Finance intergration manager

  • Cv Library
  • Ipswich
  •  
  • posted 22 days ago
  • CV-Library.co.uk

Job description:

Job Reference: /CF/19-04/1149/16 Job Title: Finance Intergration Manager Location: Ipswich Salary: Competitive Hours per week: Monday to Friday - 09:00 - 17:00 - 37.5 hours per week Introduction and overall purpose of the role As a Finance Integration Manager, you will play a critical role in ensuring the seamless integration of external acquisitions and internal reorganizations from a finance perspective becoming the ldquo;hive up rdquo; expert. Your responsibilities will span various areas, and you rsquo;ll collaborate closely with cross-functional teams to drive successful financial integration efforts. You will report to the Head of Finance ndash; Corporate, however will work closely with the integration leads of each of the business departments, you will need to work independently and proactively. You rsquo;ll need to make informed decisions, prioritize tasks, and manage your workload effectively. Benefits Informal hybrid / flexible working arrangements 25 days holiday + bank holidays Free fruit in our offices Employee Referral Scheme (if you refer a successful candidate to one of our vacancies) Wide range of retail discounts Regular social and charity events held in our offices Get involved in charity events in the local community Wellbeing Discounted gym membership Eye test GBP25 voucher and up to GBP100 towards glasses Join our Cycle to Work scheme via salary sacrifice Access to ldquo;CHROMA rdquo;, our internal colleague-led diversity and inclusion community ndash; join a committee or take part in our D I initiatives and events Access to internal Mental Health First Aiders Career development and recognition Immediate access to ldquo;Opportunity rdquo; our internal Learning and Development platform Required professional membership fees paid for Opportunity to win monthly Superstar Awards Long service awards Key Responsibilities: Lead integration work streams for existing businesses and acquisitions. This involves coordinating financial activities, aligning processes, and ensuring smooth transitions. Collaborate with other functional teams (such as legal, operations, and IT) to harmonize financial processes during integration. Act as the finance representative on integration projects. You rsquo;ll be the point person for financial matters, providing insights, analysis, and recommendations. Taking ownership of financial integration initiatives and drive them forward. Ensure financial compliance and adherence to accounting standards throughout the integration process. Produce detailed hive-up workings. This will include any additional steps required as part of the re-organisational steps plan. Collaborate with legal and tax teams to ensure accuracy of hive-up calculations. Work on mapping the chart of accounts for the newly integrated entities to our group rsquo;s consolidated Trial Balance (TB). Ensure consistency, accuracy, and alignment with reporting requirements. Map Customer, supplier, purchase orders and other sub ledgers from existing finance systems into the Group target finance system, Microsoft Dynamics. Cleanse purchase order data, ensuring only genuine open items are transitioned into the target entity. Ensure the required customer level data is captured to ensure a smooth transition of the billing process, capture requirements around annual price increases and communicate these requirements effectively. Coordinate treasury activities related to integration. This includes bank mandates and signatories, access to bank portals, cash reporting and forecasting. Ensure smooth transitions for banking operations. Partner with existing finance and operational teams to integrate additional businesses into underlying processes efficiently. Identify opportunities for process improvement and standardization. Create a comprehensive integration steps plan for use on a variety of acquisitions and internal integration work streams. Be an outgoing and extroverted team member. Effective communication is crucial for successful integration. Lead the opening balance sheet exercise for acquisition with support from the Head of Finance. This involves capturing the financial position of the newly integrated entities at the beginning of the integration process and processing any opening balance sheet adjustments. Where necessary completion accounts will also have to be prepared. Oversee data cleansing efforts during integration. Ensure data accuracy, consistency, and completeness, facilitating the transition of financial data from legacy systems to the unified platform. Ensure VAT returns of the entities are completed during the integration process, partnering with the tax manager to ensure final returns are completed. About You: Applicants must have the right to work in the UK Educational Level Graduate Professional Qualifications required for the job-(particularly for compliance purposes or technical requirements of the role) Qualified accountant ACA/ACCA/CIMA minimum Experience previous experience desirable/essential for technical competence of the role Experience of in finance, mergers and acquisitions, or integration projects. Experience with implementing processes and controls Proven track record of reviewing financial accounts, postings and reports. Knowledge of ERP software. Good knowledge of fundamental accounting principles, IFRS Audit background preferred but not essential Excellent interpersonal skills and the ability to collaborate effectively across teams. Strong analytical skills, attention to detail, and problem-solving abilities. Other Details Driver Licence required How to apply If you are interested to join a business that encourages professional development, career progression and the chance to work with inspirational people then please click apply! Alternatively, if you know someone whom you feel would be a good fit for this vacancy, click the link below to refer them and you could win up to GBP500! (T Cs apply) https://(url removed)/b/form/f3343c912a8643b69cfdc89dc2bbba8f
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