EY Senior Associate - SaT AMI TCF 

India, Karnataka, Bengaluru 

712379415

The opportunity : Senior Associate - SaT - TCF Transaction Diligence - AMI - Bangalore/Hyderabad

SaT - TCF Transaction Diligence:

Whether clients are preserving, optimizing, raising or investing, our Connected Capital Solutions (CCS) are our five go-to-market offerings that help drive competitive advantage and increased returns through improved decision-making. The CCS include Strategy, Corporate Finance, Buy and Integrate, Sell and Separate and Reshaping Results, and are underpinned by our Connected Capital Technologies.

Technical Excellence:

• Identify of deal issues, assessing their impact on the transaction (valuation etc.) and advising on ways to address the issues.

To qualify for the role you must have:

• CA Qualified.
• 2-4 years of experience in FDD OR Statutory Audit.

Skills & Attibutes:

• Handled statutory audit assignments earlier
• Strong Knowledge or experience in the areas of financial statements including revenue.
• Strong conceptual knowledge of Company’s Act/New Company’s Act
• Strong understanding of Indian Accounting Standards; recent changes that happened in Indian Accounting Standards 115/116 – Accounting Standards 22, 19, 3, Fraud Investigation, IFC, etc.
• Knowledge about recent changes in accounting or understanding of accounting (Sales cut off/Sale return/material margin), regulatory changes (Gratuity or PF or ESIC).
• Knowledge about Audit reports KAM + CARO (Company Auditor’s Report Order)
• Overview of ICFR (Internal Control over Financial reporting)
• Knowledge about IFC – International Finance Corporation
• Knowledge about CSR (corporate laws) & recent changes
• Strong Knowledge about Audit Procedures/Audit Reports (CAM/ICAM)
• Understanding of business performance measures - Margins, EBITDA, working capital etc. required for FDD. Adequate reasons for movements and change in contribution margins with reference to business and items impacting financial statements.
• Provision of Section 186 & 185 of Companies Act
• Procedures required for testing of revenue or employee costs- Overstatement of revenue or fictitious employees.
• Knowledge of ratios, Basic procedures to be performed for testing trade receivables and employee costs etc. + significant audit procedures like employee cost, finance cost, etc.
• Procedures to be performed for diligence for basic area – like understatement of costs or cash leakages, etc.
• Knowledge about disclosure requirement
• Knowledge about Income Tax (PGBP)
• Ability to prioritize work on multiple assignments & manage ambiguity
• Strong written and verbal communication skills,
• Clarity of thoughts and assertive,
• Strong Analytical Skills

What we look for:

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain postivie energy, while being adaptable and creative in their approach.

What we offer:

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