Acquisition Accountant

JOB SUMMARY:

The Acquisition Accountant assists with a large range of accounting processes and is instrumental in the acquisition transaction processes. The role performs analysis, reconciliations, and reporting that requires cross-functional collaboration and an in-depth understanding of transaction flow. The role also assists with transition to Summit ERP systems and processes from the acquisitions prior systems.

ESSENTIAL JOB DUTIES:

• Participate in due diligence, preacquisition and post-acquisition meetings with internal parties to prepare for upcoming acquisitions and assist with the transition of an acquisition to Summit Processes.
• Facilitate Pre- and Post-acquisition calls with the seller to help their transition to Summit processes.
• Review purchase agreements to prepare and record purchase price allocations into Summit ERP system.
• Prepare and/or assist with initial data loads for Accounts Receivable, Accounts Payable, Deferred Revenue, Work-in-Process, Customers and Vendors.
• Be a point of contact for a new acquisition to assist with questions or help direct the team members to the correct individual within Summit.
• Prepare reconciliations for net working capital true ups and monitor progress of various items within the net working capital true up period.
• Assist in preparation of post-closing documents and reconciliations related to net working capital.
• Prepare schedules and assemble data for auditors as requested.
• Prepare schedules and assemble data for tax preparers as requested.
• Collaborate with and assist team members both within the accounting department and across the organization.
• Communicate at all levels of the organization and with customers in a professional manner.
• Other duties may be assigned.

QUALIFICATIONS:

The qualifications listed below are representative of the elements required to perform the job successfully, however in some cases, an equivalent combination of Education, Training, Certifications and Experience may meet the job qualifications.

Education, Training, Certifications:

• Bachelor's Degree in Accounting or related field, required.
• CPA, preferred.

Experience, Knowledge, Skill Requirements:

• 2-4 years' accounting experience including preparation of financial statements and reporting packages.
• Intermediate math skills, customer service, problem solving skills, decision making skills, ability to multitask, billing experience, and the ability to plan and organize is required.
• Advanced math skills, merger and acquisition experience and construction experience preferred.

Communication Skills:

• Must have the ability to read, write and communicate in English with employees and customers.

Systems and Software Skills:

• Advanced computer skills including Microsoft Office (Word, Excel, Power Point, Outlook, SharePoint, Teams). Experience with SalesForce, Invoice Router, Timberline, Microsoft Access, and UltiPro Preferred.

Other Qualifications:

• Valid driver's license with acceptable driving record, required.
• Must be able to comply with Summit's Drug and Alcohol policy and Background screening requirements, which may also include customer specific requirements based on contractual agreement.
• Position is based in Mendota Heights, MN, and will be eligible for Hybrid work schedules.

PHYSICAL & WORK ENVIROMENT REQUIREMENTS:

Reasonable accommodations may be made to enable individuals with disabilities to perform Essential Job Duties.

Physical Requirements:

While performing the duties of this job, the employee is required to sit for long periods. Employee will occasionally be required to bend, kneel, balance, lift <20lb, walk, stand, ascend/descend stairs, drive, twist, and reach above and below shoulders.

Work Environment:

Employee will consistently be required to work indoors in an office setting, work alone and with others. Office settings are mild to moderate temperatures. Employee will occasionally be required to travel, up to 10%.

We are fully committed to equal opportunities for employment to all individuals regardless of race, national origin, gender, religion, sexual orientation, disability, familial status, and any other classification protected under the law. We are an Equal Opportunity, Affirmative Action employer.

While this job description is intended to be an accurate reflection of the position, management reserves the right to modify, add, or remove duties and to assign other duties as necessary.

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