Principal, Restructuring
1 day ago
Doane Grant Thornton
Imagine being part of a team where human connection underlies everything we do - a place where great people come together to help our clients, colleagues and communities thrive. That's Doane Grant Thornton.
Guided by our core values, we empower our people to make a difference. We encourage the growth and development of rewarding careers—one that you can reflect upon with a sense of pride. Or, as we like to say, living our purple.
We're a large and growing professional services firm that still feels like a community. That's most important to us. With over three thousand people across Canada, we're building a thriving organization that's driven by purpose.
Our Values
Doane Grant Thornton holds a strong commitment to collaboration, leadership, excellence, agility, respect and responsibility.
Position Overview:
Become our next Principal in Restructuring
, shaping the future of our practice where excellence and meaningful connections intersect.
If you're an experienced Corporate LIT with a market-oriented mindset and exceptional leadership abilities, this opportunity is tailor-made for you. As we expand our market reach across Ontario, your entrepreneurial spirit will play a pivotal role.
Our senior team are renowned national insolvency practitioners, with impressive credentials and a track record of technical excellence, business results, and effective leadership. By joining us, you'll tap into a vast network of resources and expertise from practitioners across Canada. Your hands-on management approach and strong leadership skills will empower others to reach their professional aspirations, fostering a dynamic and motivating team environment.
As a Principal with Doane Grant Thornton key accountabilities include:
Service Delivery:
- Main point of contact and interacting with stakeholders on file engagements (creditors, debtors, lawyers, lenders, etc.) for creditors and legal inquiries
- Viability and Financial Reviews: Reviewing and analyzing financial information, financial projections, and business plans
- Building and maintaining client relationships with banks, lawyers, and other clientele
- Preparing, editing, and proofing key correspondence, client and court reports, and letters to stakeholders
- Insolvency proceedings: Filing various official documents with the Court and the Office of the Superintendent of Bankruptcy and ensuring all deadlines are met
- Hands-on role on file engagements including communicating with stakeholders, attending to file issues on an as needed basis and developing resolutions
- Tracking project progress, milestones, and deadlines, reviewing invoices, preparing payments and handling trust account duties; preparing summary of receipts and disbursements for trust accounts
- Reviewing proofs of claims for compliance with requirements pursuant to the Bankruptcy and Insolvency Act and entering into software
- Coordinating and attending external/internal meetings and events
- Ad Hoc projects based on skills including taking possession, accounting analysis, summarizing financial information, etc.
Business Development:
- Champion the growth, management and development of the Restructuring practice in the region that complements, and is supported by, the firm's overall strategy for growth
- Mentor, coach and develop the next generation of leaders
- Actively participate in business development efforts, including working collaboratively with senior leadership, partners, and marketing professionals to target and build relationships with client prospects.
- Improving on the operational results of the Restructuring practice by developing and maintaining productive relationships with clients from a variety of discipline
- Contribute to new business development by identifying broader needs of our existing clients, and prospective clients through cross-collaboration and interaction with other Doane Grant Thornton service lines
- Make a meaningful impact with clients and colleagues across Canada, collaborating across service lines, sub-service lines, sectors, and geography to provide a menu of options aimed at optimizing the entirety of a client's business value
- Lead and provide solutions to assist clients in identifying matters, as well as guiding and advising through growth in current business and financial conditions
Key Requirements:
Education:
Completion of a Bachelor's or advanced level degree (Masters) or professional accounting designation (CPA)
Completion of a Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program and a Licensed Insolvency Trustee (LIT)
Experience and Attributes:
- 10+ years of advisory experience in a Canadian professional services firm, leading and conducting complex corporate restructuring and insolvency proceedings
- Insolvency Expertise: Possess comprehensive knowledge of all insolvency proceedings.
- Financial Acumen: Understands key performance indicators and financial reporting.
- Proficiency in File Acquisition/File Administration and File Closure
- Demonstrated experience growing a practice and business development which focuses on development of relationships and actively anticipating client and market needs
- Nurture alumni connections: Strengthen your professional network by maintaining relationships with alumni.
- Actively participate in professional, industry or community organizations events
- Expand brand reach: Develop connections with bankers, lawyers, trustees, credit counsellors, and other potential referral sources to promote firm
- Ethical Compliance: Uphold the firm's ethical standards and code of conduct for Trustees.
- Strong management and leadership skills with the ability to be an active participant in the development of the team and the broader Advisory practice
- Develop solutions with clients and co-workers through collaborative effort and discussion
- Commitment to quality, excellence, and continual professional growth for yourself and for those you lead
- Excellent written, and verbal communication skills, including exceptional interpersonal skills to earn the trust and confidence of clients and colleagues at all levels and influence decision-makers
- Desire to learn and grow, and be an integral part of a team that puts "we before me", where agility is a mindset, and where you trust your colleagues to have your back
Are you ready to Discover Your Purple?...We are excited to meet you.
Let's have a confidential conversation. Contact
to learn more.
Doane Grant Thornton is committed to employment equity, human rights and respectful workplace principles throughout the life cycle of employment, including at the recruitment and hiring stages. We welcome applications from members of all equity deserving groups, including persons with disabilities, women, racialized and/or Indigenous applicants. Should you require accommodation in relation to the recruitment process, please notify us by emailing and we will work with you to meet your accommodation needs.
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