Accounting Associate

Ernst & Young LLP ( EY India )


Not disclosed

Work from Office

Full Time

Min. 2 Years

Job Details

Job Description

Senior - Transactions - Financial Accounting & Advisory Services

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

EY GDS - Assurance FAAS - Senior

As part of our EY-Assurance Team, the individual will be responsible for working closely with FAAS Assistant Managers, Managers and Senior Managers on client engagements across Americas and EMEIA.

The opportunity

We’re looking for an incumbent who is competent enough to provide advisory services including Accounting and regulatory support for GAAP Conversion and implementation; IPO and other public offering assistance, transaction accounting and financial reporting assistance (purchase price allocation, divestiture accounting).We’re looking for an incumbent who is competent enough to provide advisory services including Accounting and regulatory support for accounting change and special matters; accounting processes and controls support (remediation, long-term contract accounting and cost accounting); GAAP Conversion and implementation; IPO and other public offering assistance and transaction accounting and financial reporting assistance (purchase price allocation).

Your key responsibilities

  • Manage quality of service delivery
  • Execute the following FAAS solutions using Global service delivery framework:
  • Accounting and PMO support for transactions such as purchase price accounting, divestiture/carve-out accounting, IPOs, SPACs and/or Fresh start (Bankruptcy) accounting
  • Preparation of financial statements/MD&A
  • GAAP conversion
  • Accounting policy and governance
  • Accounting Processes
  • Ensure quality in delivering client service by directing daily progress of fieldwork, informing Supervisors of engagement status
  • Follow through on client requests in a timely fashion, and manage expectations regarding the timing of deliverables and reports
  • Identify engagement and client service issues. Research and benchmark client data to industry data.
  • Explain the client's critical success factors to the engagement team.
  • Benchmark client data to industry data in order to make possible recommendations for improvements
  • Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.
  • Demonstrate a good understanding of accounting concepts; stay informed of professional standards and firm policies (e.g., guidelines of the EY GDS FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations
  • Receive direction from the Manager, Senior Managers

Skills and attributes for success

  • Good understanding of IFRS/US/UK GAAP.
  • Good understanding of Indian accounting and auditing standards.
  • Strong written and verbal communication, presentation, and technical writing skills
  • Ability and comfort level in researching client inquires and emerging issues, including regulations,industry practices and new technologies
  • Flexibility and willingness to travel on short notice, as necessary
  • Working experience in relation to the following services/solutions (atleast three):
    • Transaction accounting and reporting – IPO’s, SPACs, Carve Outs, PPA etc
    • GAAP conversions and implementation of new accounting standards
    • Drafting and designing accounting policies
    • Technical accounting research and advice
    • Consolidation and Compilation support
    • Financial statement close process support
    • Audit Remediation and readiness
    • Benchmarking services and market analysis

To qualify for the role, you must have

  • Chartered Accountant (CA), CPA (US) or ACCA (UK)
  • 2-5 years (post qualification) in Assurance including at least 1 years of Financial Accounting and Advisory experience
  • Candidates with prior Big4 experience would be an added advantage

Ideally, you’ll also have

  • Interest in business and commerciality.

What we look for

  • A Team of people with commercial acumen, technical experience and enthusiasm to learn new things in this fast-moving environment
  • An opportunity to be part of a market-leading, multi-disciplinary team of 7200 + professionals, in the only integrated global assurance business worldwide.
  • Opportunity to work with EY GDS Assurance practices globally with leading businesses across a range of industries

What working at EY offers

At EY, we’re dedicated to helping our clients, from start–ups to Fortune 500 companies — and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:

  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that’s right for you

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

Job role

Work location

Bengaluru, KA, IN, 560016


Finance & Accounting

Role / Category

Payables / Receivables Management

Employment type

Full Time


Day Shift

Job requirements


Min. 2 years

About company


Ernst & Young LLP ( EY India )

Job posted by Ernst & Young LLP ( EY India )

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