Qualification offered: ACA
Graduates who join this area may be part of the wider Financial
Advisory Services Graduate Trainee rotational programme dependent
on location.
This is for you if:
- you are interested in financial advisory
- you are flexible and keen to develop skills & knowledge
across a broad range of assignment areas - Recovery &
Reorganisation, Forensic, Transaction Advisory Services & other
specialist areas. Rotations will be confirmed based on business and
individual development needs
- you want to study the ACA so be on our graduate programme for
three years
- you would like to work with a wide network of colleagues &
clients
A substantial part of your rotations will be in the Recovery
& Reorganisation department:
Recovery specialises in assisting companies that have run into
financial problems. Where possible, they aim to help companies to
survive and continue trading in a more streamlined form. However,
sometimes their only option is to wind down the business and secure
the best possible outcome for stakeholders.
Recovery & Reorganisation teams examine and resolve issues
affecting profitability and find ways to protect enterprise value.
We are frequently hired by financially robust companies seeking to
acquire underperforming competitors; other times, we may work
directly for distressed businesses requiring an urgent
solution.
Graduates tend to specialise in one of four distinct
teams;
Corporate Insolvency
Our mandate is to protect the value of insolvent companies and
to maximise the return to creditors through insolvency procedures.
Trainees here are usually involved in:
- managing and trading a business
- negotiating the sale of a business and its assets
- communicating with creditors, debtors and various other
stakeholders
- completing statutory duties
- working with the fraud insolvency division
We use forensic tracing to investigate and recover assets
internationally, using powers under the Insolvency Act. We also
take control of and realise assets that are connected to the
proceeds of fraudulent and criminal activity.
Personal Insolvency
We broker solutions between indebted individuals and their
creditors. Frequently, this will see us putting together Individual
Voluntary Arrangements: legally binding agreements that involve
some write-off of the debt amount.
We also manage and recover the estates of bankrupt individuals.
This will see you dealing with asset recoveries and instructing
agents. In more complex cases, we employ the forensic asset tracing
skills of the Fraud Insolvency Division.
Corporate Restructuring and Turnaround
We identify and resolve issues affecting strategy and
performance; assist financially robust companies seeking to acquire
underperforming competitors; provide urgent solutions to restore
distressed businesses to full health; and conduct bank covenant
reviews.