Description
This is a remote position open to any qualified applicant in the United States.
Cognizant ( Nasdaq : CTSH ) is one of the world’s leading professional services companies. Our industry-based, consultative approach helps companies evolve into modern businesses. By leading clients in leveraging technologies essential to modern enterprises such as IoT, artificial intelligence, digital engineering and cloud, we enable new business and operating models that unlock new value in markets around the world. Cognizant’s unwavering focus on our clients is led by over 330,000 associates, who deliver services and solutions tailored to specific industries and the unique needs of the organizations we serve.
The team
Our Corporate Development team is responsible for driving the short and long-term growth of Cognizant in tandem with our organic growth efforts. Members of the Corporate Development team work closely with multiple business units and corporate functions within the Cognizant organization to identify, evaluate and integrate acquisition, investment and partnership opportunities. Cognizant is publicly committed to making further acquisitions that strengthen our position in a market industry or service offering.
A critical part of our Corporate Development organization is the Strategic Diligence Team, who reports directly to the VP of Corporate Development. The Strategic Diligence Team is a high performing multidisciplinary team of strategy and finance professions that guide senior management through M&A processes, and directs and manages the strategic commercial and cross functional due diligence for Cognizant’s M&A transactions.
Associate Director, Corporate Development Due Diligence & Transaction Management – Part of the Strategic Diligence Team that conducts strategic due diligence and value driver analysis, market sizing research and reporting, P&L performance analysis, KPI benchmarking analyses and other ad hoc commercial analysis as it relates to business case development. Use considerable judgment to solve complex and ambiguous problems in M&A projects, bringing structure and rigorous quantitative and qualitative analysis techniques. Assisting / leading end-to-end cross functional corporate due diligence and transaction management for M&A transactions.
Additional responsibilities include:
- Prepare materials for and participate in target management meetings
- Collate findings of due diligence across all commercial and corporate functional due diligence work streams for review by our investment committee
- Review and give comments on legal contracts associated with transactions, ensuring risks identified in due diligence are appropriately considered
- Assist in preparing Executive Leadership / Investment Committee deliverables and communications
- Coordinate transaction signing and closing procedures with relevant functional teams, including performing funds flow tie out.
- Prepare communication including reports, memos, etc. to ensure continuity and a smooth transition during the post-closing phase to support the integration
- Demonstrate Cognizant’s core values and support inclusion and diversity goals
- Coach and train fellow associates where relevant, ensuring best practice across the team
Requirements:
Professional experience skills:
- At least 5-7 years of experience in either of big 4 transactions service, corporate finance, strategy consulting, private equity or equivalent
- M&A experience over 20 to 30 transactions in either deal execution, commercial due diligence/ M&A strategy or financial due diligence
- Strong data and commercial analytic abilities, presentation, written skills, and organizational skills
- Excellent people skills, working successfully in a team context with co-workers and senior management
- Proficient in Excel and PowerPoint
- High attention to detail
- Strong project management skills with the ability to manage multiple priorities given aggressive timelines
- Must be able to work in a self-directed manner and exercise judgement but will benefit from a structured training plan aimed at creating a well-rounded M&A professional
- Exposure to other multinational providers of technology consulting and transformation services is a plus
Education/Certifications:
- BA or BS Accounting, Finance or other relevant business degree
- CPA, CFA, MBA or other relevant professional/ post-graduate qualification
Salary and Other Compensation:
The annual salary for this position is between $110,000-$170,000 depending on experience and other qualifications of the successful candidate.
This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant’s applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
- Medical/Dental/Vision/Life Insurance
- Paid holidays plus Paid Time Off
- 401(k) plan and contributions
- Long-term/Short-term Disability
- Paid Parental Leave
- Employee Stock Purchase Plan
Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Qualifications
Technical Skills
SNo
Primary Skill
Proficiency Level *
Rqrd./Dsrd.
1
MS Excel
PL1
Required
* Proficiency Legends
Proficiency Level
Generic Reference
PL1
The associate has basic awareness and comprehension of the skill and is in the process of acquiring this skill through various channels.
PL2
The associate possesses working knowledge of the skill, and can actively and independently apply this skill in engagements and projects.
PL3
The associate has comprehensive, in-depth and specialized knowledge of the skill. She / he has extensively demonstrated successful application of the skill in engagements or projects.
PL4
The associate can function as a subject matter expert for this skill. The associate is capable of analyzing, evaluating and synthesizing solutions using the skill.