Associate - TAX - National - CBS - FIN - FP&A Account Support - Mumbai

EY

Up to 2 yrs Mumbai Full Time Work from office
EY logo
Posted : 2 weeks ago

Job description

Join a global leader in assurance, tax, transaction, and advisory services. At EY, we cultivate a culture that nurtures talent, offering continuous training, diverse opportunities, and creative freedom to help you build your career.

This role is part of the National team, which collaborates across various industries to provide a comprehensive experience. Specifically, the CBS - FIN - FP&A Account Support team offers connected tax services globally. We leverage deep expertise and advanced technology to deliver critical insights, helping clients navigate tax policies and make informed business decisions.

Our services span Business Tax Services, Global Compliance and Reporting, Global Law, Indirect Tax, International Tax, and Transaction Services. We empower clients by reducing risk and driving sustainable value through strategic execution of tax and regulatory obligations, alongside operational and workforce management.

Responsibilities

Key responsibilities include managing client and engagement setups, including client acceptance and background research. This involves setting up new clients in Mercury, completing OMS and PACE forms, and obtaining OAR approvals.

You will handle the engagement lifecycle in Mercury, setting up engagement codes, verifying GST details, and managing WIP/AR status. This includes processing ERP adjustments, code closures, and subcontracting.

Responsibilities extend to invoicing, including raising draft and final invoices, handling reversals and re-issues, and processing foreign office invoices. Verification of SEZ documents for billing and following up on client collections are also crucial.

Additional duties involve managing TDS follow-ups and reconciliations, processing overseas payments via OPRS requests, ensuring BRET compliance, and adhering to procurement processes for third-party services.

Furthermore, you will create EYI-MD workspaces, upload documents to GEAR, and prepare various reports. This includes daily/monthly reports, analyzing data, and weekly tracking of BU revenue, utilization, AR, and WIP for assigned locations.

Qualifications

To be successful in this role, a Bachelor of Commerce (B.Com) or Bachelor of Business Administration (BBA) is required. A Master of Business Administration (MBA) or Master of Commerce (M.Com) is also preferred.

We are looking for individuals with 0-2 years of experience who can collaborate effectively across client departments while adhering to commercial and legal standards. A practical, solution-oriented approach to problem-solving is essential.

Ideal candidates are agile, curious, mindful, and maintain positive energy. They should be adaptable and creative in their professional approach, contributing to a collaborative and innovative work environment.

Essential Skills

Client SetupClient AcceptanceBusiness DevelopmentGo to Market ResearchBackground ResearchMercuryOMSPACEOAR ApprovalICD Form SubmissionEngagement AcceptanceConflict CheckingGCSP ClearanceCSP ClearanceAudit Partner ClearanceChannel ConflictAllowable ServicesPE/SEC AccountsEL DraftingSOW DraftingMSA DraftingPSM DraftingAcknowledgement AgreementsFee Side LetterEngagement Life Cycle ManagementEngagement Code SetupGST DetailsPSM VerificationQRM GuidelinesWIP MonitoringAR Status MonitoringWrite-offReversalERP AdjustmentsWIP AdjustmentsUnbilled OPEs AdjustmentsCode ClosureSub Code ClosureSubcontractingWork Order IssuanceInvoice RaisingInvoice ReversalInvoice Re-issueForeign Office InvoicingSEZ Document VerificationSEZ BillingLOASEZ DeclarationManager EmailClient Collection Follow-upForeign Office Collection Follow-upTDS Follow-upTDS ReconciliationTax Convention FormsOverseas PaymentsOPRS RequestsTRC10FBRET ComplianceProcurement Process ComplianceEY IMDGEAREYI-MD Workspace CreationDocument UploadEL UploadReport PreparationDaily ReportingMonthly ReportingReport AnalysisWeekly ReportingCost Analysis MISActual vs Budgeted AnalysisBU TrackingRevenue TrackingUtilization Tracking

More Details

RoleAssociate - TAX - National - CBS - FIN - FP&A Account Support - Mumbai
IndustryFinancial Services, Accounting
DepartmentAccounting, Finance, Tax
Employment TypeFull Time, Work from office

About the Company

EY Global Delivery Services ( EY GDS) logo

EY Global Delivery Services ( EY GDS)

Financial Services

Associate - TAX - National - CBS - FIN - FP&A Account Support - Mumbai at EY | SkillMX | SkillMX