EY India.

Assistant Manager - Assurance - National - FAAS-Financial&AccountingAdv - Mumbai

EY India.
Mumbai, Maharashtra, India
Competitive salary
17 Aug 2022
27 Aug 2022
Approved employers
Approved employer
Job role
Experience level
Assistant Manager - Insurance FAAS

The opportunity

  • EY Financial Accounting Advisory Services (FAAS) is hiring for its FS Sector in Gurugram, Mumbai and Bangalore location, full time CAs with experience in International Financial Reporting Standards (IFRS) along with US Certified Public Accountant (CPA) qualification with 3 - 5 years of relevant experience in the Insurance domain.
  • The Financial Accounting Advisory Services (FAAS) team specialises in helping clients implement changes to financial and regulatory reporting. The areas we work include USGAAP/ Ind AS/IFRS conversion support, implementation of new USGAAP/Ind AS/IFRS, Digital finance, providing managed services support, accounting control or process support and assistance with public offerings. We are interested in hearing from energetic chartered accountants with deep experience in IFRS (IFRS 17 Insurance contracts preferred) and US CPA who want to build their career in a Big 4 professional services firm like EY. Our opportunities will allow you to have the chance to apply your financial accounting and regulatory knowledge in the advisory space, work on a wide variety of projects and offer you excellent career progression opportunities. We are currently recruiting for Consultants/Senior Consultants/Managers/Senior Managers in the financial services domain, who can help support our ambitious growth plans.

Your key responsibilities

  • Assistance in the development of the new accounting and reporting processes to feed into the IFRS 17 and other IFRS reporting product.
  • Work closely with other functions, including Business Management Actuarial, Economic Valuation & Methodology (EVM), Economic Reporting, Reinsurance FP&A, Regional Reinsurance Finance teams, Finance IT, etc.
  • Significant involvement in the design, planning, and execution of the accounting & reporting solution system both from a functional and user perspective
  • Supporting the testing and data workstreams
  • Contribute to IFRS 17 prototyping and parallel run
  • Working with central and local project management, including local workstreams, to support planning and execution of delivery plans
  • Strategic Decision Making & Relationship Building: The tactical and strategic decisions will include making and supporting judgments and assumptions relating to Client financial statements and disclosures. Other aspects will require the ability to influence key stakeholders and deliver superior customer service.

Skills and attributes for success

  • Excellent time-management and organizational skills with experience in working toward tight deadlines
  • Experience with SOX 404 and internal control over financial reporting
  • Experience in SQL would be preferred but not mandatory
  • Demonstrated professional commitment, initiative, accountability and ownership of assignments
  • Comfortable working in a fast-paced environment and adept at handling change
  • Ability to effectively facilitate and present the view point in group meetings

To qualify for the role you must have

  • Bachelor's Degree in Accounting or related field
  • Qualified Charted Accountant
  • Certified Public Accountant (USA)
  • Minimum of 3 years of relevant work experience within Insurance practice of Big 4 ccounting firm with experience in IFRS / Ind AS/ USGAAP/IFRS 17and SEC reporting experience. Alternatively, candidate should have experience within finance function of insurance or Insure tech company
  • Strong technical knowledge of IFRS/ IFRS 17/U.S. GAAP and SEC accounting and reporting requirements

Ideally you'll also have

  • Excellent communication skills, both written and verbal
  • Strong analytical, problem-solving, and strategic-thinking skills with a forward-looking focus
  • Strong interpersonal skills and ability to thrive in a team environment working with others

What we look for

People with the ability to work in a collaborative way to provide services across multiple client departments while adhering to 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.

What working at EY offers

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we're using the finance products, expertise and systems we've developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

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