Assistant Consultant - Financial Advisory (m/f) - Financial Accounting Advisory Services (FAAS)

At EY, the FAAS Team provides varying types of accounting and non-accounting services covering wide range of topics and experiences including (but not limited to):

• GAAP conversions
• complex accounting assessments
• financial reporting and consolidation
• finance process improvement
• financial analysis
• finance IT system migration
• audit remediation
• internal controls assessment
• regulatory reporting
• treasury and hedging
• technical finance training
• benchmarking and market analysis

Considering the close integration between finance and risk, the FAAS Team not only work with the Chief Financial Officer (CFO) but also with the Chief Risk Officer (CRO) in navigating and addressing financial, operational, and regulatory challenges that clients are facing.

Our team works with companies across various industries such as banks and other financial institutions, funds (private equity, private debt, real estate, etc) and commercial companies.

The Opportunity

We’re looking for an Assistant Consultant to join our expanding FAAS team and support our ambitious growth plans in the financial services sector. As trusted advisors, our FAAS teams help clients navigate finance and reporting challenges, driven by the changing economic and regulatory environment. We also act as agents for transformation of the finance function, guiding clients on their journey towards continuous innovation, data, process optimization, and the adoption of new technologies. The services we provide to our clients englobe (but not limited to) the following:

• • Business finance
• Financial planning and analysis
• Management Information System (MIS)
• Performance management processes

• • Specialized finance
• Outsourced accounting services or interim assistance
• Accounting & Reporting Advisory

• • Information & systems
• Identification of business requirements and vendor selection for the finance function
• Business support to the implementation of relevant IT applications
• End-to-end process automation for the following finance processes:
  • Financial closing process, consolidation and reporting
  • Cost accounting and budgeting process
  • Treasury

• • Process & policies
• Definition and update of policies and procedures
• Finance process optimization
• Optimization of internal controls over financial reporting
• Regulatory reporting support

• • Bridging finance and risk
• Data governance, strategy and data quality management around the finance and risk function
• Review of prudential ratios
• Support in credit risk management and remediation of supervisory recommendations

In return, you can expect world-class learning and development tailored to your unique interests and motivations. You’ll gain the skills, knowledge, and opportunities to progress and help us build a better working world for our people, clients, and communities.

Skills and Attributes for Success

• Basic understanding of accounting principles, financial reporting, and regulatory requirements.
• Proficiency in reviewing financial statements.
• Knowledge of IFRS and/or Luxembourg GAAP (or willingness to learn).
• Strong analytical skills and proficiency in Microsoft Office.
• Good communication skills and a proactive attitude.
• Strong financial and regulatory knowledge for Banks, Investment funds, investment firms or insurance.
• Knowledge of basic prudential reporting requirements and processes for banks, investment firms, and funds.

Key Responsibilities

• 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
• Ensure work is delivered in a timely manner and in compliance with EY high standard requirements
• Conduct research and analysis on accounting, regulatory matters or finance processes.
• Work with other service lines and subject matter experts in providing an integrated service delivery across functions in an international team to meet the client high expectations.
• Identify and communicate relevant trends, developments and key performance drivers relevant to the client and its industry.
• Assist in developing new opportunities related to new FAAS projects and relationships.

What We Look For

• University degree in Economics, Finance, Accounting, or related field.
• 1-3 years of relevant work experience.
• Fluency in English and French, German or Italian is a plus.
• Strong interest in financial advisory services.
• Strong writing and synthesizing skills.
• Curiosity, willingness to learn, and ability to adapt quickly to new or changing situations.
• Strong team spirit and ability to work efficiently in a team setup.
• Proactive, flexible and team-oriented with strong problem-solving skills.

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2026 a reality.

• In line with our corporate culture, we support you in developing your potential by focusing on topics of diversity, opportunity equality, life balance, further training, and internationality
• Gain experience - we want you to experience more at EY and for you to gain new insights within one of the leading audit and consulting companies
• Foster your development - you will explore our exciting working environment, receive individual mentoring and benefit from getting to know the broad spectrum of our clients
• Building a network - make valuable contacts for your further career and get to know colleagues with different skills, educational and geographical backgrounds. You will discover: The ways of working and thinking in a global company are diverse!