Advisory Senior Consultant - Restrucutring & Bankruptcy Fresh Start Accounting

Finance | Transactions M&A
Same job available in 29 locations

Position Summary

Do you want to help clients though complex transactions? Are you a problem solver who wants to work with clients to figure out what lies behind the financial numbers? If so, Deloitte could be the place for you!  Join our team of Restructuring Fresh-Start professionals who bring technical accounting and operational experience as well as a value-driven methodology to help our clients make the best decision for their mission.  If you are seeking a role that offers you the opportunity to advise clients during financial events and through critical transactions, while allowing you to develop personally and professionally, consider a career in Deloitte Risk & Financial Advisory’s Restructuring practice.

Our professionals are leaders in helping companies implement Fresh-Start accounting. Our team is on the ground with our clients, bringing specialists in bankruptcy, accounting and valuation, IT, and tax. Deloitte’s Fresh Start accounting specialists have experience managing some of the largest corporate bankruptcies in US history. Our team assists companies in recording transactions during and upon emergence from bankruptcy which is one of the most complex and demanding accounting challenges an organization may face. We guide management through the significant demands on an organization’s management team where the have to deal with the equivalent of a year-end close upon the emergence from bankruptcy, accounting for the restructuring of legal entities, adopting the requirements of ASC 852, and establishing the opening balance sheet of the successor organization. In many instances, this must be completed in a short period of time with the client having tools/systems that are not designed for this purpose.

The wide array of skills and knowledge you will build in areas including project management, technical accounting, valuation, tax, and systems will make you a valuable resource to any team you are a part of going forward.

 

Work you’ll do 

As a Senior Consultant within our practice, you will:

  • Gain experience with a large array of clients of varying sizes in different industries and locations
  • Have opportunity to interact with senior level management at clients and lead meetings and discussions
  • Take lead on building various models and reconciliations
  • Conduct technical accounting research
  • Identify opportunities for efficiencies in process and innovative approaches to completing scope of work
  • Maintain responsibility for completion and accuracy of work product
  • Participate in team problem solving efforts and offer ideas to solve client issues
  • Actively expand consulting skills and professional development through training courses, mentoring, and daily interaction with clients

 

The team

Deloitte’s Fresh-Start Team is part of our Restructuring Services which is a leader in helping organizations transform periods of financial difficulty or crisis into opportunities for business rejuvenation. Having led both large multinational organizations and mid-market companies through unique corporate restructuring challenges, on Restructuring Services teams apply our in-depth experience and valuable foresight to achieve effective outcomes for our clients, their creditors, and equity holders. Learn more about Deloitte Risk and Financial Advisory’s Restructuring practice

 

 

Qualifications

 

Required:

  • Bachelors in Accounting, Finance, and/or Economics or MBA preferred
  • Minimum of three years financial audit experience/accounting advisory position with a public accounting/advisory firm supporting or a minimum of three years financial reporting and consolidations experience with a Fortune 500 organization
  • Ability to travel up to 50%. While 50% of travel is a requirement of the role, due to COVID-19, non-essential travel has been suspended until further notice
  • Strong modeling and Microsoft Excel skills
  • Proficiency with Microsoft Word and PowerPoint 
  • Demonstrates experience in the following areas:
    • Fresh-Start (ASC 852) or purchase accounting (ASC 805)
    • Financial reporting and consolidation, including intercompany accounting
    • Understanding of the bankruptcy process
  • Ability to extract useful information from data
  • Communicates effectively to all levels of engagement management, professional demeanor and strong communication skills, both written and oral
  • Proven experience effectively prioritizing workload to meet deadlines and work objectives
  • Ability to manage aspects of multiple work streams and train lower level staff 
  • Uses problem solving skills to provide alternative solutions to complex issues
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future  

Preferred:

  • Certified Public Accountant (CPA)/Chartered Accountant (CA) or demonstrated progress toward such certifications
  • Experience working with companies going through bankruptcy process
  • Certified Turnaround Professional (CTP), or Certified Insolvency and Restructuring Advisor (CIRA)

Our people and culture

Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

Professional development

From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career. Learn more about our commitment to developing our people.


As used in this posting, "Deloitte Advisory" means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. These entities are separate subsidiaries of Deloitte LLP.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

Requisition code: 15060

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