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.

EY GDS- Assurance FAAS– Senior / Assistant Manager – Investment Accounting Specialist

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.

In a world that’s changing faster than ever, our purpose acts as our ‘North Star’ guiding our more than 300,000 people – providing the context and meaning for the work we do every day. In doing so, we play a critical role in building a better working world for our people, clients and communities. Thanks to our innovative services in auditing, tax consulting as well as transaction and management consulting, we proudly drive our clients into the future. As the only one of the Big 4 with a specialist cross-border practice dedicated to the Financial Services Sector, we offer our clients seamless, consistent and high-quality services around the globe. With our Assurance Services, we strengthen public confidence in global capital markets and promote sustainable growth. If you’re looking to develop your individual skills whilst working in interdisciplinary and multicultural teams, come join us!

We provide advisory services encompassing:

• Accounting, reporting and controlling process assessment and design including information systems implementation
• Finance process optimization and automation incl. Robotics Process Automation
• Accounting and regulatory support on accounting change in IFRS (IFRS conversion and implementation, new standards implementation)
• Financial consolidation
• Transactions accounting
• Audit readiness and audit remediation services
• Finance function strategic transformation
• Data analytics and visualization
• Investment Accounting, hedge accounting and derivative accounting
• Short term assignments to finance functions – accounting specialist, compliance specialist, consolidation specialist, controller etc.

Key Roles and Responsibilities:

• Manage debt servicing and operations of company’s borrowing portfolio, foreign exchange, derivative transactions
• Manage subledger and reconcile with the general ledger.
• Handle investment accounting for alternative assets, including private credit and real estate.
• Address automation challenges related to investment processes.
• Perform detailed variance analysis and communicate findings to clients.
• Work with Investment Systems such as FIS, SAP Module, Calypso, Clearwater and BlackRock & Treasury Management Systems (TMS) such as Reval, Kariba, and FIS Quantum.
• Support securitization transactions and de-recognition assessments.
• Ensure all deliverables are prepared accurately and with a high level of quality.
• Ensure ad hoc requests from clients and investors are addressed in a timely manner.
• Performing month-end close processes.
• Develop knowledge of tools and applications in support of the accounting function and highlight opportunities for improvement.
• Good knowledge of Investment and Derivative products (i.e. Fixed Loans, MBS, IRS, CCS, Repo etc)
• Knowledge Front office and back-office trade of products with end accounting
• Sector specific knowledge of Insurance, Banking and Assets/wealth Management
• Ensure compliance with IFRS/ GAAP and statutory reporting.
• Participating in the proposal development process for prospective investments engagements
• Support in delivery of accounting and regulatory change projects by assessing engagement risks, driving conclusions
• Preparation of underlying materials as well as leading/participation in client workshops

Our Requirements:

• A minimum of 3 years of relevant experience in Audit, Controllership and/or Consulting within the Banking sector – incl. expertise in latest IFRS/ US GAAP developments
• Bachelor’s or master’s degree in finance, complemented with a further relevant professional education (e.g. Chartered Accountant, CPA, or ACCA)
• Expertise in Investment Systems is preferred
• Expertise in investments and related accounting policies.
• Advanced skills and experience with: Financial risk management (currency, interest rate), Cash flow forecasting, Treasury technology
• Good understanding of IFRS/US GAAP and International auditing standards.
• Knowledge of IFRS/ US GAAP for financial instruments
• Strong analytical and problem-solving skills.
• Experience in large asset management firms (e.g., Blackstone, State Street, PIMCO, Invesco) or banking institutions is preferred
• Prior exposure to managed services, controllership functions, or financial reporting is a plus
• 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

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.