Advisory Lead 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:

·        Risk and Controls Implementation (SAP S/4 HANA/Oracle/Dynamics)

o    Conduct walkthroughs and review of narratives documented for current and future processes.

o    Perform controls benchmarking to leading internal controls framework to identify gaps and provide appropriate recommendations.

o    Identify areas of potential risk within business processes, Design and implement complete control activities that are unique, specific, and actionable statements designed to help mitigate identified risks.

o    Review of Risk and Control Matrix, and testing procedures.

o    Review Test of Design of the Process Controls during system implementation, ensure that the testing is done in alignment with testing procedures.

o    Identify opportunities for control optimization and drive enhancements to achieve this.

·        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

·       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

·        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) or CPA (US) or ACCA (UK) or Master's degree in Finance, Accounting, Information Technology, Risk Management.

With 4 – 6 years’ experience in: -

·        Implementation of new accounting standards and GAAP conversions

·        Drafting and designing accounting policies

·        Technical accounting research and advice on complex accounting

·        Contract assessments for accounting implications (for example lease, debt agreements, derivatives)

·        Financial statement reporting support

·        Experience with transactions, including preparing carve-out financial statements, assisting with initial public offerings, assisting with SEC filings, responding to SEC comment letters, purchase accounting support, etc.

·        Finance controllership or assurance roles with expert knowledge of US GAAP/ IFRS (preferred)

·        Ability to work independently as well as manage multiple assignments.

·        Expertise in areas such as Assessment of SOX, Modernization and automation of controls, Testing and design support for an existing controls program, Control assessment of a new system implementation, Material weakness remediation, general controls review and assessment and requirements gathering / definition development and business process mapping.

·        Expertise on business process and/or ITGC controls on SAP S4, Oracle, Workday and/or JDE

·        Knowledge of Internal control concepts (e.g., Preventive Controls; Detective Controls; Anti-Fraud Controls; etc.)

·        Expertise in implementing COSO/custom methodologies to perform compliance assessments.

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