The opportunity: Assistant Manager-National-Assurance-ASU - FAAS - Financial&AccountingAdv; - Mumbai

National :

National comprises of sector agnostic teams working across industries for a well rounded experience.

ASU - FAAS - Financial&AccountingAdv; :

Assurances 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 nurturing talent to provide future business leaders.

We help clients by :

- Ensuring their accounts comply with the requisite audit standards
- Providing a robust and clear perspective to audit committees
- 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

- Job description
- Experience in preparation and review of EU FinRep reporting templates based on IFRS and in accordance with EBA/ Regulatory guidelines.
- Ensure accuracy, completeness, and timeliness of the EU FINREP regulatory submissions.
- Supported global banks on FINREP remediation programs including S.166 and shadow S.166 work
- Analyse and interpret regulatory changes on FINREP and implement updates in reporting frameworks.
- Liaise with internal stakeholders and regulators to resolve reporting queries and discrepancies involving data attributes and data lineage for FINREP.




- Be well versed with analytical reviews on periodic FINREP reporting including following up with regional stakeholders to capture the correct explanations for variances and provide business insights on financial performance.
- Ensure compliance with key IFRS standards such as IFRS 9 (Financial Instruments), IFRS 7 (Risk disclosures), IFRS 10 (Consolidation), IFRS 13 (Fair Value Measurement), and IFRS 15 (Revenue Recognition).
- Experience in Expected Credit Loss as per IFRS 9 for banks.
- Prepare and review monthly, quarterly, and annual financial statements for banks in compliance with IFRS standards.
- Maintain and enhance internal controls over financial reporting (ICFR) as relevant for EU FINREP reporting.
- Experience in change Management/Finance Transformation including driving automation initiatives using tools like Alteryx, VBA, Power BI, or ERP systems (SAP/Oracle).
- 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.

Skills and attributes

To qualify for the role you must have

Qualification

- A qualified CA (or equivalent e.g. CPA/ ICAEW/ ACCA/ MBA (Finance))

Experience

- 4-6 years of relevant experience

What we look for

People with the ability to work in a team-oriented 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 positive energy, while being adaptable and creative in their approach.

📌 Assistant Manager-Assurance-National-ASU-FAAS-Financial&AccountingAdv (Mumbai)
🏢 EY
📍 Mumbai