and Consultancy dedicated to groups and subsidiaries of international companies
an organization structured to deliver high quality professional assistance With 300 employees, primexis is France s functional departments leading independent accounting and consulting firm for French branches and subsidiaries of international groups. INTERNATIONAL BUSINESS SERVICES Bookkeeping, Reporting, Compilation Holding / Tax consolidation Special Purpose Vehicles (SPV) Immediate operational approach dedicated to general, accounting and financial directors. PAYROLL & HR ADMINISTRATION INTERNATIONAL BUSINESS SERVICES payroll Bookkeeping, Reporting, Compilation Highly confidential payroll / Impatriates Holding / and Expatriates Tax consolidation Payroll assistance Special Purpose Vehicles (SPV) 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. GROUP CONSOLIDATION & PAYROLL REPORTING & HR ADMINISTRATION INTERIM MANAGEMENT & GROUP ACCOUNTING SUPPORT CONSOLIDATION & REPORTING Assistance and optimisation payroll and tax matters Assistance and optimisation Highly confidential payroll / Impatriates and Expatriates Transaction services Payroll assistance Management accounting Group information systems integration Internal control Group information systems integration Primexis Cloud (SAP BFC) Primexis Cloud (SAP BFC) Guarantee of independence Primexis has all the advantages of a major accounting firm and guarantees long-lasting assistance with no risk of incompatibility. ORGANIZATION & INTERIM INFORMATION SYSTEMS MANAGEMENT CONSULTING & ACCOUNTING SUPPORT and office tax matters Management consulting Transaction services Decision Management accounting Internal control 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. BANKING Bank Finance Insurance FINANCE ORGANIZATION Management Decision & INSURANCE INFORMATION consulting SYSTEMS sector departments office CONSULTING REAL ESTATE & PUBLIC SECTOR BANKING FINANCE & INSURANCE Real Estate Public Sector Bank Finance Insurance REAL ESTATE & PUBLIC SECTOR Real Estate Public Sector
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 didier.hemion@primexis.eu 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 of payments Holding / Tax consolidation and tax processing of restructuring operations Translation of complex transactions Management of tax consolidation Special Purpose Vehicles (SPV) Structured finance, CDO transactions, tax and IFRS reporting and tax advisory 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 christine.clerin@primexis.eu payroll Management of registration with URSSAF for the representative 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 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 > 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 > and tax of 160 SPV for a major French bank Review and formalization of payroll regulations Assistance with historical and employees data migration Tests and acceptance of designed parameters Assistance with start-up > administrative of an isolated employee for companies not established in France ( representative of a foreign company ) > Payroll 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 4 5
GROUP consolidation & REPORTING INTERIM MANAGEMENT & ACCOUNTING SUPPORT «With four service «Thanks to our lines, our 45 consultants offer you the widest Assistance and optimisation expertise in the accounting and and tax matters range of services dedicated to Assistance with preparation of consolidated accounts and reporting Management of consolidation departments financial sectors, our more than 80 Temporary replacement Assistance with preparation of accounts and tax declarations consolidation and reporting.» Sebastien Courbe, Partner sebastien.courbe@primexis.eu Processing complex transactions and accounting consultancy Optimisation of processes and closing deadlines Drawing up procedures and training Specifications and design Tests and approval of software parameters Documentation and training highly qualified professionals provide dedicated and immediate operational assistance to financial directors.» Daniel Muckenhirn, Partner Assistance with outsourcing the accounting function Transaction services Vendor and acquisition due diligence Valuation Financial engineering Vendor and acquisition consulting Data migration Assistance during the transition period daniel.muckenhirn@primexis.eu Frederic Meunier, Partner Management accounting frederic.meunier@primexis.eu Assistance implementing tools / primexis cloud Temporary replacement of managerial accountants Part time control outsourcing Organisation and process securing Data collection, verification and consolidation processing Preparation of the financial statements (IFRS/CRC) Internal control Relations with statutory auditors and the securities and markets authority primexis Cloud: Consolidation and Reporting platform Accessibility in Saas mode (SAP BFC) Risk and assistance with line managers Temporary replacement of internal auditors Group information systems integration Specifications Definition and implementation of SAP BFC parameters (Magnitude) Definition and design of interfaces Functional specifications and drawing up accounting outlines Assistance with and acceptance of data migration Finding and solving dysfunctions Technical architecture and migrations Application maintenance > 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 > 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 6 7
ORGANIZATION & INFORMATION SYSTEMS CONSULTING BANKING FINANCE & INSURANCE «Based on their functional and technical skills in the area of accounting, financial and information systems, our consultants will help you control and manage your increasingly complex projects of transformation.» Jean-Christophe Lemiere, Partner jean-christophe.lemiere@primexis.eu office Management of a portfolio of projects in terms of quality, cost, deadline and risk targets Change Management consulting Process optimisation of the accounting function organisation chart restructuring, including establishment of job descriptions Decision Audit of existing processes and writing of specifications Detailed demonstrations and comparative analysis of IT system options «Our team of experts provides assistance to financial directors and professions in all the processes of the back-middle-front office chain.» Jean-Christophe Lemiere, Partner jean-christophe.lemiere@primexis.eu Bank Bank accounting and taxation Regulatory assistance standards Finance of UCITS Valuation of financial instruments Portfolio valuations Family office e (AMOA) Complete project during integration of a new information system project of maintenance and developments of information systems insurance General and IFRS accounting and technical / life and non-life Actuarial services and inventories / life and non-life Cash Management accounting Back/middle office investments Risk Management and internal audit > Join a Management Office to take part in the 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 of implementation of an integrated real estate software package > 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 > actuarial services and inventories / life and non-life 8 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, our team of 45 professionals offers a full range of services: accounting and tax expertise, organisation and information systems (property, asset ), consolidation, due diligence and statutory audits.» Gerard Jolly, Partner gerard.jolly@primexis.eu Didier Clément, Partner didier.clement@primexis.eu REAL ESTATE - Account outsourcing - Temporary /Financial Staff replacement - Implementation of accounting standards and financial consulting - Assistance with acquisitions/sales - (accounting systems and property ) - Real Estate valuation Real Estate tax assistance - SIIC system (French REITS), OPCI, VAT, other taxes relating to assets PUBLIC SECTOR - and tax assistance (SEM, OPAC, public corporations ) - Temporary /Financial Staff replacement - Training and financial consulting - Financial of public corporations - Advice on local and Public Leases - assistance with public operations (DSP - public service delegation, town planning ) Audit > 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 > 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