FAAS - Finanance Transformation - Senior
- Thiruvananthapuram, Kerala
- Permanent
- Full-time
- Collaborate with the Managers, Senior Managers and the Partners to execute a FAAS strategy that satisfies high client expectations, support the planning, budgeting, execution and delivery of the engagements.
- Actively contribute to the FAAS engagement team by understanding and responding to client's needs and expectations. Develop client-focused, clear, accurate and well-presented work products.
- Execute finance transformation engagements using Global Service Delivery framework, ensuring timely delivery and compliance with EY's high standard requirements.
- Participating in meetings and interviews with client personnel to gather insights and foster strong working relationships.
- Knowledge and working experience in key business processes including Record to Report, Plan-to-Perform, Order-to-cash, Procure-to-Pay, Acquire to Dispose and Hire-to-Retire.
- Demonstrate finance process design or improvement skills by critically reviewing existing finance processes, making recommendations for rationalization and improvement, and implementing operational changes.
- Define and develop a finance target operating model. Design business and process models, and help define finance technology strategy, architecture, and roadmap.
- Design the finance performance management system by identifying performance drivers, aligning them to strategy, defining metrics and KPIs and benchmarking against industry standards.
- Execute technology led finance transformation projects for clients, leveraging innovative solutions to enhance efficiency and effectiveness.
- Identify engagement and client service issues. Benchmark client data against industry data to provide actionable recommendations for improvements.
- Work collaboratively with team members to ensure timely completion of work deliverables while managing time spent against budget constraints.
- Support the development of new service offerings and go-to-market strategies.
- Participating in development of proposals related to our offerings, contributing to the creation of proposals related to our offerings.
- Contribute to the creation of new services, tools and materials to enhance market success and client satisfaction.
- Ensure quality in delivering client service by directing daily progress of fieldwork, informing Managers / Senior Managers etc. of engagement status.
- Support the development and management of the relationships with external and internal (EY) clients fostering collaboration and trust.
- Supporting other ad-hoc internal initiatives geared towards improving our group's efficiency, effectiveness and integration with other service lines.
- Demonstrate a solid understanding of accounting concepts. Stay informed of professional standards and firm policies; effectively applying this knowledge to moderately difficult and/or complex client situations.
- Apply independent and objective professional judgment in applying accounting standards to meet engagement expectations, including regulatory requirements.
- IT Systems Experience: Strong preference for candidates with experience in IT systems such as SAP, Oracle, Microsoft Dynamics 365, or similar platforms.
- Finance Transformation Project Experience: Demonstrated experience in Finance transformation projects, including but not limited to:
- Finance Performance Management:
- Identifying performance drivers and aligning them with strategic objectives.
- Defining metrics and KPIs while benchmarking against industry standards.
- Optimizing cost management protocols.
- Implementing working capital productivity solutions.
- Enhancing the cost efficiency of the finance function.
- Finance Process Improvement:
- Accounts Payable and Receivable management.
- Fixed Assets and Capital Budgeting processes.
- Banking and Cash Management.
- Closing, Consolidation, and Reporting.
- Business Planning, Budgeting, and Forecasting.
- Finance Operating Model Design:
- Exposure to finance operating model design, service management, and performance management (including SLAs and KPIs).
- Experience in developing target operating models for Lean finance.
- Finance Information and Systems Optimization:
- Finance data management and optimization of the Chart of Accounts.
- Experience with ERP Systems Implementation (SAP, Oracle, Microsoft Dynamics 365, etc.).
- Travel Requirements: Willingness and ability to travel approximately 50% to 80% of the time.
- Accounting Regulatory Knowledge: Strong understanding of IFRS.
- Analytical and Problem-Solving Skills: Excellent problem-solving and analytical abilities.
- Interpersonal Skills: Strong listening skills, inquisitive nature, intellectual curiosity, and self-starter qualities.
- Communication Skills: Effective written and verbal communication skills, with a demonstrated ability to present complex information clearly and concisely.
- Management Interface: Ability to interface with all levels of management, both within EY and with clients.
- Project Management: Experience managing multiple projects under tight deadlines.