Assistant Manager - Assurance - National - ASU - FAAS - Financial&AccountingAdv - Chennai

Requisition Id : 1642502

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

The opportunity : Assistant Manager – Assurance – Financial Accounting and Advisory Services (FAAS) – Chennai

About The EY FAAS Team

FAAS assists EY's advisory clients in solving their complex accounting and financial reporting issues in Indian GAAP, IFRS, US GAAP, or Ind-AS.

FAAS solutions are provided by a senior team – generally, manager and above - with strong financial reporting skills, in-depth sector knowledge, and an advisory mindset.

The challenge of working in the FAAS team is very different from being part of the Audit or Assurance practice or even an industry role, although all of your experience to date will be relevant. Firstly, all assignments are project-based, and the primary skill-set required is one of problem solving not problem identification. In addition, you will very often find yourself working as part of a multi-disciplinary team, alongside EY professionals from the Transaction Support, Advisory, Valuations or Tax team. And at manager level and above, you will be responsible for an account portfolio, developing further opportunities to support our clients.

FAAS is strongly aligned to the accounts and Business Unit structure at EY, which is set up according to sector. This means that you will have the chance to improve your sector knowledge of particular industries. FAAS also has a strong network within EMEIA and the Global firm of EY, which means we can bring the best practices and experiences to bear for our clients in India. It may also offer opportunities for international exposure for FAAS India team members.

All this provides an excellent opportunity to build on the skills and knowledge you have developed to date in audit or in industry, and to increase the breadth of your experience in the financial reporting implications of transactions, business models, systems implementation and tax planning.

FAAS is a small and fast-growing team with excellent exposure to the firm's key clients, and gives excellent growth opportunities for the right candidates.

FAAS solutions include :

FAAS solution

Description / examples Of Types Of Projects Undertaken By FAAS

GAAP conversions

• Conversion of financial statements from IGAAP to Ind-AS
• Reverse conversion for overseas acquisition (IFRS to IGAAP).

Consolidation implementation & accounting manuals

Transaction support and financial reporting

Tax and tax reporting

IPO preparedness

IFRS training, ad-hoc support and on-call services

Job Description

To qualify for the role you must have

Skills Required

Project Management, revenue recognition, Business Development, Financial Instruments, Us Gaap, IGAAP, Financial Reporting, Ifrs, Tax Planning