Manager, Working Capital Advisory Services - Toronto, Canada - EY

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you.

And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Competitive business today is all about making intelligent, informed decisions. As a Manager within EY-Parthenon you will 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 and business transformation.

The EY-Parthenon sub-service line comprises three competencies: Strategy; Transaction Strategy and Execution; and Turnaround and Restructuring Strategy.

The Opportunity
EY's Working Capital Advisory Services (WCAS) is the world's largest practice of dedicated specialists in working capital optimization. WCAS helps our clients by identifying, evaluating and prioritizing actionable improvements to liberate significant cash from the balance sheet.

WCAS identifies areas for improvement through developing prioritized strategies including process improvement and technology integration to optimize the cash conversion cycle and enhance cash forecasting and visibility.

This is further enabled by assisting organizations to transition to a cash-focused culture, leveraging proven frameworks and methodologies.

Your key responsibilities

Effectively lead and support engagement teams in executing scope of services and work with key management stakeholders to identify and implement sustainable improvements in a business' cash conversion practices
Assess a business' current policies and processes, lead analytical efforts involving transactional data, financial data, and/or supply chain data, identify root causes that have resulted in the current working capital position and propose/develop recommendations to management to enable value creation
Synthesize complex business issues, form initial hypotheses and identify the data / information required to confirm hypotheses
Form "trusted advisor" relationships with VP, SVP and C-Suite level resources at clients, deliver high degree of client satisfaction on engagements
Present solutions, issues and findings in both a concise written and oral format
Effectively develop, train, and mentor team members with diverse skills and backgrounds
Manage the financial aspects of engagements by organizing staffing, developing budgets, tracking fees and communicating issues to project leaders
Successfully lead and support business development activities to secure additional services or add on projects through building relationships with internal EY and external client networks. Manage and maintain a pipeline of opportunities through identify to close.
Provide support, guidance and vision in improving and enhancing the team's practice delivery methodology

Skills and attributes for success
-
Business and Commercially Driven:

working in a fast-paced, exciting environment with strong business acumen to drive value to our clients and differentiate our services.

-
Project Management - organized and can lead project teams, activities and deliverables with a variety of EY resources in a dynamic environment.
-
Building Relationships - cultivate strong working relationships with clients, EY account teams and able to support key decision makers.
-
Business Development

Contribute to our practice development with the ability to spot opportunities and work with account teams to bring ideas to market.

-
Learning - learn and develop technical and personal skills to support achievement of career goals, through a blend of structured learning, coaching and experiences.

To qualify for the role, you must have a selection of:

A bachelor's degree or a master's degree and at least 5 years of related work experience; management consulting experience is preferred.
A track record of delivering performance improvement projects related to supply chain/inventory optimization, sourcing/procurement or commercial/accounts receivable that deliver tangible results (cost reduction, process efficiency, cycle time improvement, etc.)
Strong understanding of cash flow metrics and working capital operational levers.
Demonstrated deep expertise in at one of the three major business processes (OTC, PTP, FTF).
Experience leading and managing in complex business environments.
The ability to prioritize effectively on projects and the skills to adapt quickly to new challenges and concepts.
Excellent communication and presentation skills, with proven ability to develop business or propose and implement largescale initiatives.
Strong written and verbal communication skills

Ideally, you'll also have