Business Unit:
Financial and Valuation Advisory
Industry:
TAS - Transaction Advisory Services
Basic Qualifications
- Accounting majors - Master or Bachelor of Accountancy (or dual accounting and finance majors) with a graduation date between December 2025 and June 2026
- Coursework in accounting and finance, MUST BE eligible for CPA licensure upon graduation
Preferred Qualifications
- Strong analytical abilities and financial and computer skills (Excel / PowerPoint in particular)
- Excellent verbal and written communication skills
- A demonstrated ability to work cooperatively and be a team player
- Basic knowledge of US Generally Accepted Accounting Principles
Overview
Houlihan Lokey’s Transaction Advisory Services group is made up of former Big Four CPAs and accounting professionals working across all our industry verticals. Drawing on Houlihan Lokey’s market leadership in middle-market M&A transactions, our Financial and Accounting Due Diligence team provides candid, unbiased, and rigorous support on the accounting and financial matters most impacting deal value. Our Financial and Accounting Due Diligence services assist investors in identifying and evaluating key value drivers and risk factors.
We enable our clients to:
- Gain an understanding of significant patterns and event impacts in the historical performance
- Evaluate the quality and sustainability of the reported earnings and free cash flow
- Analyze the quality and potential realizability of the balance sheet
- Understand historical working capital trends and provide insights to develop an appropriate peg
- Identify and evaluate the potential impact of key assumptions and sensitivities on the achievability of management’s financial and operating forecasts
- Address key accounting and financial reporting risks to purchase agreement negotiations
Scope of Internship
As a Summer Financial Analyst from June – August 2024, you will be teamed with a highly experienced and dedicated group of M&A Transaction Advisory professionals, which will provide you broad exposure to M&A transaction issues. You will have a unique opportunity to work on live transactions across a variety of industries on an investment banking platform, providing exposure to the broader corporate finance and capital markets industries. You will develop and extend your financial and interpersonal skills as you perform M&A financial and accounting due diligence related to the purchase and sale of private and public companies. The environment at Houlihan Lokey is collegial and entrepreneurial and rewards Interns with substantial responsibility and interaction with senior-level professionals.
Responsibilities – Financial And Accounting Due Diligence
- Participate in buy-side and sell-side M&A due diligence engagements
- Analyze company financial information and other data to identify items such as historical and projected financial and operating trends and potential liabilities and risk which impact valuation and negotiation of the target company
- Build industry skills and qualifications
- Support group strategy, marketing, and client development efforts
Houlihan Lokey Overview
Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, 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. Houlihan Lokey is the No. 1 M&A advisor for the past six consecutive years in the U.S., the No. 1 global restructuring advisor for the past seven consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of transactions and according to data provided by Refinitiv.
Financial & Valuation And Advisory Overview
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 2021, Refinitiv ranked us the No. 1 U.S. 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 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.
Salary Range
Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is:
$70,000.00-$115,000.00
Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience, as well as the service line and location where this position may be filled.
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. 
