Manager in the Finance in Deals team

Job Description & Summary

About the team:
Delivering Deal Value (DDV) is a Sofia-based team that operates as part of the wider Deals practice within PwC Bulgaria and is planned to triple over the next few years. While based in Sofia, the team effectively functions as an extension of the DDV UK team in London. This means that all the DDV work is on UK and global deals, with predominantly mid- and large-cap international companies.

DDV UK is a market leader in assisting both Corporate and Private Equity clients. Most of its work is in the Mergers and Acquisitions (M&A) space, both pre- and post-deal. The M&A deals DDV UK works on range in size from £50m to over £10bn and the clients include some of the most well-known brands and businesses in the world.

As part of the DDV team in Sofia, you will be aligned to the UK Finance in Deals (FiD) team, which is a cross-sector team that supports CFOs to navigate change as a result of M&A. The type of client projects you work on will vary based on the demand and the current deal market. Therefore, a high degree of flexibility is expected.

About the role:

We help clients achieve maximum value on their deal transactions by solving transformational and operational challenges. Our work is often complex and fast paced; at the same time, the opportunities for personal and career development are vast. You will be working alongside your UK colleagues on a range of projects across the different products we offer as a team, including:

• Carve out and divestment support – i.e. What does the business look like in a standalone state? What support and transition services will it need to function? How can we help our clients execute the separation and ensure a smooth Day 1?

• M&A Integration – i.e. How can our clients protect and grow value in an acquisition, what is the right level of integration to achieve this and what does an effectively-run integration programme look like? Where are the synergies between two businesses and how well has the plan for capturing these synergies been compiled?

• Operational due diligence – i.e. Has the business been performing well? What does its operating model look like, is it sustainable and fit for purpose, are there any associated operational risks? What could be improved to reduce costs and unlock further value for our client?

• Post-acquisition performance improvement using our Rapid Value Creation methodology – i.e. Where might value lie in the business and how can we generate sustainable cost savings?

While the entire DDV team offers the four products listed above, you will specifically focus on the Finance functional elements of the work, working closely with client Finance teams to ensure they are able to effectively provide insight, support decision-making and act as partners to the wider business through a transaction and beyond.

As an FiD Manager in the DDV team, your typical responsibilities will include:

• Leading FiD-related workstreams in large projects, or taking end-to-end responsibility for small FiD projects. As part of this, owning key pieces of Finance function analysis and deliverables

• Leading analysis and developing hypotheses independently, as well as reviewing hypotheses and analysis produced by more junior team members

• Owning relationships with individual members of a client team

• Contributing to business development activities, such as the creation of proposals, discussion documents and other

• Developing internal relationships with DDV UK and within PwC Bulgaria

• Onboarding and coaching new members of the team

What we are looking for:

• Experience of Finance advisory roles gained in a consulting firm, or experience in an in-house Finance role, especially those where you’ve facilitated change in the effectiveness of a Finance function. You will draw on your previous experience, and knowledge of deals to advise CFOs and their Finance functions on key decision making and mitigation of risks

• A good understanding of the structure/underlying processes supporting the Finance function, including activities such as budgeting and forecasting, management reporting, or finance processes (PTP, RTR, OTC etc.)

• Experience of delivering Finance change / transformation projects

• Expertise in Financial analysis and understanding of the key operational drivers, including the ability to quickly understand large amounts of information and draw out conclusions

• Excellent verbal and written communication - all work will be in English and primarily with native speakers (from DDV UK and end clients)

• Report writing - ability to write clear and concise reports based on detailed analysis in iterative mode with several 360 degree review rounds by DDV UK peers 

• Stakeholder management - ability to quickly develop rapport and build strong relationships (within DDV UK and with end clients)

• Resilience - self-starter, comfortable with uncertainty, thrives under pressure and able to flex working hours to meet deadlines

• Natural curiosity - ability to apply logic and problem solving to difficult business problems

Desirable, but not essentials skills and experience:

• Professional accounting qualification, MBA or other similar qualifications

• M&A experience, ideally synergy, integration and/or carve-out projects, related to Finance functions

• Knowledge and understanding of core ERPs and Finance systems

• Strong project delivery skills

What we offer you:

• Professional experience in an international setting with room for assuming responsibilities

• Company training and excellent opportunities for professional and career growth

• Challenging and interesting projects - working on medium and large deals within the UK and globally with key Corporate and Private Equity clients

• Comprehensive employee benefit program, including additional medical insurance, food vouchers (BGN 200 per month), a sport card, a fringe benefit and performance bonus

• Professional, positive and team-oriented working environment

• Central office location in Sofia and opportunity to work from home

• Opportunity to travel to London to socialise and build relationships with your colleagues from the DDV UK team

Only short-listed candidates will be contacted.

If you identify yourself in the job description and want to join one of the largest and best consulting companies in the world, send us your application.

• #LI-DNI

"PricewaterhouseCoopers Bulgaria EOOD, or PwC Legal Bulgaria Partnership, or PricewaterhouseCoopers Audit OOD, which runs a recruitment process, with its seat and registered address in 9-11 Maria Louisa Blvd., Sofia 1301, Bulgaria („PwC” or “we”) will be the controller of your personal data submitted in your application for a job. Your personal data will be processed for the purpose of performing a recruitment process for the job offered. If you give us explicit consent, your personal data will be also processed for participation in further recruitment processes conducted by PwC and sending notifications about job offers in PwC or job related events organized or with the participation of PwC such as career fair. Full information about processing your personal data is available in our Privacy statement."