Managing Consultant - Private Equity Advisory, CrossCountry Consulting, All cities, PA
CrossCountry Consulting -
All cities, PA,
US
Managing Consultant - Private Equity Advisory
Date Posted: 2024-06-19
Job description
From the beginning, our goal was to establish an advisory firm that stands apart from the rest - one that is grounded in our Core Values and dedicated to creating a positive experience not just for our clients, but for our people too. We firmly believe in the strength of collaboration, enthusiasm, generosity, and perseverance as the driving forces behind our success. With advisory solutions spanning accounting and risk, technology-enabled transformation, and transactions, we partner with our clients to solve today's challenges and deliver present and future value.
Our commitment to our people has earned us numerous awards including Inc5000's Fastest Growing Companies and Glassdoor's Best Places to Work. Explore what our employees have to say about our unique culture by clicking here.
By joining our rapidly growing Private Equity practice you will serve as a trusted partner to our Private Equity clients and their portfolio companies. You'll bring your first-hand experience, unique perspectives, and functional knowledge to deliver tailored integrated solutions that solve today's challenges and set the foundation for future success. With support from experienced leaders and a dedicated coach, you will join a collaborative community that invites you to contribute beyond the scope of client delivery.
In today's competitive deal market, Private Equity is increasingly turning to operational enhancements as a driver for value creation in their investment portfolio. It is essential for Private Equity funds to have a portfolio support team, either internally or externally, to guide CFOs as they build a scalable accounting and finance function that supports the investment thesis. We are experienced operators, who serve as an extension of leading Private Equity sponsors to drive meaningful and sustainable operational changes across their portfolios.
What You'll Do:
What You'll Bring:
CrossCountry Consulting is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants regardless of their race, color, religion, age, sex, national origin, disability status, pregnancy, genetics, sexual orientation, protected veteran status, gender identity or expression or any other characteristic protected by federal, state, or local laws. We encourage and welcome candidates from diverse backgrounds to apply and will consider all applicants based on their qualifications, skills, and experience. We embrace and value our individual experiences, capabilities, talents, and perspectives by fostering and promoting a culture of diversity, equity, and inclusion.
Our commitment to our people has earned us numerous awards including Inc5000's Fastest Growing Companies and Glassdoor's Best Places to Work. Explore what our employees have to say about our unique culture by clicking here.
By joining our rapidly growing Private Equity practice you will serve as a trusted partner to our Private Equity clients and their portfolio companies. You'll bring your first-hand experience, unique perspectives, and functional knowledge to deliver tailored integrated solutions that solve today's challenges and set the foundation for future success. With support from experienced leaders and a dedicated coach, you will join a collaborative community that invites you to contribute beyond the scope of client delivery.
In today's competitive deal market, Private Equity is increasingly turning to operational enhancements as a driver for value creation in their investment portfolio. It is essential for Private Equity funds to have a portfolio support team, either internally or externally, to guide CFOs as they build a scalable accounting and finance function that supports the investment thesis. We are experienced operators, who serve as an extension of leading Private Equity sponsors to drive meaningful and sustainable operational changes across their portfolios.
What You'll Do:
- In this role, you'll have the opportunity to work on a variety of projects that will typically fall into one of 3 main categories: Finance Projects, Strategy Projects, and Accounting Projects. Here are a few examples:
- Finance Projects:
- Lead the development of KPI dashboards for PE Sponsor and management reporting
- Develop, maintain, and assist clients in transitioning to a rolling 13-week cash model
- Prepare budgets and forecasts with detailed assumptions and levers
- Develop reporting packages to be submitted to banks on a monthly / quarterly basis
- Act as a project manager for key finance initiatives using PMO tools
- Assist executive leadership of portfolio companies in preparing board presentations
- Serve in Interim FP&A roles with a focus on process development
- Strategy Projects:
- Prepare Office of the CFO ("OCFO") strategy decks assessing people, processes, and technology within the finance function for new platform investments
- Make recommendations to help the OCFO achieve the desired operating model
- Financial due diligence projects (buy-side / sell-side quality-of-earnings reports)
- Develop carve out financials for potential divestitures
- Participate in post-closing M&A integration support and planning
- Accounting Projects:
- Advise on complex accounting policy adoption (ASC 606 revenue recognition, ASC 842 leases, ASC 805 business combinations, etc.) at portfolio companies
- Prepare closing statement for new acquisitions
- Participate in post-closing negotiations with Sellers on final closing balance sheet in accordance with the purchase agreement
- Develop opening balance sheets for acquisitions in accordance with US GAAP
- Serve in Interim Controller roles with a focus on process development
What You'll Bring:
- 6+ years of experience working in a client-facing role at a public accounting firm or equivalent consulting firm with project experience in Transaction Advisory Services, Restructuring, M&A strategy, Deals, and/or FP&A, etc. or one of the following:
- o 6+ years of experience in a corporate FP&A role managing a team and reporting to internal leadership (CEO, CFO), with exposure to M&A transactions
- o 6+ years of experience in a corporate development function managing a team and reporting to internal or external stakeholders
- o 6+ years of experience working in portfolio support/operations at a Private Equity firm
- Experience mentoring and developing junior team members and helping project teams resolve multi-faceted issues
- Bachelor's degree in accounting or finance
- CPA or CA certification preferred
- Experience working with Private Equity or within a highly acquisitive company
- Experience mentoring and developing team members
- Willingness to travel up to 40%; travel varies based on client preferences
CrossCountry Consulting is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants regardless of their race, color, religion, age, sex, national origin, disability status, pregnancy, genetics, sexual orientation, protected veteran status, gender identity or expression or any other characteristic protected by federal, state, or local laws. We encourage and welcome candidates from diverse backgrounds to apply and will consider all applicants based on their qualifications, skills, and experience. We embrace and value our individual experiences, capabilities, talents, and perspectives by fostering and promoting a culture of diversity, equity, and inclusion.