Manager - Assurance - National - ASU - FAAS - Financial&AccountingAdv - Chennai

Requisition Id: 1734875   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  : Manager-National-Assurance-ASU - FAAS - Financial&AccountingAdv - Chennai National : National comprises of sector agnostic teams working across industries for a well rounded experience. 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 nurturing 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

Job description Experience in preparation and review of EU FinRep reporting templates based on IFRS and in accordance with EBA/ Regulatory guidelines. Ensure accuracy, completeness, and timeliness of the EU FINREP regulatory submissions. Supported global banks on FINREP remediation programs including S.166 and shadow S.166 work Analyse and interpret regulatory changes on FINREP and implement updates in reporting frameworks. Liaise with internal stakeholders and regulators to resolve reporting queries and discrepancies involving data attributes and data lineage for FINREP. Be well versed with analytical reviews on periodic FINREP reporting including following up with regional stakeholders to capture the correct explanations for variances and provide business insights on financial performance. Ensure compliance with key IFRS standards such as IFRS 9 (Financial Instruments), IFRS 7 (Risk disclosures), IFRS 10 (Consolidation), IFRS 13 (Fair Value Measurement), and IFRS 15 (Revenue Recognition). Experience in Expected Credit Loss as per IFRS 9 for banks. Prepare and review monthly, quarterly, and annual financial statements for banks in compliance with IFRS standards. Maintain and enhance internal controls over financial reporting (ICFR) as relevant for EU FINREP reporting. Experience in change Management/Finance Transformation including driving automation initiatives using tools like Alteryx, VBA, Power BI, or ERP systems (SAP/Oracle). Coach junior team members, encourage technical excellence and learning. Integrate with other EY service lines on multi-disciplinary projects. Contribute to thought leadership and participate in marketing activities. To qualify for the role you must have Experience in EU/UK PRA FINREP Regulatory reporting as applicable to global banks. Ability to explain complex IFRS accounting effects on various financial instruments including derivatives and financial reporting issues simply. Strong IFRS financial reporting experience in large banks. Understanding of UK/EU FINREP guidelines, IFRS standards (especially IFRS 9) and preparation and consolidation of financial statements. Experience with data reconciliations and large datasets as part of FINREP reporting. Exposure to automation and data visualization tools (Alteryx, SQL,