Assurance - FSO - FAAS - Staff

Job description

Financial services related experience criteria:
·  Experience in the design and development of Finance function internal controls and related policies and procedures
·  Experience in implementation of new accounting standards (e.g., IFRS 9, 16, 17)
·  Proficient in foreign banking – branch license application process
·  Proficient in asset securitization accounting analysis under Chinese Accounting Standards and accounting process
·  Proficient in International Financial Reporting Standards (IFRS)
·  Experience in ISAE 3402 custodial services internal control reporting
·  Language requirement for Manager:  confident in speaking English and proficiency in reading and writing English

About FSO FAAS.

Dramatic changes across world markets and ongoing economic uncertainty have had a significant impact on the role of the CFO and boards in managing reporting by companies. Balancing the need to meet the increasing demands of shareholders and regulators while clearly and accurately communicating to the market have created a growing demand for specialist assistance. Companies seeking to optimize their business in these conditions are responding by demanding increasingly integrated accounting solutions extending beyond audit to areas of:
·  governance
·  financial accounting
·  financial and regulatory reporting
·  accounting processes
·  treasury management
·  information technology enablement
In conjunction with our focus on the market and our clients, Financial Services Organization (FSO) FAAS (Financial Accounting Advisory Service) is set up to serve as trusted advisors, both practical and innovative, who lead EY in account centricity and inspire confidence in addressing accounting and financial and regulatory reporting challenges driven by the changing economic and regulatory environment for our financial services clients. In conjunction with our focus on the market and our FSO clients, we are committed to developing and expanding the competencies of our people, focusing on services where the most significant opportunities exist and encouraging a greater advisory focus.

As business advisor, the focus of FSO FAAS is on helping financial services clients to navigate the ever-changing accounting and reporting landscape. Service offerings of FAAS practice include, but not limited to, the following:
·  Financial Accounting Excellence
·  Implementation of new accounting standards (e.g., IFRS 4, IFRS 9, IFRS 15)
·  Support, design, and development of accounting and reporting policies
·  Accounting and reporting processes, systems and related internal controls advisory and support
·  Transaction Accounting
·  Asset securitization (accounting advisory and due diligence)
·  Accounting assistance on mergers & acquisition financial due diligence
·  IPO and other public offerings or other refinancing
China FSO FAAS aims to play a key role in assisting and driving Chinese and inbound foreign financial institutions in continuously developing and improving their accounting practices and finance functionality in the fast changing China market. China FSO FAAS team will commit to developing our practice, our people, and working to achieve EY vision 2020 and FAAS goal.

 

About FSO FAAS.

Responsibilities: 
Dramatic changes across world markets and ongoing economic uncertainty have had a significant impact on the role of the CFO and boards in managing reporting by companies. Balancing the need to meet the increasing demands of shareholders and regulators while clearly and accurately communicating to the market have created a growing demand for specialist assistance. Companies seeking to optimize their business in these conditions are responding by demanding increasingly integrated accounting solutions extending beyond audit to areas of:
·  governance
·  financial accounting
·  financial and regulatory reporting
·  accounting processes
·  treasury management
·  information technology enablement
In conjunction with our focus on the market and our clients, Financial Services Organization (FSO) FAAS (Financial Accounting Advisory Service) is set up to serve as trusted advisors, both practical and innovative, who lead EY in account centricity and inspire confidence in addressing accounting and financial and regulatory reporting challenges driven by the changing economic and regulatory environment for our financial services clients. In conjunction with our focus on the market and our FSO clients, we are committed to developing and expanding the competencies of our people, focusing on services where the most significant opportunities exist and encouraging a greater advisory focus.

As business advisor, the focus of FSO FAAS is on helping financial services clients to navigate the ever-changing accounting and reporting landscape. Service offerings of FAAS practice include, but not limited to, the following:
·  Financial Accounting Excellence
·  Implementation of new accounting standards (e.g., IFRS 4, IFRS 9, IFRS 15)
·  Support, design, and development of accounting and reporting policies
·  Accounting and reporting processes, systems and related internal controls advisory and support
·  Transaction Accounting
·  Asset securitization (accounting advisory and due diligence)
·  Accounting assistance on mergers & acquisition financial due diligence
·  IPO and other public offerings or other refinancing
China FSO FAAS aims to play a key role in assisting and driving Chinese and inbound foreign financial institutions in continuously developing and improving their accounting practices and finance functionality in the fast changing China market. China FSO FAAS team will commit to developing our practice, our people, and working to achieve EY vision 2020 and FAAS goal.

Financial services related experience criteria:

 
Requirements:
·  Experience in the design and development of Finance function internal controls and related policies and procedures
·  Experience in implementation of new accounting standards (e.g., IFRS 9, 16, 17)
·  Proficient in foreign banking – branch license application process
·  Proficient in asset securitization accounting analysis under Chinese Accounting Standards and accounting process
·  Proficient in International Financial Reporting Standards (IFRS)
·  Experience in ISAE 3402 custodial services internal control reporting
·  Language requirement for Manager:  confident in speaking English and proficiency in reading and writing English

HR Number: 85244