FAAS-MS-Financial Reporting-Senior

Ernst & Young Advisory Services Sdn Bhd; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

EY's Global Delivery Services seeks incumbents for timely and high-quality financial accounting and reporting work for the FAAS team. The role emphasizes IFRS/GAAP expertise, experience with policy manuals and complex accounting topics, and collaboration across cross-functional teams.

The candidate will handle engagements focused on GAAP conversions, with emphasis on UK reporting requirements, and will coordinate with managers to deliver accurate, timely financial statements.

Qualifications

• CA, ACCA (UK) or CPA qualification required.
• 2-5 years relevant experience in financial reporting.
• Strong knowledge of IFRS or US GAAP, and UK GAAP.

Responsibilities

• Manage engagement delivery for financial accounting and reporting tasks for FAAS.
• Provide accounting advice on changes (IFRS adoption, revenue recognition) and develop manuals and memos.
• Understand reporting requirements for allocated countries, with focus on UK-based entities.
• Coordinate with managers and senior managers; supervise team members to ensure timely deliverables.
• Review metrics and ensure quality of client service and engagement status reporting.

Skills

IFRS GAAP

UK GAAP

Financial reporting

Education

CA/ACCA/CPA

Job description

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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.

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

About Global Delivery Services

Global Delivery Services refers to EY's worldwide network of service delivery centers. The GDS team plays an important role in EY’s strategy by ensuring effective support to EY’s growth agenda.

Our journey started in 2002 with approximately 200 people. Today we stand at 80,000+ professionals in ten locations around the world. We operate in Argentina, China, Hungary, India, Philippines, Poland, Sri Lanka, Mexico, Spain and the United Kingdom.

Client service is focused on providing Consulting, Assurance, Tax, Strategy & Transactions, and Knowledge support to our clients around the world. The teams enable account teams worldwide to provide seamless, high-quality, value-added support, helping deliver exceptional client service.

Enablement Services provides cost-effective, high-skilled, and innovative services to support EY’s global and local enablement teams. Markets, BMC, AWS, Finance and Accounting, Risk Management, Procurement, People Shared Services, IT Service Delivery and IT Global Infrastructure services, are among the services offered by Enablement Services.

Our innovation specialists serve the GDS Client Service and Enablement Services teams, along with Service Lines, Core Business Services and Sectors. The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking. The competencies offered include analytics, digital, user experience, mobile technology, infrastructure, Microsoft technologies and open innovation.

The Opportunity

We’re looking for incumbents who is responsible for the timeliness and quality of the work as per Project requirements for our FAAS team and possess strong accounting and financial reporting knowledge. The role requires prior experience and knowledge of financial reporting activities.

Your Key Responsibilities

• Assisting in Managing engagement delivery Financial Accounting and Reporting and GAAP conversions.
• Assistance in providing advice and assisting client team in accounting change (First time IFRS adoption, revenue recognition), accounting policy manuals and technical accounting memorandums
• Understanding of the reporting requirements relevant to the countries allocated (specific focus on UK based companies), as allocated to your team
• Receive direction from the Manager and Senior Manager
• Maintain effective coordination with multiple stakeholders. Be compatible with business accounting teams and internal partners to resolve issues
• Detailed review of the work performed by the team members
• Review of metrics reporting for significant 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
• 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 situation
• Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
• Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.

Skills and attributes for success

• Expert knowledge of IFRS or US GAAP, UK GAAP etc
• Extensive experience in the following areas
  • Financial statement preparation and consolidation process
  • GAAP conversions and adoption of new accounting standards
  • Drafting accounting policies and writing technical memorandums
• Technical accounting advisory on complex topics (e.g. business combinations, consolidation, debt/equity etc.)

To qualify for the role, you must have

• CA, ACCA (UK), or CPA
• 2-5 years relevant experience

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.

To help create an equitable and inclusive experience during the recruitment process, please inform us as soon as possible about any disability-related adjustments or accommodations you may need.

Our Commitment:

As a commitment, we persistently endeavour to embody our values, fulfil our purpose, and champion inclusiveness. Our dedication is to cultivate EY into an environment where diverse perspectives are celebrated, creating a supportive atmosphere for individuals to authentically be themselves and contribute their utmost.

Professional Development:

From entry-level employees to senior leaders, we believe in continuous learning. We offer opportunities to build new skills, take on leadership roles, and connect and grow through mentorship.

People and Culture:

In our dynamic workplace, diversity, equity, and inclusiveness are ingrained in our culture. We're united by a commitment to create an environment where every individual's differences are valued, practices are equitable, fostering a sense of belonging. Our shared values include integrity, respect, teaming, inclusiveness, energy, enthusiasm, courage to lead, and building relationships based on doing the right thing.

Benefits:

Embark on a transformative career journey with us and indulge in a suite of premium benefits, encompassing exclusive health and wellness packages, enticing rewards, and cutting-edge learning opportunities that empower you to continually grow and excel in your professional and personal development.

Successful candidates advance to a competency-based interview. If mutual interest persists, a job offer awaits.

We are an equal opportunity employer and are committed to Diversity, Equity & Inclusion.

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 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.