Manager - Private Equity Advisory (Transactions)

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 will 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 sponsors are increasingly focused on value creation, better acquisition integration and thorough preparation ahead of exit events. CrossCountry’s Private Equity practice is uniquely positioned to guide CFO-s as they build a scalable accounting and finance function, support corporate development teams with inorganic growth strategies and help management navigate complex carve-out or sale processes.

We are experienced operators, who serve as an extension of leading Private Equity sponsors to drive meaningful and sustainable operational changes across their portfolios and realize superior value upon exit.

• In this role, you will have the opportunity to work on a variety of projects which typically fall into one of three categories: Strategic Finance Projects, Transaction Projects, and Accounting Projects.  Here are a few examples:

• Strategic Finance Projects:
• Support 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

• Transaction Projects:
• Buy side projects
• Bespoke financial due diligence combined with office of the CFO diligence and recommendations for post close improvements.
• Post-closing M&A integration support and planning
• Participate in post-closing negotiations with Sellers on final closing balance sheet in accordance with the purchase agreement
• Prepare closing statement for new acquisitions
• Develop opening balance sheets for acquisitions in accordance with US GAAP
• Sell side projects
• Assist in performing exit readiness assessments and preparing a roadmap for successful exit
• Support management in creating financial reporting, models and KPI reporting necessary to withstand the rigors of diligence.
• Provide deal PMO support; liaise with PE sponsor, lawyers, investment bankers and management to ensure deal success and adherence to timelines.
• Develop carve out financials for potential divestitures
• Carve out execution and TSA support

• Accounting Projects:
• Advise on complex accounting policy adoption (ASC 606 revenue recognition, ASC 842 leases, ASC 805 business combinations, etc.) at portfolio companies
• Serve in Interim Controller roles with a focus on process development

• 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
• Qualifications:
• 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

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