GDS Assurance - FAAS Manager - Managed Services

EY; Philippines; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

EY is seeking an experienced FAAS Manager to lead Record to Report activities within its Global Delivery Services in the Philippines. The role emphasizes IFRS/US GAAP proficiency, consolidation, and technical accounting research.

You will manage a 6–10 person team, coordinate with multiple stakeholders, and contribute to business development and training initiatives. The ideal candidate holds a CA/ACCA/CPA or MBA with 7–12 years of relevant experience, including entity/BU reporting and MIS.

Qualifications

• CA/ACCA/CPA or MBA with 7–12 years in entity/BU reporting
• Strong IFRS/US GAAP knowledge and UK GAAP familiarity
• Experience with SAP and financial close processes
• Proven leadership and stakeholder management skills

Responsibilities

• Lead monthly, quarterly, and annual closes and consolidation
• Oversee journal entries, allocations and intercompany activity
• Guide team of 6–10, including engagement PMO activities
• Ensure KPI/SLA adherence and quality of client service
• Develop SOPs and end-user training materials
• Support business development activities with Senior Managers

Skills

IFRS/US GAAP

UK GAAP

Team leadership

SAP

Excel

Data analytics

Travel flexibility

Communication skills

Education

CA/ACCA/CPA

MBA

Tools

SAP S/4HANA

MS Office

Job description

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- Assurance –Manager- FAAS – Record to Report (R2R)

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 EYs 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 knowledge under IFRS/US GAAP. The role requires prior experience and knowledge of leading period end close, financial reporting activities.

Your Key Responsibilities

• Responsible for monthly, quarterly, and annual closing of books
• Financial close and consolidation
• Process journal entries, allocations, period end adjustments
• Reconcile GL accounts, perform consolidation and process elimination, post and reconcile intercompany transactions
• Perform pre close activities
• Perform fixed assets and capital project accounting
• Process and record fixed asset adjustments, enhancements, revaluations and transfers
• Process and record fixed asset maintenance and repair expenses
• Calculate and record depreciation expense
• Create project account codes
• Monitor and track capital projects and budget spending
• Close / Capitalize projects
• Ensure adherence and meeting the KPIs and SLA and escalation management if any
• Leading a team of 6-10 team members including engagement PMO activities
• Receive direction from the Senior Manager and leadership
• Maintain effective coordination with multiple stakeholders
• Detailed review of work performed by team members
• Variance Reporting & Analytical Review and provide necessary commentary
• 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
• Supporting the development and management of the relationships with external and internal (EY) clients
• Support Senior Managers in business development activities
• Engaged in hiring of team members, structured learning path and operations mentor for the team
• 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
• Ensure quality in delivering client service by directing daily progress of fieldwork, informing Supervisors of engagement status
• Engaged in hiring of team members, structured learning path and operations mentor for the team
• Support Senior Managers in Business development activities
• 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

Skills and attributes for success

• Strong knowledge of IFRS / US GAAP, UK GAAP
• Extensive 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

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
• Strong communication, Interpersonal, Analytical Skills & highly proactive in approach

What we look for

• CA, ACCA (UK), CPA, or Regular MBA from a reputed institute
• 7-12 years relevant experience including experience in Entity/BU reporting, Financial statement close process support and MIS reporting

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.

Are you ready to shape your future with confidence?

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. Were united by a commitment to create an environment where every individuals 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 is building a better working world by creating new value for clients, people, society and the planet, while building trust in the capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

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.