OUTSOURCED CONSOLIDATION LEAD
Outsourced head of consolidation, one to two days a week
An outsourced consolidation lead means entrusting the head of consolidation role to an external chartered accountant, on hand one to two days a week. The group gains specialist expertise, sized to its actual needs, without a full-time hire.
What the engagement covers
This is an engagement format in its own right, not an extended one-off assignment. We take charge of the consolidation function over time: preparing and running closings, working with subsidiaries and statutory auditors, and continuously improving processes and documentation. The pace follows the group's calendar, with more presence during closings and less during the rest of the year. We work on site or remotely, as agreed with you.
- Planning and running consolidated closings
- Coordinating subsidiaries: closing instructions, package review, follow-up
- Preparing the consolidated accounts and group reporting
- Single point of contact for the statutory auditors during closing
- Updating procedures and the consolidation manual
- Supporting and upskilling your teams
Who it is for, and when
This format suits groups whose consolidation workload does not justify a full-time position, or that are going through a transition: departure of the head of consolidation, ongoing recruitment, fast-growing scope, an accounting team that needs relief during closings. It also suits groups that no longer want to depend on a single in-house person for such a sensitive function.
How we work
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Assessment of the consolidation function: processes, tools, calendar, weak points.
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Organisation: pace of work and roles, set out in the engagement letter.
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Running closings, with a shared calendar and regular checkpoints.
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Gradual improvement: procedures, controls, automation.
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Handover, if needed, to a head of consolidation recruited in-house.
FAQ
Is this a staff secondment?
No. Perpendis works under a chartered accountant's engagement letter and under its own professional liability. We organise our work around the objectives agreed with you, not under the line management of your teams.
How long does an engagement last?
The engagement is designed to be ongoing, over one or more financial years. It can also cover a transition period until an in-house head of consolidation takes over. Duration, pace and exit terms are set out in the engagement letter.
Can you work remotely?
Yes. Most consolidation work can be done remotely, provided we have secure access to your systems. On-site presence is planned during closings and for key meetings, as agreed with you.