At a Glance
- Tasks: Lead financial due diligence and integration for acquisitions, ensuring accurate IFRS accounting.
- Company: Join The Openwork Partnership, a dynamic and growing business with a strong culture.
- Benefits: Competitive salary, bonus scheme, pension matching, and 27 days holiday plus flexible benefits.
- Other info: Inclusive culture that values individuality and supports personal and professional development.
- Why this job: Make a real impact on growth and value creation in a fast-paced deals environment.
- Qualifications: Qualified finance professional with strong technical accounting skills and M&A 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 in our Swindon office.
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
- 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?
You'll be a qualified finance professional with strong technical accounting skills, paired with the confidence to work with senior stakeholders in a fast-paced deals environment.
- 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, be able to take the initiative, and confidently build relationships throughout the business.
Why us?
At The Openwork Partnership, we're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential. We're also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague's individual differences and identities - just like our financial advice, for us, it's personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.
Acquisitions Accountant in Swindon employer: Openwork LLC
At The Openwork Partnership, we pride ourselves on being a dynamic and inclusive employer that invests in the growth and development of our employees. As an Acquisitions Accountant based in our Swindon office, you'll enjoy a competitive salary, generous benefits including a bonus scheme and pension matching, and a supportive work culture that values individuality and work-life balance. Join us to make a meaningful impact while advancing your career in a company recognised as one of the Best 100 Large Companies to work for in 2022.
StudySmarter Expert Advice🤫
We think this is how you could land Acquisitions Accountant in Swindon
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Openwork LLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Acquisitions Accountant in Swindon
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Openwork LLC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Openwork LLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Openwork LLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Openwork LLC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Openwork LLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Openwork LLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
