Due Diligence Analyst Placement - Southampton - August 2023
Due diligence is an important stage within a corporate finance deal process and typically commences once a deal has been agreed in principle between a buyer and seller. Due diligence aims to give comfort and assurance to a buyer that the business is actually as has been presented, i.e. that it is making the profits and has the financial position that the buyer has been told – in this way it can confirm or correct the value of the business and the price that has been agreed and can then feed directly into subsequent deal negotiations. Relative to mergers and acquisitions (M&A), due diligence projects are shorter in duration and more detailed in nature, and represent a deeper dive into the financials and operations of a company over a specified review period which can include both recent actual results and future performance.
Area of Responsibilities
In our due diligence team you will be working on live projects from day one, after a brief intensive training course with your peers. You’ll learn what makes a business attractive to investors and buyers, and the possible funding options for companies looking to grow. You’ll be working with businesses and entrepreneurs from a broad range of industries and sectors as well as liaising with experts from other fields, such as law and banking. This hands-on experience is invaluable as you take the next steps in your career.
At RSM, you’ll benefit from on-the-job training from more senior members of the team and gain access to our internal training courses that will help you develop in the role, including courses to teach you due diligence and corporate finance specific skills. These residential courses give you the opportunity to interact with your peers and learn directly from service line experts within our departments.
We’re on the lookout for graduates with a ‘can-do’ attitude who are prepared to work hard and take on high levels of responsibility. Due diligence requires an analytical and enquiring mindset, and a high level of interaction with both the rest of your RSM team as well as external stakeholders, so we look for team players who enjoy interacting with others and are curious about how businesses work. Time management and organisational skills are key as you may be working on multiple projects at the same time. You should be confident with numbers but also have excellent written communication skills and a keen attention to detail.
You will need:
112 UCAS points across 3 A Levels or an equivalent level 3 qualification, or 104 UCAS points across 4 Scottish Highers/Advanced Highers or Irish Leaving Certificate (Higher Level);
A predicted honours degree.
Please note, RSM does not accept General Studies, AS levels or the Extended Project Qualification (EPQ).