Accounting and Consultancy dedicated to groups and

Acco un ti n g a n d C on s u lta n c y
de di ca te d to gro u p s an d s u b s i d i ar i e s
o f i nte r n at i o n al co mp an i e s
With 300 employees, p r i m exi s is France’s
leading independent accounting
and consulting firm for French branches
and subsidiaries of international groups.
Immediate operational approach
dedicated to general, accounting and financial directors.
Complementary professional and sector-based expertise
comprising various service lines to meet all your needs.
Specialized consultants and staff
selected from the best profiles in the professions, industry and commerce,
trained in Primexis’ methodologies.
Guarantee of independence
Primexis has all the advantages of a major accounting firm and guarantees
long-lasting assistance with no risk of incompatibility.
Primexis is a member of The Leading Edge Alliance
an international network whose members are major independent accounting
firms located in more than 90 countries.
an or ga niz ation s
truct u r ed to d eli v er
high qu ali t y p r o f essi o n al a ssi sta n c e
f u n ct i o n al d e p a r t m e n t s
INTERNATIONAL
BUSINESS
SERVICES
Bookkeeping,
Reporting,
Compilation
Holding /
Tax consolidation
PAYROLL
& HR
ADMINISTRATION
INTERNATIONAL
BUSINESS
SERVICES
Outsourcing
payroll
Bookkeeping,
Reporting,
Compilation
Highly confidential Payroll assistance
payroll /
Impatriates
Holding / and
Special
Expatriates
Tax consolidation
Purpose
Vehicles (SPV)
Project
management
Assistance
and optimisation
Group information
systems
integration
Project
Primexis Cloud
(SAP BFC)
Outsourcing
payroll
Project
Outsourcing
management
Highly confidential Payroll assistance
payroll /
Impatriates and
Expatriates
Accounting
and tax matters
Transaction
services
Management
accounting
Internal
control
Project
management
Assistance
and optimisation
Project
management
Outsourcing
Group information
systems
integration
Primexis Cloud
(SAP BFC)
Project
Accounting
management
and
tax matters
office
Management
Transaction
consulting
services
Decision
Management
management
accounting
Project
Internal
management
control
Finance
Insurance
Management
consulting
Decision
management
GROUP
CONSOLIDATION
PAYROLL
& REPORTING
& HR
ADMINISTRATION
INTERIM
MANAGEMENT
& ACCOUNTING
GROUP
SUPPORT
CONSOLIDATION
& REPORTING
ORGANIZATION
& INFORMATION
INTERIM
SYSTEMS
MANAGEMENT
CONSULTING
&
ACCOUNTING
SUPPORT
BANKING
Bank
ORGANIZATION
FINANCE
Project
& INSURANCE
INFORMATION
management
SYSTEMS
s eCONSULTING
ct o r d e p a r t moffice
ents
REAL ESTATE
& PUBLIC SECTOR
BANKING
FINANCE
& INSURANCE
Real Estate
Public Sector
Bank
Finance
REAL ESTATE
& PUBLIC SECTOR
Real Estate
Public Sector
Special
Purpose
Vehicles (SPV)
Insurance
management
Project
management
Project
management
International Business
Services
A C C R E D I T E D
ISAE 3402 & SSAE 16
TYPE II
« Whether you keep
your records in France
or abroad or if you
decide to outsource
your financial needs
to Primexis, our team
of 50 specialists is
at your disposal to
ensure preparation
of reliable financial
information within the
required deadlines. »
Didier Hemion, Partner
Bookkeeping, Reporting, Compilation
Bookkeeping and reporting according to the parent company’s format
and standards (IFRS, US GAAP…)
Preparation of current tax declarations and financial statements
Domiciliation in Paris-La Defense
Representation in France (tax authorities, statutory auditors…)
Administrative management of payments
Holding / Tax consolidation
Accounting and tax processing of restructuring operations
Translation of complex transactions
Management of tax consolidation
[email protected]
Special Purpose Vehicles (SPV)
Structured finance, CDO transactions
Accounting, tax and IFRS reporting
Accounting and tax advisory
Typical assignments:
> Bookkeeping, preparation of tax declarations and monthly reporting for many subsidiaries of foreign companies
> Compilation of corporate income tax declarations and statutory accounts for many subsidiaries of foreign companies
> On-site review of French subsidiary’s annual accounts prepared by several Shared Service Centres outside France
> Preparation of a comparison table between the group accounts (in US GAAP) and the French statutory accounts
> Preparation of current tax declarations (VAT, tax on corporate cars, corporate income tax instalments and
balance…) for French subsidiaries whose books are kept by a Shared Service Centre outside France
> Monthly review of accounts in a subsidiary’s premises (in Paris) and reporting to the parent company
> Review of tax consolidation CIT returns on behalf of a US conglomerate
> Assigment of a professional for several days per month for on-site registration of the accounts and reporting
