Banking and Finance Specialist

4 days ago

London, Greater London, United Kingdom Xcede Recruitment Solutions Full time

Xcede Recruitment Solutions is seeking a talented Banking and Finance Specialist to join their team in [Location]. This is an exciting opportunity for an experienced professional to work with a leading recruitment agency in the industry.

Job Overview:

We are currently supporting a Software Management Company that has recently purchased multiple smaller software businesses. Due to these mergers and acquisitions, our customer is seeking Systems Consultants with experience in integrating financial systems and processes.

Key Responsibilities:
  • Project Workflow: The project will be split into 6 core workflows:
  1. Due Diligence: Initial view into the business based on documents provided via the data room and responses to the IDDQ. IDD meeting with the team to raise questions based on the IDDQ / data room discovery and build a high-level view of the company.
  2. Headline Integration Plan: Integration Risks and Integration Wins & Synergies.
  3. Discovery & Process Mapping: Deep dive into systems and processes covering Customers, Suppliers, AR processes (billing), AP processes (purchasing), Banking, Expense and Travel, Data Access and Availability, and Acquisition Specific Processes.
  4. Detailed Integration Planning: Finalised plan for integrating systems and finance function and include details of development work required for bespoke API integrations. Structured format which is repeatable and presentable. Present plan to the acquired team to build understanding and uncover any potential issues. Inform team of any follow up tasks required (such as providing contract and supplier data) based on findings in Discovery.
  5. Integration: Data extraction from acquisition's systems, Data mapping, Data import, Training on BAU systems, Customer and Supplier Comms.
  6. Go-Live & Handover: Opening Balance Import & Migration email to relevant stakeholders, Expense and Travel Management Rollout, Introduction to BAU teams with handover.
Requirements:
  • Excellent understanding of T-SQL programming (stored procedures and triggers).
  • Excellent Microsoft Office knowledge and skills.
  • Strong understanding of Finance systems and operational processes.
  • Experience with data migration and new systems setup.
  • Experience within acquisition integration.
  • Report writing and Data extraction.

The ideal candidate will have around £50,000 - £60,000 per annum depending on experience.

Please note that this figure is an estimate and may vary based on individual circumstances.

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