EY Strategy and Transactions Associate - EY-Parthenon Software Strategy Group - Multiple Locations in New York, New York
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
Massachusetts, New York, New Jersey, California
Competitive business today is all about making intelligent, informed decisions. As an Associate within EY-Parthenon you will help make that happen. EY-Parthenon is a leading advisory organization focused on strategy consulting. We are committed to combining our unconventional thinking with our clients' smarts to deliver actionable strategies. The Software Strategy Group is a specialized advisory practice within EY-Parthenon serving private equity investors, their portfolio companies, and corporate clients on topics ranging from diligence through strategy and execution, focused on evaluating technology-driven markets, assessing technology companies, and helping technology companies solve their toughest challenges.
SSG provides investment and acquisition guidance (including commercial, product, and technology diligence), strategy/value creation and transaction advisory services to software companies and technology-focused investors. EY-Parthenon's SSG teams have completed hundreds of successful projects and provide a unique capability to help our clients make critical decisions, complete successful transactions, and build long-term value.
SSG team members leverage a mix of qualitative and quantitative analysis, robust primary and secondary research, and unique frameworks to deliver strategic advice to our clients and help them make more informed decisions. We have developed the models, industry contacts, benchmarks and methods designed for helping software companies succeed. Every SSG case team includes Managing Directors who have been CTOs and CEOs in early- and late-stage software companies. The combination of our Managing Directors, Directors, and Consultants, all with deep software expertise, provides an unparalleled opportunity for you to learn from the best in the field.
You will have the ability to develop your career through a broad scope of engagements, mentoring and formal learning. That's how we develop outstanding leaders who work together to deliver meaningful results for all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.
Your key responsibilities
Associates are the backbone of our case teams. Every day as an Associate is different. On any given day, an Associate might conduct industry research, interview industry experts, meet with technology company executives, conduct qualitative and quantitative analysis, or participate in discussions with our client. We provide training in key business areas, technical concepts, and analytical methods immediately upon joining the firm and throughout your EY-Parthenon career.
Our Associates work on teams that engage with clients on a variety of topics, ranging from diligence to strategy assignments:
Product and technology diligence : SSG provides market-leading product and technology diligence of companies in the Software Economy, an "inside-out" assessment of product capabilities, product road map, software architecture, technical debt, R&D organization, and software development processes, enabling investors to understand a software company's capabilities and ability to execute against its corporate strategy, while also identifying risks and opportunities.
Integrated diligence : When EY-Parthenon teams combine product and technology diligence with leading commercial due diligence "outside-in" capabilities, we provide clients with a cohesive view of their target investment from both a market and an operational perspective, providing insights that each diligence workstream may not uncover independently. We are a leader and innovator in this integrated offering and bring extensive capabilities to the marketplace.
Software development effectiveness : EY-Parthenon teams assess a company's software development organization for capacity, talent and process, and actionable recommendations to improve productivity, timeliness, predictability, quality and overall alignment with the corporate strategy. This assessment is conducted through site visits, interviews, data analysis, hands-on evaluation, primary research and benchmarking. EY-Parthenon provides a detailed strategy on how to improve internal and external integration, communication and governance.
Technology strategy and road map : By analyzing clients' technology road maps and potential alternatives, as well as assessing cost, risk and alignment with strategic objectives, we help companies identify and build a suitable technology strategy and architecture road map — sometimes building on internal efforts and sometimes on brand-new ideas. This type of engagement includes a potential re-platforming initiative or a major transformational effort, such as a substantial acquisition or a SaaS transformation.
Product strategy and road map : EY-Parthenon teams analyze a company's product road map and provide recommendations for improvement in product strategy and road map based on market and competitive research, team capabilities, development cost and risk, and technology underpinnings. This type of engagement typically includes primary research on the competitive landscape and market greenspace. It may also entail post-merger consolidation or rationalization of a product portfolio. Like other engagements, it leverages the combination of capabilities in understanding and assessing competitive marketplaces and deep knowledge of software technologies.
Skills and attributes for success
Executing qualitative and quantitative analysis (e.g., customer segmentation, market sizing, competitor analysis, organizational capabilities, technology capabilities) to support the formulation and validation of strategic recommendations
Conducting in-depth interviews with key organizational stakeholders, industry experts and customers
Performing secondary research using a variety of sources (e.g., analyst reports, market research reports, news articles)
Analyzing business plans and pro-forma financial models to help identify key assumptions and drivers
Maintaining relationships with client personnel at appropriate levels and other internal teams on the engagement
To qualify for the role you must have
Outstanding academic performance, with a bachelor's degree and at least 1 year of related work experience; or a graduate degree and approximately 1 year of experience.
Ability to make detailed assessments of industry, products, markets, competitors and customers to identify risks and opportunities
Proficient in the English language, including the ability to listen, understand, read and communicate effectively, both in writing and verbally, in a professional environment
Effective organization and time management skills, with the ability to work under pressure and adhere to project deadlines
Willingness and ability to travel, when necessary (approximately 20-40%)
A passion for software!
Ideally, you'll also have
A bachelor's degree in computer science or professional experience working for a software company (either directly or as a client in a professional services setting)
Excellent problem solving, project management, facilitation and interpersonal skills
What we look for
We are looking for candidates who have a strong aptitude for quantitative and qualitative analysis and the ability to link business strategy to performance. Being a strong team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients' goals.
What we offer
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
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