Acquisitions Accountant

London - UK

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Over the past few years Acrisure has expanded in the UK and Internationally with a small dedicated professional team based out of London. The international expansion has been both organic and through M&A and there is a significant pipeline of acquisitions expected to close in the foreseeable future. The International finance team has now reached a point where an additional proactive professional Accountant is required to support the growing portfolio of businesses.

The role would require candidates to supporting the team in purchase accounting on-boarding and integration of newly acquired entities into an end-to-end high quality financial function and support regular month-end reporting for existing entities. This role would have high visibility with both the Acrisure International management team and in the US.

Responsibilities:

Onboard and integrate newly acquired or established agency partners build relationships with local accounting team and research applicable statutory adjustments.
Support with preparation of purchase accounting entries in line with UK Local GAAP or IFRS accounting standards and act as a liaison between the local accounting team and the US International acquisition team to ensure transactions are properly converted to U.S. GAAP in consolidation.
Work closely with local accounting teams to ensure accurate and timely delivery of first month reporting for new acquisitions including review of initial opening balance sheet OBS 1st month Trial Balance TB and ensure reporting formats are consistent with corporate requirements.
Support pre-onboarding process for new acquisitions such as Business Unit set-up chart of account mapping planning meetings and communication of key deliverables and timelines.
Assist with the preparation of completion accounts final opening balance sheet OBS checklists and earnouts reviews coordinate with local teams and agency partners to obtain Balance Sheet reconciliations and supporting documentation by agreed timelines.
Maintain the international acquisition tracker ensuring it reflects the progress of upcoming reporting deliverables e.g. OBS for both new and existing acquisitions and provide weekly updates in team meetings.
Work closely with M&A and other cross-functional teams (Tax FP&A) to receive timely updates on acquisition pipeline and collaborate effectively to enable smooth onboarding and integration of acquired entities.
Provide post-acquisition support to agency partners and local accounting team verifying balance sheet reconciliations are completed timely and accurately.
Identify process improvement and automation opportunities including review of the opening balance sheet OBS process and contribute to team effort by leading and participating in ad hoc projects as needed.
Ensure appropriate documentation and compliance with best in class (SOX) internal controls and adhere to all systems procedures and insurance company regulations.
Uphold confidentiality and safeguard sensitive financial information in all operational activities

Requirements:

Bachelors degree in accounting or finance is required.
Qualified accountant (ACA/ACCA or equivalent)
Understanding of US GAAP UK GAAP and IFRS accounting principles and the ability to understand differences to any local foreign GAAP accounting principles
Advanced Excel skills (macros) and proficiency in other Microsoft Office applications (Word PowerPoint Outlook)
Extract validate and interpret large datasets to support accurate and actionable reporting
Experience with Workday is preferred.
Experience with SOX Risk and Controls is desirable
Must be highly organized detail oriented and have strong analytical skills.
Able to work independently and enjoy a high degree of interaction with team members
Ability to contribute to a collaborative global environment by consistently demonstrating teamwork high motivation positive behaviour and effort to achieve goals and objectives
Maintain a sense of urgency and ability to work with and meet deadlines
Demonstrate effective written and verbal communication including the ability actively listen and problem solve with minimal assistance
The ability to multitask prioritize work independently and use discretion surrounding sensitive information
Take initiative to standardise and improve processes.
Ability to maintain a professional demeanour and positive attitude

Responsibilities:

Onboard and integrate newly acquired or established agency partners build relationships with local accounting team and research applicable statutory adjustments.
Support with preparation of purchase accounting entries in line with UK Local GAAP or IFRS accounting standards and act as a liaison between the local accounting team and the US International acquisition team to ensure transactions are properly converted to U.S. GAAP in consolidation.
Work closely with local accounting teams to ensure accurate and timely delivery of first month reporting for new acquisitions including review of initial opening balance sheet OBS 1st month Trial Balance TB and ensure reporting formats are consistent with corporate requirements.
Support pre-onboarding process for new acquisitions such as Business Unit set-up chart of account mapping planning meetings and communication of key deliverables and timelines.
Assist with the preparation of completion accounts final opening balance sheet OBS checklists and earnouts reviews coordinate with local teams and agency partners to obtain Balance Sheet reconciliations and supporting documentation by agreed timelines.
Maintain the international acquisition tracker ensuring it reflects the progress of upcoming reporting deliverables e.g. OBS for both new and existing acquisitions and provide weekly updates in team meetings.
Work closely with M&A and other cross-functional teams (Tax FP&A) to receive timely updates on acquisition pipeline and collaborate effectively to enable smooth onboarding and integration of acquired entities.
Provide post-acquisition support to agency partners and local accounting team verifying balance sheet reconciliations are completed timely and accurately.
Identify process improvement and automation opportunities including review of the opening balance sheet OBS process and contribute to team effort by leading and participating in ad hoc projects as needed.
Ensure appropriate documentation and compliance with best in class (SOX) internal controls and adhere to all systems procedures and insurance company regulations.
Uphold confidentiality and safeguard sensitive financial information in all operational activities

Requirements:

Bachelors degree in accounting or finance is required.
Qualified accountant (ACA/ACCA or equivalent)
Understanding of US GAAP UK GAAP and IFRS accounting principles and the ability to understand differences to any local foreign GAAP accounting principles
Advanced Excel skills (macros) and proficiency in other Microsoft Office applications (Word PowerPoint Outlook)
Extract validate and interpret large datasets to support accurate and actionable reporting
Experience with Workday is preferred.
Experience with SOX Risk and Controls is desirable
Must be highly organized detail oriented and have strong analytical skills.
Able to work independently and enjoy a high degree of interaction with team members
Ability to contribute to a collaborative global environment by consistently demonstrating teamwork high motivation positive behaviour and effort to achieve goals and objectives
Maintain a sense of urgency and ability to work with and meet deadlines
Demonstrate effective written and verbal communication including the ability actively listen and problem solve with minimal assistance
The ability to multitask prioritize work independently and use discretion surrounding sensitive information
Take initiative to standardise and improve processes.
Ability to maintain a professional demeanour and positive attitude