client analysis to understand the clients' commercial challenge and translating this into operational implications such as cost reduction, working capital improvements.
• Performing cashflow sensitivity analysis, financial baselining and forecast reviews
• Preparing presentations and/or reports to key stakeholders (e.g. Board, senior management).
• Managing stakeholders and inspiring change.
• Developing, managing and sustaining strong client relationships with clients and within the Firm.
• Drawing in expertise from different parts of the Firm to bring a compelling value proposition to clients.
• Taking responsibility for leading junior members of the team where required including coaching and upskilling of junior team members.
• Actively managing project economics and overall programme governance.

You will also be expected to actively contribute to the development of our team by:

• Supporting with marketing and business development initiatives (both internally and externally) to continuously develop our position in the market.
• Managing a diverse and inclusive team.
• Coaching and acting as a role model for the junior members of the team.

The role will be based in either London or one of the regional hubs (Watford, leeds, Manchester, Bristol, Reading or Birmingham) but requires flexibility to travel throughout the UK, with the potential to travel overseas, depending on client requirements
Essential Skills and Experience
We are looking for candidates with the experience of supporting clients throughout the operational transformation lifecycle from strategic opportunity assessment and planning through to supporting the delivery of specific initiatives.
Given the multi-disciplinary nature of the work, these candidates will have experience either in industry or advisory or ideally both and have the following capabilities:

• Both financial and operational quantitative analytics.
• Experience of working capital, supply chain optimisation, procurement, debt management.
• Experience of working on complex operational change.
• Experience of managing stakeholders.
• Ability to manage ambiguity or conflicting priorities.
• High impact communication in the written and verbal form with extensive experience of development of power point presentations to synthesise analysis and communicate key conclusions.
• Experience of leading and developing team around you.
• Ability to leverage technology enabled and digital tools to achieve efficient delivery for our clients.

You'll be joining a team who welcome your outlook and knowledge, whilst providing you the opportunity to develop your skill set further within one of the world's leading professional organisations

Our hybrid ways of working offer flexibility to our working arrangements. As changes have been made to the firm and national policies with the lifting of restrictions, it is anticipated that our working practices will continue to evolve and we will return to closer working with our clients.
You will, therefore, need to be willing to travel and be flexible around your working location. This could require working away from your base office location on a regular basis and regular overnight stays may be required. Where possible, we will take your preferences into account and strike a balance between meeting your career development/personal needs and those of the business and our clients.

Deals
Our Deals business is an exciting, fast-paced and an ever-growing business that focuses on deals and crisis situations for our clients. Collectively, we deal with the types of situations you hear about regularly in the news and we provide support, insight and analysis to the management, shareholders and financiers of business.

Not the role for you?
Did you know PwC offer flexible contract arrangements as well as contingent work (ie temporary or day rate contracting)?

The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.
Learn more here:

The Deal
We want all of our people to feel empowered to be the best that they can be, which is why we have 'The Deal'.
Find out more about our firmwide Employee Value Proposition:

Diversity
Valuing Difference. Driving Inclusion.
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.