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Accountants have a reputation for flying under the radar. You are the backroom boys and leftfield ladies of business.
You know all the facts and figures, operate the levers and switches, but let someone else take the glory.
It’s not a bad strategy. In fact, steering from the back is a sure sign of being confident without the need to show off.
Yet the impact of what you do causes tidal waves, not ripples, and the work of accountants has been hitting the headlines recently.
You’ve been teaming up with your close cousins, the economists, to broker deals and make the rest of the business world sit up and take note.
On s1jobs there are openings among these big accountancy players, as well as vacancies in the retail, industrial and service sectors.
Pick the right one and you could find yourself involved in news-making scenarios like these.
The mega merger
This proposed combination of Asda and Sainsbury wasn’t put together with a few back-of-the-envelope sums. The marriage between two of the UK’s biggest supermarket brands has been carefully calculated to reduce costs and overheads.
It’s all about the figures and once the Monopolies Commission gets in on the act there will be a lot more number-crunching ahead.
Accountants working on this deal shouldn’t make any plans for getting to bed for at least the next few months.
Pound for pound
The poor old pound has been having a hard time recently. At the moment it’s looking like the skinny bloke in a gym full of American muscle men. Could there be an interest rate rise any time this decade? Well that depends. It’s a ‘will it, won’t it’ situation that keeps accountants working in every sector of the economy on their toes as they assess the possible outcomes on profit margins – and which ever way the Bank of England calls a rate rise decision.
Sporting chance
Retailer Sports Direct is to rake in nearly £80 million, thanks to its rival JD Sports. In a shrewd move, Sports Direct had built up a stake of 8 million shares or 19.3% in American firm Finish Line.
Now JD Sports is buying the US retail chain for £405.4 million or 981p per share – meaning Sports Direct is in line for up to £78.5 million from its holding.
It’s this sort of deal that can earn accountants serious bonuses.
Want to join the world of major moves and daring deals? Then discover the latest Accountancy vacancies on s1jobs.