Associate Director / Director Financial Advisory📣 Job Ad

About Teneo and the Role

Teneo guides companies and their stakeholders through periods of uncertainty and financial stress. The firm provides advisory services to assess options, address financing and balance sheet challenges, create liquidity, reduce costs, improve profitability, and manage business turnarounds or exits. Teneo's expert team also develops and delivers contingency plans and insolvencies across multiple jurisdictions, offering credible fallback plans to protect value and shape restructuring efforts.

As part of ambitious growth plans for its successful Saudi business, Teneo is seeking Associate Directors and Directors to join its Financial Advisory team in Riyadh, Saudi Arabia. This full-time role involves leading diverse engagements across various sectors, managing projects or key workstreams, overseeing junior staff, and supporting senior leadership in client delivery.

Key Responsibilities

• Lead and/or manage key parts of client engagements, providing support to Managing Directors or Senior Managing Directors.
• Assist client management teams in preparing and challenging business plans, short and/or longer term cash flow forecasts, and restructuring plans.
• Provide cash management services to clients to identify working capital and other cash flow improvements.
• Review and stress-test integrated business plans, budgeting, and forecasting models using a fact-based, data-driven approach, including KPI definition, data visualization, reporting automation, and touchless forecasting.
• Review detailed, integrated 3-statement forecasts (profit & loss, cashflow, and balance sheet), and discounted cashflow (DCF).
• Prepare report outputs that may range from business plan documentation and board reports when working for a company, through to preparation of independent business reviews when working for creditors.
• Develop, analyze, and present restructuring, refinancing, and/or insolvency options using input from other teams, *, insolvency or tax analysis, sector, and financial modelling.
• Liaise with the Company’s legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.).
• Prepare engagement letter(s) and ensuring adherence to all compliance requirements to support financial and risk management.
• Apply an understanding of engagement economics.
• Build client relationship skills, sector knowledge, and continue to develop leadership skills.
• Continue to build technical expertise, broader business advisory, and people management skills.
• Understand the market, topical issues, and Teneo's Financial Advisory propositions.
• Support practice and talent development, providing on-job coaching and development to staff.
• Develop junior staff outside of jobs through appraising and mentoring.
• Support wider Financial Advisory training initiatives.
• Manage diverse teams within an inclusive team culture where people are recognised for their contribution.
• Actively support business development activities, building and expanding your own contact network, and supporting Managing Director / Senior Managing Director led marketing and sales activities.
• Participate in existing business development programmes and key client accounts.
• Identify opportunities to expand engagements as well as opportunities to provide wider Teneo services to existing clients.
• Take responsibility for leading marketing initiatives aimed at specific channels to market, or events.

Typical Project Engagements

• Company diagnostic, turnaround planning, and implementation.
• Debt restructuring.
• Short-term cash flow forecasting and cash management office set-up.
• Preparation and validation of business plans.
• Independent business reviews and options analysis.
• Working capital management.
• Operational cost reduction.
• Interim management and active PMO leadership.

Required Qualifications and Experience

• A minimum of 8 years of Financial Advisory experience gained as an advisor within a professional services company, consultancy, investment bank, or as an analyst in a debt or special situations fund.
• Understanding of debt markets, banking, loan agreements, and other relevant financial and legal documentation.
• Proficiency in understanding financial statements and related data to assess historical financial performance and future outlook for client companies and prospects.
• Good understanding of the Financial Advisory marketplace, its trends, and key players (principals and advisers).
• Very strong analytical skills, including business analytics, business planning, short-term cash flows, and financing options.
• Excellent interpersonal skills.
• Strong project management skills, with the ability to lead mid-to-large teams and develop people.

Preferred Qualifications

• An Accounting degree and/or Qualified Accountant status.
• Experience in the UAE or KSA market is strongly preferred.

Work Environment and Application

This is a full-time position based in Riyadh, Saudi Arabia, offering the opportunity to contribute to Teneo's growing Financial Advisory practice. Teneo fosters an inclusive team culture where contributions are recognized and talent development is supported.