EY India | FAAS MS - Investment Accounitng Senior

Responsibilities

• The team brings the desired environment, technologies, and skilled teams together for facilitation, rapid prototyping, and innovative thinking.
• The Opportunity We are looking for a seasoned professional who will be responsible for driving timely, high-quality delivery in line with project requirements for our FAAS team while bringing strong investment accounting expertise.
• The role requires independent ownership of complex accounting and reporting processes, strong review capabilities, and the ability to guide teams through critical deliverables.
• This position will play a key role in ensuring accurate financial reporting, compliance with regulatory requirements, operational discipline, and continuous process enhancement while maintaining strong client and stakeholder confidence.
• Stakeholder Management: Act as a key point of contact for investment accounting queries, audits, and client interactions.
• Support and review quarter-end and year-end financial reporting, including statutory filings such as Schedules and related disclosures.
• Ensure timely delivery of reporting packs in line with close timelines and audit requirements Identify and escalate complex technical accounting matters and support resolution.
• Reconciliation & Controls: Perform and review month-end and quarter-end reconciliations, ensuring all balances are accurate and fully supported.
• Investigate and resolve variances across sub-ledgers, custodial data, and general ledger.
• Maintain strong control over investment accounting processes, ensuring alignment with established control frameworks.
• Identify, assess, and escalate key control, valuation, and reporting risks, and support remediation efforts.
• Ensure compliance with NAIC statutory reporting guidelines, including Schedule BA and related investments.
• Review classification and accounting treatment of investments, ensuring alignment with accounting policies and standards.
• Analyze key drivers of movement including purchases, sales, income, impairments, contributions, and distributions.
• Support preparation of management reporting, disclosures, and audit documentation.
• Coordinate with internal teams, auditors, and clients to ensure timely resolution of issues.
• Provide clear updates, track open items, and ensure effective communication with stakeholders.
• Drive efficiency improvements using tools such as Excel and automation solutions.
• Develop and maintain SOPs, process documents, and control checklists to ensure consistency and scalability.
• Contribute to engagement delivery by balancing quality, timeliness, stakeholder expectations, and continuous service improvement across the assigned processes.
• Process Improvement & Automation: Identify opportunities for automation and standardization in reconciliation and reporting processes.
• Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.
• Process Improvement Mindset: Proactive in identifying efficiency improvements and automation opportunities.

Skills

• Knowledge support to our clients around the world.
• Experience with portfolio accounting and management systems.
• Hands-on experience with Other Invested Assets / Schedule BA, D and other reporting.
• Knowledge of US GAAP and NAIC STAT reporting requirements.
• Ability to perform detailed reconciliations, flux analysis, and root cause analysis.
• Strong problem-solving mindset with attention to detail.
• Process & Control Orientation: Experience in month-end close, reconciliations, and control frameworks.
• Ability to identify control gaps and support improvement initiatives.
• Proficiency in PivotTables, Macros reconciliations, data validation, and large dataset handling.
• Experience with cross-file comparisons and automation tools.
• Leadership & Team Management: Ability to review work, coordinate with team members, and support timely delivery against deadlines.
• Strong coaching and mentoring skills.
• Communication & Stakeholder Management: Ability to communicate complex accounting topics clearly and professionally.
• Experience working with global stakeholders and auditors.
• Comfortable working on transformational initiatives.
• Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices, and modern technologies.
• Time Management: Ability to manage multiple priorities during close cycles.
• Strong focus on meeting strict reporting timelines.
• Ability to identify risks early, exercise sound judgment, and escalate issues to senior stakeholders in a timely manner.
• Strong stakeholder coordination and delivery support skills, with focus on quality, governance, and continuous improvement.
• Proficiency in MS Office including MS Excel Flexibility and willingness to travel on short notice, as necessary.
• Effective communication, Interpersonal, Analytical Skills & highly proactive in approach What we look for CA, ACCA (UK), CPA, or other relevant qualification 3-6 years relevant experience including experience in Investment accounting.

EY (Ernst & Young)

EY is one of the Big Four professional services networks, providing assurance, tax, consulting and strategy-and-transactions services. The network in its present form came from the 1989 merger of Ernst & Whinney and Arthur Young.

In India, EY member firms and EY Global Delivery Services employ large finance teams. Typical openings for chartered accountants and finance professionals are in financial accounting advisory (FAAS), audit, tax, risk and transaction services.

• Industry: Assurance, tax, consulting and transactions (Big Four)
• Headquarters: London, UK
• In India: EY member firms and EY Global Delivery Services centres in several Indian cities