Competency Flashcards

1
Q

What are the CLEARR Values?

A

Collaboration
Leadership
Excellence
Agility
Responsibility
Respect

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2
Q

Give an example of a time when you have needed to collaborate with another team or service line. How did you go about this and what was the impact?

A

S - RPF, items getting approved but not implemented
T - Improve co-operation between teams to improve implementation
A - Change Quorum requirements and implementation tracker
R - Decreased average implementation time (As seen on tracker)
R - Should have been assess prior to coming to the forum

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3
Q

Give an example of an occasion when you have had to adapt your priorities to meet a business or client need? How did you ensure you met your deadlines in a timely manner?

A

S - Q122 Restatement (Over-issuance of securities) AVP Annual Leave and VP on Maternity Leave
T - Restate the annual report quickly and to a high standard
A - Performed a lot of the work independently, pulled additional help from Chennai
R - Delivered the restatement quickly and to a high quality. Received an Outstanding rating because of it
R - Nothing on the task itself however should have taken advantage of the exposure to senior leadership

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4
Q

How do you ensure you lead by example at all times? Give an example of your leadership style and how you adapt this to meet the needs of your colleagues

A

S - Graduate handover
T - Get them up to speed, Especially External Reporting (Q3 & RNS)
A - Two weeks before, set up training sessions
R - Grad integrated quickly and enjoyed the year also kept close contact and he follow me to treasury
R - Handled well, but i think because i have suffered from a poor handover in the past

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5
Q

Give an example of a time you have had to challenge a colleague’s idea or opinion. How did you go about doing this and what was the outcome?

A

S - FLM, Presenting at the RPF
T - Internal Treasuries / Captive Financials. Key aspects of review and challenge. Pre-socialization rejected as key stakeholders disagreed
A - Put in separate meetings to come to a conclusion
R - Approved
R - Should have been better socialized

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6
Q

Give an example of a time you have driven operational excellence through a project or task. How did you ensure your quality levels were high and what actions did you take to enhance delivery throughout?

A

S - Results Presentation
T - Issues / Mistakes in the past
A - Responsibility to check on a weekly basis
R - Reduced the amount of mistakes
R - Would have done less checks in the first few weeks

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7
Q

How will you take responsibility to drive an inclusive culture within your team? Give examples of where you have done this in the past and how you might tackle this at Grant Thornton

A

S - 1st year, covid
T - Virtual Christmas for the team. Needed to be entertaining and interactive
A - Breakout rooms, lots of opportunities for people around the world to get involved
R - Good feedback
R - Other games, but easy to say now…

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8
Q

Who is the CEO

A

Peter Bodin

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9
Q

How is the UK IPO market performed this year?

A

H1 UK IPO Main Market and AIM down 31%

Adversely impacted by inflation and interest rates

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10
Q

How is M&A doing this year

A

M&A deals down 21% YoY

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11
Q

What is ECM?

A

Helps companies raise equity capital

Consists of the primary and secondary market

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11
Q

Motivation for the role? (3)

A

1) Role where i am helping drive the business forward, having a tangible impact and adding value because IPO / M&A is such a crucial stop for the business

2) Client Facing role - Would provide me with a different set of skills. Especially as the job description mentioned interfacing with senior employees

3) Aligning more towards my core skills and things i enjoy

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12
Q

What is capital?

A

Capital refers to a Company’s assets but focuses on the resources available to conduct daily business operations

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13
Q

What is Equity?

A

Owners share of the assets of a business

Equity = Total Assets - Total Liabilities

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14
Q

Advantages of raising capital in the ECM? (4)

A

1) Lower debt to equity ratio
2) More flexible
3) Compared to debt capital, there is less liability in case the business fails
4) Attracts and retains better management and skilled employees

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15
Q

Disadvantages of raising capital in the ECM? (4)

A

1) Expensive and time consuming
2) More scrutiny
3) Fewer tax benefits
4) Required to disclose financial, accounting, tax and other business information

16
Q

What is an IPO?

A

An IPO is the process of offering shares of a private corporation to the public in a new stock issuance for the first time

17
Q

What is discounted cash flow (DCF)?

A

NPV / Discount rateH

18
Q

How do you calculate the discount rate?

A

WACC is typically used for the discount rate

WACC = (Equity * Cost of Equity) + ([% of capital that is debt)*(1-tax)]

19
Q

What is NPV?

A

Shows the discounted cash flow of EBIT of a company

NPV = Net cash flow / (1+i)^t

20
Q

What is IRR?

A

IRR is the discount rate that makes the NPV zero

21
Q

Why Grant Thornton? (2)

A

1) I want to stay in a big company = bigger opportunities

2) Ranked #1 nominated advisor by number of AIM admission since 2018

22
Q

Give an example of when you had to interface with senior management?

A

S - RPF
T - Quorum requirements
A - Regularly work in advance & delegates
R - Good turnout
R - Should have taken advantage of the opportunity more

23
Q

Name 4 ways to raise funds in the capital market?

A

1) Equity shares
2) Bonds
3) Preference Shares
4) Debentures

24
Q

What is NPV (Word definition)

What are the advantages of NPV? (4)

A

NPV shows the discounted cash flow

Advantages:
1) Easy to calc
2) Considers the time value of money
3) Considers the cash flows of the project
4) Gives ranking according to NPV

25
Q

What are the disadvantages of NPV? (4)

A

1) Difficulty estimating the required rate of return
2) Focuses on short term projects
3) Some costs hard to estimate
4) Not possible to compare different size projects

26
Q

What does the underwriter do?

A

Guarantee the shares will be sold

27
Q

What did Ciara say she did?

A

Provide advice to private and quoted small-mid cap, high growth companies seeking growth, specifically through accessing public / equity funding in the following ways:

1) IPOs and Stock Market flotation
2) Advisor to quoted companies on the LSE Main market, AIM and ASQE exchanges
3) Public company M&A
4) IPO Readiness

28
Q
A
29
Q
A