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Sr Manager, M & A Accounting and Integration

Company Description

Our Mission

At Palo Alto Networks® everything starts and ends with our mission:

Being the cybersecurity partner of choice, protecting our digital way of life.
Our vision is a world where each day is safer and more secure than the one before. We are a company built on the foundation of challenging and disrupting the way things are done, and we’re looking for innovators who are as committed to shaping the future of cybersecurity as we are.

Who We Are

We take our mission of protecting the digital way of life seriously. We are relentless in protecting our customers and we believe that the unique ideas of every member of our team contributes to our collective success. Our values were crowdsourced by employees and are brought to life through each of us everyday - from disruptive innovation and collaboration, to execution. From showing up for each other with integrity to creating an environment where we all feel included.

As a member of our team, you will be shaping the future of cybersecurity. We work fast, value ongoing learning, and we respect each employee as a unique individual. Knowing we all have different needs, our development and personal wellbeing programs are designed to give you choice in how you are supported. This includes our FLEXBenefits wellbeing spending account with over 1,000 eligible items selected by employees, our mental and financial health resources, and our personalized learning opportunities - just to name a few!

At Palo Alto Networks, we believe in the power of collaboration and value in-person interactions. This is why our employees generally work full time from our office with flexibility offered where needed. This setup fosters casual conversations, problem-solving, and trusted relationships. Our goal is to create an environment where we all win with precision.

Job Description

Your Career

Palo Alto Networks has an exciting opportunity for a Sr Manager, M&A Accounting & Integration to join our Finance Team. We are seeking a talented organized individual with a deep analytical mindset and strong interpersonal skills that can lead the end-to-end processes surrounding Palo Alto Networks’ mergers and acquisitions, beginning with financial due diligence (FDD) and ending with integration of acquirees into Palo Alto Networks’ global financial processes. The role will partner with Corporate Development cross-functional M&A team leads, legal, accounting, treasury and other subject matter experts and leaders within the Finance organization.

A successful candidate will be proactive,  confident and solution-oriented, have a broad set of work experiences within a Finance organization, will provide a strong voice to represent Finance throughout the M&A process, and will work collaboratively with Finance leaders (Tax, Treasury, Accounting, FP&A, etc.) and outside of Finance (Corp Dev, Sales, Legal, HR, etc.). This position will report to the VP of Accounting & Reporting. 

Your Impact

  • Lead financial due diligence process and direct the use of FDD Advisors where needed.

  • Analyze target company data to identify historical and projected financial and operating trends, and identify potential liabilities and risks which impact valuation of the target company.

  • Assess significant accounting practices of target companies.

  • Provide technical accounting and pro forma presentation advice around deal structure and terms.

  • Contribute insights and learnings of FDD to the Corporate Development team and Palo Alto Networks’ leadership.

  • Evaluate budget and overall integration and deal costs expected 

  • Identify and resolve financial due diligence key issues and work with cross functional leads to evaluate impact to processes and end to end accounting 

  • Lead the purchase price allocation by directing the work of PPA advisors and coordinating with other stakeholders in the organization.

  • Lead all aspects of finance integration which includes quote to cash, procure to pay, payroll and expense reimbursement, financial reporting, budget and forecast processes across Palo Alto Networks’ global financial processes.

  • Manage functional teams through the M&A process and ensure deliverables are on time and consistent with the acquisition strategic objectives. Accountable to the Executive team for the integration tracking and overall project execution.

  • Collaborate in the development of cross-functional integration plans with composure, objectivity, ability to balance diplomacy internally/externally working with extreme focus on results as well as respect for all parties.

  • Build the foundation for institutional knowledge and scalability of M&A at Palo Alto Networks through the development of the M&A Finance Playbook.

  • Document processes and impacts and planned integration for those involved with tracking of action items, minutes of meetings and status 

  • Facilitate audit requests from external auditors supporting purchase accounting and provide support for any external reporting requirements of the transaction.

Qualifications

Your Experience 

  • Bachelor’s degree or equivalent practical experience in a core business function at a publicly-held technology company, MBA preferred, but not required.

  • CPA or equivalent a plus with 8+ years of combination of Big 4 and relevant industry experience with a demonstrated ability to understand financial and technology drivers and to deliver results in fast-paced SaaS and Technology companies.

  • 4+ years’ direct experience in a corporate development function leading M&A transactions through the due diligence and integration lifecycle phases.

  • Empathetic approach to acquisitions, recognizing the impact on individuals and teams and placing a premium on the employee experience.

