Consultant/ Senior Consultant, FAAS, Financial Reporting Excellence, Al Khobar📣 Job Ad

About the Role

EY's Financial Accounting Advisory Services (FAAS) practice, within Assurance, is expanding its team in Al Khobar, Saudi Arabia. This growing area of the business focuses on assisting clients with their accounting and financial reporting challenges. You will join a dynamic team that drives analytics, decision-making, and innovation to build stronger, more efficient finance functions. EY is committed to professional development through diverse experiences, learning, and coaching, fostering leaders who contribute to building a better working world.

This role offers the opportunity to work directly with a diverse range of clients across various industries, assessing the impact of new accounting standards, proposed transactions, and regulatory changes. EY is dedicated to supporting national hiring priorities and strengthening gender diversity within the organization.

Key Responsibilities

• Build and maintain strong internal and external client networks.
• Report directly to Managers, Senior Managers, Directors, and Partners throughout the planning, execution, and wrap-up stages of FAAS engagements.
• Provide expert accounting advisory services to ensure compliance with IFRS and IPSAS standards.
• Assist clients in the preparation and review of financial statements, ensuring adherence to IFRS and IPSAS requirements.
• Offer guidance on the adoption of new accounting standards and their impact on financial reporting.
• Collaborate with clients to streamline their accounting processes and enhance overall financial reporting efficiency.
• Consult with appropriate internal resources on complex accounting issues, ensuring FAAS work products are clear, accurate, and meet client needs.
• Stay abreast of industry trends, regulatory changes, and best practices in financial accounting and reporting.
• Ensure the delivery of high-quality work in a timely manner, in compliance with EY policies.
• Liaise with other EY locations, service lines, and specialists to deliver integrated service offerings.
• Identify and communicate relevant trends, developments, and key performance drivers impacting clients.
• Execute the FAAS service delivery framework effectively, providing strategic insights and financial advisory expertise for major transactions.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• A professional qualification such as SOCPA, CPA, CIA, or CMA is considered a plus.
• A strong accounting background with mandatory audit experience.
• A minimum of 2 to 6 years of experience in financial accounting, including providing accounting support, preparing financial statements, and ensuring compliance with IFRS and/or IPSAS standards.
• Previous experience within a Big Four accounting firm is highly desirable.
• Previous experience working in Saudi Arabia is highly desirable.
• Strong knowledge of IFRS and IPSAS standards.
• Strong technical accounting skills and a recognized ability for cautious risk management.
• Solid team working skills with the ability to collaborate effectively with individuals from diverse backgrounds within the FAAS team.
• Strong written and verbal communication, presentation, client service, and technical writing skills.
• Ability and comfort in researching client inquiries and emerging issues, including regulations, industry practices, and new technologies.
• Flexibility and willingness to travel on short notice as required.
• A keen interest in developing the technical and other attributes of assigned team members.

Required Skills

• Accounting Advisory Services
• Financial Reporting
• Analytics
• Decision-making
• Innovation
• Client Relationship Management
• IFRS and IPSAS Standards
• Financial Statements Preparation
• Accounting Process Streamlining
• Risk Management
• Teamwork and Collaboration
• Written and Verbal Communication
• Presentation Skills
• Client Service Excellence
• Technical Writing
• Research and Problem-Solving
• Pro-activity, Accountability, and Results-Driven Approach
• Resource Management
• Business Acumen

Work Environment and Location

This is a full-time position based in Al Khobar, Saudi Arabia. EY offers a competitive compensation package and continuous learning opportunities. The role involves flexibility and a commitment to fostering a diverse and inclusive culture.