Assistant Manager - Transactions Due Diligence CPT
Location: Cape Town
Date: 8 Jan 2025
Requisition ID: 1572810
As a Transaction Due Diligence Assistant Manager, you will be an important part of our diversely talented, highly experienced team and work at the forefront of high-profile transactions. Our team of strategic advisors sits at the heart of a global team of transaction specialists who deliver high quality advice to our clients.
The opportunity
EY has an established industry leading Transaction Advisory Services Practice. We help clients determine the right deal to do, and then assist them in doing the deal right. You'll be part of the Transaction Diligence team which provides clients with the financial and strategic transaction assistance to ensure the success of their transaction.
Your key responsibilities
- Support in executing financial due diligence procedures on the Target company.
- Understand and analyze profit drivers and trends.
- Challenge assumptions of future financial performance.
- Analyze working capital and cash flow drivers of the Target.
- Analyze the balance sheet in the context of a transaction.
- Identify deal risks and upsides impacting deal valuation.
Skills and attributes for success
- Analyze financial/operational results of targets through reviewing accounting records and conducting interviews with management.
- Participate in due diligence engagements related to acquisitions by private equity investor groups and strategic corporate buyers.
- Identify issues for purchase price reductions, deal structuring or deal termination.
- Identify post-acquisition action steps to achieve anticipated earnings/cash flow improvements.
- Evaluate effects of seasonality on cash flow requirements.
- Correlate due diligence findings with client valuations.
- Manage expectations of service.
To qualify for the role, you must have:
- Bachelor's or Master's Degree in Accounting and/or related major.
- CA(SA) or equivalent.
- Minimum 3 years of accounting experience.
- Strong written and verbal communication skills.
Ideally, you’ll also have:
- Strong analytical and interpersonal skills.
- Dedication to teamwork.
- Strong work initiative and the ability to adapt to new challenges and ideas.
- A self-starter and results-oriented mindset.
What we look for
We’re interested in talented professionals with the ability to visualize our clients’ goals and think creatively to facilitate them.
What we offer
At EY, our Total Rewards package supports our commitment to creating a leading people culture. We offer a competitive compensation package where you’ll be rewarded based on your performance.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.