Line of Service

Advisory

Industry/Sector

Not Applicable

Specialism

Business Recovery Services

Management Level

Associate

Job Description & Summary

A career in our Client Cash Management Services practice, within Deals Business Recovery Services, will provide you with the opportunity to support our clients survive an imminent crisis or simply fix gaps in their organisation. In joining, you’ll help clients, among other things, 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.

Our team helps organisations optimise their working capital management to drive business and enhance their financial position. You’ll get exposure to and help our clients with cash flow analysis, debt financing, refinancing, liquidity and negotiations.

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As an Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

Invite and give in the moment feedback in a constructive manner.Share and collaborate effectively with others.Identify and make suggestions for improvements when problems and/or opportunities arise.Handle, manipulate and analyse data and information responsibly.Follow risk management and compliance procedures.Keep up-to-date with developments in area of specialism.Communicate confidently in a clear, concise and articulate manner - verbally and in the materials I produce.Build and maintain an internal and external network.Seek opportunities to learn about how PwC works as a global network of firms.Uphold the firm's code of ethics and business conduct.

Role Summary:

 

We believe that challenges are better solved together. That's why you'll join a diverse, global community of solvers - an unexpected mix of people that come together to build trust in society and solve important problems. In a place where you are encouraged to lead with your heart and values. And where your unique skills are developed and put to work in unexpected and exciting ways, superpowered by technology.

Qualifications / Certifications required:

• Bachelor of Commerce with Honours in Accounting with CA (SA); or

• Bachelor of Business Science with Honours in Finance / CA (SA); or

• Engineer or relevant professional qualification (e.g. MBA, APICS, CPIM); or

• CFA, CIMA or other relevant related degree / professional designation.

Experience required:

Experience with data analysis;

Experience with data analytics tools e.g. Power BI, Alteryx;

Experience of operational or financial improvement from a management consultancy, corporate finance advisory firm or as an 'internal consultant' in a corporate;

Operations experience, across sectors: engineering, financial services, retail, industrial, consumer, high tech, utilities, logistics, telecoms and energy;

Competent with spreadsheets, financial and operational analysis.

Responsibilities of role:

As a member of the PwC CARS team, the candidate will be involved in a variety of financial advisory and restructuring projects across a diverse range of industries and will gain exposure to a wide range of clients. PwC CARS services a wide spectrum of clients ranging from large, listed multinationals through to entrepreneurial, owner managed businesses, covering both domestic and cross Africa border work.

We are looking for a Senior Associate to join our growing team to work on high-profile clients experiencing stress / distress to their business model and who require turnaround or transformation with a financial or operational restructuring lens, spanning a broad range of industry sectors.  You’ll provide analysis and business assessment support to the team for restructuring and/or turnaround projects.  Typically you will work with our clients information to help our teams identify and implement rapid, tactical and sustainable financial and operational restructuring measures, for example you will be part of the team advising on:

Financial restructuring and exit strategies,

Financing and debt advisory related services,

Turnaround strategy,

Independent business reviews,

Strategic options analysis,

Contingency planning reviews,

Short-term cash flow reviews and forecasting, helping clients see and control their cash positions

Cash levers to smooth cash flow/conserve cash

Cost out and EBITDA optimisation initiatives

Working capital improvement plans;

Restructuring Office services - helping client management develop and implement turnaround programs

 

In addition to these services you’ll be expected to:

Take on a “hands-on” role to manage stakeholders and inspire change

Provide robust data analysis and baselining support for change programmes

Interface directly with client teams to collect, analyse and develop insights into their business

Prepare presentations and/or reports to key stakeholders (e.g. Board, Private Equity investor, lenders, etc.)

Work alongside other PwC teams, including specialist lines of service and sector experts.

You will also be expected to take an active part in our team and practice development and will typically:

Support with one or two areas of internal team management

Work with team members in areas of business development and origination efforts

Supporting the needs of the go-to-market strategy

 

Skill sets required:

To be successful in this role, financial analysis skills and a curious commercial business mindset are critical. You will be able to demonstrate a high level of agility in a demanding environment and be able to effectively communicate with a broad range of stakeholders. Project management skills are considered fundamental together with critical thinking and a motivated and commercially astute approach to business restructuring needs.

 

Candidates will display the following competencies: 

Possesses a high degree of self-motivation and energy, agility and the ability to drive for high quality, meeting of deadlines and track record of setting and achieving goals;

Good interpersonal and client relationship skills and the ability to relate to people at all levels of an organisation;

A highly motivated, confident individual with presence;

A proactive and dynamic team player;

Problem solving capabilities / skills with the ability to think strategically, innovatively and “out the box”;

Ability to demonstrate a high level of agility in a demanding environment;

An interest in and knowledge of the financial markets and the significant turnaround opportunity across SMA and Africa;

A desire to build on commercial and industry knowledge;

A desire and motivation to build interest in and knowledge for proactive origination and account targeting;

Financial analysis and/or modelling skills;

Negotiation skills;

Conflict management skills;

Excellent verbal and written communication skills are essential, including the ability to input into storyboarding solutions for clients including on projects and proposals - be able to contribute to succinct, well-structured reports and client communications;

Highly rated with good academic credentials; and

Proven ability to multitask and ensure effective delivery of the priorities to meet targets and objectives and who works effectively under pressure.

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Up to 20%

Available for Work Visa Sponsorship?

No

Government Clearance Required?

Yes

Job Posting End Date

July 1, 2024