Deloitte - Consultant/Sr Consultant/Manager - Financial Accounting & Reporting Services

Function: U.S. India AERS

Service Area: AVA

Service Line / Market offering: Financial Accounting & Reporting Services

Work location: Delhi / Hyderabad

Job Description:

- Work with US teams on wide variety of US clients, including multinational corporations, investment banks, global financial institutions, insurance companies, energy companies, and commodity hedgers for the followings.

- Analyze structured transactions involving structured products, including option, future, forward, and swap for various accounting conclusions such as variable interest entities, Lease and derivatives.

- Provide specialized support to audit engagement teams and clients on the accounting for and auditing of physical and financial instruments, derivatives, hedge accounting and risk management activities.

- Assist client in reengineering existing or design new accounting processes around the use of derivatives, structured transactions, and hedging strategies. Evaluate internal controls around the trading, settlement, and accounting of commodity-related financial instruments and derivatives.

- Perform and review International Financial Reporting Standards (IFRS) conversion and various adjustments required to convert from US Generally Accepting Accounting Principles (GAAP) to IFRS.

- Assist US teams in research and training efforts around new IFRS and US GAAP convergence guidance.

- Conduct financial statement audit for Securities and Exchange Commission (SEC) clients.

- Assist with marketing efforts and development of proposals and business opportunities.

Additional - Professional and Technical Responsibilities:

- Develop excellent professional oral and written communication skills in order to establish working relationships with client personnel

- Exhibit a professional, business-like demeanor

- Apply problem solving skills and deliver Deloitte methodology on engagements

- Build and broaden industry knowledge to support organization and function initiatives by taking advantage of our AERS Learning curriculum of eLearning modules and local and national training programs

- Exercise professional judgment on engagements by providing proactive solutions and recommendations

- Provide recommendations for improved and enhanced business efficiency to clients

- Proactively manage career - set goals and career plans with advisor/career counselor

Experience: 0 to 9 Years

- Charted Accountant/ CPA/ Masters in Accounting

- Knowledge of US GAAP; IFRS standards;

- Experience with financial statement audit of SEC registered clients;

- Internal audit and internal control (Sarbanes Oxley Act 404 experience)

- Knowledge of Derivative and hedge accounting, consolidation and fair value accounting

AboutDeloitte:

- Deloitte- is the brand under which tens of thousands of dedicated professionals inindependent firms throughout the world collaborate to provide audit,consulting, financial advisory, risk management, and tax services to selectedclients. These firms are members of Deloitte Touche Tohmatsu Limited (DTTL), aUK private company limited by guarantee. Each member firm provides services ina particular geographic area and is subject to the laws and professionalregulations of the particular country or countries in which it operates. DTTLand each DTTL member firm are separate and distinct legal entities. Each DTTLmember firm is structured differently in accordance with national laws,regulations, customary practice, and other factors and may secure the provisionof professional services in their territories through subsidiaries, affiliates,and/or other entities.

In the United States, Deloitte LLP is the member firm of DTTL.Services are primarily provided by the subsidiaries of Deloitte LLP, including:

- Deloitte & Touche LLP

- Deloitte Consulting LLP

- Deloitte Financial Advisory Services LLP

- Deloitte Tax LLP

In India,Deloitte LLP has the following indirect subsidiaries: Deloitte & ToucheAssurance & Enterprise Risk Services India Private Limited, DeloitteConsulting India Private Limited, Deloitte Financial Advisory Services IndiaPrivate Limited, Deloitte Tax Services India Private Limited and DeloitteSupport Services India Private Limited. These entities, which together arereferred to as Deloitte U.S. India offices, primarily render services to their respective US-based parents.

U.S. India AERS

A collaborative venture between Deloitte& Touche LLP (U.S.) and Deloitte Haskins & Sells (India), U.S. India AERS provides Audit and Advisory services through a remote and integrated service delivery model. U.S. India AERS, a valuable extension of U.S. AERS organization, provides efficient service delivery for Audit and Advisory engagements. With strong capabilities in all the AERS Service Lines, U.S. India AERS professionals collaborate with client teams on projects across the spectrum of AERS engagements. U.S.India AERS operates from Hyderabad, Delhi and Bengaluru.