FAAS - ECRA FS - Manager

At EY, you’ll 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 we’re 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 – FSO – WAM Manager

At EY, you’ll 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 we’re 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.

In a world that’s changing faster than ever, our purpose acts as our ‘North Star’ guiding our more than 300,000 people – providing the context and meaning for the work we do every day. In doing so, we play a critical role in building a better working world for our people, clients, and communities. Thanks to our innovative services in auditing, tax consulting as well as transaction and management consulting, we proudly drive our clients into the future.

From small businesses to some of the world’s best-known brands, our clients count on reliable financial statements, information, and processes to inform their ongoing strategies. More than ever, business is about interpreting and reacting to complex data — and they look to us for advice and services they can trust every time. You’ll use your professional skills and experience to make it happen, so whether you’re looking for a long-term, or are interested in progressing on to other areas, this is a great place to be. As the only one of the Big 4 with a specialist cross-border practice dedicated to the Financial Services Sector, we offer our clients seamless, consistent, and high-quality services around the globe. With our Assurance Services, we strengthen public confidence in global capital markets and promote sustainable growth. If you’re looking to develop your individual skills whilst working in interdisciplinary and multicultural teams, come join us!

The opportunity

The position is specifically for Wealth & Asset Management sector. We’re looking for an incumbent who has extensive knowledge of the wealth and asset management business drivers and financial sector. He should competent enough to provide advisory services including finance optimization, system implementation, financial statement close process support, regulatory and statutory reporting, advanced data readiness & analytics, audit and control support. The incumbent will work for top global clients across a wide variety of markets and industry sectors thus experience of working with clients in either the financial services or more specifically WAM sector is preferred.

As part of our EY GDS Assurance Team, the individual will be responsible for working closely with FAAS Assistant Managers, and Senior Managers on client engagements across Americas, EMEIA or APAC.

Your key responsibilities

• Be a coach / mentor to a team of Seniors and Staff’s and train them to deliver high Quality industry specific work on time and within the time estimates made and agreed with the US engagement teams / key stakeholders.
• Develop and maintain relationships with key EY industry leaders and contacts to grow GDS business.
• Establishing expectations of value to be delivered on the engagements worked on from GDS.
• Building fund accounting knowledge and capabilities within the GDS teams.
• Contribute to technical/functional and soft-skills training to continually develop the team's skills on industry specific areas of work.
• Be a performance manager to guide and coach GDS professionals on career advancement and provide continuous feedback throughout the performance year on their development areas.
• Actively participate and lead overall performance development and feedback process at team level and at overall GDS level.
• Ensure quality of service delivery
• 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.
• 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 Senior Manager and Partner
• Co-ordinating activities between small teams on projects to deliver tasks, including providing guidance and feedback to junior team members
• Running practice development activities including contributing to thought leadership pieces, running industry events, delivering training, or managing team communications
• Aiding proposals and bid teams in delivery of high-quality proposals
• Developing strong internal and external networks for long term relationships, managing EY accounts and to bring all EY to clients
• Driving innovation by creating an environment that encourages innovation and being a leader in this area by implementing new and improved ways of working, delivery models and / or technological advancements
• Establishing and managing effective working relationships with peer-level clients as part of project delivery roles
• Contributing to business development activities to help identify and research opportunities on new / existing clients
• Contributing to the growth of the practice by providing input to EY Point of views, development of solutions, engagement tools and enablers
• Contributing to the development of your own and the team's technical skills by establishing a culture of highest performing teams, inclusive behaviours, and emotional intelligence

Skills and attributes for success

• Sound understanding of US GAAP/UK GAAP/ IFRS
• Previous Wealth and Assets Management experience / knowledge essential – especially Private equity and Real estate.
• Prior team and people management skills and ability to handle stakeholder relationships are essential.
• Able to apply logic and problem solving to complex Finance business problems
• Take personal responsibility for the quality of delivery
• Instil a positive team mentality, even when under pressure, by treating their colleagues well and creating an inclusive culture
• Extremely comfortable and confident around senior stakeholders, internally and externally
• Extremely comfortable with Excel and PowerPoint. Much of our work involves detailed analysis and report writing, so it is critical you can work with these tools
• 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

Professional experience:

Typical experience may include, whilst not limited to:

• Strong working knowledge of accounting and financial reporting for real estate funds, private equity funds, and other alternative investment vehicles.
• Hands-on experience in fund accounting and the preparation of financial reports for alternative investment structures, including real estate and private equity.
• Understanding of complex fund structures such as Master-Feeder, Fund of Funds, and Blocker Entities, as well as familiarity with various investment products including equities and derivatives, and their associated accounting treatments.
• Proficiency in fund administration platforms such as Investran, Yardi, eFront, or similar systems.
• Exposure to operational processes such as NAV finalization, reconciliations, management and investor reporting, capital account maintenance, and P&L allocations.
• Experience in preparing complete sets of financial statements, including - Statement of Assets, Liabilities and Partners’ Capital, Statement of Operations, Statement of Changes in Partners’ Capital, Statement of Cash Flows, Schedule of Investments, Notes to Financial Statements with all required disclosures.
• In-depth understanding of fund accounting principles, investment fund structures, the lifecycle of real estate and private equity funds, various fee structures, calculation of management fees and performance fees including carried interest, preferred return and clawback provisions.
• Knowledge in areas such as finance function optimization, ERP/system implementations, financial close processes, statutory and regulatory reporting, consolidation reporting, data readiness and analytics, and governance, risk, and control frameworks.
• Proven hands-on experience at a Big 4 or top-tier consulting firm within Financial Services, or in leading transformation initiatives or line functions within fund managers, fund administrators, or other financial services organizations.

To qualify for the role, you must have

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• 6-9 years (post qualification) in Big 4s/ fund houses/ leading audit firms

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, we’re 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 that’s 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. 

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.