Senior FAAS Technical Accounting

The opportunity

At EY, the FAAS Team provides varying types of accounting and non-accounting services covering wide range of topics and experiences including (but not limited to):

• GAAP conversions
• complex accounting assessments
• financial and nonfinancial reporting and consolidation
• finance process improvement
• financial and non-financial analysis
• finance IT system migration
• audit remediation
• internal controls assessment
• regulatory reporting
• treasury and hedging
• technical finance training
• benchmarking and market analysis
  

Considering the close integration between finance and risk, the FAAS Team not only work with the Chief Financial Officer (CFO) but also with the Chief Risk Officer (CRO) and Chief Compliance Officer (CCO) in navigating and addressing financial, operational, and regulatory challenges that clients are facing.

We help clients address their financial and nonfinancial reporting challenges, robust financial data analytics and innovation, help clients build more sustainable and profitable enterprises, and work closely with other service lines across EY.

Our team works with companies across various industries such as banks and other financial institutions, funds (private equity, private debt, real estate, etc) and commercial companies.

Your key responsibilities

• Execute the following technical tasks: Analyse client’s requested tasks, including reading and analysis of contracts or transactions and the documentation of relevant/critical features for your analysis Conduct thorough technical accounting research and analysis to determine the accounting consequences of certain contracts or transactions Benchmark client specific information to the relevant industry information in order to make possible recommendations for improvements Write technical accounting memoranda Continuously learn in relation to relevant accounting updates
• Assist clients to navigate through accounting changes by developing fit-to-purpose solutions and/or providing practical expedients
• Follow through on client requests in a timely fashion, and manage expectations regarding the timing of deliverables and reports
• Collaborate with your managers and partners to influence strategy, balancing risk and client expectations
• Support your managers and partners in monitoring engagement and performance and identifying opportunities to improve our products and processes and in other non-client related tasks
• Foster cross-functional relationships across service lines to ensure seamless, integrated support, while continuously identifying opportunities to enhance team performance, service delivery, and internal processes.
• Leverage our delivery tools and service enablers, you’ll assist in planning and executing small-scale to large-scale, complex projects and play a key role in the successful delivery of services to our clients.
• Supervise and coach Junior Consultants, fostering a collaborative and high-performing team environment.
• Stay informed of professional standards and firm policies (, guidelines of the EY Assurance Advisory Quality & Risk Management Manual)

Skills and attributes for success

• A university degree in Economics, Finance, Accounting, or equivalent
• Possession of a recognized accounting certification such as Chartered Accountant, CPA or ACCA
• 3-5 years of relevant experience, with at least one year focused on technical financial accounting analysis. Candidates with prior Big4 experience will have an added advantage
• Working experience in relation to the following services/solutions (at least three): Technical accounting research and memo writing GAAP conversions and implementation of new accounting standards Drafting and designing accounting policies Consolidation and compilation support Financial statement close process support Audit of banks or other institutions reporting under IFRS or US GAAP Quantitative analysis such as EIR amortization, DCF exercise, complex valuation models for derivatives, or use of valuation tools such as Bloomberg and the likes Transaction accounting and reporting – IPOs, Carve-outs, Purchase price allocation, etc. Benchmarking services and market analysis
• Fluency in English; additional languages like French, German, Italian or Spanish is an asset
• Strong analytical skills with a detail-oriented approach, capable of solving complex problems independently
• Strong understanding of International Financial Reporting Standards (IFRS)
• Experience in reviewing financial statements
• Strong technical and formal writing and presentation skills

Additional Attributes for Success

• Familiarity with other accounting frameworks used in Europe, such as US GAAP, UK GAAP, French GAAP, Luxembourg GAAP, etc., even if not at an expert level
• Experience with the following key topics: IFRS 9 in relation to classification and measurement IFRS 9 in relation to expected credit losses IFRS 9 in relation to hedge accounting IAS 32 in relation to debt and equity classifications IFRS 13 in relation to fair value measurement IFRS 7 in relation to disclosure requirements for financial instruments IFRS 3 in relation to business combination and purchase price allocation IFRS 10 in relation to consolidation rules IFRS 15 in relation to revenue recognition IFRS 16 in relation to leasing transactions IAS 36 in relation to impairment of non-financial assets Other complex accounting standards (to be elaborated during the interview)
• Time management skills, handling of multiple tasks and engagements simultaneously while maintaining quality, and the capacity to work under tight deadlines
• Effective verbal communication skills, with the ability to engage with clients and collaborate within a team
• Proficiency in office-related computer skills (Word, Excel, PowerPoint)

What we offer you

• 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.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

Our offer of employment is contingent upon the successful completion of a background check and pre-screening requirements. The candidate acknowledges that all information provided must be accurate.