Audit and Financial Reporting Specialists job at EY | Apply Now

Internal Audits:

• Conduct internal audits to evaluate the effectiveness of internal controls, risk management, and governance processes.

• Assess compliance with policies, procedures, and regulations.

Risk Assessment:

• Identify and assess areas of significant business risk.

• Develop and implement audit plans to address identified risks.

Audit Reports:

• Prepare detailed audit reports with findings, recommendations, and action plans.

• Present audit findings to management and stakeholders.

Regulatory Compliance:

• Ensure the organization complies with relevant laws, regulations, and standards.

• Stay updated on changes in auditing standards and regulations.

Process Improvement:

• Recommend improvements to internal controls and business processes.

• Monitor the implementation of audit recommendations.

Collaboration and Communication:

• Work closely with management and other departments to gather necessary information and provide audit support.

• Communicate audit results and recommendations effectively.

Data Analysis:

Analyze financial and operational data to identify trends, anomalies, and areas for improvement.

Follow-Up Audits:

• Conduct follow-up audits to ensure corrective actions have been implemented and are effective.

Financial Statements Preparation:

• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

• Ensure financial statements comply with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

Regulatory Filings:

• Prepare and file regulatory reports and disclosures, such as quarterly and annual reports (10-Q, 10-K) for public companies.

Consolidation of Financial Data:

• Consolidate financial data from various departments and subsidiaries.

• Ensure consistency and accuracy in financial reporting across the organization.

Internal Controls:

• Develop and maintain robust internal controls over financial reporting.

• Ensure financial reporting processes are effective and efficient.

Variance Analysis:

• Perform variance analysis to compare actual results with budgeted figures.

• Investigate and explain significant variances.

Compliance and Standards:

• Ensure compliance with financial reporting standards, regulations, and internal policies.

• Stay updated on changes in financial reporting standards and regulations.

Audit Coordination:

• Coordinate with internal and external auditors during financial audits.

• Provide necessary documentation and explanations to auditors.

Financial Systems Management:

• Maintain and improve financial reporting systems and tools.

• Ensure data integrity and accuracy in financial systems.

Management Reporting:

• Prepare reports and presentations for management, highlighting financial performance, trends, and key metrics.

• Provide insights and analysis to support decision-making.

Technical Accounting Guidance:

• Provide technical accounting guidance to ensure compliance with relevant standards.

• Assist in the implementation of new accounting standards and policies.