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Manager, Turnaround & Restructuring - Insolvency

Toronto, ON
  • Number of positions available : 1

  • To be discussed
  • Full time
  • Starting date : 1 position to fill as soon as possible

Overview

At KPMG, you’ll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

 

KPMG’s Turnaround & Restructuring practice helps companies and/or its stakeholders that are facing challenges and uncertainty, for a variety of reasons, including business underperformance, an imminent liquidity crisis and/or an inability to raise new capital. When companies have these challenges, our team provides financial advisory services to lenders, management, boards of directors, regulators, and other key stakeholders.

 

Our professionals provide advisory services to help stakeholders navigate financial challenges and/or special situations. By applying strategic business and financial expertise, we assist organizations to overcome the changing business environments and the challenges they face. We also provide formal insolvency expertise, including acting as trustees under the Bankruptcy and Insolvency Act (BIA) and as a monitor under the Companies' Creditors Arrangement Act (CCAA).

 

As Manager, Turnaround & Restructuring, Insolvency you are a motivated team leader with expertise in finance, strategy, research, business operations and are deal focused. Our work environment is conducive to advancement for candidates who perform. We reward exceptional individuals with responsibility, profile, and career progression.


What you will do

  • Lead and manage all aspects informal and formal restructuring processes, including asset possession, operation of insolvent businesses, preparation of cash flow forecasts, and court reporting.
  • Conduct strategic options analysis, financial reporting to courts, lenders, and other stakeholders, and perform various financial analyses during crisis periods.
  • Develop and oversee 13-week cash flow forecasts, liquidation analyses, and long-term business plans to monitor and manage business performance.
  • Prepare and review statutory documentation in accordance with relevant legislation such as the BIA, CCAA, Wind-Up Acts, and Business Corporation Acts.
  • Build and maintain relationships with special loan financiers, insolvency lawyers, business executives, and other key stakeholders.
  • Lead engagement planning, scheduling, project financials, and ensure high-quality control throughout the process.
  • Mentor, motivate, and coach team members, setting clear expectations, providing feedback, and conducting performance reviews.

What you bring to the role

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • Completion of Chartered Insolvency and Restructuring Professional (CIRP) certification and Licensed Insolvency Trustee (LIT) designation.
    Chartered Professional Accountant (CPA) designation is considered an asset.
  • Experience in corporate restructuring, investment or commercial banking, consulting, or corporate positions with a financial or accounting focus, including 3+ years of insolvency consulting experience.
  • Extensive knowledge of the Bankruptcy and Insolvency Act and other relevant legislation.
  • Strong analytical, financial modeling.

 

Providing you with the support you need to be at your best

 

 


Our Values, The KPMG Way

Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

 

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice.

 

Adjustments and accommodations throughout the recruitment process

 

At KPMG, we are committed to fostering an inclusive recruitment process where all candidates can be themselves and excel. We aim to provide a positive experience and are prepared to offer adjustments or accommodations to help you perform at your best. Adjustments (informal requests), such as extra preparation time or the option for micro breaks during interviews, and accommodations (formal requests), such as accessible communication supports or technology aids, are tailored to individual needs and role requirements. You will have an opportunity to request an adjustment or accommodation at any point throughout the recruitment process. If you require support, please contact KPMG’s Employee Relations Service team by calling 1-888-466-4778.


Requirements

Level of education

undetermined

Work experience (years)

undetermined

Written languages

undetermined

Spoken languages

undetermined