BDO India LLP

Business Restructuring Advisory

Recruiter
BDO India LLP
Location
Kolkata
Salary
Confidential-Based on experience & current CTC
Posted
15 Apr 2019
Closes
13 May 2019
Ref
BRA/BDO
Job role
Accountant
Contract type
Permanent
Hours
Full time

Project management and delivery of the transaction from origination to completion of debt restructuring and companies under restructuring and insolvency resolution process. 

  • Analysing the financial and operational positioning of corporates to proactively suggest debt restructuring structuring options
  • Experience of working on Corporate debt resolution process as per the provision of the Insolvency and Bankruptcy Code, 2016
  • Prepare and assist the clients in preparation of information memorandum, financial modeling, preparing resolution plan, and term sheet preparation.
  • Business Modeling and resolution plan development and an ability to analyse and envisage new / key industry trends
  • Coordinating and managing the creditors meeting, evaluating proof of claims, TEV, financial, tax, commercial and operational due diligence process in a distress transaction
  • Keep abreast of new debt structures and related regulatory environment and analyse and envisage new / key industry trends
  • Build a strong network with Banks, mid sized corporates, investment banks, financing Companies and professionals in the debt restructuring and syndication business and generated leads and business opportunities.
  • Ensure compliance with all legal requirements
  • Ensure all communications transmitted on time and with appropriate content
  • Rapidly assess financial position of debtor and understand trade
  • Take control and custody of debtor assets • Collate and adjudicate creditor claims
  • Supervise operations of debtor as going concern
  • Prepare information memorandum for resolution applicants
  • Coordination and communication with Committee of Creditors
  • Receive and assess resolution plans received
  • Supervise, support and train more junior members of staff 

ACCA with experience in IBC practice & with manufacturing industry exposure 
 
Level wise Experience:

  • Senior Associate – 2 - 4 Years of Experience (5 positions)
  • Assistant Manager – 4 - 6 Years of Experience (5 positions)
  • Manager – 6 - 8 Years of Experience (5 positions)
  • Senior Manager – 8+ Years of Experience (5 positions)