preparation with the client’s tools
> Preparation of monthly reporting and annual accounts on behalf of a major US chain of hotels
> Accounting and tax management of 160 SPV for a major French bank
4
Payroll
& HR Administration
A C C R E D I T E D
ISAE 3402 & SSAE 16
TYPE II
« Our team of 30
professionals can
provide your company
with full or partial
payroll outsourcing
(1 to 3 000 staff)
and can support you
with various specific
projects. »
Christine Clerin, Partner
[email protected]
Outsourcing payroll
anagement of registration with URSSAF for the representative
M
of a foreign company
Assistance with French payroll and social obligations provided
to the group HR Director
Definition of the data exchange process
Processing payroll and declarations
Relations with social organizations
Administrative management of Human Resources
Preparation of staff-related indicators
Remote access to ISHR
Highly confidential payroll /
Impatriates and Expatriates
Assistance with defining requirements
Design of processes including specificities
Ensure security of returned information flow
Payroll assistance
Management, reinforcement or replacement of payroll staff
Training with payroll techniques and software
Auditing payroll or payroll department
Implementation of procedures
Project management
Review and formalization of payroll regulations
Assistance with historical and employees’ data migration
Tests and acceptance of designed parameters
Assistance with start-up
Typical assignments:
> Administrative management of an isolated employee for companies not established in France
(“representative of a foreign company”)
> Payroll management for the French subsidiaries of foreign groups with payroll department located outside France
> Takeover of the payroll department in a company with 1 600 employees
> Management of a “plan social” (redundancy/restructuring plan) for 200 employees
> Replacement of a payroll manager in a press group with 1 800 employees
> Management of highly confidential payroll relating to the 50 top managers of a CAC group
5
GROUP consolidation
& REPORTING
« With four service
lines, our 45 consultants
offer you the widest
range of services
dedicated to
consolidation
and reporting. »
Assistance and optimisation
Assistance with preparation of consolidated accounts and reporting
Management of consolidation departments
Processing complex transactions and accounting consultancy
Optimisation of processes and closing deadlines
Drawing up procedures and training
Sebastien Courbe, Partner
[email protected]
Project management
Specifications and design
Tests and approval of software parameters
Documentation and training
Data migration
Assistance during the transition period
Outsourcing / primexis cloud
Organisation and process securing
Data collection, verification and consolidation processing
Preparation of the financial statements (IFRS/CRC)
Relations with statutory auditors and the securities and markets authority
Primexis Cloud: Consolidation and Reporting platform Accessibility
in Saas mode (SAP BFC)
Group information
systems integration
Specifications
Definition and implementation of SAP BFC parameters (Magnitude)
Definition and design of interfaces
Technical architecture and migrations
Application maintenance
Typical assignments:
> Specific assistance with quarterly account closings in a banking group
> Simulation of impacts further to complex restructuring of an industrial group in accordance
with revised IFR 3 and IAS 27
> Replacement of a consolidation manager in the services-producing sector
> Drawing up specifications for selection of the new consolidation tool of an insurance group
> Outsourcing the consolidation function in a real estate group (Eurolist – B)
> Integration and administration of a SAP BFC unified information system
6
INTERIM MANAGEMENT
& ACCOUNTING SUPPORT
« Thanks to our
expertise in the
accounting and
financial sectors,
our more than 80
highly qualified
professionals provide
dedicated and
immediate operational
assistance to financial
directors. »
Accounting and tax matters Temporary replacement
Assistance with preparation of accounts and tax declarations
Assistance with outsourcing the accounting function
Transaction services
Vendor and acquisition due diligence
Valuation
Financial engineering
Vendor and acquisition consulting
Daniel Muckenhirn, Partner
[email protected]
Management accounting
Assistance implementing management tools
Temporary replacement of managerial accountants
Part time management control outsourcing
Internal control
Risk management
Project management and assistance with line managers
Temporary replacement of internal auditors
Project management
