Accounting Compliance Reporting - Assistant jobs at Ey in Luxembourg

Your key responsibilities

As a senior consultant, your client portfolio will include both large international companies as well as strategic growth market clients. You will be part of an integrated Human Capital practice providing global mobility services on individual income tax, social security, immigration as well as other related services

In your role, you will produce work of high quality in a consistent way. Furthermore, you will motivate other team members to do the same and you will receive the necessary guidance enabling you to supervise and lead your team throughout the next level of your career.

Skills and attributes for success

• Bachelors or Master’s degree in Accounting, Tax, Legal, HR or business-related fields
• Minimum 3 years of experience in a similar role in either a corporate environment or in a professional services firm (in Luxembourg or abroad)
• Excellent oral and written English skills (including strong presentation skills)
• Excellent interpersonal, analytical, and problem-solving ability
• Intermediate Computer skills (e.g. MS Office)

Ideally, you’ll also have

• French and/or German full proficiency
• Experience in Luxembourg

What we offer you

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.

At EY, the FAAS Team (Financial Accounting Advisory Services) provides varying types of accounting and non-accounting services covering wide range of topics and experiences. For Wealth & Asset Management clients, such expertise includes (but is not limited to):

• Accounting assessments
• Financial and non-financial due diligence support
• Financial and non-financial reporting
• Process improvement
• Valuation support
• Financial and non-financial analysis
• Audit remediation
• Internal controls assessment
• Regulatory reporting
• Technical finance training
• Benchmarking and market analysis

• Assist in the delivery of high-quality advisory services to clients, supporting the team in addressing their key challenges.
• Contribute to building and maintaining strong relationships with clients, including C-level executives, by providing excellent support.
• Collaborate with team members on projects, helping to ensure alignment with client objectives and deliverables.
• Support internal and external projects with other service lines and EY offices, contributing to comprehensive solutions.
• Provide assistance in data analysis, reporting, and the preparation of client deliverables and presentations.
• Engage in ongoing learning and professional development to enhance skills and knowledge in Wealth & Asset Management.

• Graduate in economics, business, or management with a focus in finance; relevant coursework or internships in finance or related fields is a plus.
• Strong knowledge in Wealth & Asset Management (including private equity, venture capital, private debt, real estate or infrastructure), finance, or related areas, including internships or entry-level positions.
• Basic understanding of financial concepts and principles, with a willingness to learn and develop expertise in Wealth & Asset Management.
• Strong analytical skills with attention to detail, capable of supporting data analysis and reporting tasks.
• Effective verbal and written communication skills, with the ability to collaborate with team members and engage with clients.
• Familiarity with valuation guidelines and regulatory frameworks is a plus, with a desire to deepen knowledge in these areas.
• Enjoys working in a multi-cultural environment and values diverse perspectives.
• Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
• Organized, proactive, and flexible, with a strong focus on delivering quality results.
• Proficient in English, both written and verbally; knowledge of additional languages is an asset.
• Committed to continued professional development.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.

Business is constantly evolving, and more than ever, staying at the forefront is all about identifying and adapting to change. As a Tax Senior, you’ll see this first hand by being immersed in the evolving tax environment through preparing and auditing income tax provisions, assisting with income tax filings, consulting on planning opportunities, and coaching and developing staff on your engagement teams.

Your key responsibilities

You’ll spend your time supporting client engagements by reviewing staff work product, coordinating with clients and internal team members, managing deadlines, and tracking engagement economics. You’ll also be tasked with identifying and resolving tax technical issues, as well as sharing insights that will improve our processes and overall efficiency. In this role, you can expect to be prioritizing and handling a wide range of constantly evolving responsibilities.

Skills and attributes for success

• Providing our clients with domestic federal tax advice and guidance tailored to their unique needs
• Keeping up to date with ongoing trends and changes to legislation that will affect planning activities
• Supervising high-performing teams and sharing your experience and knowledge of leading-practices
• Building relationships at all levels both internally and externally, promoting a culture of collaboration
• Preparing practical recommendations to some of our clients’ most complex tax issues

To qualify for the role you must have

• A Bachelor’s degree in Accounting or a graduate degree in Tax or Law and approximately three years of related work experience.
• Progress toward (or completion of) a valid CPA certification or licensed attorney status
• A background in tax compliance and accounting for income tax and a broad understanding of US income taxation
• Knowledge of Microsoft Excel, Access and data mining tools
• The ability to prioritize when working on multiple projects, and the confidence to engage and integrate directly into our clients’ teams
• Willingness to travel as needed, and working in a balanced hybrid environment

