Account Support Associate - Rapid Innovation Karachi jobs at Ey in Pakistan, Karachi

Our Financial Accounting Advisory Services (FAAS) Financial Services team supports organizations through a diverse range of services that include finance function transformation, accounting and reporting advisory, transaction accounting, treasury, corporate governance, performance improvement and other services that support organizations navigate evolving business needs, technological advancement, demands for greater transparency and changing regulatory requirements.

Your key responsibilities

We value a strong team culture. You will play an active role in building and sustaining this culture by supporting recruitment efforts, helping retain top talent, and contributing to our learning and development programs.

To qualify for the role, you must have

• You have a master’s degree in accounting, Economics, (quantitative) Finance, business administration or a comparable field;
• Relevant working experience in the financial services sector and/or with a large consulting firm, gained in the finance (CFO) domain.
• You bring an innovative mindset, have affinity with and interest in designing and implementing advanced Finance domain practices and the use of AI and other technology to improve ways of working. You are passionate about making things better and do not accept status quo.
• You possess a strong understanding and have significant experience working with IFRS, through technical advice and implementation within the banking sector, and have experience with a broad range of finance processes.
• You understand the business model of banks and/or insurance companies, and their risk and regulatory complexities.
• Excellent verbal and written communication skills, towards your team and to clients. You can explain complex topics in an easy and understandable way; and
• Supervising and coaching junior team members to ensure that they are able to continue developing both professionally and personally.
• Flexibility to travel across the MENA region
• Ideally, you also speak and write Arabic.

Your Key Responsibilities

• Being responsible for AR ledgers of a group of countries in the region:
• Interacting with AR Cash application team to provide them with accurate information on the required allocation of certain client payments
• Using your communication skills and process knowledge to obtain payment information from onshore finance teams and client serving teams
• Following and developing a protocol to enable payment identification and timely allocation and using your problem-solving skills to try and build sustainable solutions to removing obstacles related to the payment allocation process
• Proactively monitor unapplied cash and on account payments, conduct the necessary research to identify and apply these, and assist in cash application corrections
• Investigate and resolve internal engagement team’s queries regarding allocation, reallocation, and checking of remittance in the bank statement
• Working on client’s refund by obtaining necessary approvals and other process documents, coordinating with the firm’s AP department to ensure a timely resolution
• Interacting with the firm’s IFM department to resolve payment allocation issues related to interfirm accounts
• Process and ways of working development: constantly seeking better ways of working across the client engagement-to-cash lifecycle and working with engagement teams, the cash application team and other finance teams to help improve their processes and practices
• Generating customer statements, balance confirmations etc; Working with client AP departments around account reconciliations

Skills And Attributes For Success

Analytical skills: ability to oversee client- and payment related information to identify issues and to ensure timely payment allocation and related problem solving

• Communication skills: able to communicate effectively with other internal teams and stakeholders
• Problem solving mindset: Able to constructively challenge existing approaches; Ability to influence local teams, internal functions and client organizations
• Organization & Prioritization skills
• Numeracy, MS Excel / SAP
• Good knowledge of collections systems and tools
• Appropriate language skills

To qualify, you must have

• Graduate or higher degree in finance, business or related field
• 2+ years of finance experience, with particular emphasis on accounts receivable, cash application, billing and collections
• Experience using SAP
• For internal candidate a knowledge of our engagement lifecycle with an understanding of our cash application processes
• Drive to identify root cause issues and support remediation efforts, through a relentless problem-solving ethos

Ideally, you will also have

• An understanding of service offerings in a professional services environment
• Experience of deploying new tools and ways of working into remote teams
• Experience of continuous improvement methodologies and leveraging them in a dynamic environment

What We Offer

We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:

• 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.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

Job Title: Senior Associate - MENA Global Public Company Independence Procedures - Center of

country policies.

Your key responsibilities

Prepare client acceptance files and gather necessary information.

Collaborate closely with engagement teams to obtain information required forindependence evaluations.

Ensure quality and accuracy in all documentation and processes.

Skills and attributes for success

Ideally, you’ll also have aBachelor’s degree in Compliance, Risk, Accounting, Business, or equivalent. Prior experience in audit, compliance, risk management or independence is a plus.

