Advisory Associate Solution Advisor in Accounting & Reporting Transformation Services – Deloitte Advisory, Deloitte & Touche LLP
Deloitte & Touche's Accounting and Reporting Transformation Market Offering helps CFOs, CCOs, controllers, and business unit finance leaders reduce financial reporting risk resulting from changes in statutory reporting requirements, market volatility and corporate actions or events, increase the financial integrity and transparency of cost allocations, enhance the efficiency of the “last mile of finance,” transform the finance function and enhance the value that finance delivers to their business.
Work you’ll do
Our professionals work with the global Deloitte teams on wide variety of clients, including multinational corporations, investment banks, global financial institutions, insurance companies, energy companies, and commodity hedgers for the following:
· Assists companies to understand, assess impact, and operationalize complex accounting and reporting changes resulting from shifting regulations, new accounting standards, and capital market transactions.
o Implementation and operationalization of New Accounting Standards & Accounting Policies (e.g. new lease and revenue recognition standards)
o Assisting clients with US GAAP to IFRS conversion and vice versa
o Mitigating reputational risk and financial reporting risk by deploying experienced accounting and audit personnel to assist in addressing audit and regulatory inquiry or restatement needs.
o Driving operational efficiencies in the financial close and reporting process through providing efficient, sustainable, and technology-enabled solutions aligned with accounting and financial reporting requirements.
o Providing experienced financial reporting services to drive needed financial reporting for regulatory purposes
o Provide transaction-oriented accounting and reporting assistance for mergers and acquisitions, divestitures, complex capital raising and financing structures, complex financial instruments, revenue recognition and leases. Prepare and present accounting whitepapers.
· Providing a combination of advisory services to assist companies in meeting the accounting and reporting challenges resulting from business transactions
o Carve-out Financial Reporting
o IPO Readiness
o Purchase Accounting & Reporting
o Pro Forma Financial Reporting associated with a divestiture, acquisition, IPO, or capital raising transaction.
o Day One Readiness & Process Integration
o Assist with US Securities Exchange Commission (SEC) regulatory filings for both domestic and cross-border transactions.
· Contributing to organizational growth and development
o Assisting with marketing efforts and development of proposals and business opportunities
o Actively work with global Deloitte teams on potential integration opportunities on various audit support, advisory and firm initiatives
The team: Accounting and Reporting Transformation
Deloitte Advisory’s accounting and Reporting Transformation team can help the organization reduce risk and improve reporting capabilities to meet accounting and regulatory requirements, governance in complex operating models, and support for major business events and transactions. A&RT Team provides an extensive range of financial accounting and reporting services with a comprehensive industry-focused approach.
Qualifications
Required:
· Chartered Accountant (CA) 2024 or CPA (US)
Strong Accounting & reporting knowledge, good understanding of US GAAP & IFRS
Personal Attributes
· Independent thinker and resourceful problem solver with an ability to exercise mature judgment
· Takes ownership and drives toward a successful outcome
· Can see the big picture and naturally looks for what other client problems the team can solve
· Ability to work independently and in teams to manage multiple task assignments
· Strong oral and written communication skills; including presentation, interpersonal communication and facilitation skills
· Brings a genuine approach to day-to-day dealings that includes the highest ethical standard
Job location - Hyderabad/Bengaluru/Gurgaon