EY- Wealth & Asset Management

EY India - Assurance FAAS

At EY, youll 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 were 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.

In a world thats changing faster than ever, our purpose acts as our North Star’ guiding our more than 300,000 people – providing the context and meaning for the work we do every day. In doing so, we play a critical role in building a better working world for our people, clients, and communities. Thanks to our innovative services in auditing, tax consulting as well as transaction and management consulting, we proudly drive our clients into the future.

The opportunity

The position is specifically for Wealth & Asset Management sector. We’re looking for an incumbent who has extensive knowledge of the wealth and asset management business drivers and financial sector. He should competent enough to provide advisory services including finance optimization, system implementation, financial statement close process support, regulatory and statutory reporting, advanced data readiness & analytics, audit and control support. The incumbent will work for top global clients across a wide variety of markets and industry sectors thus experience of working with clients in either the financial services or more specifically WAM sector is preferred.

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, EMEIA or APAC.

Your key responsibilities

• Ensure quality of service delivery
• 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.
• Explain the client's critical success factors to the engagement team.
• Benchmark client data to industry data 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 FAAS Policy Manual); and effectively apply this knowledge to moderately difficult and/or complex client situations
• Receive direction from the Manager, Senior Manager and Partner
• Supporting delivery of accounting and regulatory change projects by assessing engagement risks, driving conclusions
• Establishing and managing effective working relationships with peer-level clients as part of project delivery roles
• Contributing to business development activities to help identify and research opportunities on new / existing clients
• Contributing to the growth of the practice by providing input to EY Point of views, development of solutions, engagement tools and enablers
• Contributing to the development of your own and the team's technical skills by establishing a culture of highest performing teams, inclusive behaviours, and emotional intelligence

Skills and attributes for success

• Good understanding of IFRS/US/UK GAAP.
• Previous Wealth and Assets Management experience / knowledge essential
• Experience and working knowledge of fund administration and investment accounting platforms like Investran / Eagle etc
• Understanding of various fund structures like Master-Feeder, Fund of Funds, Blocker entities etc. and working knowledge of various investment products like equity and derivative instruments along with related accounting aspects.
• Experience and working knowledge in Private Equity funds
• Experience in investment accounting skillset
• Experience in fund accounting and fund financial reporting
• Experience in operational aspects like NAV finalization, reconciliations, management reporting and investor reporting, reconcile investor capital balances and allocation of Profit & Loss.
• Preparation of financial statements including a) Statement of Assets, Liabilities and Partners’ Capital, b) Statement of Operations, c) Statement of Changes in Partners Capital, d) Statement of Cash Flows, e) Schedule of Investments and f) Notes to Financial Statements including related disclosures

Professional experience:

Typical experience may include, whilst not limited to:

• Experience of working in a consulting role in Wealth and Asset Management, or a transformation role in industry, focusing on the Finance function
• Advanced skills and experience with finance optimization, system implementation, financial statement close process, regulatory and statutory reporting, management and financial reporting, consolidation reporting, advance data readiness and analytics, governance, controls and regulation.
• Experience and working knowledge of fund administration and investment accounting platforms like Investran / Eagle etc
• Experience and working knowledge of fund administration and investment accounting

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

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 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.