Assistant Manager/Manager - Financial Services - Financial Accounting Advisory Services

ernst & young llp; Singapore; On-site; SGD 120,000 - 190,000; Full time

Benefits offered by this job

Global exposure

Development programs

Well-being and career support

Job summary

EY is seeking an Assistant Manager/Manager in Singapore to help financial institutions address accounting and reporting challenges. You will collaborate with CFOs and cross-functional teams on finance transformation, FP&A, data analytics, and controls, with a focus on IFRS standards and regulatory changes.

You will contribute to insurance accounting advisory, strategic restructurings, and compliance reviews, while supporting internal audit engagements and ongoing learning.

Qualifications

• A degree in accountancy, finance, data/business analytics or an equivalent discipline, or a professional accounting qualification.
• Strong project management, problem-solving, and written and verbal communication skills.
• Adaptability and the ability to prioritise shifting workloads while building effective relationships with clients and colleagues at all levels.

Responsibilities

• Drive finance transformation initiatives with CFOs and multidisciplinary teams.
• Perform data transformation and analytics; support automation of financial reporting.
• Provide FP&A expertise including budgeting and forecasting.
• Assist clients in optimising processes and implementing robust controls for compliance and efficiency.
• Support IFRS 17, IFRS 9, IFRS 18, RBC regulatory changes and associated implementation.
• Deliver insurance accounting advisory workstreams and IFRS 17 solution implementation.
• Contribute to strategic restructuring projects and new entity set-ups.
• Assist with MAS regulatory compliance assessments and internal audit engagements.

Skills

Project management

Problem-solving

Communication

Collaboration

Adaptability

Education

Degree in accounting/finance

Professional accounting qualification

Job description

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

We work together across our full spectrum of services and skills powered by technology and AI, so that business, people and the planet can thrive together.

We’re all in, are you?

Join EY and shape your future with confidence.
Join Financial Accounting Advisory Services (FAAS) within Financial Services, Assurance and you will assist our clients to address the accounting and financial reporting challenges facing their business. You will be part of a team that provides insight and services that accelerate analytics, decision-making and innovation to build a stronger and more efficient finance function.
You will experience ongoing professional development through diverse experiences, world-class learning and individually tailored coaching. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because your professional development is important to us and we are fully committed to helping you realise your potential.

The Opportunity

The Financial Accounting Advisory Services (Financial Services) team works with business and finance teams to address the issues on accounting, financial reporting and regulatory changes. FAAS team serve as trusted advisors, both practical and innovative, to help our clients navigate through accounting and financial reporting challenges driven by the changing economic and regulatory environment.

As part of Financial Accounting Advisory Services (Financial Services), you will help financial institutions, including insurers, address accounting and financial reporting challenges and advance their CFO agenda. As an Assistant Manager/Manager, you will work closely with clients’ business and finance teams and other specialists to deliver advisory projects spanning finance transformation, financial planning and analysis (FP&A), data analytics, process optimisation and controls, and accounting standards implementation. Your role will also encompass insurance advisory initiatives relating to IFRS 17, IFRS 9, IFRS 18, risk-based capital (RBC), insurance and finance operations, and regulatory compliance.
Responsibilities

You will take ownership of project workstreams and contribute to the delivery of practical, business-oriented solutions, with responsibilities aligned to your experience and appointment level. Working alongside CFOs, transformation leaders and multidisciplinary teams, you will:

• Collaborate with financial institutions, including insurers, to drive finance transformation initiatives, leveraging digital tools and technologies to enhance the efficiency and effectiveness of finance operations.
• Conduct data transformation and analytics and support the automation of financial reporting processes to generate business insights and enable data-driven decision-making.
• Provide expertise in financial planning and analysis (FP&A) activities, including budgeting, forecasting, and performance analysis, to help our clients optimize their financial strategies and achieve their business goals.
• Assist clients in optimising processes and implementing robust controls to improve operational efficiency and mitigate risks; support regulatory compliance reviews and the development of compliance work programmes.
• Assist clients in adopting IFRS 17, IFRS 9, IFRS 18, RBC requirements and regulatory changes. Conduct impact assessments and support clients with implementation and/or optimisation.
• Deliver insurance accounting advisory workstreams, including the analysis and design of accounting events and postings, charts of accounts, financial statements, finance processes and controls, and IFRS 17 solution implementation.
• Contribute to strategic restructuring projects and new entity set-up by assessing the regulatory and accounting implications, providing insights and recommendations to support decision-making processes.
• Contribute to the assessment of financial adviser compliance with applicable MAS regulations, managing stakeholder engagement, directing fieldwork, reviewing findings, and providing practical recommendations to strengthen the compliance framework and regulatory adherence.
• Assist clients in internal audit engagements, providing risk and control expertise, engaging stakeholders, and strengthening governance and operational effectiveness.
• Proactively engage in conversations with the practice leaders and executives to provide insights on potential client needs based on research of client background and industry trends
• Supporting the planning and execution of the various projects to ensure the successful delivery of service offerings to our clients
• Participating actively in talent and skills development by leveraging on internal and industry learning opportunities

What We Look For

• A degree in accountancy, finance, data/business analytics or an equivalent discipline, or a professional accounting qualification.
• At least 4 years of practical experience in Insurance accounting knowledge, with the ability to apply technical accounting knowledge to business challenges.
• Strong project management, problem-solving, and written and verbal communication skills, with the ability to collaborate across workstreams, share responsibility and communicate progress to senior team members.
• A curious, innovative and solution-oriented mindset, with initiative, integrity, professionalism and an ambition to drive change.
• Adaptability and the ability to prioritise shifting workloads while building effective relationships with clients and colleagues at all levels.

What’s in it for you

• Accelerate your technical capabilities through a wide range of experiences and transformative leadership skills with future-focused courses and development programs.
• Broaden your horizons by working with highly integrated teams across the globe and collaborate with people of diverse backgrounds — both professionally and culturally.
• Bring out the best in yourself with continuous investment in your personal well-being and career development.
• Develop your own personal purpose and help us create a positive ripple effect on our teams, our business, clients and society – building a better working world, together.

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in 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.

All in to shape the future with confidence.