EY FAAS - Finanance Transformation Senior 

India, Kerala, Thiruvananthapuram 

142188837

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.

Primary Responsibilities

The Senior will support teams of FAAS professionals during engagements covering a broad spectrum of areas. The Senior will be responsible for the following tasks:

• Collaborate with the Managers, Senior Managers and the Partners to execute a FAAS strategy that satisfies high client expectations, support the planning, budgeting, execution and delivery of the engagements.
• Actively contribute to the FAAS engagement team by understanding and responding to client's needs and expectations. Develop client-focused, clear, accurate and well-presented work products.
• Execute finance transformation engagements using Global Service Delivery framework, ensuring timely delivery and compliance with EY’s high standard requirements.
• Participating in meetings and interviews with client personnel to gather insights and foster strong working relationships.
• Knowledge and working experience in key business processes including Record to Report, Plan-to-Perform, Order-to-cash, Procure-to-Pay, Acquire to Dispose and Hire-to-Retire.
• Demonstrate finance process design or improvement skills by critically reviewing existing finance processes, making recommendations for rationalization and improvement, and implementing operational changes.
• Define and develop a finance target operating model. Design business and process models, and help define finance technology strategy, architecture, and roadmap.
• Design the finance performance management system by identifying performance drivers, aligning them to strategy, defining metrics and KPIs and benchmarking against industry standards.
• Execute technology led finance transformation projects for clients, leveraging innovative solutions to enhance efficiency and effectiveness.
• Identify engagement and client service issues. Benchmark client data against industry data to provide actionable recommendations for improvements.
• Work collaboratively with team members to ensure timely completion of work deliverables while managing time spent against budget constraints.
• Support the development of new service offerings and go-to-market strategies.
• Participating in development of proposals related to our offerings, contributing to the creation of proposals related to our offerings.
• Contribute to the creation of new services, tools and materials to enhance market success and client satisfaction.
• Ensure quality in delivering client service by directing daily progress of fieldwork, informing Managers / Senior Managers etc. of engagement status.
• Support the development and management of the relationships with external and internal (EY) clients fostering collaboration and trust.
• Supporting other ad-hoc internal initiatives geared towards improving our group’s efficiency, effectiveness and integration with other service lines.
• Demonstrate a solid understanding of accounting concepts. Stay informed of professional standards and firm policies; effectively applying this knowledge to moderately difficult and/or complex client situations.
• Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.

Qualifications, skills and experience

Professional Certification:Chartered Accountant (CA), CPA (US), or ACCA (UK) with 3 to 6 years of experience in Assurance, including a minimum of 2 to 3 years in Financial Accounting and Advisory or consulting services preferably within a Big 4 firm.

• IT Systems Experience: Strong preference for candidates with experience in IT systems such as SAP, Oracle, Microsoft Dynamics 365, or similar platforms.
• Finance Transformation Project Experience: Demonstrated experience in Finance transformation projects, including but not limited to:
  
  Finance Performance Management:
  • Identifying performance drivers and aligning them with strategic objectives.
  • Defining metrics and KPIs while benchmarking against industry standards.
  • Optimizing cost management protocols.
  • Implementing working capital productivity solutions.
  • Enhancing the cost efficiency of the finance function.
  Finance Process Improvement:
  • Accounts Payable and Receivable management.
  • Fixed Assets and Capital Budgeting processes.
  • Banking and Cash Management.
  • Closing, Consolidation, and Reporting.
  • Business Planning, Budgeting, and Forecasting.
  Finance Operating Model Design:
  • Exposure to finance operating model design, service management, and performance management (including SLAs and KPIs).
  • Exper i ence in developing target operating models for Lean finance.
  Finance Information and Systems Optimization:
  • Finance data management and optimization of the Chart of Accounts.
  • Experience with ERP Systems Implementation (SAP, Oracle, Microsoft Dynamics 365, etc.).
  • Travel Requirements: Willingness and ability to travel approximately 50% to 80% of the time.
  • Accounting Regulatory Knowledge: Strong understanding of IFRS.
  • Analytical and Problem-Solving Skills: Excellent problem-solving and analytical abilities.
  • Interpersonal Skills: Strong listening skills, inquisitive nature, intellectual curiosity, and self-starter qualities.
  • Communication Skills: Effective written and verbal communication skills, with a demonstrated ability to present complex information clearly and concisely.
  • Management Interface: Ability to interface with all levels of management, both within EY and with clients.
  • Project Management: Experience managing multiple projects under tight deadlines.