Restructuring & Insolvency - Associate Director

Location: Birmingham

Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. Forvis Mazars in the UK spans 14 offices across the nation and has over 3,400 professionals, with 190 partners. We have a clear purpose and a shared commitment to shape a better future.

You'll join a collaborative and inclusive team where you're supported to grow your skills, explore new opportunities, and contribute from day one. You'll work with a diverse client base, develop meaningful connections, and gain experience that extends beyond your local team. Together, we grow, belong and impact.

About the team

The Restructuring & Insolvency Services (R&I) team is a rapidly growing, award winning and global group. You will be joining a team at the forefront of corporate restructuring and national creditor advisory services.

Our wider R&I team specialists help clients with raising finance for large infrastructure projects, advise on corporate acquisitions (both in the UK and cross border), restructure businesses to secure livelihoods and act as experts on high profile international investigations and disputes; all with the aim of adding value to clients by finding solutions to a wide range of financial issues.

About the role

Manage the day-to-day delivery of complex corporate restructuring and insolvency engagements, including Administrations, insolvent liquidations and voluntary arrangements.

Deliver pre-appointment advisory and contingency-planning engagements, including options analysis, stakeholder negotiations and preparation for formal insolvency appointments.

Oversee accelerated M&A and pre-pack sale processes, including preparing marketing materials, managing data rooms and interested parties, coordinating valuations and offers, assessing transaction structures, and ensuring compliance with SIP 16 and connected-party requirements.

Prepare and critically review financial analyses, cash-flow information, Estimated Outcome Statements, creditor positions, asset realisations, employee claims and alternative restructuring or insolvency outcomes.

Prepare and review high-quality technical reports, options papers, approval papers, proposals, SIP documentation and other deliverables to support decisions by appointment-taking IPs, directors, lenders and other stakeholders.

Manage the restructuring and insolvency aspects of Court-led processes, working closely with solicitors and Counsel on Administration applications, witness evidence and other Court documentation, while ensuring critical procedural timetables are met.

Support the negotiation, review and completion of business and asset sales and other restructuring transactions, including sale terms, deferred consideration, employee transfers, asset allocation, creditor issues and other insolvency-specific matters.

Manage employee-related workstreams on restructuring and insolvency engagements, including redundancies, employee claims and TUPE considerations, obtaining specialist legal or employment advice where appropriate.

Apply current insolvency legislation, Statements of Insolvency Practice, relevant case law, professional standards and the Insolvency Code of Ethics.

Take an active role in engagement quality, risk and regulatory compliance, including internal approval processes, quality reviews, aged-case management, anti-money laundering and suspicious-activity reporting matters.

Act as a trusted senior point of contact for company directors, lenders, creditors, lawyers, valuation and sale agents, potential purchasers, evaluators, referrers, regulators and other key stakeholders, often in complex or time-critical circumstances.

Keep appointment-taking IPs appropriately informed while exercising suitable autonomy over the day-to-day management, progression and commercial delivery of engagements.

Manage engagement teams by setting priorities, allocating work and resources, reviewing output, resolving delivery issues, and ensuring statutory, regulatory, internal and client deadlines are met.

Provide on-the-job training, coaching and timely formal and informal feedback to team members.

Act as a formal performance manager for multiple team members, considering individual development needs and creating appropriate opportunities to build skills and experience.

Take responsibility for the commercial management of engagements, including budgets, WIP, billing, recoverability and timely case progression.

Build strong working relationships with clients and other stakeholders, ensuring issues, requests and emerging risks are addressed promptly and professionally.

Identify, develop and convert restructuring and insolvency opportunities, supporting the preparation of proposals, pitches and other business-development materials.

Contribute to marketing, thought leadership and the development of new services, methodologies, technology-enabled working practices and service offerings across the R&I practice.

What we are looking for

• Strong experience of leading and managing corporate insolvency procedures, including insolvent liquidations and Administrations, with experience of trading Administrations and pre-pack sales.
• Experience of pre-appointment restructuring, contingency planning, accelerated M&A or other direct client-facing advisory work.
• Up-to-date knowledge of insolvency legislation, Statements of Insolvency Practice, relevant case law, professional standards and regulatory requirements.
• Ability to analyse financial and operational information, identify key issues and translate conclusions into clear, commercially sound recommendations.
• Experience of preparing or reviewing financial outcome assessments, including Estimated Outcome Statements, cash flows and creditor or asset-recovery positions.
• Strong written, verbal and presentation skills, with the ability to communicate complex or sensitive matters clearly, authoritatively and with appropriate judgement.
• Confidence in managing relationships with directors, lenders, creditors, lawyers, agents, purchasers, referrers and other senior stakeholders.
• Ability to lead complex, time-critical engagements, balance competing priorities and maintain delivery quality under pressure.
• Experience of managing engagement teams, allocating resources, reviewing work and developing people through coaching, feedback and formal appraisal processes.
• Ability to manage budgets, WIP, billing, recoverability and case progression.
• Proven commercial acumen and sound professional judgement, including the ability to identify and escalate material risk, ethical and compliance issues.
• A proven track record of client handling and, ideally, business development, opportunity conversion and relationship building.
• Ability to develop and implement new initiatives, methodologies and service offerings.
• CPI or equivalent qualification, together with at least five years of relevant insolvency experience.
• An accountancy qualification and/or JIEB qualification is desirable.
• Strong team player with a commitment to developing self and others.
• A strong commitment to contributing to the continued growth and development of the R&I practice.

Location & working arrangements

Birmingham-based officelocation with a hybrid working model. The role will involve travel to other offices and client sites as engagement requirements dictate.

Diversity, Equity & Inclusion

At Forvis Mazars diversity, equity and inclusion are central to our values. We value our people's unique backgrounds, perspectives, and experience, and know this diversity create better outcomes for our clients. We seek to attract, develop, and retain the best talent, inclusive of sex, ethnicity, disability, socio-economic background, sexual orientation, gender identity, nationality, and faith. We select candidates based on skills, knowledge, qualifications, and experience and aim to support all our team members to reach their potential. At Forvis Mazars, we promote an environment in which you can grow your skills, belong to a team that values your ideas, and make an impact that matters.