Transactions Due Diligence (Johannesburg) – Assistant Manager at Ernst & Young Global Limited (EY) March, 2024

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EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a be…

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Your key responsibilities

As an Assistant Manager, you will be required to support in executing the financial due diligence procedures on the Target company which includes understanding and analysing profit drivers and trends, challenge assumptions of future financial performance, analyse working capital and cash flow drivers of the Target and analyse the balance sheet in the context of a transaction. You will gain exposure to identifying deal risks and upsides and issues impacting deal valuation. Our TD teams assist clients throughout the entire transaction process.

Skills and attributes for success

  • Analyse 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
  • Prepare/evaluate pro forma financial information
  • 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. Perform industry and company research
  • 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
  • Strong computer skills
  • Project management skills
  • People management 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
  • Willingness to team and learn.
  • A self-starter and results-oriented mindset

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