Job Detail

Acquisitions Accountant

  • Job DurationMore than 06 months
  • Project LevelMedium Level

Project detail

Acquisitions Accountant

Location: EC3R 7NE, City of London (Hybrid)

Package: Negotiable plus benefits

Job Purpose

Managing Accounting, Budgeting and Forecasting for acquired European business

Responsibilities

Finance integration for acquired business’
Convert Investment Hypothesis to budget
Produce opening balance sheet
Integrate into BAU operations

Principal Accountabilities

Strategic

Work with acquisition team to bring acquisitions into finance operation
Account correctly for acquisitions under US and UK GAAP
Part of European Finance team – work with team to drive effective integration
Define best practice and drive change into organisation
Support growth strategy – UK and Pan Europe ME
Support integration of acquired businesses
Support implementation of core operating/business systems to support scalable growth

Key Tasks

Deliver Opening balance sheet in line with US and UK GAAP and Brown & Brown accounting policies
Deliver with acquisition team the budget for all European acquisitions in accordance with Company requirements and timetable. Develop budget and drive adoption of company standards.
Develop company system, process and tools to work to support the business and drive continuous improvement
Run accounting operation with acquired company pre integration to BAU team including SOX submissions
Support Retail, Wholesale and Programs finance team to integrate finance operations in to BAU teams
Improve team quality in budgeting and forecasting tasks.
Work with BI team to integrate acquired companies to the data warehouse
Drive central allocations

People

Leadership, communication and influencing skills required to drive adoption of business process and improve quality of budgeting and forecasting
Ensure all activities are aligned and promoted in line with the company culture
Ensure teammates are appropriately trained to adopt new tools and processes
Ensure clarity of responsibility in process

Competencies

Communication, influencing, and negotiation skills
Analysis, judgement, and decision making
Demonstrated financial acumen and commercial mind-set
Planning, organisation, and leadership
Direction, tone and leadership; team working; people development, coaching and management, motivation and objective setting
Challenges the status quo; open to new ideas
Knowledge and understanding of the financial services sector and insurance broking in particular

Job Knowledge, Skills & Experience

Education

University Degree level or equivalent
Accounting qualification to ACA, ACCA, CIMA fully qualified

Specific experience

Experience within an international insurance services sector at manager level.
Track record of integrating acquisitions.
Track record of dealing with the management of processes in large organisations.

Freelancer type required for this project