What we look for is someone with

What we offer you

Building a better working world

As a Transaction Support Associate, you'll play a key role in supporting engagement transaction processing. Working hand in hand with the Engagement and Finance teams, you will manage a collection of tasks within SAP, including opportunity creation, opportunity management, pricing, budgeting, and billing. Furthermore, you'll analyze various scenarios and suggest strategies to improve engagement margins.

Key Responsibilities:

• Assist the engagement team in managing opportunities, pricing, budgeting, and billing within the SAP.
• Collaborate closely with MENA MBA/PFAs to ensure that each transaction activity adheres to service line protocols.
• Offer guidance to the engagement team regarding Mercury and best practices.
• Ensure timely reporting of request status and volume analysis to market finance.
• Actively support system enhancement through regular feedback on system performance and suggested improvements

Skills and attributes for success:

• The ability to problems-solve, offering practical and credible solutions.
• Confidence to voice concerns when necessary
• Strong numeracy skills with a high degree of accuracy and attention to detail
• Exceptional time management skills with an ability to prioritize tasks based on risk, importance, and urgency.
• A proactive attitude and eagerness to learn and share knowledge.

To qualify for the role, you must have:

• • A strong work ethic and experience in fast-paced environments
  • 2+ years of experience in transaction processing, ideally within a professional services firm
  • Strong interpersonal skills for building and maintaining relationships across the firm.
  • Proficiency in MS Office Packages: Excel, PowerPoint, Outlook, Word and Power BI
  • Excellent communication and organizational skills along with detail-oriented problem-solving skills
  • A finance-related degree or experience in a professional service or consultancy environment

Ideally, you will also have:

• • A degree in Business or Finance
  • Transaction processing experience in any ERP platform (SAP, Oracle etc.)
  • Experience managing and developing people

Your key responsibilities

You will also support the consolidation team in identifying areas of improvements in the consolidation process and implementing agreed improvements.

As part of Consolidation team, you will support in maintaining and managing the chart of accounts, ensuring accuracy and alignment with financial reporting requirements. You will also support in identifying areas of improvements in the chart of accounts and implementing agreed improvements.

To qualify for the role, you must have

• Bachelor’s degree in Finance, Accounting, or a related field; or professional certification (e.g., CPA, ACCA) is preferred.
• Minimum of 5 years of experience in management and statutory consolidation for large groups
• Strong knowledge of IFRS consolidation concepts and practices.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• Detail-oriented with a commitment to accuracy and compliance
• Flexibility to travel across the MENA region based on client engagements

Ideally, you’ll also have

• Experience of working on SAP BPC (Business Planning and Consolidation) tool or any other similar consolidation tool.
• Experience of maintaining and enhancing Chart of Accounts of large group

What we offer

We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:

• 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

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Your key responsibilities

• Manage stakeholder expectations, project plans and communications, and provide status updates as needed to continuously advance service delivery
• Act as the knowledge manager for the engagement team, managing internal databases and/or portals designed to facilitate global team communications and coordination of go-to-market strategy
• Take complete ownership of engagement economics (e.g., hours/budgets/estimates to complete, fees, billings, Work in Process spreadsheets), proactively collaborating with relevant team members to resolve any issues that arise
• Collaborate with the account team, business development and resource management teams to achieve team goals
• Coordinate risk management processes, such as engagement letters, client continuance, independence, family tree, preapproval and other regulatory requirements

Skills and Attributes for Success

• Minimum of 1–2 years of experience in account or project management, customer service, or a related support role
• A degree in Business Administration, Marketing, Communication, or a related field is preferred
• Proficiency in Microsoft Office Suite
• Excellent verbal and written communication skills to interact effectively with clients and team members
• Strong analytical and problem-solving abilities to address challenges proactively
• High attention to detail with the ability to manage multiple tasks accurately
• Strong organizational and time management skills to handle a high volume of work efficiently
• Client-focused mindset with a commitment to delivering exceptional service and building long-term relationships
• Collaborative team player with the ability to work effectively in a team environment