Senior, Record to Report Optimization (Financial Accounting & Advisory Services)

Job Description

At EY, you’ll 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 we’re 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. 

 

 

 

 

About EY 
EY is a global leader in assurance, tax, transaction, and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all our stakeholders. In doing so, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
 

About EY Global Delivery Services (GDS) Assurance 
EY Global Delivery Services (GDS) Assurance practice supports global EY client–serving teams with their reviews across industry sectors, including financial services, manufacturing, and technology, among others. Through the right multidisciplinary team of professionals with the sector knowledge and subject matter expertise, EY GDS Assurance enables EY client teams in over 30 countries to help world’s leading companies meet their audit requirements.
 

Position Summary
Financial Accounting Advisory Services (FAAS) professionals provides advisory services including Accounting and regulatory support for accounting change and special matters, accounting processes and controls support.

We are looking for an experienced Finance Transformation professional with a strong focus on Record-to-Report Optimization (R2R) Solution to join EY FAAS team. The ideal candidate will bring subject matter expertise to enhance our FAAS services.

The Senior will be responsible for the timeliness and quality of the work as per EY Global Standards for our FAAS team. While the Senior will be based out of our Gurugram or Bengaluru or Mumbai offices, the individual will be responsible for supporting EY practices and clients across the Global Market. Also, the individual may be required to travel to other countries (short-term) for executing the client engagements.
 
Primary Responsibilities
The Senior will be part of teams of FAAS professionals, executing engagements covering a broad spectrum of R2R Optimization areas. The individual will be responsible for the following tasks:

• Assist in scoping the engagement and planning Discovery Workshops with the client to assess current state and perform comprehensive needs analysis including, 
  • Identify and document current R2R processes, KPIs, risk metrics, pain points, and inefficiencies
  • Engage with stakeholders to understand business requirements and objectives
  • Conduct a gap analysis to determine improvement or automation opportunities
• Coordinate with multiple teams to run detailed solutioning & delivery including: 
  • Redesign processes to eliminate inefficiencies and incorporate best practices
  • Evaluate appropriate R2R Optimization tools that meet the project requirements based on factors such as integration capabilities, scalability, user-friendliness, and cost
  • Assist in designing processes on the chosen R2R Optimization tools to fit the future state operating model
  • Assist in customizing features and settings to meet specific business needs
• Advise clients on a variety of topics including optimization of month-end close, journal entry rationalization, reconciliation optimization, chart of accounts rationalization and related tasks 
• Assist in providing strategic recommendations to senior management on utilizing new technologies, automation, and digitalization to drive innovation in the Controllership function
• Assist in change management efforts to ensure smooth adoption and integration of new processes, technologies, and ways of working
• Perform detailed documentation and facilitate training programs and workshops to enhance end-user understanding and proficiency in R2R solutions during handover

Qualifications, skills, and experience 

To qualify, candidates must have:

• Chartered Accountant (CA), CPA (US), ACCA (UK) or MBA with 2-6 years of relevant experience
• Knowledge of Finance domain with deep expertise in Record-to-Report lifecycle 
• Certification in Blackline / FloQast / Trintech and/or hands on experience working on similar tools
• Strong understanding of Account Reconciliation, Consolidations, Intercompany accounting, Transaction Matching, Journal Entry and Task Management, Variance analysis, Smart close modules including but not limited to account setup, match rule construction, metrics, journal entry management, task management, and other R2R processes
• Proficiency in current state analysis (As is), future state analysis (To be), process optimization, data optimization, data analytics, data management

 

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.