At EY, youll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And were counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. EY GDS - Assurance FAAS - Senior As part of our EY-Assurance Team, the individual will be responsible for working closely with FAAS Assistant Managers, Managers and Senior Managers on client engagements across Americas and EMEIA. The opportunity Were looking for an incumbent who is competent enough to provide advisory services including Accounting and regulatory support for GAAP Conversion and implementation; IPO and other public offering assistance, transaction accounting and financial reporting assistance (purchase price allocation, divestiture accounting).Were looking for an incumbent who is competent enough to provide 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). Your key responsibilities
Manage quality of service delivery
Execute the following FAAS solutions using Global service delivery framework:
Accounting and PMO support for transactions such as purchase price accounting, divestiture/carve-out accounting, IPOs, SPACs and/or Fresh start (Bankruptcy) accounting
Preparation of financial statements/MD&A
GAAP conversion
Accounting policy and governance
Accounting Processes
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 GDS FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations
Receive direction from the Manager, Senior Managers
Skills and attributes for success
Good understanding of IFRS/US/UK GAAP.
Good understanding of Indian accounting and auditing 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
Flexibility and willingness to travel on short notice, as necessary
Working experience in relation to the following services/solutions (atleast 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
Audit Remediation and readiness
Benchmarking services and market analysis
To qualify for the role, you must have
Chartered Accountant (CA), CPA (US) or ACCA (UK)
2-5 years (post qualification) in Assurance including at least 1 years of Financial Accounting and Advisory experience
Candidates with prior Big4 experience would be an added advantage
Ideally, youll also have
Interest in business and commerciality.
What we look for
A Team of people with commercial acumen, technical experience and enthusiasm to learn new things in this fast-moving environment
An opportunity to be part of a market-leading, multi-disciplinary team of 7200 + professionals, in the only integrated global assurance business worldwide.
Opportunity to work with EY GDS Assurance practices globally with leading businesses across a range of industries
What working at EY offers At EY, were dedicated to helping our clients, from start-ups to Fortune 500 companies and the work we do with them is as varied as they are. You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:
Support, coaching and feedback from some of the most engaging colleagues around
Opportunities to develop new skills and progress your career
The freedom and flexibility to handle your role in a way thats right for you
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
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