Senior Consultant- ICFR- Financial Accounting and Advisory Services- Assurance

Senior Consultant- ICFR- Financial Accounting and Advisory Services- Assurance

Location: Toronto

Date: Feb 6, 2025

Requisition ID: 1567673

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. Join us and build an exceptional experience for yourself, and a better working world for all.

Our clients count on reliable financial statements, information, and processes to inform their ongoing strategies. You’ll use your professional skills and experience to develop a deep understanding of your client’s processes and internal controls over financial reporting framework to determine where gaps exist. You will assist your clients in remediating those gaps while keeping efficiency at the forefront of mitigating financial reporting risks.

The opportunity

As a Senior in Internal Controls over Financial Reporting, you will be a professional member of our Financial Accounting Advisory Services (FAAS) team. We combine technical accounting skills in IFRS, Canadian and US GAAP, practical experience in financial reporting processes and Internal Controls over Financial Reporting to deliver world-class service to our clients.

We are now recruiting for our FAAS team which specializes in Internal Controls over Financial Reporting (ICFR). This team helps our clients implement effective ICFR frameworks to reduce the burden on the business and assist them in smooth transitions when listing for the first time on both Canadian and American exchanges.

Your key responsibilities

As a Senior, you will help finance leaders address the challenges and ongoing changes facing their business by assisting clients navigate the changes in regulatory requirements related to listing on a Canadian or American exchange for the first time or working with your clients to remediate pre-existing material weaknesses or significant deficiencies in their control framework.

Skills and attributes for success:

• Audit and Accounting Expertise: Possess technical accounting experience in IFRS and/or US GAAP, complemented by multiple years of external audit experience at a top accounting firm.
• Regulatory Compliance: Experienced in auditing clients who adhere to control regulatory requirements like NI 52-109 and/or SOX 404.
• Control Technical Knowledge: Familiarity with IT general, IT application, management review, and entity-level controls.
• Reporting Processes: Experience in walking through standard business process end-to-end to understand the current state and to identify opportunities for refinement based on past-experience and industry best practice.
• Control Assessment: Proficient in assessing control failures, leveraging the COSO 2013 framework, within an organization and determining whether they result in material weaknesses or significant deficiencies.
• Documentation Skills: Skilled in creating flowcharts, process narratives, and risks and controls matrices (RCMs) from scratch to identify process gaps or control issues.
• Tailored Deliverables: Capable of producing customized deliverables for clients, including process scoping, control gap assessments, and detailed observations on the control environment.
• Communication Skills: Strong verbal and written communication and presentation skills.
• Stakeholder Engagement: Proficient in presenting and gaining support for positions, balancing technical and business considerations effectively.
• Client Relationship Building: Skilled in establishing and maintaining relationships with client management to become a trusted advisor for their ICFR program.
• Industry Knowledge: Ability to understand the client's industry, identify key performance drivers, and stay updated on business trends.
• Team Collaboration: Collaborative approach, fostering cooperative relationships and mutual support with other EY service line teams.
• Building the Business: Support in preparing proposals and other market-facing materials.

To qualify for the role you must have

• A Canadian CPA designation (or an equivalent international qualification), and at least 3 - 5 years of relevant experience
• Audit or business experience related to internal controls over financial reporting in an external audit (preferred) or consulting capacity
• Demonstrate mastery of key concepts and principles related to internal controls over financial reporting, finance process improvements, project management and change management.
• Demonstrate the ability to work effectively in a team environment and maintain positive interpersonal relationships.

What we look for

We’re interested in strong team players who support their colleagues in reaching their goals while also considering their own workload and development.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture. We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business.

Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, and our people feel a sense of belonging.

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