115

Business

Unpredictability means excitement in transaction advisory services

Philip Tees
November 8th, 2014


This article is more than 10 years old.

Australian Lauren Morrissey tells us about her workplace

Lauren Morrissey, a senior manager in transaction advisory services at EY

What is your job title and what does an average workday involve?
I’m a senior manager in transaction advisory services at EY. I work with buy-and-sell side due diligence – basically doing a health check on companies that are to be bought and sold, working alongside investment bankers, company owners and sometimes private equity firms, all depending on the nature of the transaction.
An average day depends on whether we have a project or not. When we have a project, we are extremely busy. Everything has to be done yesterday! We need to make sure that the client is always prepared and always has the information needed.
My job is really to run the teams doing this. Lots of project management!

What’s the best thing about your job?
I really like the unpredictability of it – it makes it quite exciting. I also love getting to know people’s businesses. We need to very quickly get a detailed understanding – of what drives revenue, expected growth, the customers, the costs – so that we’re in the situation to explain all of this to a buyer.
If our client is a business owner, their business is their baby, and selling a business is usually something you only do once or twice in your life. There can be a lot at stake.

What did you do before your current job?
I worked at KPMG in Australia, and then KPMG in Denmark before the merger with EY this summer. I came to Denmark for the job.
What are the most striking differences between Denmark and Australia?
In Denmark I can feel how international things are. It’s a small country so you have to have a lot of contact with the world beyond. I also really like the very direct way of working here, without all the formalities. It is really good when you’re busy!
And then there’s the work-life balance. It’s much better here than it is in Australia.

When you go back to Australia or travel in other countries, are you aware of any stereotypes about Denmark and the Danes? And how do these compare with reality?
I think people are getting to know a lot more about Denmark than they used to. I think before they thought that Denmark was the capital of the Netherlands or something. Now people know about Noma and some of the Danish TV shows and Princess Mary. I still don’t think people know a lot about the Danes, but they have this general idea that Scandinavia is cool. I never really come across negative stereotypes.

Is there anything you miss about living and working in Australia?
In Australia, and a lot of other countries, I believe, it’s quite common to have a Friday bar after work. When I came here, I noticed people didn’t really do that. This is something I missed – so I decided to make my own Friday bar! I started a networking group called Foreigners in Finance where we meet up three to four times a year for networking, socialising and professional development. If you’re interested in joining, look us up on Linkedin!


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”