Senior Ledger Migration Consultant

EY; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

EY Consulting is seeking a Senior Consultant-FS-Business Consulting Risk- Ledger Migration- FSRM in Pune/Hyderabad. You will lead month-end close activities, prepare journal entries, ensure policy compliance, and perform balance sheet reconciliations.

The role emphasizes finance transformation, process improvement, and collaboration with technology teams to enable automation. Ideal candidates have 3+ years in R2R, strong Excel skills, and experience with ERP platforms such as SAP, Oracle, or

Qualifications

• 3+ years of experience in Record-to-Report (R2R) or related financial control roles.
• Knowledge of IFRS, US GAAP, or local accounting standards.
• Proficiency in Excel and ERP systems such as SAP, Oracle, PeopleSoft, or similar.

Responsibilities

• Perform month-end, quarter-end, and year-end close activities.
• Prepare and post journal entries including accruals, prepayments, and reclassifications.
• Ensure compliance with accounting policies and internal controls.
• Conduct balance sheet substantiation, GL reconciliations, and variance analysis.
• Support audits and provide accurate financial data.

Skills

Record-to-Report (R2R)

Financial Accounting

IFRS/US GAAP knowledge

Excel proficiency

Education

Bachelor's or Master's degree in Finance, Accounting, Commerce, or related field

Tools

SAP

Oracle

PeopleSoft

Job description

Job Summary

The opportunity: Senior Consultant-FS-Business Consulting Risk- Ledger Migration- FSRM - Pune/Hyderabad

FS: Finance fuels our lives. Banking, Insurance and Wealth management, create the foundations for growth, prosperity and peace of mind. No other Industry touches so many people or shapes so many lives.

Amid sweeping regulatory change, todays financial services institutions are focusing on digital transformation, convergence and disruption from an array of nontraditional competitors all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our competent team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.

We recruit, train and nurture a diverse set of people who dedicate their minds to building the future of financial services. Together, we explore new perspectives with innovative and entrepreneurial thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

CNS - RISK - FSRM :

EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.

We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organization's ability to meet its future business strategy and objectives. The 3 key fields of play are :

Enterprise Risk - helps clients identify and address key risk areas, while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience, Internal audit, Compliance and Internal controls

Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors, management, regulators, customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses.

Financial Services Risk - helps clients in the financial sector to identify, manage and monitor the risks in their business. It is done through a transformative and agile approach including process and procedures, risk, data modeling and analytics, reporting to stakeholders and third parties, business requirements (for software selection and IT implementation), analysis of assets and liabilities, and capital and liquidity management.

Your key responsibilities

• Perform month-end, quarter-end, and year-end accounting close activities.
• Prepare and post journal entries including accruals, prepayments, reclassifications, and adjustments.
• Ensure compliance with accounting policies, IFRS/US GAAP, and internal control requirements.
• Perform balance sheet substantiation, GL reconciliations, and variance analysis.
• Perform GL reconciliations and resolve reconciling items in a timely manner.
• Support audits and maintain accuracy, integrity, and completeness of financial data.
• Analyze balance sheet movements and financial results, providing variance analysis and business commentary.

Finance Transformation & Process Improvement

• Drive finance transformation initiatives focused on process standardization, automation, and operational efficiency.
• Identify opportunities to streamline accounting, reconciliation, and reporting processes.
• Partner with technology teams to implement automation solutions. Participate in system enhancements, UAT testing, and process migrations.
• Contribute to digital finance initiatives, reporting optimization, and data governance projects.

Required Qualifications

• Bachelor's or Master's degree in Finance, Accounting, Commerce, or a related field.
• 3+ years of experience in Record-to-Report (R2R), Financial Accounting, Financial Reporting, or Financial Control functions.
• Knowledge of IFRS, US GAAP, or local accounting standards.
• Proficiency in Excel and ERP systems such as SAP, Oracle, Peoplesoft, or similar platforms.

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.