EY FAAS - ECRA FS Senior HYD 

India, Telangana, Hyderabad 

479037432

We’re looking for an incumbent who is competent enough to lead projects that provide advisory services specially accounting change and GAAP conversion for IFRS/ US GAAP.

Manage 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
• Explain the client's critical success factors to the engagement team.
• Working directly with the onshore engagement team on a daily basis to deliver work to onshore clients;
• Demonstrate a good understanding of accounting concepts, stay informed of professional standards and updates thereon ; and effectively apply this knowledge to moderately difficult and/or complex client situations
• Identify engagement and client service issues. Research and benchmark client data to industry data.
• Explain the client's critical success factors to the engagement team.
• Apply independent and objective professional judgment in applying accounting standards to meet
• engagement expectations, including regulatory requirements.
• Coordinating with on-shore technical accounting teams to understand their accounting issue(s) and provide research assistance on an as-needed basis on U.S. GAAP and IFRS accounting pronouncements.
• Demonstrate knowledge on special accounting matters, new accounting pronouncements, technology oriented solution driven by accounting as a functional expertise
• Primary responsibility for project managing in connection with transactions, ensuring relevant deal information flow and appropriate coordination between legal and the other cross-functional deal team members
• Customize each presentation to the acquisition’s specific attributes
• Work on a variety of corporate finance transactions in all stages, from initial client pitches to transaction closing
• Receive direction from the Manager, Senior Manager and Partner

kills and attributes for success

• Good understanding of IFRS/US/UK GAAP/ GAAP Conversion and International auditing standards.
• Coordinating with on-shore technical accounting teams to understand their accounting issue(s) and provide research assistance on an as-needed basis on U.S. GAAP and IFRS accounting pronouncements.
• Primary responsibility for project management in connection with project role and responsibilities, ensuring relevant information flow and appropriate coordination between cross-functional team members within the finance function
• Work on a variety of GAAP conversion and accounting matters through all stages, from initial client pitches to audit closing.
• Work on data Analysis, Research & update relating to accounting standards and regulations.
• Prepare comprehensive documentation outlining the conversion process and adjustments made.
• Work closely with senior analysts and managers to ensure accurate conversion processes.
• Identify and resolve discrepancies or issues in the GAAP conversion process and communicate the same to Managers in effective and timely manner.
• Participate in training sessions and professional development opportunities to enhance knowledge of GAAP and related standards.
• 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

Working experience in relation to the following services/solutions:

• GAAP conversion engagements at least from IFRS and US GAAP & vice versa (end to end)Implementation of new accounting standards specially IFRS/ USGAAP, Minimum IFRS 15/ASC 606, IFRS 16/ ASC 842, IFRS 9/ASC 825, ASC 326, ASC 815
• Experience or working knowledge on IFRS 17/ASC 944 would be an added advantage.
• Drafting and designing accounting policies
• Technical accounting research and advice
• Consolidation and reporting under IFRS and US GAAP
• Disclosure Support
• Professional experience
• Typical experience may include, whilst not limited to:
• Experience of working in an advisory role.
• Skills and experience with: technical accounting matters, whitepapers on significant issues like consolidation, IFRS 15, 16, 9 and Knowledge of IFRS 17 would be an added advantage (Corresponding standards in USGAAP as mentioned above).
• GAAP Conversion through different GAAPs not limited to IFRS and USGAAP
• Hands-on consulting experience at a Big 4, or top tier consulting firm

To qualify for the role, you must have

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• 2-5 years (post qualification) in Assurance including at least 1 years of Financial Accounting and \
• Advisory experience

What we look for

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

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.