Ideally, you’ll also have

• A proven record in a professional services environment
• Experience in coaching and mentoring junior colleagues
• Strong analytical skills and attention to detail
• The ability to adapt your work style to work with both internal and client team members

At EY, the FAAS Team provides varying types of accounting and non-accounting services covering wide range of topics and experiences including (but not limited to):

• GAAP conversions
• complex accounting assessments
• financial and nonfinancial reporting and consolidation
• finance process improvement
• financial and non-financial analysis
• finance IT system migration
• audit remediation
• internal controls assessment
• regulatory reporting
• treasury and hedging
• technical finance training
• benchmarking and market analysis
  

• Execute the following technical tasks:
  • Analyse client’s requested tasks, including reading and analysis of contracts or transactions and the documentation of relevant/critical features for your analysis
  • Conduct thorough technical accounting research and analysis to determine the accounting consequences of certain contracts or transactions
  • Benchmark client specific information to the relevant industry information in order to make possible recommendations for improvements
  • Write technical accounting memoranda
  • Continuously learn in relation to relevant accounting updates
• Assist clients to navigate through accounting changes by developing fit-to-purpose solutions and/or providing practical expedients
• Follow through on client requests in a timely fashion, and manage expectations regarding the timing of deliverables and reports
• Collaborate with your managers and partners to influence strategy, balancing risk and client expectations
• Support your managers and partners in monitoring engagement and performance and identifying opportunities to improve our products and processes and in other non-client related tasks
• Foster cross-functional relationships across service lines to ensure seamless, integrated support, while continuously identifying opportunities to enhance team performance, service delivery, and internal processes.
• Leverage our delivery tools and service enablers, you’ll assist in planning and executing small-scale to large-scale, complex projects and play a key role in the successful delivery of services to our clients.
• Supervise and coach Junior Consultants, fostering a collaborative and high-performing team environment.
• Stay informed of professional standards and firm policies (e.g., guidelines of the EY Assurance Advisory Quality & Risk Management Manual)

• A university degree in Economics, Finance, Accounting, or equivalent
• Possession of a recognized accounting certification such as Chartered Accountant, CPA or ACCA
• 3-5 years ofrelevant experience, with at least one year focused on technical financial accounting analysis. Candidates with prior Big4 experience will have an added advantage
• Working experience in relation to the following services/solutions (at least three):
  • • Technical accounting research and memo writing
    • GAAP conversions and implementation of new accounting standards
    • Drafting and designing accounting policies
    • Consolidation and compilation support
    • Financial statement close process support
    • Audit of banks or other institutions reporting under IFRS or US GAAP
    • Quantitative analysis such as EIR amortization, DCF exercise, complex valuation models for derivatives, or use of valuation tools such as Bloomberg and the likes
    • Transaction accounting and reporting – IPOs, Carve-outs, Purchase price allocation, etc.
    • Benchmarking services and market analysis
• Fluency in English; additional languages like French, German, Italian or Spanish is an asset
• Strong analytical skills with a detail-oriented approach, capable of solving complex problems independently
• Strong understanding of International Financial Reporting Standards (IFRS)
• Experience in reviewing financial statements
• Strong technical and formal writing and presentation skills

• Familiarity with other accounting frameworks used in Europe, such as US GAAP, UK GAAP, French GAAP, Luxembourg GAAP, etc., even if not at an expert level
• Experience with the following key topics:
  • IFRS 9 in relation to classification and measurement
  • IFRS 9 in relation to expected credit losses
  • IFRS 9 in relation to hedge accounting
  • IAS 32 in relation to debt and equity classifications
  • IFRS 13 in relation to fair value measurement
  • IFRS 7 in relation to disclosure requirements for financial instruments
  • IFRS 3 in relation to business combination and purchase price allocation
  • IFRS 10 in relation to consolidation rules
  • IFRS 15 in relation to revenue recognition
  • IFRS 16 in relation to leasing transactions
  • IAS 36 in relation to impairment of non-financial assets
  • Other complex accounting standards (to be elaborated during the interview)
• Time management skills, handling of multiple tasks and engagements simultaneously while maintaining quality, and the capacity to work under tight deadlines

• Effective verbal communication skills, with the ability to engage with clients and collaborate within a team

• Proficiency in office-related computer skills (Word, Excel, PowerPoint)

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.

