Manager - Financial Due Diligence Financial Services

Focus - Transactions - Advisory Hong Kong

y Company
PricewaterhouseCoopers Limited
y Location
Hong Kong SAR
y Remuneration
Competitive
y Position Type
Permanent
y Employment type
Full time
y Updated
17-Feb-2012
y eFC Ref no
891130
y Apply online
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We are currently looking for Financial Due Diligence Manager (Financial Services focus) to join
our M+A Transaction Services team.
PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers
International Limited, each of which is a separate and independent legal entity.
PwC - China, Hong Kong, Singapore and Taiwan
PwC China, Hong Kong, Singapore and Taiwan work together on a collaborative basis, subject to local
applicable laws. Collectively, we have around 620 partners and a strength of 14,000 people.
Providing organisations with the advice they need, wherever they may be located, our highly qualified,
experienced professionals listen to different points of view to help organisations solve their business
issues and identify and maximise the opportunities they seek. Our industry specialisation allows us to
help co-create solutions with our clients for their sector of interest.
We are located in these cities: Beijing, Hong Kong, Shanghai, Singapore, Taipei, Chongqing, Chungli,
Dalian, Guangzhou, Hangzhou, Hsinchu, Kaohsiung, Macau, Nanjing, Ningbo, Qingdao, Shenzhen,
Suzhou, Taichung, Tainan, Tianjin, Xiamen and Xi'an.
About Advisory
PricewaterhouseCoopers Advisory Services helps clients manage their most important business issues,
from M&A due diligence and integration, to ongoing operational improvements and compliance, to crisis
management and business separation. A team of more than 600 advisors across China and Hong Kong
share their thinking, experience and solutions on a daily basis to develop fresh perspectives and practical
advice for our clients. Our professionals combine rich industry expertise with sound knowledge of the
local business environment, resulting outstanding analysis, advice, and implementation support.
PricewaterhouseCoopers Advisory includes five main practices: Transaction Services, Consulting,
Valuations, Crisis Management Services, and Corporate Finance.
About Financial Due Diligence
Our Transaction Services Group offers a fully integrated pre- and post-acquisition service including
advice on financial, IT systems and tax due diligence and structuring. We assist vendors, strategic
buyers and financial investors in structuring tax-efficient deals, and uncovering potential financial and
strategic risks or opportunities.
Due to the rapid growth of our business, we are now recruiting managers who specialize in Financial
Institutions Financial Due Diligence in Asia Pacific and China, who will provide acquisition and other
transaction related services to financial and strategic buyers.
Job Description and Responsibilities
In support of the teams expansion, we are looking for managers with a background in the financial
services industries. Suitable candidates are expected to be able to independently lead a team to deliver
concise, deal issue-oriented reports and presentations to clients, highlighting the key findings from the
due diligence, suggesting how such findings should be incorporated into the clients valuation and/or
purchase and sale agreement, and providing other negotiating points. You are required to provide
support in supervising and developing junior members. Key responsibilities are as follows:-
y Develop international business through the firm's international network;
y Develop local business by pitching to Asia Pacific financial services institutions;
y Perform risk management procedures including scoping, drafting engagement letters and project
budgeting;
y Manage execution team in performing the fieldwork;
y Identify deal issues and provide suggestions for solutions;
y Review reports and prepare key summary section;
y Manage the preparation of high quality deliverables and project economics;
y Assist clients in deal structuring, negotiation and documentation matters;
y Work closely with tax diligence, valuations diligence and commercial diligence teams to develop and
execute joint projects;
y Work closely with overseas colleagues on international assignments
y Manager:
1. Report to: senior managers, associate directors, directors
2. Reporting staff: associates, senior associates
Experience & Skills
y A degree in economics, accounting, business or finance with professional qualifications in
accounting/ finance (including CPA/CFA).
y Managers: five to eight years
y Big Four accounting firm or equivalent Financial Due Diligence background on Targets including
banks, securities and brokerage, funds, trust, and asset management preferred;
y HKCPA or equivalent qualification and technically strong;
y Experienced in managing Asia Pacific clients, including Chinese clients;
y Must have good business sense and be able to analyze complex business transaction situations to
identify key elements and issues that are important to reach sound conclusions;
y Excellent interpersonal skills and communication skills
y Hands-on approach to unravelling commercial complexities;
y Must be a creative thinker to develop alternate solutions while satisfying stated business objectives;
y Bright, team player, who works effectively under high pressure;
y Flexibility and willingness to travel both domestically and internationally is a must
y Excellent written English, including the ability to write succinct, well-structured reports.
y Written Chinese, conversational in Mandarin and other Asian languages a plus.

To apply, please submit your resume with a covering letter to:

advisory.hr.hk@hk.pwc.com

Applicants not being invited for an interview within 10 weeks may consider their applications
unsuccessful. Applicants who have applied in the past 12 months are not required to submit your
application again.

Thank you for your interest in PricewaterhouseCoopers.

Personal data provided by job applicants will be used strictly in accordance with the Hong Kong Personal
Data (Privacy) Ordinance - a copy of which is available on request and will be provided immediately on
receipt of your request.



























Financial due diligence
Achieve the best value from your transaction
A critical element of every transaction is the evaluation of the critical issues or deal breakers". For
transactions where the target is already identified or where only an analysis of the situation is required,
we assist the buyer or relevant party to perform full scope or limited scope due diligence to identify the
critical issues for the transaction. We then work with you to continue the transaction process, ensuring
your process and negotiations are completed to your satisfaction.
Our transaction services team specialises in helping investors achieve the best value from a transaction.
Our product normally results from the financial investigation of a business or venture, and is commonly
regarded as an essential part of the process of making an investment or financing decision.
What is our product?
Essentially we will tailor our investigation and report to meet your needs. Examples include:
Reports to support a stock exchange listing (reporting accountant)
Financial due diligence for a private equity or financial buyer
Investigation for a financial or strategic buyer
Vendor due diligence
Post completion support and advice
Can you help me with complex cross border transactions?
This is at the heart of our business. We have teams in most countries capable of leading and executing
the work required to support a transaction.
What are the important elements in a due diligence assignment?
This clearly depends on the transaction and your needs. Typically, however, most buyers, investors or
lenders are keenly interested in:
understanding the business and its drivers
key risks in the business
management controls
quality of recurring cash flows
quality of assets
liabilities that can break deals
quality and reliability of projections
issues likely to affect the purchase price or contract conditions