Associate
EY-Parthenon
About the Role
EY-Parthenon’s Strategy and Execution sub service line, within the Value Creation practice, assists Private Equity firms, their portfolio companies, and corporate companies in realizing better returns through operational improvements. This involves unlocking value and accelerating time to money by rapidly defining, quantifying, and realizing incremental and sustainable value through revenue enhancement, cost and margin improvement, and working capital reduction.
Key Responsibilities
As an Associate-Consultant, you will be a vital member of the team executing operational-focused projects across 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: Collaborating within project teams comprised of colleagues from across EY-Parthenon sub service lines.
- Business and Commercially Driven: Demonstrating strong business acumen in a fast-paced environment to drive client value.
- Business Development: Assisting in aspects of pursuits, including presentations and client meetings. Contributing to practice development initiatives to foster a positive team environment.
- Learning: Developing technical and personal skills through structured learning, coaching, and experiences to support career goals.
- Building Relationships: Establishing strong working relationships with senior clients, providing influence, advice, and support to key decision makers.
Requirements & Tech Stack
- 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, with the ability 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.
- Ability to prioritize effectively on projects and adapt quickly to new challenges and concepts.
- Excellent negotiation and influencing skills, with the ability to develop long-lasting relationships.
- 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 the office location.
- Ability and willingness to travel and work in excess of standard hours when necessary. Travel may be required beyond 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 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 critical strategic, business, and economic challenges.