Associate, Advisory Services

About the role

L&H CPAs & Advisors, LLC is a Dallas-based professional services firm providing tax, assurance, and advisory services to privately held and founder-led companies. The Advisory Services Division delivers financial leadership and transaction expertise across the following key practice areas: Mergers & Acquisitions Advisory (buy-side and sell-side representation, including quality of earnings analysis, financial due diligence, valuation, transaction structuring and net proceeds modeling, data room preparation, negotiation support, and post-closing settlements); Client Accounting Services and Fractional Controller & CFO Advisory (ongoing financial leadership for companies without a full internal finance function, encompassing close oversight, management reporting, budgeting and forecasting, cash management, capital planning, and strategic financial guidance); and Commercial Real Estate Finance Advisory (underwriting and proforma development, financial modeling maintained across the asset lifecycle, valuation and performance monitoring, acquisition and disposition support, and institutional-quality lender and investor reporting for developers, owners, and sponsors). Clients frequently engage the division across multiple practice areas over the life of the relationship, and the division is structured to serve them accordingly.

The Associate is the primary preparer of analytical work product across the division's engagements. Working under the direction of a Manager or Director, the Associate develops financial models, executes due diligence procedures, prepares client reporting, and participates directly in client meetings and working sessions. The position is distinguished by breadth. Associates are staffed across all three practice areas rather than assigned to a single vertical, and are expected to develop an informed point of view on the analyses they prepare, including the identification of issues, risks, and opportunities that warrant escalation to the engagement lead.

Responsibilities

• Develop and maintain financial models, including three-statement operating models, forecasts, commercial real estate proformas and cash flow models, transaction structures, and sensitivity and scenario analyses
• Prepare quality of earnings analyses, normalized EBITDA schedules, net working capital and net debt analyses, and supporting diligence workpapers
• Underwrite real estate transactions against client return criteria and evaluate the reasonableness of underlying assumptions
• Analyze historical financial performance and assess the consistency of reported results with underlying business economics
• Administer diligence request lists and data room population, and monitor outstanding items through resolution