Transaction Accountant, Finance & Accounting Advisory Services

Transaction Accountant, Finance & Accounting Advisory Services

The Role

Every acquisition a PE sponsor closes creates an immediate accounting event with lasting financial consequences. The Opening Balance Sheet and purchase price allocation don't just satisfy a compliance requirement. They establish the foundation for how a portfolio company reports earnings, measures goodwill, and communicates financial performance to investors and auditors for years to come.

This role exists at that critical intersection. As a Manager in our Finance & Accounting Advisory Services (FAAS) practice, you will own the technical execution of ASC 805 purchase accounting and Opening Balance Sheet preparation for PE-backed portfolio companies navigating post-close accounting. You'll be the person sponsors and controllers depend on to translate complex deal structures into clean, defensible, audit-ready financial records, on a timeline that doesn't wait.

This is not a staff augmentation seat. You will manage work streams independently, collaborate directly with portfolio company finance teams and third‑party valuation specialists, and ensure every deliverable meets the standard of precision that PE investors and their auditors demand. You'll also contribute to shaping how our growing FAAS practice approaches transaction accounting, building methodology, templates, and intellectual capital as we scale.

Why Intrinsic

• Technical depth over breadth: you'll specialize in work that carries real consequence, not shuffle between generic advisory tasks.
• Direct access to sponsors and portfolio leadership: no layers between you and the stakeholders who depend on your work.
• Hybrid flexibility: based in Denver or Chicago with remote options and meaningful work-from-anywhere policies.
• Growth trajectory: a clear development path from Manager to Director within a high‑impact practice at an inflection point.

What You'll Do

ASC 805 Purchase Accounting and Opening Balance Sheet Execution

You are the technical lead on post-close accounting for acquisitions. You ensure that every OBS bridge, journal entry, and technical memo is accurate, well‑documented, and defensible under audit scrutiny:

• Lead purchase price allocation (PPA) execution under ASC 805, including fair value measurement, goodwill calculation, and identification of acquired intangible assets.
• Prepare and reconcile Opening Balance Sheet bridges for acquisitions and divestitures, translating deal mechanics into GAAP‑compliant financial records.
• Draft and review technical accounting memoranda for business combinations and divestitures, ensuring conclusions are clearly reasoned and audit‑ready.
• Book acquisition‑related journal entries and post-close adjustments with precision; coordinate with controllers to ensure proper integration into the general ledger.
• Develop and maintain GAAP‑compliant calculations for purchase accounting, bargain purchase assessments, measurement period adjustments, and related disclosures.
• Coordinate with third‑party valuation specialists to align fair value inputs with accounting conclusions and ensure consistency across deliverables.

Hands‑On Post‑Close Accounting Execution

This role requires comfort operating inside a portfolio company's accounting function, not just advising from the outside:

• Work directly in client ERPs and close processes to support timely booking of acquisition accounting entries.
• Help management teams translate deal terms into practical journal entries, reconciliations, and close checklists.
• Make judgment calls when information is imperfect, documenting conclusions while keeping the close moving.
• Bridge the gap between technically correct and operationally executable accounting in lean finance environments.

Technical Guidance and Stakeholder Coordination

You don't just execute; you advise. When portfolio company controllers encounter unfamiliar deal structures or ambiguous GAAP treatment, you provide the technical clarity they need to move forward with confidence:

• Serve as a technical resource on complex accounting issues arising from business combinations, including contingent consideration, earn‑outs, step acquisitions, and carve‑out transactions.
• Colla…