Teneo

Associate Director, Financial Advisory

London, United Kingdom Full Time

The Role

Teneo’s Corporate Turnaround & Transformation team is expanding, and we are seeking a highly analytical and motivated Assistant Director with a strong core financial skillset who has either already started working in turnaround and transformation situations or is looking to broaden their experience into this area.

This is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory skills. You will work alongside some of the most experienced practitioners in the field advising the boards, management teams, and shareholders of companies.  It is anticipated that some of these businesses may be underperforming and/or facing any financial stress where the situations will allow you to seamlessly link into the wider Teneo network across multiple jurisdictions.

As an Assistant Director, you will drive forward key workstreams, problem solve complex situations, and work hands‑on with management teams to drive rapid and sustainable improvement. You will also help manage junior colleagues and contribute to developing the growing team.

Key Responsibilities

Client Delivery

  • Support and challenge management teams in developing business plans, cash flow forecasts, and turnaround plans using fact based, data‑driven analysis.
  • Assess value creation and turnaround potential across businesses, leveraging financial insights and operational diagnostics.
  • Lead workstreams on performance improvement engagements, including:
    • Driving improvements across a commercial, product and operational lens;
    • Cash and working capital optimisation;
    • Liquidity management; and
    • Cost reduction and EBITDA improvement
  • Support in financial restructuring and lender side assignments where relevant (e.g., stress‑ testing‑, business plan reviews, stakeholder options analysis).
  • Prepare high quality‑ client deliverables including diagnostic reports, financial analysis, board packs, and turnaround recommendations.
  • Work closely with senior colleagues to manage stakeholders across complex and sensitive situations, requiring the necessary soft skills to do so.

Financial & Analytical Execution

  • Build and interpret short term cash flow models, integrated 3‑statement forecasts, working capital analysis, and scenario planning.
  • Use analytical tools (Excel, PowerBI, Tableau, Shibumi etc.) to generate insights, automate reporting, and support performance tracking.
  • Conduct robust operational and financial analytics to identify root causes of underperformance.

People Leadership

  • Manage and mentor junior team members on engagements, providing coaching and real time‑development.
  • Contribute to practice-wide training initiatives, especially those focused on financial analysis, performance improvement and turnaround methodologies.
  • Foster an inclusive, supportive team culture where contributions are recognised.

Business Development

  • Contribute to the development of proposals, pitch materials, and marketing initiatives bringing some enthusiasm and energy to relevant sectors where you have experience or a passion.
  • Build your external network and play an active role in key client accounts and internal business development programmes.
  • Help identify opportunities for expanding further Teneo services across engagements.

Key Skills & Experience

Basic Requirements 

  • Strong financial skillset, likely from financial advisory, restructuring, audit, transaction services, banking, corporate finance, or a corporate performance role.
  • Proven experience in:
    • Financial analysis and modelling
    • Cash and working capital analysis
    • Business planning and forecasting
    • Identifying and delivering financial or operational improvement initiatives
  • Comfortable working with senior stakeholders and operating in fas-tpaced‑paced, ambiguous environments.
  • Excellent project management skills with an ability to manage multiple workstreams concurrently.
  • Strong interpersonal and communication skills (written and verbal).
  • High proficiency in Excel and PowerPoint; familiarity with BI tools (PowerBI, Tableau) preferred alongside usage of AI tools to support delivery.
  • Ability and willingness to work hands-o‑on with clients, including time spent on site where needed.

Preferred Requirements

  • Experience in turnaround, performance improvement, or operational transformation, those with an audit background also considered.
  • Exposure to stressed, distressed, or restructuring situations (not essential, training provided).
  • Professional qualification (ACA/ACCA/CFA) or equivalent experience.
  • Experience in data visualisation, reporting automation, or operational analytics.

The Financial Advisory Team at Teneo

Teneo’s global Financial Advisory business advises corporates, creditors and other financial stakeholders in situations of financial stress and distress. No two situations are the same. Our advice and approach is tailored to each situation and each client. At Teneo, we believe such occurrences present new opportunities for our clients. Opportunities to restore value, raise new capital, pivot in a new direction and ultimately, identify certainty amidst chaos. Teneo partners with clients to find viable opportunities that will protect and enhance value and help them to build strategies that will most benefit their business and/or investment goals.

Integrating the disciplines of financial advisory, management consulting, investor relations, strategic communications, government affairs, risk analysis and talent advisory, Teneo’s global team guides companies and their stakeholders through periods of uncertainty and stress. We help address the challenges a business faces and our focus is on delivering certainty from uncertainty.

What can we offer you?

New joiners are supported by a week-long induction programme, and continuous improvement is achieved through a structured and tailored programme that suits your career development.

As well as this we offer a whole host of benefits and reward including:

  • Competitive Salary
  • 28 days holiday
  • Discretionary Bonus Scheme
  • Cash benefits package
  • Extensive investment in personal development & learning
  • Enhanced maternity and paternity leave (depending on length of service) and shared parental leave
  • Private medical insurance
  • Group Income protection
  • Life assurance
  • Cycle to work schemes
  • Regular social, cultural and charitable activities

About Teneo

Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future.

Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations.

Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance, ESG and DE&I.

The firm has more than 1,600 employees located in 40+ offices around the world.