Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an Accounting Expert within PNC's Fortis Advisors organization, you will be based in San Diego, CA.

We are seeking a senior level accounting specialist to join our team. The successful candidate will be responsible for reviewing and commenting on the post-closing purchase price adjustment provisions and requirements of merger agreements (and discussing the same with the management of the selling company), evaluating post-closing financial statement submissions (e.g., the working capital adjustments) from buyers relating to those requirements, analyzing financial and accounting issues, interacting with selling shareholders, Fortis team members and external counsel, formulating strategies to resolve disputes through direct negotiations where possible, and managing mediation, arbitration and litigation of financial and accounting issues when necessary. The successful candidate will be an integral part of the Fortis team managing financial, accounting and tax matters. M&A transactions frequently involve the review and analysis of financial information after the closing of the deal. Often the review is non-controversial, but matters do arise which need to be addressed, challenged and even disputed from time to time. Issues can be wide ranging, but most frequently concern the financial structure of the acquisition, a company’s working capital position, GAAP compliance vs. selling company past practices, revenue recognition, contingent and undisclosed liabilities, and vendor/customer issues.

• Minimum of 5 years of audit experience at a Big-4 public accounting firm.

Job Description

• Reviews transaction documents (merger agreements, engagement agreements, etc.) for each deal to establish an understanding of the structure of each transactions and prepare for the working capital review process.
• Processes and reviews seller prepared and buyer-prepared working capital statement for alignment with the terms of the transaction agreement.
• Communicates with the seller senior management throughout the review process and facilitates discussions as needed with buyer contacts and counsel regarding the working capital statements, any proposed adjustments, and the review and analysis of complex transactions.
• Monitors the progress of client tax matters and coordinates between relevant parties to help ensure client tax obligations are completed timely.
• Maintains communication with other Fortis teams as needed to complete the working capital review processes or to hand off to once the review is completed. Supports objectives outside of the working capital review process such as client expense reimbursements.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required