  • Ability to manage projects across multiple functional areas, influencing stakeholders and driving results.

  • Excellent verbal and written communication skills.

  • Hands-on and results oriented leader with problem solving and action oriented mindset

  • Intellectual curiosity, self-starter, and critical thinker 

  • Ability to work in a fast paced environment.

  • Familiarity with tax and accounting implications of various deal structures.

Additional Information

The Team

You have a passion for numbers & integration, our organization has a passion for cybersecurity. You’re looking for a career with a more fulfilling mission. We have open positions to top talent seeking a financial challenge. Our accounting department deals with numbers daily, supporting infrastructure, dealing in automation, building solutions and providing accurate, insightful financial information to empower our business lines. The ideal candidate has exceptional skills in accounting and analytics and an innovative mindset to approach finance problems differently. Our innovation doesn’t stay in Research and Development. Within finance and accounting, we seek people who are looking to try new things, while solving business critical equations. If you’re seeking a financial challenge but with a world-wide impact – this is it.

Compensation Disclosure

The compensation offered for this position will depend on qualifications, experience, and work location. For candidates who receive an offer at the posted level, the starting base salary (for non-sales roles) or base salary + commission target (for sales/commissioned roles) is expected to be between $138000 - $223500/YR. The offered compensation may also include restricted stock units and a bonus. A description of our employee benefits may be found here.

Our Commitment

We’re problem solvers that take risks and challenge cybersecurity’s status quo. It’s simple: we can’t accomplish our mission without diverse teams innovating, together.

We are committed to providing reasonable accommodations for all qualified individuals with a disability. If you require assistance or accommodation due to a disability or special need, please contact us at  [email protected].

Palo Alto Networks is an equal opportunity employer. We celebrate diversity in our workplace, and all qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or other legally protected characteristics.

All your information will be kept confidential according to EEO guidelines.

Average salary estimate

$180750 / YEARLY (est.)
min
max
$138000K
$223500K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr Manager, M & A Accounting and Integration, Palo Alto Networks

At Palo Alto Networks, we're on a mission to protect our digital way of life, and we're looking for a passionate Sr Manager, M&A Accounting and Integration to join our dynamic Finance Team in Santa Clara, CA. If you have a keen analytical mind and are excited about playing a crucial role in our mergers and acquisitions process, this might be the perfect opportunity for you. You'll take the lead on financial due diligence and help integrate newly acquired companies into our global financial framework. Collaborating with various teams, including Corporate Development, Legal, and Accounting, you will directly influence the success of our M&A initiatives. By analyzing target company data and assessing accounting practices, you’ll ensure that we remain a step ahead of any potential risks. Your proactive and solution-oriented approach will be vital in navigating the complexities associated with financial integration. You will have the chance to work with industry veterans and engage in meaningful conversations that shape our strategic objectives. Moreover, your technical expertise will guide decision-making, from conducting financial analyses to leading purchase price allocations. At Palo Alto Networks, we value collaboration, ongoing learning, and diversity. We believe in a strong workplace culture where ideas are shared freely. In this role, you'll not only enhance your own professional growth but also contribute to building a legacy of excellence in M&A finance. Ready to shape the future? Join us and become a key player in our story of innovation and protection.

Frequently Asked Questions (FAQs) for Sr Manager, M & A Accounting and Integration Role at Palo Alto Networks
What is the role of a Sr Manager, M&A Accounting and Integration at Palo Alto Networks?

The Sr Manager, M&A Accounting and Integration at Palo Alto Networks plays a critical role in managing the financial aspects of mergers and acquisitions, overseeing everything from financial due diligence to the integration of new companies into the financial processes. This position is a blend of accounting expertise and strategic insight, ensuring that all financial metrics align with the organization's overall goals.

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What qualifications do I need to apply for the Sr Manager, M&A Accounting and Integration position at Palo Alto Networks?

Candidates for the Sr Manager, M&A Accounting and Integration role at Palo Alto Networks should possess a Bachelor’s degree in a relevant field, have at least 8 years of experience in finance within technology firms, preferably with a focus on M&A transactions. A CPA or MBA is considered a plus, along with strong analytical and interpersonal skills.

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What are some key responsibilities of the Sr Manager, M&A Accounting and Integration at Palo Alto Networks?

Key responsibilities of the Sr Manager, M&A Accounting and Integration at Palo Alto Networks include leading financial due diligence, analyzing financial trends of target companies, collaborating with cross-functional teams to ensure smooth transaction processes, and preparing for purchase price allocations, among other essential tasks.

