Executive - Assurance - National - ASU - FAAS - Financial&AccountingAdv - Ahmedabad
Ernst & Young (EY)
1 - 3 years
Ahmedabad
Posted: 27/09/2025
Job Description
Requisition Id : 1648433
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.
The opportunity : Executive-National-Assurance-ASU - FAAS - Financial&AccountingAdv - Ahmedabad
ASU - FAAS - Financial&AccountingAdv :
Assurance’s purpose is to inspire confidence and trust to enable a complex world to work. We do so by protecting and serving the public interest, promoting transparency, supporting investor confidence and economic growth and fostering talent to provide future business leaders. We help clients by:
1) Ensuring their accounts comply with the requisite audit standards
2) Providing a robust and clear perspective to audit committees and
3) Providing critical information for stakeholders.
Our Service Offerings include External Audit, Financial Accounting Advisory Services (FAAS), IFRS & US GAAP conversion, IPO and other public offering, Corporate Treasury - IFRS 9 accounting & implementation support etc.
Your key responsibilities
Technical Excellence
Technical excellence in US GAAP, IFRS and Ind AS
Manage / execute FAAS projects, develop and implement solutions
Identify and develop business opportunities; manage accounts
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
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.
Regular travel will be required as you will be meeting with key clients
Skills and attributes
To qualify for the role you must have
Qualification
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 1-3 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.
Experience
About the EY FAAS team
FAAS assists EY’s advisory clients in solving their complex accounting and financial reporting issues in Indian GAAP, IFRS, US GAAP, or Ind-AS.
FAAS solutions are provided by a senior team – generally, manager and above - with strong financial reporting skills, in-depth sector knowledge, and an advisory mindset.
The challenge of working in the FAAS team is very different from being part of the Audit or Assurance practice or even an industry role, although all of your experience to date will be relevant. Firstly, all assignments are project-based, and the primary skill-set required is one of problem solving not problem identification. In addition, you will very often find yourself working as part of a multi-disciplinary team, alongside EY professionals from the Transaction Support, Advisory, Valuations or Tax team. And at manager level and above, you will be responsible for an account portfolio, developing further opportunities to support our clients.
FAAS is strongly aligned to the accounts and Business Unit structure at EY, which is set up according to sector. This means that you will have the chance to improve your sector knowledge of particular industries. FAAS also has a strong network within EMEIA and the Global firm of EY, which means we can bring the best practices and experiences to bear for our clients in India. It may also offer opportunities for international exposure for FAAS India team members.
All this provides an excellent opportunity to build on the skills and knowledge you have developed to date in audit or in industry, and to increase the breadth of your experience in the financial reporting implications of transactions, business models, systems implementation and tax planning.
FAAS is a small and fast-growing team with excellent exposure to the firm’s key clients, and gives excellent growth opportunities for the right candidates.
FAAS solutions include:
FAAS solution
Description/examples of types of projects undertaken by FAAS
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
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
What we look for
People with the ability to work in a collaborative manner to provide services across multiple client departments while following the 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. We look for people who are agile, curious, mindful and able to sustain postivie energy, while being adaptable and creative in their approach.
What we offer
With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.
EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world. Apply now.
About Company
Ernst & Young (EY) is a global professional services firm specializing in audit, consulting, tax, and advisory services. Headquartered in London, EY operates in 150+ countries, serving businesses across various industries. The firm is known for helping clients navigate financial regulations, optimize operations, and implement innovative technologies. EY is also a leader in risk management, mergers & acquisitions, and sustainability consulting. With a strong focus on digital transformation and AI-driven solutions, EY continues to be a trusted partner for corporations worldwide.
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