Senior Accountant – Mergers and Acquisitions
June 5, 2013 by Comma Recruitment
Filed under Jobs
Senior Accountant – Mergers and Acquisitions
Comma Recruitment are looking for an experienced Senior Accountant with extensive insurance industry experience with experience in Mergers and Acquisitions. The key thrust of this role is to provide a wide range of creative, practical and specific financial solutions to the companies Insurance brokers in accordance with the policies and transactional structures put in place by Broker Financial Solutions. Take charge of the analysis, proposal, negotiation and deliverable of the pertinent financial solutions by keeping with and conciliating with the company’s strategic objectives and those of its partners. Develop strong relationships with the regional Senior Vice Presidents, regional Vice Presidents, regional Branch Managers and regional and operational teams. Develop strong relationships with the brokers who are partners with the company’s with whom relations are established or to be established with Broker Financial Solutions.
The incumbent will report to the Vice President, Broker Financial Solutions.
Responsibilities:
1. Leader, coordinator and expert in the execution and the carrying out of Broker Financial Solutions financial transactions including the valuation of portfolios and brokerage firms, the negotiation of financial agreements as well as the pertinent legal documentation in collaboration with the appropriate regional business units as well as the various internal/external partners. Responsible for the planning and execution of the various transactions (including the strategy, financial structure, due diligence and integration initiatives). 2. Take complete responsibility of mergers and acquisitions (M&A) or investments processes of Broker Financial Solutions with Intact partners. Analyze, recommend and execute investment decisions related to loans and strategic distribution investments. Develop tailored financial agreements that meet the needs of all parties involved. Identify and analyse financial, business and tax risks and other issues identified. 3. Support acquisition initiatives by determining and providing required financial analysis, preliminary transaction and approval memos in order to get the necessary approvals. 4. Strong knowledge and comprehension of the P&C insurance products distribution in its region. Actively participates to grow the Intact portfolios executing Broker Financial Solutions transactions. 5. Support brokers, when needed, in determining their strategic, operational and financial objectives – focusing on support for growth and profitability targets. 6. Monitor loans and financial obligations of the brokers under the incumbent’s responsibility. Identify, recommend and implement necessary solutions to maintain profitability of the existing investments. Sits when needed, on the board of directors meetings of brokerages in which we are invested.
Desired Skills & Experience
Professional designation: CPA (CA, CMA, CGA), CFA or MBA combined with an undergraduate degree Years of experience: A minimum of 10 years of relevant experience combined with previous success in delivering exceptional business results via M&A/financing experience (integration experience would be an asset) Specific Experience/Requirements and Working Conditions:
• M&A, financing, business evaluation, business operation knowledge • Sound business acumen and outstanding financial analysis skills combined with general knowledge in taxation and accounting concepts and principles • A solid track record in negotiations • Solid financial modeling skills (preferably in Microsoft Excel) • A proven ability to develop strong relationships (internally and externally) through sound communication skills (written and verbal) • A demonstrated passion for investment excellence (i.e. applying methods, math, and statistics to business problems and designing models that support investment activities, risk management, valuation, and credit) and a belief in the value of longer term investment decisions. • Autonomy, open to new ideas, motivated • Capable of working simultaneously on difference files, confidence, tenacious and positive-thinking • Strong capability of adaptation and to learn quickly • The opportunity to work with a high profile team; • Creativity, emphasis on win/win solutions • Client and results oriented, strong code of ethics, bilingualism an asset.
Please forward a resume to [email protected]
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