EY India | New-FAAS ECRA Senior

Responsibilities

• The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking.
• We’re looking for an incumbent who is competent enough to lead projects that provide advisory services specially accounting change and GAAP conversion for IFRS/ US GAAP.
• As part of our EY GDS Assurance Team, the individual will be responsible for working closely with FAAS Managers and Senior Managers on client engagements across Americas, EMEIA or APAC.
• Demonstrate knowledge on special accounting matters, new accounting pronouncements, technology oriented solution driven by accounting as a functional expertise.
• Manage quality of service delivery
• Ensure quality in delivering client service by directing daily progress of fieldwork, informing Supervisors of engagement status
• Follow through on client requests in a timely fashion, and manage expectations regarding the timing of deliverables and reports
• Working directly with the onshore engagement team on a daily basis to deliver work to onshore clients;
• Identify engagement and client service issues.
• Research and benchmark client data to industry data.
• Coordinating with on-shore technical accounting teams to understand their accounting issue(s) and provide research assistance on an as-needed basis on U.
• Work on a variety of corporate finance transactions in all stages, from initial client pitches to transaction closing.
• Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
• 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.
• Work on a variety of GAAP conversion and accounting matters through all stages, from initial client pitches to audit closing.
• Work on data Analysis, Research & update relating to accounting standards and regulations.
• Prepare comprehensive documentation outlining the conversion process and adjustments made.
• Work closely with senior analysts and managers to ensure accurate conversion processes.
• Identify and resolve discrepancies or issues in the GAAP conversion process and communicate the same to Managers in effective and timely manner.

Skills and attributes for success

• Good understanding of IFRS/US/UK GAAP/ GAAP Conversion and International auditing standards.
• Participate in training sessions and professional development opportunities to enhance knowledge of GAAP and related standards.
• Strong written and verbal communication, presentation and technical writing skills.
• Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies.
• Experience or working knowledge on IFRS 17/ASC 944 would be an added advantage.
• Experience of working in an advisory role.
• Skills and experience with: technical accounting matters, whitepapers on significant issues like consolidation, IFRS 15, 16, 9 and.
• Knowledge of IFRS 17 would be an added advantage (Corresponding standards in USGAAP as mentioned above).
• Hands-on consulting experience at a Big 4, or top tier consulting firm.
• 2-5 years (post qualification) in Assurance including at least 1 years of Financial Accounting and \ Advisory experience.
• A Team of people with commercial acumen, technical experience and enthusiasm to learn new things in this fast-moving environment.

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