Business Services Group based on the outskirts of Portsmouth, Hampshire, has a requirement for a Group Accountant to undertake a newly created opportunity with the remit of ensuring the accuracy and integrity of the financial reporting for the Group with specific responsibility for acquisition and integration accounting and control of newly acquired companies into the Group.
What will the role involve?
Reporting to the Global Accounting and Reporting Manager, specific responsibilities will include:
Liaise with target acquisition's Finance Team and the internal Corporate Development Team to ensure all preparatory and financial due diligence requirements are met, including the completion of pre-acquisition templates; Produce accounting papers, in accordance with IFRS 3 and other relevant accounting standards, capturing all relevant aspects of the Acquisition for review by management; Work with the target's Management/Finance Team and the local financial reporting team to finalise and agree an accurate and appropriate opening balance sheet position; Preparation of any required consolidated reporting on acquisitions; Act as the main point of contact for any required Valuations work, which is performed by a third party, in accordance with IFRS 3; Work closely with the Group's External Auditors in their audit of new Acquisitions, acting as the main point of contact for external audit on all Acquisition related items; Ensure wider accounting policies are kept up to date and support the Global Accounting & Reporting Manager with day-to-day financial reporting activity in addition to any project work; Assist in the preparation of year end statutory accounts and the year end audit process; Assist with improvements to the financial reporting processes, identifying any weaknesses in control processes, suggesting improvements and formalizing the changes across the business.
Applicants for the position will hold a full accountancy qualification with strong technical and up to date knowledge of all aspects of IFRS and particularly IFRS 3, IFRS9IFRS 15 and IFRS 16; Previous experience of acquisition accounting will be essential as will the ability to identify possible improvements to internal controls and processes and drive through effective change.
The role will be offered on a hybrid working basis with the successful applicant expected to attend the office 2 days a week.
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