Are you a dynamic and detail-oriented Accountant looking to take your career to the next level? We are partnering with a leading, highly acquisitive private equity-backed training company based in London to find a talented Group Accountant to join their expanding finance team.
About the Company
This rapidly growing training company is at the forefront of the sector, driven by a commitment to excellence and innovation. Backed by a prestigious private equity firm, they are on an ambitious growth trajectory, with a focus on strategic acquisitions and organic expansion. This is a unique opportunity to be part of an organisation that is shaping the future of learning and development.
The key objectives will be:
- Preparing Monthly Consolidations for both management and bank reporting. Consolidations occur at a number of levels through the group.
- Assisting the Group CFO on M&A activities and accounting for acquisitions as they occur
- In respect to the Group borrowings, preparing quarterly covenant testing together with Compliance Certificates on an accurate and timely basis, and together with the Group CFO, manage all aspects of the relationship with funders
- Preparation of ad hoc reports for the Group's private equity investors
- Managing all aspects of the accounting for the 3 holding companies, including VAT, cashflow forecasting and other administration
- Managing the audit process for the holding companies, including the Group consolidation and working with the Group's auditors in production of annual consolidated statutory accounts, as well as assisting in the preparation of Statutory accounts for all subsidiaries.
- Ensuring funding requirements for M&A are taken into account
- Assisting the Group CFO with ongoing tax projects
- Acting as a source of technical knowledge for a small finance department
Duties and responsibilities to include:
- Financial Reporting:
- Primary technical accounting resource for the Group
- Responsible for technical accounting aspects of Group Statutory and management reporting with particular focus on acquisition accounting
- Responsibility for technical aspects of annual audit as well as production of statutory accounts
- Prepare monthly consolidations and reporting at several levels within the Group
- Monthly intercorecs / Recharges of Group costs / Group year-end audit/stats work
- Monthly reporting incl bank interest accrual, loan note interest accrual, goodwill amortisation journals, bank fees amortisation journals, recharges of Group costs
- Quarterly confirmations of acquisition balances with Apiary
- Support the Group CFO and Group Board on potential M&A opportunities as required, including due diligence and integration planning.
- Fair value exercises on all acquisitions
- Stakeholder Management:
- Provide regular updates, forecasts, and performance analyses to ensure alignment with investor expectations.
- Bank reporting
- Monthly completion bank reporting
- Quarterly bank covenant reporting
- Updating bank funding model
- Acquisition journals
- Assist the Group CFO with various tax planning projects
- Manage the relationship with the Group's tax advisors
Qualifications and skills:
- Qualified accountant (ACA, ACCA) with relevant post-qualification experience
- Strong Technical Accounting background especially with respect to consolidations
- Effective communication and interpersonal skills
- Strong organisational, problem solving, and time management skills
- A real interest to grow as part of a fast growing and ambitious organisation
- Keen to be an active team member for a department that works on a hybrid basis with most days working from home, but with the commitment to attend a centre at least one day every two weeks, and the London office at least once every six weeks.