Restructuring, Associate Director

Alternatively, Grant Thornton

At Grant Thornton we do things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry. Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership. And we empower our people with real opportunity, an inclusive culture and work life balance. A true alternative.

With over 5,000 people in the UK, and a presence in 150 global markets, we're on an ambitious journey, from great to exceptional, and we need the best people to help us achieve our potential. And with that comes the opportunity to help redefine what our industry looks like, and what you want from your career.

Job Description:

New ground won’t break itself

Every day our teams help people in businesses and communities to do what is right and achieve their goals.

Grant Thornton’s well established Restructuring Team supports companies and their stakeholders to successfully navigate periods of stress and distress by providing restructuring services that deliver thoughtful, innovative and pragmatic solutions.

As part of an international network, we work alongside colleagues across the globe and have access to expertise across our full-service practice, including colleagues with deep sector experience. This breadth and depth mean we have the reach and flexibility to support lenders, investors and management teams with their challenging situations, whether arising from financial and/or operational issues. Our expertise across creditor and company advisory includes turnaround services, restructuring solutions, options assessment and contingency planning, and independent business reviews, alongside delivering formal insolvency appointments and acting as expert witness.

Our clients range from international, listed groups to mid-market OMBs and their stakeholders, across a range of sectors including real estate, construction, healthcare, energy and natural resources, industrials, manufacturing and automotive and consumer finance. In recent years, our team has worked on some of the largest and high-profile assignments, including Ambatovy, McDermott, River Island, Buckingham Group and Royale Resorts as well as a large number of challenging but rewarding confidential engagements across the UK and beyond.

You will work as part of our growing and diverse team which is passionate about understanding the issues that are important to our clients. Being part of a national team based in London presents an opportunity to work across the UK as well as further afield and you’ll be supported to develop your career. The constantly evolving restructuring landscape calls for a proactive approach, so you will need to push ideas harder and ask the difficult questions to give clients the assurance they need to support them through challenging periods of their lifecycle.

We’re happy to discuss flexible working and consider reduced hours and job shares, and we’ll support you to balance your work and life.

A look into the role

As an Associate Director within our Restructuring Team you will:

• Our clients: be responsible for managing a portfolio of case work with appropriate director and partner oversight. You will liaise effectively with stakeholders, propose commercial and innovative solutions to client needs, alongside using your strong technical knowledge, to provide advice and prepare deliverables to the high standards and accelerated timelines often required by our clients.
• Our team: coach and mentor team members to enable them to reach their potential and deliver excellent client service, providing timely and clear feedback and creating opportunities for learning and development as part of a high-performance culture. In addition, you will take responsibility for the progression of your own career.
• Our market: proactively manage your growing external network and have a good understanding of our market, with experience of identifying and developing opportunities to win work (for restructuring as well as the wider business). You will have good experience of actively supporting marketing and BD activities as well as preparing and presenting pitches for new assignments.
• Our firm: you will take responsibility for compliance, budgets and billing, providing a timely and profitable service in accordance with the highest professional standards. You will understand and apply best practice regarding departmental procedures, risk management and compliance and contribute to the team’s learning and development.
• Your approach:  bring your own style and a consulting mindset to this role. You will communicate effectively, manage and motivate multiple teams, balance competing demands, remove obstacles to achieving results and find solutions to complex problems.  

Knowing you’re right for us

You must be a qualified accountant (ACA/ACCA) with years of post qualification experience that is directly relevant to this role.  Whilst not essential for the role, further insolvency qualifications such as CPI and/or JIEB would be beneficial.

• Your experience should include managing projects, and/or leading key workstreams on larger projects, across some or all of independent business reviews, short-term cash flow reviews, accelerated sales processes, options analysis and contingency planning, acting for creditors and/or companies, as well as the execution of formal insolvency appointments and supporting expert witness roles.

It is expected that in managing projects/workstreams you have been responsible for small teams of junior staff, overseeing their work and development, leading on the preparation of high-quality deliverables and ensuring risk is actively managed. You will have been reporting directly to the lead partner or director overseeing the assignment, contributing to the strategy and the management of stakeholders.

You will have demonstrated a keen interest in developing and maintaining a network of contacts in the restructuring market and actively contributed to marketing and BD initiatives.

Knowing we’re right for you 

Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone.  Building an inclusive culture, where we value difference and respect our colleagues helps our people to perform at the best of their ability and realise their potential. 

Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.  

Beyond the job 

Life is more than work. The things you do, and the people you’re with outside of work matter, that’s why we’re happy to look at flexible working options for all our roles, and we’ll always do our best to keep your work and life in balance.

The impact you can make here will go far beyond your day job. From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you’ll be giving back to society. It’s that drive to do the right thing that runs through our every move, grounded in our firm’s values – purposefully driven, actively curious and candid but kind.

We’re looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what’s right, for the firm, our clients, our people and themselves. It’s how it should be.

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