The US M&A and Restructuring (M&A/R) Offering Portfolio advises our client's as they seek to change the nature of their business and competitive position in the market through inorganic means (acquisitions, mergers, divestitures, and joint ventures). By providing M&A and restructuring services from beginning to end, we bring a large scope of capabilities to the market and opportunity for our practice and firm.
Recruiting for this role will end on 10/31/2024
Work you'll do
As an IT Strategy Manager, you will lead and deliver complex client engagements that help refine the client's IT strategy with a focus on inorganic growth by conducting operational diligence, divestiture support and post-merger support for clients as they assess JVs, Partnerships, Acquisitions, or potential sales. An IT Strategy Manager is a self-starter who is comfortable in an energetic and dynamic "roll-up-your-sleeves" culture.
Manager level responsibilities include:
- Facilitate M&A IT diligence discussions with clients and target companies across a broad set of industries with a focus on identifying risks and value creation opportunities across IT organization, IT processes, applications (custom-developed and off-the-shelf), infrastructure, cloud technology, and cyber-security; and demonstrate a keen understanding of how technology enables business strategy and operational capabilities.
- Identify gaps and risk associated with IT enablement, IT maturity and IT technical debt and provide recommendations on how to mitigate the risks in the M&A context.
- Demonstrate a keen understanding of IT costs and financials and able to quickly conduct cost transformation and cost estimation analysis through a combination of 3 rd party benchmark and proprietary data and tools.
- Assess technology architecture from data, infrastructure and integration standpoint to provide comments on reliability and scalability of IT environment.
- Absorb multiple streams of information, quickly synthesize data, and draw directionally correct conclusions about the assessed target company.
- Develop key diligence artifacts including agendas, data request lists, interview guides, high-level roadmaps, one time and recurring cost analysis models, benchmark analysis, synergy analysis, contract analysis, IT-related transition service agreement schedules, high-level integration, divestiture and/or standup roadmaps, client deliverables and other related artifacts.
- Ability to present a coherent perspective in verbal, written and analytical formats, as part of a broader M&A diligence effort.
- Serve as the primary day-to-day contact for client executives.
- Are resourceful in the event candidate is not familiar with certain subject matter areas that arise during diligence activities.
- Develop scope statements and pricing estimates for prospective clients.
- Identify and collaborate with appropriate subject matter advisors to best serve clients with excellence.
- Ability to work towards meeting tight timelines, as needed.
- Proven ability to work effectively as part of a team (including leadership roles) and as an individual.
- Expectation to produce and oversee the quality of deliverables and effectively manage the team to ensure exceptional performance.
The Team
M&A Strategy and Diligence serves as strategic advisors to Deloitte's senior most clients across corporations and investors as they contemplate inorganic strategies including M&A based growth options, portfolio rationalizations, buy/build/partner decisions, target scans, and diligence on the buy and sell side. The Strategy and Diligence practice is one of multiple practices within the M&A/R Portfolio - collectively these practices bring together market leading capabilities across the deal lifecycle.
Qualifications
- At least 6 years of technology experience in the majority of the following areas: IT organization, IT processes, applications (custom-developed and off-the-shelf), infrastructure, cloud technology, and cyber-security; with a keen understanding of how technology enables business strategy.
- At least 6 years of experience synthesizing data, identifying risks and value-creation opportunities, and developing perspectives and implications as part of an overall concrete assessment of the subject company.
- A candidate must have 4+ years of IT M&A due diligence or M&A IT Service Delivery Experience in the following areas:
- Participating in setting engagement objectives and scope.
- Framing issues and developing high level approaches to resolve same.
- Developing work plans for components of engagements, coordinate activities between work streams and identify changes in scope.
- Designing deliverable content that includes strong written and communication skills.
- Working independently and managing multiple task assignments.
- Managing teams to precisely reflect the engagement contract and client needs and strive to improve deliverable quality through verification and validation of results.
- Collaborating with practitioners in other practices and businesses.
- Partnering with senior executives to define how they employ M&A - in alignment with their corporate strategy - to drive profitable growth and enable them to compete effectively in their industry.
- Managing service excellence by identifying key client business issues, determining client needs by supplementing the standard assessment techniques and tools with innovative approaches, evaluating and validating analysis and developing recommendations for the client in the context of the overall engagement.
- Managing day-to-day interactions with executive clients and sponsors; develop and maintain contact with top decision makers at key clients.
- Participating and leading aspects of the proposal development process; contributing to the development of proposal pricing strategies.
- Identifying and developing add-on sales opportunities.
- Performing role of counselor and coach; actively participate in staff recruitment and retention activities; provide leadership and support for delivery teams and staff in local offices.
- Improving internal processes, and promote knowledge sharing in the team, by contributing to the community of practice, blogs, and other forms of market eminence.
- Experience in the delivery of at least 10+ IT diligence projects for strategic or financial clients.
- Minimum of a Bachelor's degree and 6+ years consulting and/or industry experience; alternatively, an MBA with 4+ years relevant work experience is acceptable.
- Ability to travel up to 50% on average, based on the work you do and the clients and industries/sectors you serve.
- Limited immigration sponsorship may be available.
Preferred
- MBA or technology-related advanced degree with 6+ years relevant work experience with at least 5+ years of consulting experience, 2+ years of M&A consulting, and at least 6+ years of practical IT operational experience.
- Experience leading digital transformation efforts across ERP, cloud, infrastructure, custom-developed technologies, etc.
- Experience leading pre- and post- merger M&A IT activities.
- Lead responsibility for the delivery of at least 20+ IT diligence projects for strategic or financial clients or other similar experience from other industry or consulting roles.
Information for applicants with a need for accommodation:
https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $167,325 to $278,875.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.