Job Description

Requisition Id : 1647016



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 : Assistant Manager-InterCompany Reconciliation- Financial Services - Hyderabad/Gurgaon/Chennai/Bangalore/Mumbai


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



CA



Skills and attributes

Reconciliation Management: Ensure accurate and timely reconciliation of intercompany transactions--across banking products - derivatives, loans/deposits etc. and related revenue recognition and transaction settlements--across multiple legal entities Period-End Close Activities: Lead and support month-end and quarter-end finance close processes for intercompany accounts, ensuring completeness and compliance with accounting standards. Variance Analysis: Investigate transactional level data to explain intercompany variances, identify root causes and recommend corrective actions. Coordinate with Regional Finance teams: Actively engage with regional finance teams, gather data, follow-up and take necessary actions to resolve breaks within timelines. Break Resolution: Daily monitoring of Intercompany breaks, facilitate quick resolution, follow-up for unresolved breaks from previous reporting periods Management Reporting : Report unresolved breaks above threshold to Management on timely basis. Journal Entry Oversight: Prepare and post adjusting journal entries to resolve discrepancies and align intercompany balances. Policy Compliance: Apply and uphold intercompany accounting policies and procedures to ensure regulatory and internal compliance. Audit Adherence: Ensure full adherence to audit, assurance and compliance requirements

.

To qualify for the role you must have


Qualification


Chartered Accountant (Preferred), ACCA or MBA


Experience


4-5 years of relevant experience



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.