FAAS - Manager
Job description
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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 Managed Services, financial reporting assistance and Finance Transformation.
The Manager 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 Manager 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 Manager will support teams of FAAS professionals during engagements covering a broad spectrum of areas. The Manager will be responsible for the following tasks:
- Collaborate with Senior Managers and the Partners to execute a FAAS strategy that satisfies high client expectations, support the planning, budgeting, execution and delivery of the engagements
- Contribute actively in the FAAS engagement team to understand and respond to the client's needs and expectations and develop a client-focused, clear, accurate and well-presented work product
- Execute the following FAAS solutions using Global service delivery framework and ensure work is delivered in a timely manner and in compliance with EY high standard requirements:
- Financial Accounting, Consolidation and Reporting Excellence
- Finance Processes
- Regulation, Governance and Financing
- Remediation and readiness
- Participating in meetings and interviews with client personnel
- Knowledge and working experience on business processes including record to report, plan-to-perform, order-to-cash, and procure-to-pay an asset
- Implementation of Finance Performance & Financial Risk management solutions
- Implementation of new technology (Cloud, ERP, FP&A solution) and optimization of Finance Systems to arm CFO offices for the future
- Identify engagement and client service issues. Benchmark client data to industry data in order to make possible recommendations for improvements
- Ability and flexibility to work alongside team members and manage team to ensure the timely completion of work deliverables, and manage time spent against budget
- Explain the client's critical success factors to the engagement team.
- 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; and effectively apply this knowledge to moderately difficult and/or complex client situations
- 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
- Participating in development of proposals related to our offerings
- Supporting other ad-hoc internal initiatives geared towards improving our group’s efficiency, effectiveness and integration with other service lines
- Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.
Qualifications, skills and experience
To qualify, candidates must have:
- Chartered Accountant (CA), CPA (US) or ACCA (UK) with 5-8 years in Assurance including at least 2-3 years of Financial Accounting and \Advisory experience
- MBA degree is a plus
- 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 and operation policies and procedures
- 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
- IT system exposure is highly preferred (e.g., SAP, Oracle etc)
- 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 managing multiple projects under tight deadlines
- Willingness and ability to travel approximately 50% to 80% of the time
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