The Managing Director is responsible for executing, building out, and leading a team of TRS in business restructuring and bankruptcy related engagements, including bankruptcy litigation, and addressing complex questions and issues under the direction of an Advisory Principal. The Managing Director is also expected to spend a significant amount of time marketing and networking for new business, including identifying, pursuing and leading new business proposals.
Requirements
- Winning and leading performance of company-side restructuring and turnaround work and/or interim management engagements
- Works and assists Principals in identify, pursuing and winning new business opportunities
- Leads BDO pitch team for small or middle market company opportunities, participates as key speaking member of pitch team for larger new business opportunities
- Assists pitch team in responding to new business inquiries
- Contacts creditors, lawyers, bankers and internal BDO contacts to pursue new business opportunities (creditor committee, debtor, litigation, etc.)
- Builds and expands network of contacts in the industry (lawyers, bankers, PE firms, creditors, etc.) and gets name known in restructuring industry
- Prepares complete pitch book for new business opportunities, including cover letter and conflict check
- Conducts and clears conflict checks, prepares draft retention affidavits or engagement letters and reviews fee applications or invoices; ensures compliance with all other court filing requirements
- Builds and maintains network of contacts in the industry (e.g. lawyers, bankers, PE firms, creditors, etc.)
- Cross-sells other BDO services (corporate finance, valuation, tax, due diligence, litigation, assurance, etc.)
- Takes lead role in preparing and executing BDO engagement strategy as project leader in consultation with engagement principal
- Takes lead role in presenting BDO work product to counsel or client and responds to questions
- Takes lead role in interactions with counsel or senior company management on complex operational, restructuring or bankruptcy issues
- Possesses superior financial restructuring and bankruptcy technical skills, including strong ability to identify bankruptcy or financial restructuring related issues and make recommendations to address issues
- Possesses superior ability to analyze cash flow projections, identify issues and develop a plan of action to address issues
- Reviews reorganization/liquidation plan, evaluates plan for client, identifies key issues and makes recommendations to address issues
- Evaluates and recommends alternative courses of action and potential solutions to achieve best result for client
- Testifies at deposition or in Court on work performed by BDO and defend work in cross examination
- Supervises the day-to-day workload of TRS Senior Managers, Managers, Senior Associates and Associates on assigned engagements; reviews work product, provides timely performance reviews and assists in the development of goals and objectives to enhance staff professional development
- Provides on-the-job training for all TRS Senior Managers, Managers, Senior Associates, and Associates on each engagement
- Acts as Career Advisor to TRS Senior Managers, Managers, Senior Associates and Associates, as appropriate
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan
- Relocation Assistance
