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Entity Rationalisation Accountant (Financial Accountant)

  • Location: City of London
  • Salary: £60000.00 - £70000.00 per annum + 15% bonus + 10% pension + benefits per year
  • Job Type:Permanent

Posted about 1 month ago

  • Sector: Accountancy & Finance
  • Contact: Andy Myerson
  • Contact Email:
  • Start Date: ASAP
  • Expiry Date: 22 March 2023
  • Job Ref: JO0000012338_1676903620

An Entity Rationalisation Accountant is sought by a leading City-based company who have grown particularly quickly in the past 6 years via an unprecedented number of acquisitions (more than 10 in each of the past 3 years). They are a real success story and have the funds to make further large scale acquisitions over the coming year.

There is therefore a need to eliminate companies that are longer needed (c. 60 companies over the next 2 years) and restructure the remaining companies to facilitate consolidation - whilst over 100 companies have been eliminated in the past three years, a similar number have been acquired and others are soon likely to follow.

The Entity Rationalisation Accountant will work closely with the finance, tax, legal & company secretarial teams and perform the following tasks:

  • Act as a Financial Accountant to review the Balance Sheets of companies that are no longer needed.
  • Prepare and / or review due diligence to facilitate entity dissolution plans.
  • Work with other stakeholders to resolve all pre-dissolution actions in a timely manner.
  • Review legal documents required to complete pre-dissolution actions - share issuances; capital reductions; loan repayments; declaration of dividends; business transfers; share transfers; strike-offs; liquidations etc..
  • Assist with the company's FY22 / 23 internal restructure as required
  • Assist with ad hoc requests including managing and developing the project plan beyond this time.

The ideal candidate for the role of Entity Rationalisation Accountant will:

  • Be a qualified accountant - preferably ACA or practice trained - with strong balance sheet & reconciliation skills.
  • Work with a high attention to detail and possess the ability to adapt to changing circumstances.
  • Be organised, tenacious and enjoy working closely with (non)finance stakeholders at all levels.
  • Ideally have prior exposure to due diligence, restructuring and / or rationalising corporate structures.
  • Understand that this role offers real visibility at CFO level and is an excellent entry point to the organisation.

Salary: £60000 - £70000 + 15% bonus + 10% pension + excellent benefits.