Requisition Id : 1531147



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:


Job description

• Manage / execute FAAS projects, develop and implement solutions (see above)
• Identify and develop business opportunities; manage accounts (depending on level)
• Coach junior team members, encourage technical excellence and learning
• Integrate with other EY service lines on multi-disciplinary projects
• Contribute to thought leadership and participate in marketing activities

To qualify for the role you must have

• A qualified CA (or equivalent e.g. CPA/ICAEW/ACCA)
• Good academic record (1st/2nd time passes for ICAI or equivalent)
• Strong IGAAP and/or IFRS and/or US GAAP financial reporting experience in complex/large companies, most likely in audit/advisory/transaction vertical or MNC finance/M&A environment
• Minimum of 6 years of relevant post qualification experience
• Ability to explain complex accounting and financial reporting issues simply
• Advisory mindset, ability to develop solutions for the client with support from technical subject matter experts
• Business development skills and aptitude, depending on level. In applicants at Senior Manager and above, a strong track record of business development is expected
• Specific financial reporting experience in at least one of the following:
  • Transactions (acquisitions, carve outs, demergers, restructuring)
  • Preparation for IPO including listing rules in India/UK/US
  • Complex consolidation structure in an MNC environment including implementation of ERP/consolidation IT system
  • Tax planning and complex structures
  • Developing and delivering technical training
  • Specific financial reporting topics: revenue recognition; financial instruments; off-balance sheet financing; consolidation and SPEs; banking; insurance;
• Strong project management skills
• Excellent communication 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
With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.
EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world. Apply now.