FAAS- Transactions Senior Full Time NEW

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.

EY GDS – Assurance FAAS – Senior

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 EY’s 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 an incumbent who is competent enough to provide accounting and advisory services including support for GAAP conversion and implementation; IPO and other public offering assistance, transaction accounting and financial reporting assistance (purchase price allocation, divestiture accounting).

Your Key Responsibilities

• Manage service delivery
• Execute the following FAAS solutions using global service delivery framework:

• • Accounting support for transactions such as purchase price accounting, divestiture/carve-out accounting, IPOs, SPACs and/or Fresh start (Bankruptcy) accounting
  • Preparation of financial statements/MD&A
  • GAAP conversion
  • Accounting policy and governance
  • Accounting processes
  • 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 GDS FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations
  • Receive direction from the Manager, Senior Managers.

  Skills And Attributes For Success

  • Good understanding of IFRS/US/UK GAAP.
  • 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):

• • Transaction accounting and reporting – IPO’s, SPACs, Carve Outs, PPA etc
  • GAAP conversions and implementation of new accounting standards
  • Drafting and designing accounting policies
  • Technical accounting research and advice
  • Consolidation support
  • Financial statement close process support
  • Remediation and readiness

Ideally, you’ll also

• Have experience of working with international clients (preferred)
• Have a track record with a leading consulting firm

What We Look For

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• 2-5 years (post qualification) in Assurance including at least 1 year of Financial Accounting and Advisory experience
• Candidates with prior Big4 experience would be an added advantage
• Exposure to data analytics and visualization and related tools would be an added advantage

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.

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. We’re united by a commitment to create an environment where every individual’s 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.

How to Apply: If you are passionate to join us and are aligned with our commitment to building a better working world, we invite you to apply by completing our user-friendly form with personal and professional information and by providing your consent to data privacy.

Successful candidates advance to a competency-based interview. If mutual interest persists, a job offer awaits.

“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 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.