Life at Deloitte

Leanco van der Westhuizen

Deloitte Capital

Area of employment:

Corporate Finance, M&A Advisory (Deloitte Capital)

Qualification:

BCom (Hons) Financial Management

Why did you choose Deloitte:

I chose Deloitte for the following reasons:

  1. The fact that it is a global business;
  2. The culture within Deloitte is fantastic;
  3. There are many internal learning opportunities;
  4. Deloitte deals with big local and global businesses as clients;
  5. The Deloitte Corporate Finance business is one of the biggest in the country with experts in the field of valuations, transaction services and M&A and Debt advisory; and
  6. There are many cross-learning opportunities between Deloitte divisions including Tax, Legal, Consulting and Audit.

Describe a typical day at work:

There is no such thing as a typical day at work for me. Corporate Finance requires you to be very flexible and adaptable to client needs. However, typical tasks in everyday may include:

  • Client meetings;
  • Conference calls;
  • Compilation of presentations for:
    • Proposals to win new work
    • Investment committees;
    • Board committees; and
    • Transaction updates.
  • Presenting the above mentioned presentations.
  • Performing indicative valuations on potential sell-side mandates or buy-side mandates including the following valuation approaches:
    • Income approach:
      • i.    Discounted Cash Flow (“DCF)
      • ii.    Dividend Growth Model
    • Market Approach:
      • i.    Trading and transaction multiples
    • Cost approach:
      • i.    Net asset value calculation
  • Managing transactions on behalf of clients to ensure a successful outcome;
  • Managing a client’s exposure to risk on proposed transactions;
  • Research on countries, companies, industries, laws etc.;
  • Attending client conferences for networking purposes;
  • Traveling to clients locally and internationally; and
  • Working with other Deloitte Offices across the globe.

 

What is your advice to a future aspiring Deloittian:

Deloitte is a wonderful place to start your working career as the exposure you receive from a company that has an established brand, client base and global network is extremely rare. In addition, you will have an opportunity to:

  • Learn from industry experts;
  • Engage with executive management from big listed and unlisted companies;
  • Engage with local and international companies;
  • Learn to uphold a standard of excellence; and
  • Experience energetic company culture.
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