Associate

About the Role

EY-Parthenon's Strategy and Execution sub service line, through its Value Creation practice, assists private equity firms, their portfolio companies, and corporate companies in achieving enhanced returns by identifying and realizing value through targeted operational improvements. This practice focuses on rapidly defining, quantifying, and helping to achieve significant, sustainable value through revenue enhancement, cost and margin improvement, and working capital reduction.

Key Responsibilities

As an Associate-Consultant in EY-Parthenon’s Strategy and Execution Value Creation practice, you will be a vital member of the team executing operational focused projects. You will work on projects spanning the entire lifecycle of a transaction, including:

• Operational due diligence: Focusing on EBITDA upside and operational risk.
• Buy-side carve-out and integration planning: Ensuring a newly spun-out business can stand alone and a merger quickly realizes anticipated synergies.
• Post-acquisition 100-day and value creation planning.
• Ongoing performance improvement.
• Exit readiness planning: Informing an optimal strategy for maximizing returns and ensuring the buyer is well positioned to continue to enhance value.

Skills And Attributes For Success

• Project Management: Be part of project teams comprising colleagues from across EY-Parthenon sub service lines.
• Business and Commercially Driven: Working in a fast-paced, exciting environment with strong business acumen to drive value to clients.
• Business Development: Assist in aspects of pursuits, including presentations and client meetings. Contribute to practice development initiatives, supporting the team as a great place to work.
• Learning: Learn and develop technical and personal skills to support achievement of career goals, through a blend of structured learning, coaching, and experiences.
• Building Relationships: Develop strong working relationships with senior clients, including influence, advice, and support to key decision makers.

Requirements & Tech Stack

• Locations: New York, Chicago, Los Angeles, San Francisco.
• Expectation for in-person teaming at client site or in an EY office, a minimum of 60% of the time or on average 3 days a week.
• Must reside in or be in a commutable distance to your office location.
• Ability and willingness to travel and work in excess of standard hours when necessary, potentially beyond your work location based on client and project needs.
• Knowledge of how to leverage firm-approved AI tools in a business setting, including Microsoft Copilot.

Qualifications

• A bachelor’s degree in Business, Accounting, Finance, Engineering, Computer Science, or Analytics and 1 year of related work experience; or a graduate degree and some related work experience.
• Strategy and operations management consulting experience.
• Excellent analytical, problem-solving/modeling skills, and the confidence to translate complex data into meaningful insights.
• Experience in operational due diligence, operational restructuring, and performance improvement.
• Experience in business integrations, divestitures, and/or carve-outs with a demonstrated aptitude for quantitative and qualitative analysis.
• Deep understanding of financial statements and operational performance metrics.
• Experience leading and managing in complex business environments.
• The ability to prioritize effectively on projects and adapt quickly to new challenges and concepts.
• Excellent negotiation and influencing skills, and the ability to develop long-lasting relationships both internally and externally.

Ideally, you will have

• A proven record of excellence in a transactions role.
• Experience working in operational improvement in a corporate setting.
• Experience gained within another large professional services organization.
• MBA is preferred.
• Dynamic individuals who thrive in ambiguous situations to help clients solve their most critical strategic, business, and economic challenges.