EY - Senior - GDS Assurance

EY Global Delivery Services (- GDS- ) Assurance Senior Role Description

Who we are:

Ernst & Young is a global leader in Assurance, Advisory, Tax, Transaction advisory services (TAS) and Knowledge services. Worldwide, our 190,000 people are united by our shared values and an unwavering commitment to quality. EY is committed to doing its part in building a better working world. 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 of our stakeholders.

About EY's Global Delivery Services (- GDS- ):

GDS plays a vital role in supporting Ernst & Young's various service lines and business operations across the world. Over the past few years, GDS has grown exponentially and continues to scale new heights. First set up in 2002, GDS India has come a long way. GDS has grown from a single office in India with 80 employees to five offices in Bangalore, Gurgaon, Mumbai, Trivandrum and Chennai with close to 8000 employees.

About GDS Assurance:

EY gives assurance over the truth and fairness of financial statements when it carries out the audit of those financial statements. At GDS Assurance, practice currently comprises of providing support to global client serving teams in their audits of financial services, manufacturing, technology and many other industry sectors using the proven Global Audit Methodology (- GAM- ) and deploying the latest, high-quality auditing tools. GDS Assurance Seniors support internal EY assurance teams located in various offices across the globe to enable these teams to deliver efficient, flexible and high quality audits under the respective regulation. The quality of our audit starts with our 70,000 assurance professionals, who have the experience of working on many of the world's leading companies. And we work to give you the benefit of our broad sector experience, subject matter knowledge and the latest insights from Assurance worldwide. We strive to give you the well rounded experience along with a journey of learning.

Job Description:

As a GDS Assurance Senior, you would be the main point of contact from GDS for the tasks assigned by the global client serving audit teams and be responsible for the timeliness and quality of deliverables along with managing day to day operations of those engagements. The role requires the individual to possess technical knowledge, including ability to interpret audit and accounting standards and strong project management skills along with excellent communication and leadership skills. GDS seniors would have associate level personnel to work with at GDS and get the tasks executed from them along with performing a review as a senior, which is defined by the Global client serving audit teams. The role will provide a blended experience of EY's domestic and multinational clients who would get an exposure to various Auditing & Accounting standards like IFRS, US GAAP, US GAAS, UK GAAP or others.

Primary Responsibilities and Accountabilities:

- Lead an engagement from the GDS front and ensure the team delivers timely and high quality work, as per EY GAM and in line with the Global team expectations.

- Demonstrate strong understanding of GAM while performing reviews of audit procedures performed by GDS staff, along with knowledge of EY tools to make audits more efficient and meaningful.

- Develop and maintain productive relationships with key EY Global counterparts like Assurance executives based out of Americas or Europe.

- Develop an understanding of EY Quality and Risk Management procedures, and ensure these are embedded in to the engagement team's work.

- Proactively discuss work flow management with the audit teams, allocating resources to the assigned work and monitoring performance against standards. Monitor utilization for one's team, budget to actuals, and other operational matters.

- Demonstrate professionalism, competence and clarity of communication when dealing with GDS and Global audit teams.

- Establish expectations of value to be delivered to the respective GDS Global teams aligned.

- Identify opportunities to improve the scope of work for GDS on one's own engagements.

- Standardize audit processes along with leveraging best practices across one's aligned engagements or beyond.

- Motivate and lead one's GDS team members, identify and foster key talents, coach and supervise team members

- Be responsible for various operational matters related to engagements aligned.

- Conduct timely performance reviews and provide performance feedback/training. Lead by example.

Competencies / Skills:

- Knowledge of Indian accounting and auditing standards or knowledge of IFRS / UK GAAP / US GAAP and International auditing standards is an added advantage

- Excellent communication skills

- Effective interpersonal, risk management, facilitation and presentation skills

- Project management, leadership, coaching, counselling and supervisory skills

- Ability to spread positive work culture, teaming and live EY values

- The ability to quickly form strong working relationship with colleagues in India and global teams.

Job Specification

Education:

- Qualified Accountant (ICAI, CPA, ACCA)

Experience:

- Internship with other big four or mid-tier accounting firm

- 0-2 years post-qualification experience with Mid-or top-tier accounting firm or Big 4's, focused on external or statutory audits