Financial Accountant

Manpower, Inc.; Basingstoke; On-site; GBP 36,000 - 54,000; Full time

Job summary

Manpower, Inc. is seeking a Financial Accountant to support a major divestiture and separation programme in Basingstoke. The team will establish new entities, set up intercompany structures and financial controls while maintaining day-to-day accounting.

The role involves flexible project work across holding company accounting, entity setup, consolidation, and Group reporting, with a focus on accuracy and proactive issue resolution during the transition.

Qualifications

• Experience in holding company and BidCo accounting.
• Entity set-up and finance process implementation.
• General ledger management and reconciliations.
• Consolidations and Group reporting.
• Divestiture and separation accounting.
• Operational finance support.

Responsibilities

• Set up and maintain accounts for holding companies and new entities.
• Create COA, ledgers, reporting structures and processes.
• Prepare opening balance sheets and transferred balances.
• Manage intercompany accounting and reconciliations.
• Perform consolidation and group reporting.
• Validate payroll, AP, AR interfaces and other systems.
• Support divestiture and separation accounting entries.
• Identify risks and resolve issues during transition.

Skills

Strong accounting knowledge

Balance sheets & P&L review

M&A accounting experience

PPA experience

Multi-function collaboration

Analytical problem solving

Independent & proactive

Detail-oriented

Ability to learn new processes

Education

Qualified or part-qualified accountant (ACA, ACCA, CIMA or equivalent)

Job description

Financial Accountant

Location: Basingstoke

Shifts: 08:00 - 17:00

Pay Rate: Financial Accountant II: £26.44 - £31.25 per hour. Financial Accountant III / IV: £33.65 - £38.46 per hour.

The business is going through a major divestiture and separation programme, moving from its current operating model to a new standalone organisation. This includes setting up a new legal and finance structure, including holding companies, BidCos, operating entities and any other companies required within the new Group.

To support this transition, finance processes, reporting structures, systems, opening balance sheets, intercompany arrangements and financial controls need to be established and stabilised.

An experienced Finance and Accounting team is required to provide additional support during the period between separation and the full implementation of the future-state Finance function. The team will help ensure that day-to-day accounting and reporting continue smoothly while supporting the set-up of the new organisation.

This is not intended to be a traditional finance team with permanent ownership of specific processes. Instead, the team will provide flexible support, helping to establish new entities, resolve issues, identify risks and support accounting activities until the new organisation is fully operational.

Key Responsibilities

• Accounting set-up and ongoing accounting for holding companies, BidCos and newly established entities.
• Creation of new charts of accounts, ledgers, reporting structures and finance processes.
• Preparation and validation of opening balance sheets and transferred balances.
• Accounting for investments, equity, debt, funding, interest, dividends, intercompany funding and corporate costs.
• Establishing and reconciling intercompany balances across the Group.
• Divestiture and separation accounting, including required transaction entries.
• General ledger mapping between legacy and new systems.
• Set-up and validation of payroll, lease, AP, AR and other finance system interfaces.
• Journal processing, consolidations and Group reporting.
• Balance sheet reconciliations and substantiation to support the developing finance operating model.
• Review and validation of NEB reporting.
• Support with finance projects, testing, cutover activities and hypercare.
• Identifying and resolving gaps, risks and issues arising from the separation and transition process.

The team will work closely with Finance, Tax, Treasury, project teams, systems teams, external providers and other business stakeholders. They will be expected to challenge assumptions, identify risks and proactively drive issues through to resolution.

Requirement

The business is seeking a provider to supply a team of approximately 6-7 experienced Finance and Accounting professionals to support the divestiture, entity set-up and stabilisation programme.

The team should have experience across:

• Holding company and BidCo accounting
• Entity set-up and finance process implementation
• General ledger management
• Financial and Group reporting
• Balance sheet management and reconciliations
• Consolidations
• Systems implementation and transition activities
• Divestiture and separation accounting
• Operational finance support

A key requirement is flexibility. Team members should not be restricted to narrow job roles and must be comfortable moving between project work and hands-on accounting activities. They should be proactive in investigating issues, identifying risks, asking questions and taking ownership of solutions as programme priorities evolve.

Top Skills

• Strong accounting and finance knowledge.
• Experience reviewing Balance Sheets and P&L statements.
• Purchase Price Allocation (PPA) experience.
• M&A accounting experience.
• Ability to work across multiple finance functions.
• Strong analytical and problem-solving skills.
• Previous accounting or finance experience.
• Ability to quickly learn new financial processes.Strong attention to detail and accuracy.
• Able to work independently and manage priorities.

Desirable Skills

• Qualified or part-qualified accountant (ACA, ACCA, CIMA or equivalent).
• Experience supporting acquisitions, integration's or corporate finance projects.
• Experience working in fast-paced finance environments.