Deal Reward (Private Equity) Tax Valuations - Senior 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.

Who we're looking for

Do you have deep private equity experience and a passion for being at the forefront of deals. Do you want to take a lead role in a fast growing MIP advisory valuation business and provide best in class support to PwC's top tier client base? This is a great opportunity to work with a dynamic team and to help shape and grow the business.

Our team has a fantastic role for a confident and proactive senior manager within our Valuation Practice. Given the high growth trajectory of the business we are looking for senior managers with director potential.

About us

Our dedicated Deal Reward Valuation business (majoring on Private Equity management equity and fund carried interest valuations) is part of the largest management equity advisory business in Europe. Agreeing and implementing a management equity plan ("MIP") being one of the key steps in closing deals and to drive Value Creation under new ownership. Similarly, carried interest valuations is a critical consideration to our fund clients.

The team supports a wide array of private equity clients and management teams across a large number of global, European and UK deals annually. The team sits within the wider Valuations business and is closely integrated with PwC Deals and Fund Tax, PwC Corporate Finance and PwC Legal as part of a multi disciplinary offering in the MIP and Carried Interest space.

Deal doers come to us to obtain advice on MIP/carried interest design and valuation for many reasons, including to support them in:

• Designing and assessing MIPs at the competitive offer stage

• Implementation of MIPs at closing

• Through the cycle MIP valuations for joiner and leaver events and MIP resets

• Carried interest valuations

• Vendor assist support and buy side due diligence reviews of third party valuations

• Agreeing and debating valuations with the respective tax authorities

• Expert advice in dispute scenarios; and

• Financial reporting MIP valuations

As commercial deal advisers and MIP/carried interest valuers we need to fully understand our clients' commercial objectives, the industries in which they operate and a deep understanding of deal structures. Our objective is to provide our clients with commercial, pragmatic valuation analysis that draws on industry insight, deal structuring, our deep interaction with various tax authorities and is grounded in technical excellence.

Role Responsibilities

• Contribute to the team's strategic vision and transformation journey and help lead a team of 30+ individuals

• Lead on business development activities and win new work in the market

• Nurture our key client relationships

• Lead and coach teams to deliver a wide range of MIP/Carried interest valuations for the private equity deal channel

• Present sector and technical insight both internally and externally to grow the profile of the team

The following skills and attributes are required for this role

Essential Skills

• Strong PE MIP/carried interest, general private equity and deal structuring experience

• A strong appreciation of value creation objectives in deals.

• Technical valuation skills and experience in respect of leveraged equity instruments

• ACA (or equivalent) or CFA qualified/part qualified is desirable but not essential

Personal attributes

• Proven ability to sell advisory services and develop new business relationships with clients

• Commercial awareness and passionate about the deal environment

• Passionate about client service

• Highly motivated self-starter with a desire to succeed.

• Strong communicator both oral and written

• Consultative and collaborative mind-set with the ability to work effectively in teams, often to tight deal deadlines

• Excellent interpersonal skills, able to work collaboratively with people at all levels in a confident manner

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.