unctional specifications and drawing up accounting outlines
F
Assistance with and acceptance of data migration
Finding and solving dysfunctions
Typical assignments:
> Temporary replacement of a financial controller in the chemical sector
> Operational assistance with setting-up of a shared service centre
> Implementation and coordination of the Sarbanes-Oxley project in a group’s European subsidiaries
> Definition of acquisition price for an oil services group
> Assistance with all accounting and financial matters provided to a distressed medium-sized enterprise
> Assistance with data migration (PeopleSoft) for a software editor
7
ORGANIZATION
& INFORMATION SYSTEMS
CONSULTING
« Based on their
functional and
technical skills
in the area of
accounting, financial
and management
information systems,
our consultants will
help you control
and manage your
increasingly
complex projects
of transformation. » Jean-Christophe Lemiere, Partner
[email protected]
Project management office
anagement of a portfolio of projects in terms
M
of “quality, cost, deadline and risk” targets
Change management
Management consulting
Process optimisation of the accounting function
Organisation chart restructuring, including establishment
of job descriptions
Decision management
Audit of existing processes and writing of specifications
Detailed demonstrations and comparative analysis of IT system options
eProject
(AMOA) management
omplete project management during integration of a new information
C
system
Project management of maintenance and developments of management
information systems
Typical assignments:
> Join a Project Management Office to take part in the management of a portfolio of projects in the financial
department of a major bank
> Reorganize the accounting function further to the merger of two insurance broking houses
> Help select a decision solution in a private real estate company
> Project management of implementation of an integrated real estate software package
8
BANKING
FINANCE
& INSURANCE
« Our team of experts
provides assistance
to financial directors
and professions in all
the processes of the
back-middle-front office
chain. » Bank
Bank accounting and taxation
Regulatory assistance
Accounting standards
Project management
Jean-Christophe Lemiere, Partner
[email protected]
Finance
Accounting management of UCITS
Valuation of financial instruments
Portfolio valuations
Family office
insurance
General and IFRS accounting
Accounting and technical management / life and non-life
Actuarial services and inventories / life and non-life
Cash management
Management accounting
Back/middle office investments
Risk Management and internal audit
Typical assignments:
> Preparation of statutory statements: SURFI, COREP, FINREP, SOLVENCY II
> Preparation of accounts and review of accounting processes
> Valuation of impacts resulting from new French and IFRS accounting standards
> Valuation of financial instruments and risk management
> Actuarial services and inventories / life and non-life
9
REAL ESTATE & PUBLIC SECTOR
A C C R E D I T E D
ISAE 3402 & SSAE 16
TYPE II
« In the area of Real
Estate and public
asset management,
our team of 45
professionals offers
a full range of
services: accounting
and tax expertise,
organisation and
information systems
(property, asset
management…),
consolidation,
due diligence and
statutory audits. »
REAL ESTATE
Accounting
- Account outsourcing
- Temporary Accounting/Financial Staff replacement
- Implementation of accounting standards
Accounting and financial consulting
- Assistance with acquisitions/sales
- Project management (accounting systems and property management)
- Real Estate valuation
Real Estate tax assistance
- SIIC system (French REITS), OPCI, VAT, other taxes relating to assets…
PUBLIC SECTOR
Gerard Jolly, Partner
[email protected]
Didier Clément, Partner
[email protected]
Accounting
- Accounting and tax assistance (SEM, OPAC, public corporations…)
- Temporary Accounting/Financial Staff replacement
- Training
Accounting and financial consulting
- Financial management of public corporations
- Advice on local and Public Leases
- Assistance with public operations
(DSP - public service delegation, town planning…)
Audit
Typical assignments:
> Assistance with incorporation of a SIIC structure (French REIT)
> Account and tax outsourcing for the entities of a Real Estate fund
> Prospective financial analysis in the town planning and social housing areas
> Accounting and financial assistance provided to a semi-public company (SEM)
> Optimizing Organization and Public Authority relation based on tested models
10
Tel: +33 (0)1 49 68 20 00
Tour Opus 12 - La Défense 9
77, esplanade du Général de Gaulle
92914 Paris La Défense Cedex - France
www.primexis.eu