Financial Accounting & Advisory Services (FAAS) Senior Associate

Full time

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EY is a globalleader in assurance, tax, transaction and advisoryservices. The insightsand quality services we deliver help build trust and confidence in the capitalmarkets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In 
so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

About EY’s Global Delivery Services (“GDS”):  

EY Global DeliveryServices (GDS) Assurancepractice supports globalEY 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 Assuranceenables EY client teams in over 30 countries to help world’s leading companies meet their audit requirements.

Job Description:

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 (remediation, long-term contract accounting and cost accounting); GAAP Conversion and implementation; IPO and other public offering assistance and transaction accounting and financial reporting assistance (purchase price allocation). 

The Senior should be competent to manage a portfolio of clients and be responsible for the timeliness and quality of the work as per EY Global Standards for our FAAS team. The role requires technical knowledge of IFRS/US/UK GAAP along with well-developed communication skills. While the Senior will be based out of our Manila office, the individual will be required to travel to other Countries (short term) for executing the client engagements. 

Key Responsibilities include:  

Execute the following FAAS solutions using Global service delivery framework: 

• Financial Accounting and Reporting Excellence 
• Accounting Processes 
• Regulation, Governance and Financing 
• 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 

• Identify engagement and client service issues. Research and benchmark client data to industry 

data. 

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

Skills & Attributes for Success:

• Certified Public Accountant (CPA) 
• 2-4 years (post qualification) in relevant experience including at least one year of experience 
  
   
• Good understanding of IFRS, US/UK GAAP 
• 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 

• Flexibility and willingness to travel on short notice, as necessary 
• Working experience in relation to the following services/solutions (at least three): 

o Financial statement close process support

o Financial statement preparation

o Drafting and designing accounting policies 

o Accounting support for audit requirements

o GAAP conversions and implementation of new accounting standards 
o Technical accounting research and advice 

o Consolidation and Compilation support 

o Transaction accounting and reporting – IPO’s, Carve Outs, PPA etc. 

o Benchmarking services and market analysis 

Your application will include the following questions:

What's your expected monthly basic salary?

EY Global Delivery Services (GDS) is a dynamic global delivery network working across ten locations – Argentina, China, India, Poland, UK, Hungary, Sri Lanka, Mexico, Spain, and the Philippines – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. By combining skilled professionals, automation and advanced technology to build new solutions and services, EY GDS helps EY teams transform the client experience and deliver greater value, increasing efficiency and agility for clients while maintaining the same high quality and global standards that the EY organization is renowned for – from anywhere in the world. In the Philippines, EY GDS was set up in Manila in 2015. Starting out with just 25 employees, it has now grown to an organization with a strong 4,500+ headcount.

EY Global Delivery Services (GDS) is a dynamic global delivery network working across ten locations – Argentina, China, India, Poland, UK, Hungary, Sri Lanka, Mexico, Spain, and the Philippines – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. By combining skilled professionals, automation and advanced technology to build new solutions and services, EY GDS helps EY teams transform the client experience and deliver greater value, increasing efficiency and agility for clients while maintaining the same high quality and global standards that the EY organization is renowned for – from anywhere in the world. In the Philippines, EY GDS was set up in Manila in 2015. Starting out with just 25 employees, it has now grown to an organization with a strong 4,500+ headcount.

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