Acies Consulting

Location of talent engagement: MumbaiEngagement level: Senior Manager / DirectorOrganizational Unit: Acies Consulting - Risk and Finance (Finance) Acies is multi-national firm in the business of consulting, technology applications, content management and strategic investments. The firm has and continues to partner with leading players in the financial services and technology ecosystem with the objective of achieving tangible positive outcomes by solving complex challenges using new age technologies and practices. The firm also enters into strategic alliances through investments and partnerships with leading and upcoming global technology players that seek to address infrastructural complexities in the financial and technology marketplace through the use of new-age technologies and approaches.Acies is headquartered in Mumbai, India and has offices in Singapore and Malaysia and is expanding its global presence in other countries in the Asia Pacific, Middle East and Africa.The firm is seeking to engage highly motivated and talented people to support our growth and continue to deliver a positive impact to our clients and ecosystem. We are looking for people whose integrity and excellence can help propel the firm to greater heights. The firm provides exceptional and equal opportunity for all applicants and employees without regard to race, religion, creed, color, national origin, gender, sexual orientation, age, marital status, physical or mental disability. We believe that our people should share in the success of our clients and our business.For more information about the firm and its business, please visit www.acies.holdings ACIES, Acies Consulting, Acies TechWorks, Acies Ventures, Acies LightHouse, Kepler, Kore and Antares are registered trademarks of Acies Consulting LLP and its subsidiaries in India and/ or other countries.Highlight of the engagement opportunity - Nature of role: Full time- Number of years of experience expected: 8 to 15 years - Areas of past experience preferred: CFO Advisory / Accounting Advisory / IFRS implementation / Product implementation / Hedge accounting - Educational qualification required: CA / ACCA - Additional certifications preferred: CFA / IFRS Diploma - Preferred geography of previous work experience: India / Europe / APAC / US - Language requirements: Ability to write and speak fluently in English - Technology proficiency preferred: SAP / GL systems / Python - Acies is a highly client focused and collaborative organization. Every person is assigned a counselor who is responsible for mentoring and providing career guidance. The counsellor is also the primary reporting and engagement point. Every person is assigned to a Business Leader and Geography Leader. Business and Geography Leaders guide the person on business strategy and provide opportunities to work on diverse projects. - While people are assigned to a specific business line and geography, they are expected to work across business lines and geographies. People are expected to collaborate with a wide range of client and Acies personnel across levels and work as part of outcome-oriented teams. Acies is a global organization with clients and business interests across geographies. Travel for both short and long-term is expected for most roles. Specific requirements of travel for this role are as follows: - Long-term travel (6-12 months a year) expected: Yes - Short-term travel (Less than 4 months a year) expected: Yes - Travel expected outside country of base location: Yes - Relocation expectations to another country/ city: YesTravel is dependent on nature and location of projects as well as the role of specific people on the project. Accordingly, travel requirements may change from time to time.Detailed expectations from role Our business consulting practice is keen to hire a Senior Accounting Advisory Manager with deep subject matter expertise in the areas of IFRS implementation, hedge accounting, CFO advisory and accounting standard transitions. The professional will be responsible for delivery and sales associated with the subject matter areas.This involves frequent contact across all stakeholders, managing and building a team of subject matter experts, developing proposals, innovation in accounting areas and market outreach for supporting the business.Key responsibility areas: - Lead, and manage solution development in line with the business consulting outlook in the aforementioned subject matter areas - Responsible for development of standard proposals, pitch decks in the subject matter area and engaging with the clients, - Lead, manage and execute medium to large-scale accounting advisory projects with deep expertise - Ability to write technical / supervisory memos / advisory documentation. - Ability to analyses financial statement and suggest treatment for different financial assets / liabilities under different accounting standards - Provide advisory services to the client on accounting areas such as IFRS 9, IFRS 15, IFRS 16, IFRS 17 or equivalent local standards - Accounting treatment for different products as per the local regulatory requirements and accounting standards - Advise clients on high-profile mandates in the financial services space with regards to complex and strategic issues - Independently drive day-to-day execution of assigned client projects and internal initiatives - Independently lead and continuously develop and mentor the team involved in the delivery of these projectsKey performance metrics: - Sales and P&L targets for the business area - Collection and profitability targets for the projects - Solution roadmap and solution development - Feedback from counselor and other team members Other expectations: - An "ownership attitude" whose passion for solving strategic issues and objectives along with leading a team has grown from their previous engagements in the role - Strong analytical and presentation skills - Strong business writing and oral communication skills - Ability to thrive in a fast-paced, collaborative environment - Collaborative and partnership-oriented and ready to work as a team member/ leader - Demonstrated ownership over deliverables and project engagement - Ability to handle highly challenging and time-bound projects with a positive mindset Other important information:- Work permit requirements: Either Indian Citizen or having valid work permit to work in India - Period of engagement: Full-time position - Probation period: 6 months - Compensation: Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.- Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussion - Leave: 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement. - Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.- Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process. - Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel during the selection process. - Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.Selection process: We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:- Interview: There are expected to be at most 2 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved. - Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications you have during this discussion. Preparation required: It is recommended that you prepare on the following aspects before the selection process: - Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance) - Requirements of new accounting standards and changes from the previous versions for standards such as IFRS 9, IFRS 15, IFRS 16, IFRS 17 or their equivalent local standards - Subject matter and sales expertise (ref:iimjobs.com)