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Business Valuations and Modeling Senior Manager- KSA (Power & Utilities)
Location: Riyadh Other locations: Anywhere in Country Salary: Competitive Date: Oct 1, 2024
Job description
Requisition ID: 1536652
Strategy & Transactions (SaT) Valuation, Modeling and Economic Advisory (VME)
Competitive business today is all about making intelligent, informed decisions. As a Valuations Senior Manager/Director you’ll help make that happen. 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 Valuation & Modelling and Economics network of specialists who deliver high quality solutions on values creation through each phase of a decision-making support process.
The opportunity
EY has an established industry leading Valuation and Modelling and Economics practice. We advise our clients in addressing their strategic planning, transaction and non-transaction related decision making process including strategic planning, identification and assessment of value creation financial reporting, market valuation for transactional purpose etc.. You have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities
Your key responsibilities
As a Senior Manager/Director within Valuation Modelling and Economics team, you are likely to spend your day-to-day working on commercial issues, working with management on parts of the acquisition process or transformation plans and regularly undertake valuations for strategic priorities.
Skills and attributes for success
Strategic – you will help clients identifying source of value creation and quantifying it. You will need to have a solution-oriented mind-set to act as a truly Corporate Finance advisor to leverage on EY capabilities and assist clients in solving their issues and unlocking potential for value growth.
Commercial – as part of the team you will regularly advise businesses on valuations issues with regards to acquisition, divestitures or restructuring and provide fairness opinions on transactions and restructurings;
Regulatory and Accounting –you will work with management as part of an acquisition process to understand how the value of acquired intangible and financial assets will impact accounting requirements, provide fair value opinion for financial reporting purpose;
To qualify for the role you must have
A bachelor's degree in finance, economics, accounting or business and at least 10 years of related business valuation work experience working on Power & Utlities, Energy clients.
Experienced Transactions Advisor working with leading companies on structuring, financing, risk assessment, commercialization, acquisition and other key projects.
Skilled in corporate finance, funding strategy, valuations, project financing, feasibilities and negotiations.
Solution driven individual and “out-of-comfort” zone thinker with demonstrated record of solving complex problems and completing challenging projects
Autonomous with demonstrated experience in handling and developing clients’ relationship, proactive in reporting to Director/Partner
Experience of managing business valuation projects, capital allocation, portfolio optimization, impairment reviews, and purchase price allocation.
Financial modelling skills including experience building models from scratch and reviewing models for P&U and Energy businesses.
Broad understanding of IFRS standards related to fair value measurements, business combination, impairment testing etc.
Ideally, you’ll also have
Previous valuation/Modeling experience in professional services/Big 4 Firm
Previous experience in coaching teams of junior and senior staff
Achievement of or significant progress towards a CFA, CA or another porfessional qualification
Enjoy working in a fast-paced environment with large clients.
Understanding of the KSA (or broader GCC) market
Excellent Business Development skills
Arabic language skills (although not mandatory)
What we look for
We are looking for candidates who are highly motivated, analytical, logical thinkers with a passion for valuations and have a very strong attention to detail. Being a strong team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients goals.
What working at EY offers
Competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business
Range of programs and benefits designed to support your physical, financial and social well-being
Support, coaching and feedback from some of the most recognized and engaging leaders in the profession
Opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way that’s right for you
About EY
As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.
If you can confidently demonstrate that you meet the criteria above, please contact us
Building a better working world.
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