Associate, Portfolio Valuation and Fund Advisory Services – Multiple Locations

Responsibilities

• Supporting portfolio valuation teams, which provide valuations of illiquid debt and equity securities held by hedge funds, private equity funds, and business development companies in connection with fair value reporting of the funds’ assets to investors;
• Assisting in the preparation of fee proposals to clients, including scoping discussions, pitch materials, and internal engagement pricing committee memoranda;
• Participating in deal team brainstorming discussions, preparing information request lists, designing, and drafting client deliverables;
• Reviewing client investment memoranda, board of directors’ presentations, specific debt and equity agreements, and financial models to develop an understanding of the company or securities being analyzed;
• Directing the efforts of financial analysts and checking their work product to ensure the delivery of an accurate and thorough work product within the required timeframe;
• Reviewing and compiling published financial information, such as public company filings, press releases, reports from published research analysts, and Bloomberg data across a wide range of industries and sectors;
• Assisting in the preparation of pitch materials and information request lists to clients;
• Participating in telephonic and in-person due diligence meetings/discussions, communicating with clients and responding to auditor questions regarding valuation analyses prepared by Houlihan Lokey;
• Identifying relevant comparable public companies and M&A transactions within parameters established by FVA project teams, based upon information services such as S&P Capital IQ and Bloomberg, along with knowledge of the appropriate Standard Industrial Classification and other methods, as appropriate;
• Researching and providing information on (a) general economic conditions, (b) industry-specific conditions and trends, (c) acquisitions and divestitures within specific industries, and (d) various investment attributes of publicly traded and privately held securities;
• Compiling statistical summaries of companies’ financial information, developing, and computing financial ratios, and presenting the analyses in an organized manner and/or using our standard formats and presentations;
• Constructing and reviewing valuation and other financial analyses, including the guideline public companies, guideline precedent transactions, and discounted cash flow analyses, using Houlihan Lokey proprietary models;
• Presenting valuation analyses and conclusions internally to review committees, externally to our clients’ senior management and boards of directors, and to fiduciaries;
• Performing financial statement analysis and other quantitative and qualitative assessments;
• Aid in presenting valuation analyses and conclusions internally to review committees;
• Performing other ad-hoc research, analytics, and support for the FVA project teams as required;
• Coordinating with internal administrative support teams to prepare engagement invoices, working paper files, and other compliance/end-of-engagement close out procedures;
• Participating in discussions with in-house and outside legal counsel as required;
• And
• Assisting with marketing initiatives for prospective and existing clients.

Qualifications

• Bachelor’s degree (in Finance a plus)
• Minimum of 3-5+ years of valuation experience
• Strong analytical abilities
• Excellent verbal and written communication skills

Preferred Qualifications

• Excellent understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations
• A fundamental understanding of financial valuation theory, methodologies, and applications
• Strong knowledge of Excel modeling
• Demonstrated ability to work cooperatively with team members
• Ability to work independently in a fast-paced environment
• An exceptional work ethic
• Experience at Big Four or an Independent Valuation Advisory firm a plus