Transaction Accountant

The opportunity:

We're looking for an incumbent who is competent enough to provide accounting and advisory services including support for GAAP conversion and implementation; IPO and other public offering assistance, transaction accounting and financial reporting assistance (purchase price allocation, divestiture accounting).

Your Key Responsibilities:

• Manage service delivery
• Execute the following FAAS solutions using global service delivery framework
• Accounting 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 EYI 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 IPOs, SPACs, Carve Outs, PPA etc
• GAAP conversions and implementation of new accounting standards
• Drafting and designing accounting policies
• Technical accounting research and advice
• Consolidation support
• Financial statement close process support
• Remediation and readiness

To qualify for the role, you must have:

• Chartered Accountant (CA), CPA (US) or ACCA (UK)
• 1-3 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