Transaction Services are typically provided by large accountancy practices (such as the Big 4). Services provided include due diligence, reporting on valuation and offering advice on mergers and acquisitions.
Transactions services are offered by accountancy practices (in many cases by the Big 4 - PwC, Deloitte, KPMG and Ernst and Young) and investment banks to companies that wish to carry out a transaction, such as the purchase or acquisition of another company or the sale of all or part of a business.
Many qualified accountants and financial specialists work in transaction services, along with management and business consultants and corporate finance specialists.
Typical transactions services include:
Financial due diligence.
Commercial due diligence.
Market overviews and due diligence.
Deal management, including deal structuring, bid support and defence and delivering best value and price for buyers and sellers.
Business modelling.
Salary Snapshot
Recent salaries advertised on TopFinancialJobs (January 2010) include:
£60-70,000 per annum for a qualified (ACA, ACCA, ACMA) accountant working as a Vice President - Corporate Development for a well known investment bank in the City of London.
Do you work in transaction services? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.
