DescriptionEstablished in the region for 40 years, PwC has around 12,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates.Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 370,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for.Line of ServiceAdvisoryIndustry/SectorBanking and Capital MarketsSpecialismDealsManagement LevelDirectorJob Description & SummaryAt PwC, we value every individual's role in shaping our future. We're looking for candidates who excel in their roles and embody our core behaviours of Trusted Leadership and Distinctive Outcomes. Trusted Leadership focuses on building trust, delivering sustained results, and showing courage and honesty. Distinctive Outcomes emphasize excellence, collaboration, and inclusiveness. We seek self-aware, collaborative individuals committed to continuous learning and delivering quality and integrity.PwC’s Business Restructuring Services (BRS) team is currently the largest restructuring practice in the Middle East, with over 50 employees operating across various offices in the region. Our team helps organizations facing financial distress or insolvency with crisis recovery, cash flow management, financial and operational restructuring, liquidation and insolvency proceedings. Whatever the solution, we help them manage road blocks until the job is done.We develop and implement realistic and pragmatic plans by applying restructuring and stakeholder management skills, functional knowledge, and proprietary assets and tools to support executives in making difficult decisions and driving through change in a short timeframe. We help clients, among other things, to reduce balance sheet stress, generate cash and reduce costs or refinance to find the best source of capital to support their business objectives. Whatever the solution, we help them manage road blocks until the job is done.What to consider before applyingThis role requires the candidate to be based out of our Riyadh office.Your flexibility to travel. This means we may require you to work away from your base office location on a regular basis and frequent overnight stays may be required. Where possible, we will take your preferences into account and strike a balance between meeting your career development/personal needs and those of the business and our clients.The RoleResponsibilitiesAs a Business Restructuring Director, you’ll work as part of a team of problem solvers, helping solve complex business issues from strategy to execution and operations. Responsibilities include, but may not be limited to:Lead business restructuring and turnaround projects for clients across various industriesDevelop and implement effective strategies to address financial and operational challengesAdvise senior management and stakeholders on restructuring plans and turnaround initiativesBuild and maintain strong relationships with clients, creditors, and investorsProactively seek to identify opportunities to grow the business with new and existing clientsAct as a trusted advisor, delivering actionable insights and solutions tailored to client needsConduct in-depth financial assessments, including cash flow forecasting, liquidity analysis, and financial modelingIdentify risks, inefficiencies, and opportunities for cost reduction and revenue enhancementCollaborate with legal, financial, and operational teams to execute restructuring plansSupport negotiations with creditors, investors, and other stakeholders during turnaround processesMentor and manage a team of restructuring professionals, fostering a high-performance culture.Oversee project deliverables, ensuring quality and timelinessThe Requirements10+ years of relevant experience in business restructuring, turnaround management, or financial advisory Strong expertise in financial modeling, forecasting, and liquidity managementProven experience working within the Middle East region, with a strong understanding of regional market dynamics is preferredDemonstrable track record of winning work and developing businessHas led high-impact restructuring projects with clients from various sectors Proven track record of leading complex restructuring engagements and driving successful outcomesStrong negotiation, conflict resolution and communication skills with the ability to build relationships, influence key stakeholdersPossess a deep understanding of strategies, deal structuring, and the M&A process, bringing valuable insights and solutions to complex transactions and investment opportunitiesDeep understanding of bankruptcy processes, insolvency laws, and creditor negotiations (knowledge of local regulations is a plus)Excels in fostering collaborative relationships at all organizational levels, earning credibility with both senior management and external clients through effective communication and partnershipCPA, CFA, CTP, or equivalent is highly desirableExhibits strong time management and organizational abilities, adept at prioritizing tasks and meeting tight deadlines efficientlyWhy you’ll love PwCWe’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of amazing teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about us at https://www.pwc.com/m1/en/about-us/life-at-pwc.htmlEducation (if blank, degree and/or field of study not specified)Degrees/Field Of Study RequiredDegrees/Field of Study preferred:Certifications (if blank, certifications not specified)Required SkillsOptional SkillsAccepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Bankruptcy Analysis, Bankruptcy Code, Bankruptcy Management, Bankruptcy Restructuring, Business Liquidations, Cash Flow Analysis, Client Management, Coaching and Feedback, Communication, Conducting Research, Corporate Development, Corporate Finance, Corporate Management, Creativity, Data Rooms, Debt Restructuring, Embracing Change, Emotional Regulation, Empathy, Financial Modeling, Financial Review {+ 24 more}Desired Languages (If blank, desired languages not specified)Travel RequirementsUp to 20%Available for Work Visa Sponsorship?YesGovernment Clearance Required?YesJob Posting End Date