CoE Turnaround Team Associate Director #LI-CP1

KPMG’s UK Deal Advisory team is recruiting ambitious, innovative and high performing individuals at all levels to accelerate the growth of its recently launched  Turnaround Team

KPMG’s Turnaround Team offers an exciting opportunity to work within dynamic, flexible, fast-moving environments and is the first line of response to opportunities arising from operational underperformance and/or financial pressure.

We have recently invested significantly in this team including several experienced partners/directors and are actively recruiting a staff compliment to help  accelerate this exciting growth initiative .  We are committed to creating an inclusive environment in which all colleagues thrive and reach their full potential, whatever their identity or background. This is fundamental to our success as a business. Turnaround Team are intentionally building a diverse high-performance team, seeking applicants that bring a range of experience gained across multiple industry sectors and business functions.

Turnaround Team operates nationally and is deeply embedded within the rapidly growing Deal Advisory business  as part of the highly successful Corporate Finance team. Our multi-capability group delivers a broad spectrum of corporate advisory work, serving regional and large corporate clients across the UK.  This powerful combination enables us to deliver a bespoke, solutions-led approach to help companies preserve value and navigate back to a path of sustainable growth. 

We proactively support businesses through the whole economic cycle. By combining this specialist expertise with the depth and breadth of functional and sector capabilities already at KPMG, we are able help our clients to rise to whatever challenges they might face during times of economic uncertainty, supporting with:

• Internal and external stakeholder stabilisation and management
• Short-term liquidity management
• Business plan assessment, challenge and analysis
• Identification and assessment of options
• Financing strategies
• Business disposals or managed exits
• Cash & working capital management
• Cost reduction and performance improvement
• Economic profitability assessments
• Development of integrated financial and operational turnaround plans
• Implementation support

The key attributes of an Associate Director within Turnaround Team will ideally include:

• An analytical mind-set with strong commercial and business acumen
• Strong leadership and communication skills, able to influence and work alongside senior stakeholders including PE firms, lenders, corporates and internal KPMG stakeholders
• Demonstrable experience in leading multi-work stream advisory projects (financial restructuring, stakeholder advisory, turnaround, liquidity and business review disciplines)
• An existing professional network of client relationships across corporates, lenders, private equity and/or other stakeholders
• Creative with a willingness to try new and different approaches – our clients often have multiple issues which may not be what we are initially expecting
• Effective team management, coaching, training and mentoring skills, with a desire to get the best out of diverse talent both on and off client engagements

You may have a professional services/consulting, finance, or an operational background, with a track record of success in (one or more of): turnaround, financial analysis, restructuring, or transactions.  Industry sector expertise (consumer, industrials, health care & life sciences, TMT, business services, energy & natural resources) would be beneficial but are not essential. Experience of working in a fast-moving environment and with businesses facing financial or operational challenges is also beneficial.