GAAP conversions
Conversion of financial statements from IGAAP to Ind-AS
Reverse conversion for overseas acquisition (IFRS to IGAAP).
Consolidation implementation & accounting manuals
Accounting support for client when selecting new consolidation system for example, elimination entries required or multi-currency reporting
Preparation of accounting manual for group with multiple entities/jurisdictions IGAAP or IFRS
Transaction support and financial reporting
IFRS impact assessment for cross-border acquisition
EBITDA impact of acquisition
Carve-out and demerger accounting
Accounting policy alignment pre- or post-acquisition
Tax and tax reporting
Accounting solutions (IGAAP and IFRS) related to tax planning/structuring
IPO preparedness
Overall assessment of company s readiness from financial reporting/governance perspective for IPO process
Project manage production of financial information for IPO process
IFRS training, ad-hoc support and on-call services
Accounting support for new business models
Tailored training programme for specific company/industry
White paper/accounting advice on specific transactions
Your key responsibilities
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
Regular travel will be required as you will be meeting with key clients, some of those being the most respected in their fields.
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 3-5 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
Skills and attributes
To qualify for the role you must have
Qualification
CA
Experience
3-5 years
