FAAS - Assurance Banking Manager

Recruiter
EY
Location
London
Salary
Competitive
Posted
12 Sep 2017
Expires
20 Sep 2017
Contract Type
Permanent

The Financial Accounting Advisory Services (FAAS) team specialises in advising clients on the practical implementation of new accounting and regulatory standards as well as assisting clients in interpreting and complying with existing financial accounting standards. Given the dynamic and innovative landscape of financial products, the need to understand and implement financial accounting in an equally accounting and regulatory changing environment, presents the added complexity which FAAS specialists seek to address while working with their clients.

The Banking sub-team is currently comprised of twenty-five staff. Particular areas of focus at present include implementation of the new impairment and classification and measurement rules under IFRS 9, the new leasing and revenue recognition standards, IFRS conversion and transition to the new UK GAAP, responding to regulatory reporting change, specifically FINREP and other areas of CRD IV, and involvement in financial instrument specialist advisory projects. The team is working with a number of banking clients on these and other opportunities.

We provide FAAS services to audit and non-audit clients alike and work alongside other service lines, including performance improvement, technology, risk and transaction advisory. We also look to leverage our network across FAAS EMEIA.

What you will do:

  • Support our contribution to the development and debate surrounding IFRS and other accounting and regulatory developments, focusing on the practical impact on clients;
  • Participate in and in some cases lead discussions with clients and present complex messages skilfully;
  • Conduct analyses on accounting policies applied in financial statements to support due diligence teams;
  • Work with a variety of clients, providing practical solutions for complex accounting and regulatory reporting problems;
  • Work with the financial reporting teams of our clients to help deliver financial information and to improve reporting processes;
  • Research technical issues and develop briefing papers for clients and our own staff that build the firm's intellectual capital and contribute towards thought leadership;
  • Deliver high quality projects;
  • Provide technical advice to ad-hoc queries from clients and internal staff;
  • Engage in business development and other marketing activities for the FAAS Banking team to help grow the business;


Requirements:

  • ACA/ CA/ ACCA (ICAEW, ICAS, Irish Institute or equivalent international qualification) - preferably first time passes
  • Ability to network effectively within large organisations and build relationships with individuals and clients
  • Strong interpersonal skills: written, presentation and influencing
  • Significant exposure to regulatory frameworks eg Basel
  • Exposure to financial reporting and/or regulatory reporting (financial information, capital or liquidity reporting)
  • Drafting of technical accounting papers
  • Technically sound and an understanding and appreciation of recent accounting developments
  • Ability to organise and work well under tight deadlines
  • Analytical capability, attention to detail
  • Ability to research and explain complex subjects in a clear manner