EY
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don’t just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we’ll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.
Executive – Assurance – Financial Accounting Advisory Services (Non – Financial Services) – Kolkata
About the EY FAAS team
FAAS assists EY’s advisory clients in solving their complex accounting and financial reporting issues in Indian GAAP, IFRS, US GAAP, or Ind-AS.
FAAS solutions are provided by a senior team – generally, manager and above – with strong financial reporting skills, in-depth sector knowledge, and an advisory mindset.
Our Service Offerings include External Audit, Financial Accounting Advisory Services (FAAS) , IFRS & US GAAP conversion , IPO and other public offering, Corporate Treasury – IFRS 9 accounting & implementation support etc.
The challenge of working in the FAAS team is very different from being part of the Audit or Assurance practice or even an industry role, although all of your experience to date will be relevant. Firstly, all assignments are project-based, and the primary skill-set required is one of problem solving not problem identification. In addition, you will very often find yourself working as part of a multi-disciplinary team, alongside EY professionals from the Transaction Support, Advisory, Valuations or Tax team.
Technical excellence:
Manage / execute FAAS projects, develop and implement solutions
Identify and develop business opportunities; manage accounts
Ability to explain complex accounting and financial reporting issues simply
Advisory mindset, ability to develop solutions for the client with support from technical subject matter experts
Specific financial reporting experience in at least one of the following:
Transactions (acquisitions, carve outs, demergers, restructuring)
Preparation for IPO including listing rules in India/UK/US
Complex consolidation structure in an MNC environment including implementation of ERP/consolidation IT system
Tax planning and complex structures
Developing and delivering technical training
Specific financial reporting topics: revenue recognition; financial instruments; off-balance sheet financing; consolidation and SPEs; banking; insurance;
Regular travel will be required as you will be meeting with key clients
To qualify for the role you must have,
A qualified CA (or equivalent e.g. CPA/ICAEW/ACCA)
Good academic record (1st/2nd time passes for ICAI or equivalent)
Strong IGAAP and/or IFRS and/or US GAAP financial reporting experience in complex/large companies, most likely in audit/advisory/transaction vertical or MNC finance/M&A environment
1-3 years of relevant post qualification experience
Skills and attributes for success
Champion start up thinking and deliver innovative solutions
Enhance business solutions by blending emerging technologies
Embrace technology to transform new ways of working
Deliver highest quality results
Drive a culture of continuous improvement and learning for yourself and others
Create value and build sustainable relationships that last a lifetime
Be involved in a cause for the benefit of larger community
Pursue passions beyond work and invest in your wellbeing
What we look for
People with the ability to work in a collaborative way to provide services across multiple client departments while adhering to commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. You should possess excellent communication, facilitation, relationship-building, presentation and negotiation skills. The role expects you to be flexible, adaptable, and creative, with willingness to travel.
What we offer
With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.