Senior Associate Transaction Services Full Time

Financial Due Diligence / Transaction Advisory Senior Associate

Quality of Earnings Focus

Position Overview

LCS is seeking an experienced, detail-oriented Senior Associate to join our growing Financial Due Diligence / Transaction Advisory practice. This role is focused on executing M&A transactions, including buy-side and sell-side Quality of Earnings (QoE) engagements, net working capital analyses, and related transaction advisory services.

This is an opportunity to get in at the ground level of a merit-based, entrepreneurial advisory team. Our senior professionals bring deep relationships and industry expertise across multiple verticals, and we work collaboratively to source and execute M&A engagements for new and existing clients.

The Senior Associate will play a critical role in supporting transaction execution, working closely with client executives, internal deal teams, private equity professionals, lenders, legal counsel, accountants, and other advisors.

This is a true transaction advisory role designed for someone who wants real deal exposure—not a traditional accounting or audit path.

What You’ll Actually Do

You will be directly involved in the execution of M&A and investment-related engagements, including:

• Conducting financial due diligence on target companies and investment opportunities
• Performing Quality of Earnings (QoE) analyses, including:
• EBITDA normalization
• Revenue and cost analysis
• Identification of non-recurring, non-operational, and unusual items
• Analyzing historical financial statements, projections, KPIs, and trends
• Preparing net working capital analyses, debt-like item schedules, and cash flow assessments
• Performing variance analysis and identifying key value drivers, risks, and deal considerations
• Building and reviewing transaction-focused financial models, valuations, and sensitivity analyses
• Assisting in transaction structuring and negotiation support based on financial insights
• Preparing clear, comprehensive due diligence reports that highlight findings, risks, and opportunities
• Participating in client meetings and presentations, including discussions with senior management and investors
• Collaborating closely with internal team members and external stakeholders in fast-paced, deadline-driven environments

Who This Role Is For (Must-Haves)

We are intentionally selective and focused on candidates with real transaction experience.

You should have:

• 2–4+ years of experience in public accounting and/or transaction advisory
• Direct QoE / financial due diligence experience strongly preferred
• Bachelor’s or Master’s degree in Accounting, Finance, or a related field
• CPA license (active or demonstrated progress toward completion)
• Strong understanding of:
• Financial statements and accounting principles
• Transaction-oriented financial analysis
• Working capital mechanics and cash flow
• Advanced Excel skills and strong working knowledge of MS Office
• Ability to synthesize complex financial data into clear, actionable insights
• Strong written and verbal communication skills for client-facing deliverables
• Proven ability to manage multiple projects and deadlines simultaneously
• High attention to detail and commitment to delivering accurate, high-quality work

Preferred (Nice-to-Haves)

• Meaningful experience in buy-side and/or sell-side QoE engagements
• Exposure to private equity-backed transactions
• Experience preparing or reviewing financial models and sensitivity analyses
• Comfort interacting directly with senior client stakeholders
• Experience across multiple industries
• An entrepreneurial mindset and interest in helping build a growing practice

What This Is Not

To set expectations clearly:

• ❌ Not an audit or assurance role
• ❌ Not a financial reporting or compliance position
• ❌ Not a Big 4-style hierarchy with limited responsibility
• ❌ Not a role where advancement is based solely on tenure

The Ideal Candidate Mindset

The right candidate:

• Is proactive, motivated, and a self-starter
• Enjoys problem-solving and financial “puzzles”
• Combines strong analytical and critical thinking skills with attention to detail
• Can stay calm under pressure and thrive in demanding environments
• Has a strong work ethic and a desire to continuously improve
• Takes pride in outstanding achievement—academically, professionally, and personally

Why LCS?

High-performing transaction professionals often leave large firms because:

• Their work is siloed into narrow tasks
• Client exposure is limited
• Advancement is slow and bureaucratic
• Real deal insight comes late (if at all)

LCS is intentionally different.

At LCS, you get:

• Direct exposure to live M&A transactions
• Meaningful interaction with private equity firms, founders, and executives
• Early ownership of analyses and deliverables
• A merit-based culture where performance drives opportunity
• A lean, collaborative team where your work has visible impact
• The chance to help build and shape a growing advisory platform

Compensation & Benefits

LCS offers a competitive compensation package, including:

• Premium free medical coverage
• Performance-based bonuses
• Moving assistance
• Ongoing professional development opportunities

To apply, please apply on LI or submit your resume, cover letter, and relevant certifications to dbourgoin@lcsfirm.com. We are excited to review your application and consider you for this exciting opportunity.