FAAS - Senior

About EY Global Delivery Services (GDS) Assurance

EY Global Delivery Services (GDS) Assurance practice supports global EY client–serving teams with their reviews across industry sectors, including financial services, manufacturing and technology, among others. Through the right multidisciplinary team of professionals with the sector knowledge and subject matter expertise, EY GDS Assurance enables EY client teams in over 30 countries to help world’s leading companies meet their audit requirements.

Position Summary

Financial Accounting Advisory Services (FAAS) professionals provides advisory services including Accounting and regulatory support for accounting change and special matters; accounting processes and controls support.

We are looking for a professional to join EY FAAS, having expertise across the FAAS solutions and specifically for engagements related to Process and Control, GAAP Conversion and implementation; IPO and other public offering assistance and transaction accounting and financial reporting assistance.

The Senior should be competent to support a portfolio of clients and be responsible for the timeliness and quality of the work as per EY Global Standards for our FAAS team. While the Senior will be based out of our Cochin or Trivandrum offices, the individual will be responsible for supporting EY practices and clients across the MENA Market. Also, the individual will be required to travel to other countries (short-term/long term) for executing the client engagements.

Primary Responsibilities

The Senior will be responsible for the following tasks:

• Manage quality of service delivery


• Execute the following FAAS solutions using Global service delivery framework:
  
  
  
  • Financial Accounting, Consolidation and Reporting Excellence
  
  
  • Finance Processes
  
  
  • Regulation, Governance and Financing
  
  
  • Remediation and readiness
  
  
  
  


• Supporting engagement planning, budgeting, execution and management


• Participating in meetings and interviews with client personnel


• 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


• Explain the client's critical success factors to the engagement team.


• Identify engagement and client service issues. Benchmark client data to industry data in order to make possible recommendations for improvements


• Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.


• Demonstrate a good understanding of accounting concepts; stay informed of professional standards and firm policies (e.g., guidelines of the EY FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations


• Receive direction from the Manager, Senior Manager and Partner


• Supporting the development and management of the relationships with external and internal (EY) clients


• Supporting development of new service offerings and go-to-market strategies


• Supporting other ad-hoc internal initiatives geared towards improving our group’s efficiency, effectiveness and integration with other service lines

Qualifications, skills and experience

To qualify, candidates must have:

• Chartered Accountant (CA), CPA (US) or ACCA (UK) with 2-5 years in Assurance including at least 1-2 years of Financial Accounting and \Advisory experience


• Good understanding of IFRS/US/UK GAAP and International auditing standards


• GAAP conversions and implementation of new accounting standards


• Working experience in relation to the following services/solutions (at least three):
  
  
  
  • GAAP conversions and implementation of new accounting standards
  
  
  • Drafting and designing accounting policies
  
  
  • Technical accounting research and advice
  
  
  • Consolidation and Compilation support
  
  
  • Financial statement close process support
  
  
  • Transaction accounting and reporting – IPO’s , Carve Outs , PPA etc
  
  
  • Remediation and readiness
  
  
  • Benchmarking services and market analysis
  
  
  
  


• Strong problem solving and analytical skills


• Good listening skills, inquisitive nature, intellectual curiosity and self-starter qualities


• Effective written and verbal communication skills with demonstrated ability to present complex information in a concise and clear manner


• Ability to interface with all levels of management (EY and clients)


• Experience working on multiple projects under tight deadlines


• Willingness and ability to travel