Group Accountant

Group Accountant

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our M&A team to handle financial due diligence and internal audits.
  • Company: Be part of a dynamic finance team focused on acquisitions and growth.
  • Benefits: Enjoy flexible work options and opportunities for professional development.
  • Why this job: Gain hands-on experience in accounting standards and M&A processes while making impactful contributions.
  • Qualifications: Ideal for candidates with a background in finance or accounting, eager to learn.
  • Other info: Collaborate with top professionals and enhance your skills in a supportive environment.

The predicted salary is between 36000 - 60000 £ per year.

Job Responsibilities

  1. Support M&A team with financial due diligence pre-acquisition.
  2. Carry out internal audit procedures and liaise with Sellers to provide sign off on completion accounts (FRS102) and apportionment statements prepared by Seller. Disputes to be promptly and sensitively resolved with support from the M&A team as needed.
  3. Complete IFRS adoption process with acquirees – identify and calculate adjustments, reconcile pre-acquisition reserves, oversee transitional adjustments in financial statements.
  4. Frequent analysis of accounting standards and application in an acquiree e.g. IFRS15 revenue on contracts, IFRS16 leases, IFRS9 ECL, Holiday pay.
  5. Analysis of key components of SPA and APA, scheduling key events and monitoring timelines and delivery against contractual deadlines.
  6. Prepare acquisition accounting entries for Acquirer to include valuation of consideration, recognition of deferred payments or changes to investment cost and intangibles.
  7. Monthly, prepare journals for goodwill, investments, deferred consideration, long term loans and intangibles on acquirer(s) and group balance sheet.
  8. Review and support for preparation of budgets by M&A targets.
  9. Support on identification and assessment of synergies in new M&A targets.
  10. Key finance contact for Sellers in the post-acquisition phase to cover introductions, financial accounting and tax compliance.
  11. Key contact with external advisors on Purchase price accounting – preparation and/or review of deliverables and sign off on outputs.
  12. Track progress through M&A workflow to ensure timely progress.
  13. Preparation of financial statements for M&A targets in first year post acquisition in CCH – to include first time adoption of IFRS (IFRS1).
  14. Support preparation of first tax computation as part of large group – to include gathering data, review, liaison with internal tax teams on tax impacts of IFRS adoption.
  15. Support with group tax objectives e.g. balance sheet reconciliations, allocation of group relief, group-wide review and analysis, updating reports.
  16. Report writing to facilitate knowledge sharing across the wider finance team and M&A.
  17. Develop internal policies for acquisition accounting and other finance procedures.
  18. Regular point of contact for Hub FC, FP&A team, group finance and M&A teams.
  19. Lead or support on other business combinations e.g. hive up, liquidations and other group restructuring projects.
  20. Other financial control projects as defined by group finance management team.
  21. Peer review of work completed.

For application and accessibility support, please contact your local Marks Sattin office. We’re committed to protecting the privacy of all our candidates and clients; please visit for our privacy policy.

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Group Accountant employer: Marks Sattin (UK) Ltd

At Marks Sattin, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our Group Accountant role provides unique opportunities for professional growth, with access to comprehensive training and mentorship programs, all while working in a vibrant location that encourages a healthy work-life balance. Join us to be part of a supportive team that values your contributions and is committed to your success in the fast-paced world of M&A.
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Contact Detail:

Marks Sattin (UK) Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Accountant

✨Tip Number 1

Familiarize yourself with the latest IFRS standards, especially IFRS15, IFRS16, and IFRS9. Being well-versed in these standards will not only help you during the interview but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the M&A space. Attend industry events or webinars where you can meet people who work in similar roles. This can provide you with insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Prepare to discuss specific examples of how you've handled financial due diligence or internal audits in the past. Highlighting your experience in resolving disputes and working with sellers will show that you have the practical skills needed for this role.

✨Tip Number 4

Stay informed about recent M&A trends and case studies. Being able to discuss current events in the M&A landscape during your interview will showcase your enthusiasm for the role and your understanding of the challenges faced in acquisition accounting.

We think you need these skills to ace Group Accountant

Financial Due Diligence
Internal Audit Procedures
FRS102 Knowledge
IFRS Adoption Process
Accounting Standards Analysis
SPA and APA Analysis
Acquisition Accounting Entries Preparation
Goodwill and Intangibles Accounting
Budget Preparation Support
Synergy Identification and Assessment
Post-Acquisition Financial Accounting
Purchase Price Accounting
M&A Workflow Tracking
Financial Statement Preparation
Tax Computation Support
Group Tax Objectives Understanding
Report Writing
Policy Development for Acquisition Accounting
Business Combinations Support
Peer Review Skills

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Group Accountant position. Understand the key responsibilities and required skills, especially around financial due diligence, IFRS adoption, and M&A processes.

Tailor Your CV: Customize your CV to highlight relevant experience in accounting standards, M&A transactions, and financial reporting. Use specific examples that demonstrate your expertise in areas like IFRS15, IFRS16, and financial analysis.

Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the job requirements. Emphasize your experience with financial audits, dispute resolution, and collaboration with M&A teams, showcasing how you can add value to their organization.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no grammatical errors or typos, as attention to detail is crucial in accounting roles. A polished application reflects your professionalism.

How to prepare for a job interview at Marks Sattin (UK) Ltd

✨Understand M&A Processes

Make sure you have a solid grasp of the M&A process, especially financial due diligence. Be prepared to discuss how you've supported similar teams in the past and any specific experiences you have with acquisition accounting.

✨Familiarize Yourself with IFRS Standards

Since the role involves IFRS adoption, brush up on the relevant standards like IFRS15, IFRS16, and IFRS9. Be ready to explain how you've applied these standards in previous roles or projects.

✨Showcase Your Analytical Skills

The job requires frequent analysis of accounting standards and financial statements. Prepare examples of how you've successfully analyzed complex financial data and resolved discrepancies in the past.

✨Communication is Key

As a key finance contact for Sellers and external advisors, strong communication skills are essential. Think of instances where you've effectively communicated complex financial information to non-financial stakeholders.

Group Accountant
Marks Sattin (UK) Ltd
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