FAAS Technical Accounting Advisory Group - Senior Manager, Leasing and Tangible Assets

Ernst & Young Oman; San Francisco (CA); Hybrid; USD 146,000 - 336,000; Full time

Job summary

A global professional services firm is seeking a Senior Manager in Technical Accounting Advisory to lead complex financial projects. This role involves collaborating with clients and internal teams, ensuring technical accuracy in accounting practices, and managing diverse projects across various sectors. Candidates should have over 8 years of experience, CPA certification, and strong leadership abilities. The position offers competitive compensation within a hybrid work model and opportunities for professional growth.

Benefits

Comprehensive compensation package

Flexible vacation policy

Hybrid work model

Qualifications

• 8+ years of work experience, including 2 years in 3+ industries.
• Experience in lessee accounting under ASC 842.
• Strong project management skills and understanding of US GAAP.

Responsibilities

• Collaborate with clients to manage complex financial issues.
• Develop relationships with colleagues and identify client opportunities.
• Think critically to resolve technical accounting challenges.

Skills

Consulting with clients on complex accounting issues

Collaborating with partners and clients

Building relationships across service lines

Managing performance and identifying improvement opportunities

Education

Bachelor’s degree

CPA certification

Job description

Location: Boston, Chicago, New York, Hoboken, McLean, Atlanta, Houston, Dallas, San Jose, San Francisco, Seattle

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.

When our clients are facing complex finance and controllership issues, they look to us to get it right. Whether weighing the pros and cons of business transaction structure alternatives or tackling various technical accounting and financial reporting projects, we provide the answers to the important questions.

The opportunity

Our Financial Accounting Advisory Services (FAAS) team is growing exponentially, and as a Senior Manager in our Technical Accounting Advisory Group (TAAG) group, you will play a key role in that growth. Working across all industries, you’ll develop your career by communicating creative, strategic goals both internally and externally. It’s all about listening to and understanding our clients to give them a truly exceptional experience in a field where there really are no off-the-shelf recommendations.

As part of our Technical Accounting Advisory Group, you will help companies manage the complex financial and accounting issues relating to consolidation and joint ventures, IPOs, business combinations, compensation, revenue recognition, derivatives and hedging, debt vs. equity, SEC reporting, leases, and much more. This is a highly visible role allowing you to work with a broad set of clients across the US firm, interacting directly with our FAAS and audit teams and clients. This is a truly unique opportunity to learn technical accounting at a faster rate and deeper level.

Your key responsibilities

The nature of this role means no two projects will be the same. That means you’ll need to think on your feet and challenge existing practices to develop answers to complex issues. You’ll also be collaborating with colleagues across multiple service lines, so we’ll look to you to build relationships and identify opportunities for our clients to benefit from our knowledge in other areas. Occasional travel may be necessary as you will be meeting with key clients, some of whom are the most respected in their fields.

Skills and attributes for success

• Consulting with clients on complex and technical accounting issues
• Collaborating with partners and clients to influence strategy, balancing risk and client expectations
• Ensuring our engagement teams thoroughly understand our clients’ unique needs, ambitions and expectations
• Building relationships with colleagues across multiple service lines to provide seamless, integrated service
• Managing performance and identifying opportunities to improve our products and processes

To qualify for the role you must have

• A bachelor’s degree, CPA certification and at least 8 years’ work experience
• Including at least 2 years of experience in 3+ industries / sectors (e.g., life sciences, technology, advanced manufacturing, aerospace and defense, energy) of varied technical accounting analysis primarily in the areas of:
• Lessee accounting under ASC 842, including complex issues such as improvements, incentives, master leases and modifications
• Sale-leaseback and build-to-suit (including “failed” arrangements) under ASC 842
• Lease impairment analysis

Experience should include 3-5 years in public accounting in more of a technical/highly complex analysis including analysis and memo writing on any variety of technical topics.

Strong technical writing and presentation skills

Strong project management of complex technical accounting including the ability to develop realistic time budget and deadline estimates

A thorough understanding of US GAAP

An understanding of the marketplace, as well as commonly used terminology, processes and tools

A proven record of excellence when managing, mentoring and improving a team of high-performing colleagues

The confidence to research and resolve emerging client issues, including regulations, industry practices and new technologies

The ability and willingness to travel and work in excess of standard hours when necessary

Access to reliable transportation to/from the EY office and client sites. A driver’s license is strongly recommended as ride share and public transportation options may not be available in all locations

Ideally you will also have

• IFRS experience as either preparer, auditor or accounting advisor
• Experience with lessor accounting under ASC 842
• Interaction between ASC 842 and ASC 606 for lessor arrangements
• General long-lived asset (e.g., PP&E), including capitalization, impairment, repairs/maintenance, capitalized interest, and asset retirement obligations experience
• Inventory accounting and costing, including cost capitalization, FIFO/Average/LIFO/Retail method, manufacturing costs (standard costing and variances), impairment, and DISE
• Knowledge on other topics such as government grants, environmental credits, environmental obligations and involuntary conversion

What we look for

We’re interested in versatile people with the ability to take on new responsibilities and listen to clients to get things done. While technical accounting experience is a plus, we’re primarily interested in strong performers with the ability to build relationships, negotiate and think in unique and creative ways. If you’re a confident leader with a curious mind and the ability to solve complex issues, this role is for you.

What we offer you

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $146,700 to $335,100. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $176,000 to $380,800.
• Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
• Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

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 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 provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.