At a Glance
- Tasks: Drive financial success by managing acquisitions and ensuring accurate accounting.
- Company: Join Openwork Group, a leader in adviser lifecycle support.
- Benefits: Enjoy a competitive salary, bonus scheme, and generous holiday allowance.
- Other info: Flexible benefits and a supportive culture that values diversity.
- Why this job: Make a real impact on growth and value creation in a dynamic environment.
- Qualifications: ACA/ACCA/CIMA qualified with M&A or audit experience.
The predicted salary is between 55000 - 65000 £ per year.
The opportunity to make a real impact on growth and value creation. As Acquisitions Accountant, you'll play a key role in delivering Openwork Group's strategy to provide adviser lifecycle support across our network. You'll support acquisitions and disposals end-to-end, leading on financial due diligence and integration, supporting sell-side activity, and ensuring accurate IFRS accounting throughout each transaction. Your work will help multiple teams make confident decisions and will directly support value creation across the Group. This role is based in our Swindon office with 3 days required on site.
The benefits:
- Salary - £55,000 - £65,000
- Bonus scheme - on target bonus - 10%
- Pension scheme - contribute up to 5% of your salary and Openwork will match it, plus put in an extra 5%
- Critical illness cover
- Income protection - 1x salary
- Death in service - 4x salary
- 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
- A range of other flexible benefits to include private medical insurance, dental insurance and much more.
Key accountabilities:
In this role, you'll take ownership across three core areas: due diligence, transaction accounting, and finance integration.
- Support buy-side financial due diligence, including quality of earnings, working capital and net debt analysis; identify key accounting, tax, balance sheet and control risks
- Review target accounting policies and assess alignment to IFRS and Group accounting policies
- Provide accounting input into SPA terms, including completion accounts and earn-outs; support deal funds flow preparation and execution
- Prepare acquisition accounting under IFRS, including goodwill and purchase price allocation (fair value of identifiable intangible assets)
- Prepare clear technical accounting papers to support acquisition/disposal accounting, valuations and key judgements
- Account for complex consideration structures, including deferred and contingent consideration
- Lead finance integration of acquired entities into Group reporting frameworks, including GAAP adjustments, opening balance sheet adjustments and consolidation journals
- Support monthly Group consolidation, audit processes, transaction-related disclosures, and sell-side due diligence/disposal accounting (including P&L impact analysis).
What will you need to succeed?
- ACA / ACCA / CIMA qualified
- Experience in M&A, audit, transaction services, or within an acquisitive group
- Strong IFRS knowledge (particularly IFRS 3 and IFRS 10) and confident producing clear technical accounting papers
- Strong stakeholder engagement and communication skills; able to build effective relationships across the business
- Good understanding of Financial Services, and the commercial motivations, risks and opportunities behind acquisitions and disposals
- Understanding of purchase price allocation (PPA) and valuations for acquired intangible assets
- Commercially minded and analytical, with strong Excel skills and the ability to plan, prioritise and adapt to changing deal deadlines
- Natural self-starter, able to take the initiative, and confidently build relationships throughout the business.
Why us? We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier.
Acquisitions Accountant in England employer: Openwork LLC
Contact Detail:
Openwork LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Acquisitions Accountant in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its recent acquisitions. Show us you’re not just another candidate; demonstrate your understanding of their strategy and how you can contribute to their growth and value creation.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with IFRS and M&A in a way that highlights your skills. We want to hear how you’ve tackled challenges in past roles and how you can bring that expertise to Openwork Group.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of our team. Let’s make this happen!
We think you need these skills to ace Acquisitions Accountant in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Acquisitions Accountant role. Highlight your experience in M&A, IFRS knowledge, and any relevant qualifications like ACA, ACCA, or CIMA. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our growth and value creation. Be sure to mention specific experiences that relate to the key accountabilities.
Showcase Your Stakeholder Skills: Since this role involves strong stakeholder engagement, make sure to include examples of how you've built effective relationships in previous roles. We love seeing candidates who can communicate well and collaborate across teams!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Openwork LLC
✨Know Your IFRS Inside Out
As an Acquisitions Accountant, you'll need to demonstrate a solid understanding of IFRS, especially IFRS 3 and IFRS 10. Brush up on these standards and be ready to discuss how they apply to acquisitions and disposals. Prepare examples from your past experience where you successfully navigated these accounting principles.
✨Showcase Your M&A Experience
Highlight your experience in mergers and acquisitions during the interview. Be prepared to discuss specific transactions you've worked on, focusing on your role in due diligence and financial integration. This will show that you understand the complexities involved and can contribute effectively to the team.
✨Engage with Stakeholders
Strong stakeholder engagement is key for this role. Think about how you've built relationships in previous positions and be ready to share those stories. Demonstrating your communication skills and ability to collaborate with various teams will set you apart from other candidates.
✨Prepare for Technical Questions
Expect technical questions related to accounting practices and financial analysis. Brush up on your Excel skills and be ready to tackle scenarios involving purchase price allocation and goodwill calculations. Practising these concepts will help you feel more confident during the interview.