Requisition Id: 1711936

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. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and It's yours to build which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Manager-National-Assurance-ASU - FAAS - Financial&AccountingAdv - Chennai

National :

National comprises of sector agnostic teams working across industries for a well rounded experience.

ASU - FAAS - Financial&AccountingAdv :

Assurance's purpose is to inspire confidence and trust to enable a complex world to work. We do so by protecting and serving the public interest, promoting transparency, supporting investor confidence and economic growth and nurturing talent to provide future business leaders . We help clients by :

Ensuring their accounts comply with the requisite audit standards
Providing a robust and clear perspective to audit committees and
Providing critical information for stakeholders.

Our Service Offerings include External Audit, Financial Accounting Advisory Services (FAAS) , IFRS & US GAAP conversion , IPO and other public offering, Corporate Treasury - IFRS 9 accounting & implementation support etc.

Your Key Responsibilities

Technical Excellence

Job description
Experience in preparation and review of EU FinRep reporting templates based on IFRS and in accordance with EBA/ Regulatory guidelines.
Ensure accuracy, completeness, and timeliness of the EU FINREP regulatory submissions.
Supported global banks on FINREP remediation programs including S.166 and shadow S.166 work
Analyse and interpret regulatory changes on FINREP and implement updates in reporting frameworks.
Liaise with internal stakeholders and regulators to resolve reporting queries and discrepancies involving data attributes and data lineage for FINREP.
Be well versed with analytical reviews on periodic FINREP reporting including following up with regional stakeholders to capture the correct explanations for variances and provide business insights on financial performance.
Ensure compliance with key IFRS standards such as IFRS 9 (Financial Instruments), IFRS 7 (Risk disclosures), IFRS 10 (Consolidation), IFRS 13 (Fair Value Measurement), and IFRS 15 (Revenue Recognition).
Experience in Expected Credit Loss as per IFRS 9 for banks.
Prepare and review monthly, quarterly, and annual financial statements for banks in compliance with IFRS standards.
Maintain and enhance internal controls over financial reporting (ICFR) as relevant for EU FINREP reporting.
Experience in change Management/Finance Transformation including driving automation initiatives using tools like Alteryx, VBA, Power BI, or ERP systems (SAP/Oracle).
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/ MBA (Finance))
Good academic record (1st/2nd time passes for ICAI or equivalent)
Experience in EU/UK PRA FINREP Regulatory reporting as applicable to global banks.
Ability to explain complex IFRS accounting effects on various financial instruments including derivatives and financial reporting issues simply.
Strong IFRS financial reporting experience in large banks.
Understanding of UK/EU FINREP guidelines, IFRS standards (especially IFRS 9) and preparation and consolidation of financial statements.
Minimum of 4.5-8 years of relevant post qualification experience.
Experience with data reconciliations and large datasets as part of FINREP reporting.

Skills And Attributes

To qualify for the role you must have

Qualification

A qualified CA (or equivalent e.g. CPA/ ICAEW/ ACCA/ MBA (Finance))

Experience

Minimum of 4.5-8 years of relevant post qualification experience.

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 positive energy, while being adaptable and creative in their approach.

What We Offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, 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 while allowing our people to build their careers 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 shaping the future with confidence. Apply Now

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