Role: M&A Analyst
Location: We operate a hybrid schedule, meaning 2-3 days a week in the office based at Thorpe Park, Leeds.
Salary: £55,000 to £65,000 DOE, plus extensive benefits
Contract type: Permanent
Employment type: Full time
Working hours: We work on a core hours principle. Our core hours are 09:30 - 16:00; you can work around these to suit you!
Do you want to work for the nation’s largest online pharmacy ensuring excellence for all our patients? We’re a market leader in the pharmacy world, with 25 years’ experience, helping over 1.6 million patients in England manage their NHS prescriptions from requests through to delivery. We are Great Place to Work certified as we consider colleague experience a top priority every day, and as a certified B Corp we also meet high standards of social and environmental responsibility. Our people are fundamental to our success and ensuring we achieve our vision to be a world leading, patient-centric digital healthcare provider. We are committed to continuing to develop a positive, open and honest working environment for all.
Pharmacy2U has a strong track record of organic growth (c.30% pa) and has accelerated growth by completing 5 acquisitions in the past 2 years.
As the M&A Analyst, you will play a crucial role in delivery of the M&A strategy. There is a large and growing pipeline of M&A targets, and this is now a core part of the group strategy.
Working closely with the FD, CFO, Chief Strategy Officer and M&A Director, this position will be pivotal across the entire acquisition life cycle. The role will involve the development of the initial business case and proposals, identification of synergies right through to financial due diligence and integration planning. The role will require close collaboration with the Senior Leadership team and external advisers.
The ideal candidate will have experience in a similar role, or with a transaction services team within an accountancy firm. The role will require a strategic mindset, with the ability to provide insights that drive the company’s financial performance and growth.
What’s in it for you?
Occupational sick pay
Enhanced maternity and paternity pay
Contributory pension
Discounted insurance (Aviva)
Employee discount site
Discounted gyms (via our blue light card and benefits schemes)
Employee assistance programme
In-house mental health support
Health and wellbeing initiatives
Social events throughout the year
Cycle to work scheme
Green car scheme*(subject to minimum earnings)
Registration fees paid (GPhC, NMC, CIPD etc)
Long service bonus
Refer a friend bonus
Blue light card
Hybrid working
Commitment to CPD/training
25 days annual leave increasing with service
Annual leave buy and sell scheme
Discounts & Exclusive offers at The Springs, Leeds
25% Discount & health & beauty purchases
25% Discount on Pharmacy2U Private Online Doctor Services
What you’ll be doing?
* Work across the entire transaction lifecycle, from initial assessment through execution to post-merger integration, collaborating with internal teams, finance leadership (CFO, FD) and external advisors.
* Working on prospective M&A targets - forecasting and building business cases
* Working with M&A Director and FD to build valuation models
* Performing financial due diligence
o Review and assessment historical actual performance, trend analysis, KPIs and the overall health of the target company
o Quality of Earnings analysis
o Reviewing inconsistencies, challenging data, and providing financial expertise
o Challenge and assess forecast assumptions vs historical trading performance and KPIs
o Review of balance sheet trends, cash and working capital
o Analysis of net cash/debt and identification of debt like items within the balance sheet
o Normalised EBITDA and working capital analysis
o Review of completion
* Conducting market and sector research, and competitor analysis.
* Identifying and quantifying synergies and upside opportunities for both the target and the P2U Group
* Preparation of FDD reports to highlight potential risks and opportunities for consideration by the ELT/Board.
* Integration planning with the wider business and across all areas of the finance team
* Post-acquisition reporting and tracking delivery of benefits and synergies
* Fulfilment of any post-acquisition deliverables such as completion accounts
* Working with external teams such as tax and legal advisers
Who are we looking for?
* Experience of M&A either in industry or within a transaction services advisory team
* Experience of working in a dynamic environment, delivering against tight deadlines
* Qualified ACA/ACCA, with experience from a commercial and technical accounting background
* Advanced excel skills
* Excellent report writing skills
* Experience in consolidation and acquisition accounting
What happens next?
Please click apply and if we think you are a good match, we will be in touch to arrange an interview.
Applicants must prove they have the right to live in the UK.
All successful applicants will be required to undergo a DBS check.
Unsolicited agency applications will be treated as a gift.