Acquisition Finance Manager

Job Title: Acquisition Finance Manager

Location: Bath

Sector: Accountancy & Finance

Salary: c. £55,000 - £65,000

Ref: VLL/18172

Purpose of the Role:

Working closely with the Group Finance Director to deliver and control all of the financial and tax activities within the acquisition process. To ensure high quality groups are acquired at appropriate multiples with a full understanding of all financial and tax matters from the due diligence process whilst protecting the company from on boarding inappropriate activities / processes with all risks managed and mitigated.

Key Responsibilities Include:

Responsible for the management of the two outsourced Financial Due Diligence (FDD) providers, to ensure FDD is completed in line with processes and timescales and they are resourced to meet the needs of the business and never slow the pace of acquisitions.

Responsible for the review and recommendation to the Finance Director to approve FDD and the associated Investment proposals. Ensuring FDD and investment cases are produced to a high level of quality and that have picked up all issues highlighted from Legal Due Diligence (LDD) and Tax Due Diligence (TDD) right up to the point of completion.

Responsible for the management of the outsourced Tax Due Diligence (TDD) providers, to ensure TDD is completed in line with processes and timescales and they are resourced to meet the needs of the business and never slow the pace of acquisitions.

Responsible for the review and recommendation to the Finance Director to approve TDD. Ensuring all tax issues are fully understood, communicated to lawyers to ensure the business is protected, and communicated to the Finance Integration team to ensure inappropriate practices are immediately stopped at acquisition. Ensuring we never on board inappropriate levels of tax risk and the business is fully protected.

Working with the lawyers to identify as early as possible where acquisitions may have a consumer credit licence and require FCA change of control. Ensuring FCA change of control is approved before completion

Working with the lawyers in the early stages of due diligence to flush out complex legal structures and ensuring the legal structures we are on boarding are properly understood, are performing no illegal activities, that we are allowed to on-board under our investor agreement with our private equity house EQT, we simplifying structures to work better for post completion and identifying where instant hive ups may be required and ensuring they are executed where necessary as agreed with the Finance Director

Ensuring all acquisitions are compliant with our Investor agreement and Banking agreement and if not highlighting immediately to the Finance Director, not allowing anything to complete that is not compliant.

Skills and Experience Required (Essential):

Strong academically – educated to degree level and having completed their professional accounting qualification

Must have worked in a Top 4 company in Transaction Services have significant end to end deal experience.

Thrives in a fast-paced, constantly changing environment – flexibility is key

Hands on, no task too small, will do whatever required to facilitate a deal

Broad understanding of legal and tax matters sufficient to be able to identify issues when presented and challenge both lawyers and tax advisors in their areas of expertise.

Sufficient level of gravitas to be able to credibly challenge the Commercial Director if required.

Strong attention to detail, and able to deliver right-first-time results quickly without getting lost in the detail.

Deadline focussed, and willing to put in the effort required to ensure they always meet them

Footnote:

If your application is successful we will contact you to discuss the opportunity in more detail, within 48 hours of receiving your application.

Should you not hear from us within 3 working days please assume your application has been unsuccessful on this occasion. Please be advised that if unsuccessful for this role we may keep your details in our hold file for 6 months, during which time you may be contacted for other suitable vacancies.