Conshohocken, PA, United States
Accounting, Executive, Manager, Consulting, Finance
Oct 13, 2021
Jan 26, 2022
At Allied Universal®, we continue to build an inclusive, Be Phenomenal® culture that encourages, supports, and celebrates a diverse workplace. It fuels our innovation and connects us closer to our customers and the communities in which we serve. Allied Universal offers so much more than just a job. We offer careers. We take great pride in our promote-from-within culture. There are countless examples of individuals who began their career as Security Professionals and today hold positions on our senior leadership team. We offer medical, dental and vision coverage, life insurance, 401K, employee assistance programs, company discounts, perks and more for all full-time positions! Start your phenomenal career with Allied Universal® today!
Allied Universal is looking to hire a Director of Accounting Integration. This position is responsible for working alongside the Merger & Acquisitions team and their due diligence consultants to ensure that an accounting integration plan is developed and discussed/shared with the General Ledger group. Specifically, the Director of Accounting will work closely with the target company\u2019s Accounting organization and AU\u2019s Accounting, Shared Services and Treasury organizations to plan and integrate critical month-end close activities to ensure an accurate, smooth and orderly process. A list of Essential Job Duties and Responsibilities and as well Other Responsibilities are listed below to ensure this occurs.
ESSENTIAL JOB DUTIES AND RESPONSIBILITIES: Those duties necessary to meet the minimum requirements of the position. Other duties may be assigned:
Develop and maintain project plans specific to the various acquisition integration processes within finance as well as other corporate overhead organizations.
Create an accounting practices, policies & procedures Gap Analysis between AU and each acquired entity. Develop and maintain listing of critical outstanding issues for each acquisition and help drive items to completion within a specified, agreed-upon timeline.
Create, implement, and continuously improve best practice accounting integration plans within the GL Accounting team.
Coordinate the preparation and review of stand-alone financial information by acquired Accounting and Finance personnel as well as AU leadership.
Work cross functionally with SSO, Sourcing, IMO, Legal/Risk Management, IT, Operations and other teams as required to solve integration issues in a pre-determined, time efficient manner. Two prime examples would be to: (a) work with AU\u2019s Risk Management team to retrieve loss claim data of target company so that it can be sent over to AU\u2019s outside actuary and claims administrator (ESIS) to establish required fair value opening balance sheet liability reserves; and (b) work with AU\u2019s Legal team to assess probable and estimable acquired legal claims.
Collaborate with due diligence team including external resources to assist in transaction and develop knowledge necessary to create integration plan.
Serve as visible go-to AU representative for target company and consistently demonstrate culture and values of AU. Determine and manage the retention strategy for acquired company finance employees.
Partner with the General Ledger Accounting team to identify financial statement impact of migrating from target company accounting policy to AU accounting policy for each identified difference. Ensure that each policy difference is documented and communicated with the AU Controller and AU Chief Accounting Officer and also communicate findings with other parts of the organization, as necessary. Calculate estimated impact of each difference on:
EBITDA, AEBITDA and PFAEBITDA
Total Assets, Liabilities and Member\u2019s Equity
Total Debt and First Lien Debt Ratio
Perform a detailed review of target company closing balance sheet and evaluate if appropriate, a need for a third-party expert to assess fair value amounts to ensure accurate reporting in the opening balance sheet.
If applicable, coordinate with AU Chief Accounting Officer, AU Corporate Controller, AU Controller \u2013 Growth Platforms or CFO of AUTS on all finance/operational integration activities.
Assess target company monthly close process and evaluate as to how it aligns with AU\u2019s Monthly Close Calendar. Communicate and coordinate with AU General Ledger and Technical Accounting teams as well as the target company Accounting organization to ensure that all monthly close reporting deadlines are accurately and successfully achieved without error. Partner with AU General Ledger team on ensuring target company is able provide Flash estimates if needed.
Identify and coordinate a trial balance account mapping migration scheme to ensure target company general ledger accounts are properly mapped to existing AU general ledger accounts in a consistent manner. Modify AU trial balance list of accounts if necessary and coordinate with Hyperion and WinTeam systems team personnel.
Assist in execution of business initiatives during integration/transition period to ensure achievement of financial goals and leading indicators
Understand and document any Net Working Capital or Earn-out contractual obligations to ensure common understanding and execution of said matters. Work with target company and AU respective Accounting teams to develop timeline and plan to execute. Ensure AU M&A team is kept apprised of all developments.
Evaluate enhancing systems and processes with the introduction of new technology, including but not limited to automated reconciliation tools, robotic automation, and enhanced reporting tools.
QUALIFICATIONS: To perform this job successfully, the individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or experience required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Bachelor\u2019s Degree with an emphasis on Accounting or Finance
7 plus years of financial management experience is requried and MBA and/or CPA credentials are preferred
At least 2 years of management consulting experience at a top tier firm is preferred
Experience in operational integration of mergers & acquisitions or project management is strongly preferred
Strong knowledge of all finance business processes including Payroll, Billing and Revenue Recognition, Procure to Pay and how each cycle impacts general accounting.
Ability to successfully work at a very detailed level, as well as the ability to communicate high level with executive management. Outstanding verbal and written communication skills required.
Strong organizational skills and the demonstrated ability to manage numerous projects/deliverables simultaneously against set deadlines
Strong analytical abilities and organizational skills are essential to success in this position.
Experience with multiple ERP systems desirable.
High level of integrity and strict adherence to protecting confidential information.
Experience in designing, structuring and implementing new operational policies and processes
Prior SOX audit experience, desirable
Allied Universal® provides unparalleled service, systems and solutions to people and businesses within our local communities, and is North America\u2019s leading security services provider. Allied Universal delivers high-quality, tailored solutions, which allows clients to focus on their core business. For more information: www.AUS.com.
We proudly support the Veteran Jobs Mission, a group of over 200 companies that have committed to collectively hiring a total of one million military veterans. EOE/Minorities/Females/Vet/Disability/Sexual Orientation/Gender Identity Allied Universal Services is an Equal Opportunity Employer committed to hiring a diverse workforce.
Website : http://www.apollosecurity.com/