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How does Palo Alto Networks support the career development of a Sr Manager, M&A Accounting and Integration?

Palo Alto Networks is committed to the professional growth of employees, including those in the Sr Manager, M&A Accounting and Integration role. Opportunities for continuous learning, mentorship programs, and innovative projects empower employees to expand their skills and knowledge in this ever-evolving field.

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What kind of work culture can I expect as a Sr Manager, M&A Accounting and Integration at Palo Alto Networks?

The work culture at Palo Alto Networks is built on values of collaboration, diversity, and inclusion. As a Sr Manager, M&A Accounting and Integration, you will engage in dynamic discussions, contribute to innovative solutions, and enjoy a supportive environment where every voice is valued.

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What career impact can I expect from becoming a Sr Manager, M&A Accounting and Integration at Palo Alto Networks?

By joining Palo Alto Networks as a Sr Manager, M&A Accounting and Integration, you will not only further your career in finance and accounting but also play a significant role in shaping the future of cybersecurity. Your contributions will directly impact strategic acquisitions, driving the company's mission forward.

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How does the Sr Manager, M&A Accounting and Integration collaborate with other departments at Palo Alto Networks?

The Sr Manager, M&A Accounting and Integration works closely with multiple departments including Corporate Development, Legal, and various finance teams to ensure a seamless integration process during M&A activities. This cross-departmental collaboration is vital to achieving the organization's strategic objectives.

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Common Interview Questions for Sr Manager, M & A Accounting and Integration
How do you approach financial due diligence in M&A transactions?

When approaching financial due diligence in M&A transactions, I first ensure that I have a thorough understanding of the target company's financial documents. Conducting detailed analyses of financial statements and historical performance allows me to identify potential risks and liabilities while also assessing the overall value of the deal.

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Can you describe a challenging M&A project you managed and how you handled it?

One challenging M&A project I managed involved a target company with inconsistent financial records. I coordinated with cross-functional teams to gather complete and accurate data while implementing a standardized process for dealing with discrepancies. This approach not only improved transparency but also built trust with stakeholders, ultimately leading to a successful integration.

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What strategies do you use to communicate complex financial data to non-financial stakeholders?

To communicate complex financial data effectively to non-financial stakeholders, I focus on simplifying the data into key takeaways. Utilizing visuals, such as charts and graphs, along with clear, concise language helps ensure my audience understands the implications of the data without getting lost in technical jargon.

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How do you prioritize tasks during the M&A integration process?

Prioritizing tasks during the M&A integration process involves establishing clear goals and timelines. By working closely with stakeholders to identify critical integration milestones, I can effectively allocate resources and ensure tasks are executed in a logical sequence while keeping everyone aligned with the strategic objectives.

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What role does risk assessment play in your M&A accounting process?

Risk assessment is a foundational aspect of my M&A accounting process. By thoroughly evaluating potential liabilities or fluctuations that may arise from the target company's financial history, I can provide informed recommendations to mitigate risks and ensure accurate valuations are presented during the acquisition discussions.

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In your opinion, what is the most important element of M&A integration?

The most important element of M&A integration is effective communication. Clear, open lines of communication foster collaboration among teams and help manage expectations. Ensuring that everyone is informed of changes and progress keeps morale high and drives the integration efforts towards success.

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How do you stay updated on accounting regulations that impact M&A?

To stay updated on accounting regulations that impact M&A, I actively participate in industry webinars, subscribe to relevant professional publications, and engage with peers in finance and accounting networks. Staying informed about regulatory changes allows me to adapt our processes accordingly and maintain compliance.

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How do you assess the cultural fit of an acquired company?

Assessing the cultural fit of an acquired company involves evaluating their values, work environment, and employee feedback. During the integration process, I prioritize open dialogues to gather insights from both sides that can facilitate a smooth transition and promote a mutually supportive culture.

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What motivational strategies do you employ when leading diverse teams during M&A?

I employ motivational strategies that recognize the diverse strengths and contributions of team members. Encouraging collaboration and celebrating small wins fosters a positive team environment, while individualized feedback helps address unique motivators and concerns, leading to enhanced performance during M&A projects.

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Describe your experience with purchase price allocation in M&A transactions.

My experience with purchase price allocation in M&A transactions includes working closely with financial advisors to determine the fair market value of acquired assets and liabilities. I've managed detailed analyses that ensure compliance with accounting standards while also providing insights that inform integration strategies post-acquisition.

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Being the cybersecurity partner of choice, protecting our digital way of life.

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Full-time, on-site
DATE POSTED
November 25, 2024

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