Job Title: Interim Completion Accountant
Location: Guildford
Contract Type: Interim
Salary: £400-£500 Per Day
Job Overview:
Our client, a rapidly expanding fun and acquisitive business, is seeking an Interim Completion Accountant to assist with the finalisation of completion accounts following recent acquisitions.
This role is essentially working for a group business, but going into a newly acquired business to assess and understand their finance team. Almost a finance audit mindset to assess whether that has been promised is actually the reality.
Key Responsibilities:
Financial Accounting: Go into a new business and essentially do a commercial finance function audit. Look at their accounts top to bottom and assess what is there, what is true and what is missing!
Collaboration: Work closely with internal teams, external auditors to assess and extract data and information.
Preparation of Completion Accounts: Develop completion accounts to finalise the purchase price in line with the terms of the acquisition agreement.
Review and Assessment: Examine the balance sheets of the acquired company, focusing on working capital, net debt, and other key financial metrics.
Verification: Check and verify schedules and backup documentation to ensure the accuracy of financial data
Reconciliations: Ensure that cash, reconciliations, and other key balances are fully reviewed and properly accounted for.
Working Capital Analysis: Review working capital to confirm it aligns with the agreed-upon terms and assess any variances or adjustments needed.
Provision Analysis: Verify that there are no discrepancies or provisions that need to be made, ensuring all figures are accurate and in line with the final agreement..
Dispute Resolution: Support in resolving any disputes related to the completion accounts, ensuring a fair and timely resolution.
Key Requirements:
Professional Qualification: ACA/ACCA/CIMA qualified or equivalent professional accounting qualification. Ideally have worked in some audit / financial accounting capacity.
Experience: Proven experience in M&A accounting, specifically in preparing completion accounts and reviewing post-acquisition financial data. Post merger type mindset.
Technical Skills: Strong understanding of balance sheets, working capital, cash flow, and reconciliations.
Attention to Detail: Experience in reviewing schedules, backup documentation, and identifying any variances or necessary provisions.
Analytical Skills: Ability to analyse financial data in detail and ensure there are no discrepancies in the final accounts.
Communication Skills: Strong communication and interpersonal skills, with the ability to work with a variety of stakeholders, including auditors and legal teams.
This is all about getting the information and communicating that back!