EY GGN_FAAS_Senior in Gurgaon, India
Requisition # GGN0000B
Post Date May 09, 2018
Senior – FAAS
EY is a global leader in assurance, tax, transaction and advisory services. The Global Delivery Services (GDS), EY’s dedicated global service delivery vehicle, operates through a network of global and regional hubs focused on delivering Service Line, Knowledge and Account Management support to our clients around the world. The GDS promotes EY’s commitment to a service delivery model that accesses diverse talent pools across the globe.
GDS Assurance is looking for a prospective candidate suitable for the role of a senior, for our
Financial Accounting and Advisory Services (FAAS) team.
Financial Accounting Advisory Services (FAAS) professionals provides advisory services including Accounting and regulatory support for accounting change and special matters; accounting processes and controls support (remediation, long-term contract accounting and cost accounting); GAAP Conversion and implementation; IPO and other public offering assistance and transaction accounting and financial reporting assistance (purchase price allocation).
The Senior should be competent to manage a portfolio of clients and be responsible for the timeliness and quality of the work as per EY Global Standards for our FAAS team. The role requires technical knowledge of IFRS/US/UK GAAP along with well-developed communication skills. While the Senior will be based out of our Gurgaon or Bangalore center, the individual will be required to travel to other Countries (short term) for executing the client engagements.
Manage quality of service delivery
Execute the following FAAS solutions using Global service delivery framework:
Financial Accounting and Reporting Excellence
Regulation, Governance and Financing
Audit remediation and readiness
Ensure quality in delivering client service by directing daily progress of fieldwork, informing Supervisors of engagement status
Follow through on client requests in a timely fashion, and manage expectations regarding the timing of deliverables and reports
Identify engagement and client service issues. Research and benchmark client data to industry data. Explain the client's critical success factors to the engagement team.
Benchmark client data to industry data in order to make possible recommendations for improvements
Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.
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 situations
Receive direction from the Manager, Senior Manager and Partner
Chartered Accountant (CA) or CPA (US) or ACCA (UK).
1-5 years (post qualification) in auditing including at least one year of experience in Financial Accounting and Advisory
Good understanding of IFRS/US/UK GAAP and international auditing standards
Good understanding of Indian accounting and auditing standards
Strong written and verbal communication, presentation and technical writing skills
Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies
Flexibility and willingness to travel on short notice, as necessary
Working experience in relation to the following services/solutions (at least three):
GAAP conversions and implementation of new accounting standards.
Drafting and designing accounting policies
Technical accounting research and advice
Consolidation and Compilation support
Financial statement close process support
Transaction accounting and reporting – IPO’s, Carve Outs, PPA etc.
Audit remediation and readiness
Benchmarking services and market analysis