At EY, the FAAS Team provides varying types of accounting and non-accounting services covering wide range of topics and experiences including (but not limited to):

• GAAP conversions
• complex accounting assessments
• financial and nonfinancial reporting and consolidation
• finance process improvement
• financial and non-financial analysis
• finance IT system migration
• audit remediation
• internal controls assessment
• regulatory reporting
• treasury and hedging
• technical finance training
• benchmarking and market analysis

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.

The services we provide to our clients, tailored to their needs, include the following:

• Financial and nonfinancial reporting and consolidation
  • Continuous learning in relation to relevant accounting updates
  • Advise on the application of IFRS (especially IFRS 7, 9, 13, and 17) and LuxGAAP for Banks
  • Assist in the review of financial statements and disclosures
  • Support accounting policy development and implementation
  • Provide technical accounting support for structured transactions, material and complex transactions, and new financial instruments
• Treasury, risk, and regulatory reporting
  • Advise on hedge structuring, treasury operations, and fair value measurements
  • Advise on credit risk assessment, reasonableness of credit staging, and calculation of expected credit losses
  • Support in aligning treasury reporting with accounting standards
  • Review and assist in the preparation of various prudential reporting requirements in line with regulatory standards.
  • Coordinate with internal teams and external auditors to validate regulatory submissions
• Corporate governance, controls, and information technology
  • Strengthen internal controls over financial reporting and regulatory reporting
  • Assist in audit readiness and remediation of control deficiencies
  • Leverage data analytics to improve reporting accuracy and insights
  • Assist in the implementation of finance operating models to operationalize banking finance operations
    

As an Assistant, you’ll be expected to:

• • Conduct research and analysis on accounting, regulatory matters or finance processes and identify and communicate relevant trends, developments and key performance drivers relevant to the client and its industry
  • Contribute actively in the FAAS engagement team to understand and respond to the client's needs and expectations and develop a client-focused, clear, accurate and well-presented work product
  • Work closely with managers and seniors to deliver client engagements on time and with high quality in compliance with EY high standard requirements
  • Collaborate with team members across different service lines to support integrated client solutions
  • Participate in client meetings and assist in preparing presentation materials and deliverables
  • Learn from managers and seniors by being open to feedback, coaching, and technical guidance
  • Gain proficiency with our delivery tools and service enablers, and take part in planning and executing small-scale to large-scale, complex projects
  • Stay informed of professional standards and firm policies (e.g., guidelines of the EY Assurance Advisory Quality & Risk Management Manual)

• A university degree in Economics, Finance, Accounting, or equivalent
• 0-3 years of relevant work experience
• Fluency in English and French; additional languages like German, Italian or Spanish are an asset
• Basic understanding of accounting principles, financial reporting, and regulatory requirements
• Strong interest in financial accounting advisory services
• Curiosity and initiative to understand client needs and contribute to delivering practical, tailored solutions

• Knowledge of IFRS and/or Luxembourg accounting law

• Familiarity with Luxembourg’s prudential reporting framework and EU banking regulations
• Time management skills, handling of multiple tasks and engagements simultaneously while maintaining quality, and the capacity to work under tight deadlines
• Proficiency in office-related computer skills (Word, Excel, PowerPoint)
• Experience or interest in reviewing financial statements
• Good verbal communication skills and a proactive attitude
• Good writing and synthesizing skills
• Strong interpersonal skills to begin building professional relationships with clients and colleagues

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.

Senior Consultant - Accounting, Compliance and Reporting

You will review monthly, quarterly and annual reports and annual accounts or ad-hoc reports in LuxGAAP, IFRS and US GAAP, foreign to local GAAP conversion of the financial statements, the review and submission of BCL and CSSF reporting, corporate income tax returns and VAT returns.

You will train, review and guide junior accountants who work on the same portfolio as yourself, assess team members’ performances.

Your key responsibilities

You will be the primary contact for your clients, managing their expectations and building lasting relationships with them. You will be responsible for all communications with external / internal stakeholders related to your portfolio. You will also be responsible for all administrative duties related to your client portfolio (invoicing, quotations, daily queries etc…).

To qualify for the role, you must have

• University Degree (minimumBachelor BAC+3 degree) in Accounting, Finance or Economics
• Minimum of 3-4 years of similar work experience
• Relevant experience with Real Estate/Private Equity structures

Ideally, you’ll also have

• Familiarity with LuxGAAP and IFRS
• Fluency in English, French and/or German would be considered as a real asset
• Good knowledge of Microsoft Office (excel, Pivot table, formulas…)
• Experience with accounting tools would be an asset (Exact online, Yardi, YOOZ, Navision, Silverfin…)

Building a better working world

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.