FAAS MS - R2R Senior

EY; Kolkata District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

EY is seeking a Senior/Assistant Manager for FAAS – Record to Report (R2R) in India. The role focuses on timely financial close, treasury advisory, and IFRS/US GAAP compliance within EY’s Global Delivery Services.

You will work with cross-functional teams to develop tools, ensure KPI adherence, and deliver high-quality client service. Prior experience in R2R and accounting standards is essential for success.

Qualifications

• 3-6 years relevant experience including Entity/BU reporting, Financial statement close process support and MIS reporting.
• Experience with a large global corporate treasury department and/or consulting experience.
• Understanding of accounting concepts and applying IFRS/US GAAP knowledge to client situations.

Responsibilities

• Responsible for monthly, quarterly, and annual closing of books.
• Variance Reporting & Analytical Review.
• Maintain coordination with multiple stakeholders and ensure progress of fieldwork.

Skills

IFRS / US GAAP

SAP

Treasury processes

Variance reporting

SLA / KPIs

Education

B.com, CA (Inter), CWA (Inter), ACCA (UK), DIP (IFR) or MBA

Tools

MS Excel

MS Office

Job description

EY- Assurance – Senior/Assistant Manager- FAAS – Record to Report (R2R)

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 good accounting knowledge under IFRS/US GAAP. The role requires prior experience and knowledge of period end close, financial reporting activities and bring subject matter expertise around Treasury processes to our advisory services.

Your Key Responsibilities

• Responsible for monthly, quarterly, and annual closing of books
• Supporting the development of tools and methodologies for project delivery
• Participating in meetings and interviews with client treasury personnel
• Developing creative, yet practical, solutions to help our clients achieve their treasury and business objectives
• Ensure adherence and meeting the KPIs and SLA
• Receive direction from the Manager and Senior Manager
• Maintain effective coordination with multiple stakeholders
• Variance Reporting & Analytical Review
• Build the necessary documents like SOPs and other end user training materials
• Use the available guidance’s on USGAAP/IFRS for providing technical support, as and when required
• 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
• Supporting the development and management of the relationships with external and internal (EY) clients
• Participating in the proposal development process for prospective treasury engagements
• Supporting development of new service offerings and go-to-market strategies
• 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

• Good understanding of IFRS / US GAAP, UK GAAP
• Working experience in relation to the following services/solutions (at least three):
  • Business unit /Entity level reporting
  • Record to report
  • Technical accounting research and advisory
  • Consolidation and compilation support
  • Financial statement close process support
  • Strong knowledge of Lease accounting
• Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies
• Scope of working under different ERP packages like SAP
• Certified Treasury Professional (CTP) certification is a plus
• Experience with a large global corporate treasury department and/or consulting experience
• Experience with the following treasury areas:
  • Treasury organizational structure
  • Financial risk management
  • Cash flow forecasting
  • Cash and liquidity management
  • Bank relationship management
  • Treasury technology
  • Debt and investment management
  • Governance, controls and regulation
  • M&A support (e.g., due diligence, integration, carve-outs)
  • Working capital management
  • Hedge accounting

Ideally, you’ll also

• SAP S4/Hana public or private cloud understanding
• Proficiency in MS – Excel, MS – Office.
• Knowledge on any Data analytics/visualisation tools will be additional advantage.
• Flexibility and willingness to travel on short notice, as necessary
• Good communication, Interpersonal, Analytical Skills & highly proactive in approach

What we look for

• B.com, CA (Inter), CWA (Inter), ACCA (UK), DIP (IFR) or Regular/Part time MBA from a reputed institute
• 3-6 years relevant experience including experience in Entity/BU reporting, Financial statement close process support and MIS reporting
• A Team of people with commercial acumen, technical experience and enthusiasm to learn new things in this fast-moving environment
• An opportunity to be a part of market-leading, multi-disciplinary team of 7200 + professionals, in the only integrated global assurance business worldwide.
• Opportunities to work with EY GDS Assurance practices globally with leading businesses across a range of industries

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.

“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.