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

Embark on a fulfilling career journey with EY, a global leader in assurance, tax, transaction, and advisory services. We foster a culture of growth, providing unparalleled training, opportunities, and creative freedom. At EY, we are committed to your development, believing your career is yours to build with limitless potential. Join us for motivating and enriching experiences that help you become your best professional self.

This Associate role within National TAX CBS - FIN - FP&A Account Support in Mumbai offers a unique opportunity to contribute to globally coordinated tax professionals. You will be instrumental in helping clients navigate rapid industry changes by leveraging exceptional knowledge, experience, and advanced technology platforms to drive better business decisions and insights.

Our tax services span Business Tax Services, Global Compliance and Reporting, Global Law, Indirect Tax, International Tax, and Transaction Services. We empower companies to understand global tax policies and laws, ensuring compliance and strategic planning. Our teams utilize transformative technologies for tax strategy, regulatory obligations, operations, and workforce management, aiming to reduce risk and foster sustainable value.

Responsibilities

Key responsibilities include managing the complete client and engagement lifecycle. This involves client setup and acceptance, conducting go-to-market research for business development, and performing essential background research for code setup purposes. You will expertly handle Mercury and PACE systems for client setup, OMS and OAR approvals, and the submission of various forms and agreements like ICD forms, ELs, SOWs, MSAs, and PSMs.

Engagement management entails overseeing the engagement lifecycle in Mercury, including setting up engagement codes, updating GST details, and verifying PSMs from overseas offices. You will also monitor WIP/AR status, manage ERP adjustments, and ensure the closure of codes. Subcontracting and issuing work orders are also integral parts of this role.

Furthermore, responsibilities extend to invoicing, including raising draft and final invoices, handling reversals and re-issues, and processing foreign office invoices. Verifying SEZ documents for billing and following up on collections and TDS are crucial. You will also manage overseas payments through OPRS requests, ensure BRET compliance, and adhere to procurement processes for third-party services. Reporting duties include preparing daily, monthly, and weekly reports, analyzing costs, and tracking BU performance against budget.

Qualifications

To excel in this role, a Bachelor of Commerce (B.Com), Bachelor of Business Administration (BBA), Master of Business Administration (MBA), or Master of Commerce (M.Com) is required. We are seeking individuals with 0-2 years of experience who can collaborate effectively across multiple client departments while strictly adhering to commercial and legal mandates.

Candidates should possess a practical and insightful approach to problem-solving, delivering actionable solutions. We value individuals who are agile, curious, mindful, and maintain positive energy. Adaptability and creativity in approach are key attributes we are looking for.

EY offers a dynamic environment fueled by brilliant minds, positioning us as a leading employer in our field with market-leading growth. We invest significantly in skills and learning, providing a personalized career journey with access to comprehensive career frameworks. EY is dedicated to being an inclusive employer, balancing excellent client service with career development and employee well-being.

Essential Skills

Client SetupClient AcceptanceBusiness DevelopmentGo to Market ResearchBackground ResearchGoogle SearchMercuryOMSPACEOAR ApprovalICD FormEngagement AcceptanceMarkup CheckingConflict CheckingGCSP ClearanceCSP ClearanceAudit Partner ClearanceChannel ConflictAllowable ServicesEL DraftingSOW DraftingMSA DraftingPSM DraftingAcknowledgement AgreementsFee Side LetterEngagement Lifecycle ManagementEngagement Code SetupGST Details UpdatePSM VerificationQRM GuidelinesWIP MonitoringAR Status MonitoringWrite-offReversalERP AdjustmentsWIP AdjustmentsUnbilled OPEs AdjustmentsCode ClosureSub Code ClosureSubcontractingWork Order IssuanceInvoice RaisingInvoice ReversalInvoice Re-issueForeign Office InvoicingSEZ BillingLOA VerificationSEZ Declaration VerificationManager Email VerificationClient Follow-upForeign Office Follow-upTDS Follow-upTDS ReconciliationTax Convention FormsOverseas PaymentsOPRS RequestsTRC Verification10F VerificationBRET ComplianceProcurement Process ComplianceEY IMD Workspace CreationDocument UploadGEAR UploadReport PreparationDaily ReportsMonthly ReportsReport AnalysisWeekly ReportsCost Analysis MISActual vs Budgeted AnalysisBU TrackingRevenue TrackingUtilization TrackingAR TrackingWIP TrackingCollaborationProblem SolvingAgileCuriosityMindfulnessAdaptabilityCreativityPositive Energy

More Details

RoleAssociate - TAX - National - CBS - FIN - FP&A Account Support - Mumbai
IndustryAccounting, Financial Services
DepartmentFinance, Accounting, Tax
Employment TypeFull Time, Work from office

About the Company

EY Global Delivery Services ( EY GDS) logo

EY Global Delivery Services ( EY GDS)

Accounting

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