Hybrid Group Acquisitions Manager

at IVC Evidensia UK

• Job title: Group Acquisitions Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Keynsham, United Kingdom

About the role

• Group Acquisitions Manager at IVC Evidensia managing financial and tax activities in veterinary acquisitions. Collaborating with legal and financial teams to ensure compliance and due diligence.

Responsibilities

• Working closely with the Head of Acquisition Finance and the Group Acquisitions Manager to deliver and control all the financial and tax activities within the surgery acquisition process.
• Maintain and manage the strong working relationships with our external due diligence providers (Financial, Tax and Legal) and M&A teams and continuously working to improve processes, quality and build on relationships across the group.
• Responsible for the management of the outsourced Financial Due Diligence (FDD) providers, to ensure FDD is completed in line with IVCE processes, timescales and they are resourced to meet the needs of IVCE and never slow the pace of acquisitions.
• To be the “balance” and the guardian of the financials to ensure the acquisitions team remain financially disciplined.
• Responsible for the review of TDD and ensuring all tax issues are fully understood, communicated to lawyers to ensure IVCE are protected, and communicated to the Finance Integration/ Group Head of Tax to ensure inappropriate practices are immediately stopped at acquisition.
• Working with the lawyers in the early stages of due diligence to flush out complex legal structures and ensuring the legal structures we are on boarding are properly understood and any legal due diligence risks are mitigated and handed over to Group Legal/Integration where relevant.
• Responsible for the review and recommendation to the Group CFO to approve FDD and the associated Investment proposals. Ensuring FDD and investment cases are produced to a high level of quality and that have picked up all issues highlighted from Legal Due Diligence (LDD) and Tax Due Diligence (TDD) right up to the point of completion.
• Ensuring all acquisitions are compliant with our Investor agreement and Banking agreement and if not highlighting immediately to the Group CFO, not allowing anything to complete that is not compliant.
• Reviewing disclosure letters and LDD for any financial or tax matters of concern and acting accordingly / escalating / adjusting investment cases.
• Reviewing and signing off funds flows including supporting proforma completion accounts.
• Ensuring vital data collected during diligence plus completion documents are transferred across into our systems post completion in a timely manner.
• Ensure investments cases are properly handed across into the main Finance team and communicated fully.
• Prepare review and challenge to post-acquisition trading performance.
• Other projects as defined by the Director of Acquisition Finance and Head of Acquisition Finance.

Requirements

• Strong academically – educated to degree level and having completed their professional accounting qualification. ACA or equivalent qualification.
• In-house M&A experience, or experience working within corporate finance (either transaction services/lead advisory).
• Awareness to completion account mechanisms (locked box vs completion accounts).
• Thrives in a fast-paced, constantly changing environment – flexibility is key.
• Hands on, no task too small, will do whatever required to facilitate a deal.
• Broad understanding of legal and tax matters sufficient to be able to identify issues when presented and challenge both lawyers and tax advisors in their areas of expertise.
• Sufficient level of gravitas and communications skills to credibly challenge the M&A teams across all jurisdictions we currently operate in.
• Strong attention to detail, and able to deliver right-first-time results quickly without getting lost in the detail.
• Deadline focussed and managing workload with competing priorities. Must be willing to put in the effort required to ensure they always meet them
• Self-starting individual comfortable with working independently and ability to self-motive/regulate.
• Pro-active approach to CPD and keeping abreast of any changes to accounting standards, particularly on how these impact acquisitions.
• Occasional international travel necessary.
• Comfortable working within a clinical environment where compassion is a requirement

Benefits

• Work-life balance
• 26 days annual leave
• Cycle to Work scheme
• Initiatives focused on employee wellbeing
• Pension
• Discretionary Bonus
• Discounted staff pet care
• Dog Friendly office
• Free Parking available at Head Office