EY Senior-FAAS Senior 

India, Karnataka, Bengaluru 

257769881

Your key responsibilities

• Ensure quality of service delivery
• 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
• Demonstrate a good understanding of accounting concepts; stay informed of professional standards and firm policies (e.g., guidelines of the EY FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations
• Receive direction from the Manager, Senior Manager and Partner
• Preparation of underlying materials as well as leading/participation in client workshops
• Undertaking practice development activities including contributing to thought leadership pieces, running industry events, delivering training, or managing team communications
• Aiding proposals and bid teams in delivery of high-quality proposals
• Driving innovation by creating an environment that encourages innovation and being a leader in this area by implementing new and improved ways of working, delivery models and / or technological advancements
• Contributing to business development activities to help identify and research opportunities on new / existing clients
• Contributing to the growth of the practice by providing input to EY Point of views, development of solutions, engagement tools and enablers
• Contributing to the development of your own and the team's technical skills by establishing a culture of highest performing teams, inclusive behaviours, and emotional intelligence

Skills and attributes for success

• Good understanding of US GAAP/UK GAAP/ IFRS
• Previous Wealth and Assets Management experience / knowledge essential – Private equity and Real estate preferably.
• Able to apply logic and problem solving to complex Finance business problems
• Take personal responsibility for the quality of delivery
• Extremely comfortable and confident around senior stakeholders, internally and externally
• Extremely comfortable with Excel and PowerPoint. Much of our work involves detailed analysis and report writing, so it is critical you can work with these tools
• 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

Professional experience:

Typical experience may include, whilst not limited to:

• Strong working knowledge of accounting and financial reporting for real estate funds, private equity funds, and other alternative investment vehicles.
• Hands-on experience in fund accounting and the preparation of financial reports for alternative investment structures, including real estate and private equity.
• Understanding of complex fund structures such as Master-Feeder, Fund of Funds, and Blocker Entities, as well as familiarity with various investment products including equities and derivatives, and their associated accounting treatments.
• Proficiency in fund administration platforms such as Investran, Yardi, eFront, or similar systems.
• Exposure to operational processes such as NAV finalization, reconciliations, management and investor reporting, capital account maintenance, and P&L allocations.
• Experience in preparing complete sets of financial statements, including - Statement of Assets, Liabilities and Partners’ Capital, Statement of Operations, Statement of Changes in Partners’ Capital, Statement of Cash Flows, Schedule of Investments, Notes to Financial Statements with all required disclosures.
• In-depth understanding of fund accounting principles, investment fund structures, the lifecycle of real estate and private equity funds, various fee structures, calculation of management fees and performance fees including carried interest, preferred return and clawback provisions.
• Knowledge in areas such as finance function optimization, ERP/system implementations, financial close processes, statutory and regulatory reporting, consolidation reporting, data readiness and analytics, and governance, risk, and control frameworks.
• Proven hands-on experience at a Big 4 or top-tier consulting firm within Financial Services, or in leading transformation initiatives or line functions within fund managers, fund administrators, or other financial services organizations.

To qualify for the role, you must have

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• 2-6 years (post qualification) in Big 4s/ fund houses/ leading audit firms

What we look for

• A Team of people with commercial acumen, technical experience, and enthusiasm to learn new things in this fast-moving environment
• An opportunity to be part of a market-leading, multi-disciplinary team of 7200 + professionals, in the only integrated global assurance business worldwide.
• Opportunity to work with EY GDS Assurance practices globally with leading businesses across a range of industries

At EY, we’re dedicated to helping our clients, from start–ups to Fortune 500 companies — and the work we do with them is as varied as they are. You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees, and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you