Senior Consultant/ Assistant Manager, FAAS, Financial Reporting Excellence, Riyadh

The Opportunity Our Financial Accounting Advisory Services (FAAS) practice is one of the fastest growing areas of our business. As a result, we have a recruitment need for a Senior to join our team to support on services related to accounting projects in the public and private sector. Our aim is to support both the national hiring priorities mandated by governments in the region and to strengthen gender diversity within EY. This reflects the inclusive values we uphold as an organization and demonstrates our commitment to creating a welcoming and diverse workplace. The role will be based in Riyadh.

Your Key Responsibilities

• In this role, you’ll work directly with a diverse range of clients across various industries to assess the impact of new accounting standards, proposed transactions, or other regulatory changes. Specifically, you will:
• Build and maintain strong networks internally and externally
• Report directly to Managers, Senior Managers, Directors, and Partners during the planning, execution, and wrap-up stages of FAAS engagements.
• Provide accounting advisory services to guarantee compliance with IFRS and IPSAS standards.
• Assist clients in the preparation and review of financial statements, ensuring they meet IFRS and IPSAS requirements.
• Provide guidance on the adoption of new accounting standards and the impact on financial reporting.
• Collaborate with clients to streamline their accounting processes and improve overall efficiency in financial reporting.
• Consult with appropriate resources on complex accounting issues, ensuring that FAAS work products meet client needs, are clear, accurate, and well-presented.
• Stay updated on industry trends, regulatory changes, and best practices in financial accounting and reporting.
• Ensure that work is of high quality, delivered in a timely fashion, and in compliance with EY policies.
• Work with other EY locations, service lines, and specialists to deliver a fully integrated service offering.
• Identify and communicate relevant trends, developments, and key performance drivers relevant to the client.
• Deliver effective execution of the FAAS service delivery framework, including supporting major transactions with strategic insights and financial advisory expertise.

Skills And Attributes For Success Pro- activity, accountability and results- driven people will flourish in this environment. Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills. This will have a huge impact on those around you and help promote a positive work ethic.

To qualify for the role, you must have

• Bachelor’s degree in accounting, Finance, or a related field.
• Professional qualification required (CPA, CMA).
• Minimum of 5 years of experience in financial accounting, specifically in providing accounting support, preparing financial statements, and ensuring compliance with IFRS and/or IPSAS standards.
• Previous experience in a Big Four accounting firm is highly desirable.
• Previous experience in Saudi Arabia is highly desirable
• Strong knowledge of IFRS and IPSAS standards.
• Strong technical skills and recognized cautious risk management ability
• Solid team working skills with the ability to work with different people from diverse backgrounds in the diverse FAAS team
• Strong written and verbal communication, presentation, client service and technical writing skills.
• Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies
• Flexibility and willingness to travel on short notice, as necessary
• Keen to develop technical and other attributes of assigned team members

What We Look For We are interested in entrepreneurs who have the confidence to develop and promote a brand new strategic vision both internally and externally. You will be business savvy with a passion for innovation as well as the mot