Senior Manager - Financial Accounting Advisory Services (FAAS)

Ernst & Young LLP ( EY India ); Bengaluru; On-site; INR 4,200,000 - 6,600,000; Full time

Job summary

EY India seeks a Senior Manager for National Assurance - FAAS (Financial & Accounting Adv) in Bangalore. Lead FINREP/IFRS reporting, drive regulatory submissions, and mentor a team while coordinating with global clients across sectors.

The role emphasizes IFRS 9/ IFRS 7/ IFRS 10 tooling, data lineage, and automation leveraging Alteryx, VBA, and Power BI to enhance reporting and controls.

Qualifications

• Qualified CA or equivalent professional qualification as listed.
• Post-qualification experience of 9–12 years in a relevant area.

Responsibilities

• Review EU FinRep reporting templates based on IFRS and regulatory guidelines.
• Ensure accuracy, completeness, and timeliness of EU FINREP submissions.
• Support global banks on FINREP remediation programs including S.166.
• Analyze regulatory changes on FINREP and implement updates in reporting.
• Liaise with regulators to resolve FINREP data queries and discrepancies.
• Perform analytical reviews on FINREP and provide business insights.
• Ensure IFRS 9, IFRS 7, IFRS 10, IFRS 13, IFRS 15 compliance.
• Experience in Expected Credit Loss under IFRS 9 for banks.
• Prepare and review monthly, quarterly, and annual financial statements for banks.
• Maintain internal controls over financial reporting (ICFR).
• Drive automation using Alteryx, VBA, Power BI or SAP/Oracle.
• Coach junior team members and contribute to multi-disciplinary projects.
• Contribute to thought leadership and marketing activities.

Skills

Leadership

Financial reporting

IFRS knowledge

Education

CA or CPA/ICAEW/ACCA/MBA (Finance)

Tools

Alteryx

VBA

Power BI

SAP

Oracle ERP

Job description

Senior Manager - Assurance - National - ASU - FAAS - Financial&AccountingAdv - Bangalore

Requisition Id: 1734830

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity

Senior Manager-National-Assurance-ASU - FAAS - Financial&AccountingAdv - Bangalore National : National comprises of sector agnostic teams working across industries for a well rounded experience.

ASU - FAAS - Financial&AccountingAdv : Assurance’s purpose is to inspire confidence and trust to enable a complex world to work. We do so by protecting and serving the public interest, promoting transparency, supporting investor confidence and economic growth and nurturing talent to provide future business leaders.

1. Ensuring their accounts comply with the requisite audit standards
2. Providing a robust and clear perspective to audit committees
3. Providing critical information for stakeholders

Our Service Offerings include External Audit, Financial Accounting Advisory Services (FAAS) , IFRS & US GAAP conversion , IPO and other public offering, Corporate Treasury - IFRS 9 accounting & implementation support etc.

Your key responsibilities Technical Excellence Job description

Experience in review of EU FinRep reporting templates based on IFRS and in accordance with EBA/ Regulatory guidelines.

Ensure accuracy, completeness, and timeliness of the EU FINREP regulatory submissions.

Supported global banks on FINREP remediation programs including S.166 and shadow S.166 work.

Analyse and interpret regulatory changes on FINREP and implement updates in reporting frameworks.

Liaise with internal stakeholders and regulators to resolve reporting queries and discrepancies involving data attributes and data lineage for FINREP.

Be well versed with analytical reviews on periodic FINREP reporting including following up with regional stakeholders to capture the correct explanations for variances and provide business insights on financial performance.

Ensure compliance with key IFRS standards such as IFRS 9 (Financial Instruments), IFRS 7 (Risk disclosures), IFRS 10 (Consolidation), IFRS 13 (Fair Value Measurement), and IFRS 15 (Revenue Recognition).

Experience in Expected Credit Loss as per IFRS 9 for banks.

Prepare and review monthly, quarterly, and annual financial statements for banks in compliance with IFRS standards.

Maintain and enhance internal controls over financial reporting (ICFR) as relevant for EU FINREP reporting.

Experience in change Management/Finance Transformation including driving automation initiatives using tools like Alteryx, VBA, Power BI, or ERP systems (SAP/Oracle).

Coach junior team members, encourage technical excellence and learning.

Integrate with other EY service lines on multi-disciplinary projects.

Contribute to thought leadership and participate in marketing activities.

Skills and attributes

• Qualification A qualified CA (or equivalent e.g. CPA/ ICAEW/ ACCA/ MBA (Finance))
• Experience Minimum of 9 -12 years of relevant post qualification experience

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.

What we offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries.

As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.

EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.