Controllership Transformation Core

EY; Pune District; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

EY in Pune invites experienced FAAS professionals to lead and deliver finance transformation projects for asset, wealth, banking and private equity clients. You will work as a subject matter expert in investment and fund accounting, leveraging BlackRock Aladdin and Clearwater Analytics to optimize processes and reporting.

The role focuses on transforming operating models, driving process improvements, and delivering client-ready deliverables and roadmaps in a dynamic, multinational setting.

Qualifications

• Qualified professional with investment accounting, fund accounting and private equity accounting experience.
• Strong understanding of portfolio accounting and investment operations.
• Experience with IFRS/US GAAP in financial reporting and reconciliations.

Responsibilities

• Lead and support Finance Transformation engagements across asset and wealth management, investment management, banking, insurance and private equity clients.
• Act as SME in investment and private equity accounting processes.
• Leverage Aladdin and Clearwater Analytics to design and optimize investment accounting and reporting.
• Support business process design, target operating model development and finance transformation initiatives.
• Analyze end-to-end investment lifecycle processes from trade capture to reporting.
• Collaborate with cross-functional stakeholders to deliver transformation programs.
• Assist data migration, reconciliation and process standardization.

Skills

Investment Accounting

Fund Accounting

Private Equity Accounting

Portfolio Accounting

Investment Operations

Financial Reporting

Reconciliations

Education

CA/CPA/ACCA/CFA/MBA (Finance) or equivalent

Tools

BlackRock Aladdin

Clearwater Analytics

Job description

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 FAAS (Controllership Transformation) - Senior position

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.

The opportunity

Financial Accounting Advisory Services (FAAS) professionals provide advisory services including Accounting and regulatory support for accounting change and special matters; accounting processes and controls support.

Within EY FAAS practice, the Finance Transformation Experts team build and develop client relationship with our regional stakeholders. We are part of an integrated global network of professionals who develop, design and optimise client service business processes for efficiency and high performance. We leverage and improve various frameworks, methodologies, solutions specific to our offerings and articulate presentations that communicate proposals, strategies, plans and outcomes.

Your key responsibilities

Technical Delivery and Subject Matter Expertise -

• Lead and support Finance Transformation engagements across Asset & Wealth Management, Investment Management, Banking, Insurance, and Private Equity clients.
• Act as a subject matter expert in Investment Accounting, Fund Accounting, and Private Equity Accounting processes.
• Leverage expertise in BlackRock Aladdin and/or Clearwater Analytics to assess, design, and optimize investment accounting and reporting processes.
• Support business process design, target operating model development, and finance function transformation initiatives.
• Analyze and improve end-to-end investment lifecycle processes, including trade capture, valuation, reconciliation, accounting, and reporting.
• Support requirements gathering, solution design, testing, UAT, and deployment activities.
• Collaborate with finance, operations, technology, and business stakeholders to deliver strategic transformation programs.
• Support data migration, reconciliation, and process standardization initiatives.
• Prepare client deliverables, process documentation, operating procedures, and transformation roadmaps.

Business Development & Solution Development -

• Support proposal development, RFP responses, POVs, and client presentations.
• Contribute to the development of Finance Transformation solutions focused on Investment Accounting and Investment Operations.
• Identify opportunities for process optimization, automation, and technology enablement.
• Develop thought leadership, market insights, and solution accelerators related to Aladdin, Clearwater, and Finance Transformation.
• Build strong client relationships and support business growth initiatives within the Financial Services sector.
• Collaborate with cross-functional teams to develop innovative and scalable transformation offerings.

Skills and attributes for success

Subject Matter and Technical Skills -

• Strong understanding of:
  • Investment Accounting
  • Fund Accounting
  • Private Equity Accounting
  • Portfolio Accounting
  • Investment Operations
  • Financial Reporting and Reconciliations
• Knowledge of financial instruments including:
  • Equities
  • Fixed Income Securities
  • Derivatives
  • Private Equity Investments
  • Alternative Investments
• Understanding of investment lifecycle processes from trade execution through accounting and reporting.
• Working knowledge of accounting frameworks such as IFRS and US GAAP.
• Hands-on experience with BlackRock Aladdin and/or Clearwater Analytics platforms.
• Understanding of:
  • Investment Book of Record (IBOR)
  • Accounting Book of Record (ABOR)
  • Security Master Data
  • Corporate Actions
  • Pricing & Valuation
  • Investment Performance Reporting
  • Portfolio Reconciliations
• Exposure to Finance Transformation, Operating Model Design, Process Improvement, and Digital Transformation initiatives.

Business Skills and Knowledge –

• Very strong solution conceptualization/ideation skill
• Strong solution/product build skills

Human Skills –

• Flexible work attitude
• Proven ability to lead diverse team over multiple geographies
• Ability to comprehend complexity quickly & apply solutions
• Comfort in dealing with ambiguity
• Strong entrepreneurial skills in terms of ownership of problem & solutions
• Ability to perform effectively under pressure and deliver results
• Willingness to travel for short or long duration at short notice

To qualify for the role, you must have

• CA, CPA, ACCA, CFA, MBA (Finance), or equivalent professional qualification.
• 2–5 years of relevant experience in Financial Services, with mandatory experience in:
  • Investment Accounting
  • Fund Accounting
  • Private Equity Accounting
• Hands-on experience with BlackRock Aladdin and/or Clearwater Analytics.
• Experience supporting finance, accounting, reporting, or investment operations functions.
• Strong understanding of investment products, portfolio accounting, and financial reporting processes.
• Experience in Finance Transformation, process improvement, or operating model initiatives.
• Ability to translate business requirements into functional solutions and actionable recommendations.
• Excellent communication, analytical, and stakeholder management skills.
• Experience of working with international clients preferred
• Experience with previous multinational consulting firms or Big4 firms

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.

Select how often (in days) to receive an alert:

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.