Job Reference: /CF/30-09/1309/11
Job Title: Finance Integration Manager
Location: New Century House, 16 The Havens
Salary: Competitive
Hours per week: Monday to Friday - 09:00 - 17:00 - 37.5 hours per week
Business Overview
OCS UK & Ireland is a leading facilities management company with a turnover of £1.7bn and 50,000+ colleagues. We deliver innovative, award-winning services including Cleaning, Catering, Security, Technical Services, Energy Management and compliance, front of house, landscaping, logistics, waste management and pest control services to the public and private sectors and our mission is to make people and places the best that they can be.
Job Overview
We are currently recruiting for a Finance Integration Manager to join our passionate and driven team based at our client's site in New Century House, 16 The Havens
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 "hive up" expert. Your responsibilities will span various areas, and you'll collaborate closely with cross-functional teams to drive successful financial integration efforts.
You will report to the Finance Director – Corporate, however will work closely with the integration leads of each of the business departments, you will need to work independently and proactively. You'll need to make informed decisions, prioritize tasks, and manage your workload effectively.
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'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'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
- Minimum 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.
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
Other Details
Driver Licence required
Flexible working Currently three days a week in the office, two days a week at home
Benefits
- Wide range of retail discounts
- Discounted gym membership
- Join our Cycle to Work scheme
- Access to "CHROMA", our internal colleague-led diversity and inclusion community – join a committee or take part in our events
- Access to internal Mental Health First Aiders
- Immediate access to "Opportunity" our internal Learning and Development platform
- Required professional membership fees paid for
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 th