Business Unit:
Financial And Valuation Advisory
Industry:
Portfolio Valuation
Overview
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG.
Financial and Valuation Advisory
Over the past 50 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. In 2024, LSEG ranked us the No. 1 Global M&A fairness opinion advisor over the past 20 years. Our stability, integrity, technical leadership, and global capabilities make us a trusted advisor for clients worldwide, across a wide range of services, including the Transaction Opinions, Transaction Advisory Services, Corporate Valuation Advisory Services, Portfolio Valuation and Fund Advisory Services, Real Estate Valuation and Advisory Services, and Dispute Resolution Consulting practices.We are currently inviting applications for Industrial Trainee positions within our Portfolio Valuations (PV) and Financial Due Diligence (FDD) teams in India. This is a unique opportunity to gain hands-on exposure in a global investment banking platform, working with highly talented professionals and supporting complex, high-impact engagements.Please read through the job descriptions below for each team carefully.
Portfolio Valuations Team
Responsibilities:
- Supporting valuation teams, which provide valuations of illiquid debt and equity securities held by hedge funds, private equity funds, and business development companies in connection with fair value reporting of the funds’ assets to investors
- Reviewing client investment memoranda, board of directors’ presentations, specific debt and equity agreements, and financial models to develop an understanding of the company or securities being analyzed
- Compiling statistical summaries of companies’ financial information, developing and computing financial ratios, and presenting the analyses in an organized manner and/or using our standard formats and presentations
- Identifying relevant comparable public companies and M&A transactions within parameters established by FVA project teams, based upon information services such as S&P Capital IQ and Bloomberg, along with knowledge of the appropriate Standard Industrial Classification and other methods, as appropriate
- Constructing and reviewing valuation and other financial analyses, including the guideline public companies, guideline precedent transactions, and discounted cash flow analyses, using Houlihan Lokey proprietary models
- Researching and providing information on (a) general economic conditions, (b) industry-specific conditions and trends, (c) acquisitions and divestitures within specific industries, and (d) various investment attributes of publicly traded and privately held securities
- Participating in telephonic and in-person due diligence meetings/discussions, communicating with clients and responding to auditor questions regarding valuation analyses prepared by Houlihan Lokey
- Designing and drafting client deliverables
- Assisting in the preparation of fee proposals to clients, including scoping discussions, pitch materials, and internal engagement pricing committee memoranda
- Performing other ad-hoc research, analytics, and support for the FVA project teams as required
Qualifications:
The environment at Houlihan Lokey is collegial and entrepreneurial and, as such, rewards staff with substantial responsibility and interaction with senior-levelprofessionals and clients. The ideal candidate thinks strategically, is motivated, detail oriented, creative, outgoing, and possesses strong quantitative skills.
Basic qualifications:
- Pursuing Chartered Accountancy (IPCC Cleared-Both Groups)
- Completed 1 year of articleship preferably with Big Fours or Independent Valuations experience is a plus.
- Understanding of alternative investment strategies and products across equity, preferred credit, real estate and other asset classes is a plus.
- Strong analytical abilities.
- Fluent in English (excellent verbal and written communication skills)
Preferred Qualifications:
- Excellent understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations.
- A fundamental understanding of financial valuation theory, methodologies, and applications including (CapIQ, Bloomberg, etc.
- Strong knowledge of Excel modeling and experience in building valuation models (DCF, Market approach and Option Models)
- Demonstrated ability to work cooperatively with team members.
- Ability to work independently in a fast-paced environment.
- An exceptional work ethic.
Financial Due Diligence – Transaction Advisory Services (TAS)
Responsibilities & Deliverables:
- Support FDD team on buy-side and sell-side transaction advisory engagements
- Summarizing and analyzing financial information (trial balances, income statements, balance sheets and cash flows)
- Reconciling information provided by management with the Audited financial information
- Preparation of data books in accordance with firm and professional standards and in accordance with the requirements of the project
- Other ad-hoc pre-acquisition and post-acquisition due diligence and research support tasks
Qualifications:
- Pursuing Chartered Accountancy (IPCC Cleared-Both Groups)
- Completed 1 year of articleship preferably with Big Fours or Tier 1 Financial Services/CA firms experience is a plus
- Strong accounting knowledge with exposure to statutory audits, limited reviews, and financial statement analysis
- Good working knowledge of Excel and comfort with financial data handling
- Knowledge of and experience with data analytics technologies such as Tableau, Alteryx, Dataiku will be an added advantage
- Strong analytical abilities.
- Fluent in English (excellent verbal and written communication skills)
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.
