Associate Consultant - Business Consulting Risk

About EY

EY is known for rendering high-quality services to its clients. They are also known for their ethical and honest management as well as their friendly work atmosphere. It's also known as one of the best companies to fast-track professional growth and progress in one's chosen career path.

As a provider of professional services for its clients, EY specializes in tax, financial audits, advisory, and consulting services for its clients. Their expertise extends to technology, legal, assurance, and strategy consulting. 

Your role

The objective of their advisory risk services is to provide clients with a candid and reliable overview of their risk landscape. Their solutions can be used by their clients to build confidence and trust with their customers, and the overall market, and when required by regulation or contract. You will be responsible for executing client-related engagements in the areas of governance, risk & compliance (GRC), internal audits, process reviews, standard operating procedures, enterprise risk management, and revenue assurance. 

Your key responsibilities

• Execution of client engagement – Ensure quality delivery as per client requirements.
• Review of working papers and client folders. Suggest ideas on improving engagement productivity and identify opportunities for improving client service.
• Understand business & industry issues/trends. Identify areas requiring improvement in the client's business processes to enable the preparation of recommendations.
• Handling data analytics - Access, ACL, etc.
• Ensure compliance with engagement plans and internal quality & risk management procedures.
• Awareness of internal auditing standards issued by IIA and ICAI.
• Demonstrate an application & solution-based approach to problem-solving techniques.
• Manage the engagement budgets and support superiors in developing marketing collaterals, business proposals, and new solution/methodology development.
• Develop strong working relationships with clients (process owner/functional heads).
• Attention to detail and mentoring young interns and analysts within the practice.
• Contribute to knowledge management sessions within the practice. 

Training & development 

With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring, and formal learning.  That’s how the company develops outstanding leaders who team to deliver on their promises to all of their stakeholders, and in so doing, play a critical role in building a better working world for people, the clients, and for the communities. Sound interesting? Well, this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Benefits

Listed below are some benefits:

• Soft skill training
• Remote working
• Cafeteria
• Team outings
• Job training
• Health insurance
• Paid leave
• Child care
• Travel assistance
• Education assistance
• Free food
• Gymnasium
• Free transportation. (Source: AmbitionBox).

Career progression

EY is the perfect starting point for a fresh graduate. The supportive and inclusive work environment helps fresh graduates and even experienced professionals to have a defined career trajectory. Working at EY presents many experiences and opportunities that fresh graduates can take advantage of. 

Employees in this company are equipped to seek challenges and step out of their comfort zones. They get the opportunity to work with various teams on different projects that inspire them every day.

Work-life balance

Work days are usually from Monday to Friday with flexible work timings. This role is considered flexible and will be a mix of working from the office and home depending on your preferences and the arrangements determined by your future manager.

Culture & vibe

EY is one of the best places for fresh graduates and interns to begin their careers. Its work atmosphere is friendly, relaxed, and innovation-friendly. This recipe will boost employees' productivity and enable them to learn and grow professionally. 

Being a melting pot of different skill sets and departments, EY adopts diversity and inclusion as part of its key values. This fosters harmony among co-workers and breeds mutual respect as well. 

About you

Skills and attributes for success:

• Determine that the work delivered is of high quality.
• Anticipate and identify engagement-related risks and escalate issues as appropriate.
• Actively establish client (process owner/functional heads) and internal relationships.
• Assist and share knowledge with team members, seniors, and Managers in developing new methodologies and internal initiatives and participate in performing procedures, especially focusing on complex, judgmental, and/or specialized issues.
• Work with the team and the client to create plans for accomplishing engagement objectives and a strategy that complies with professional standards and advise clients to understand and manage their business risks and verify the validity of their business information
• Brief the engagement team on the client's IA environment and industry IA trends. Maintain relationships with client management to manage expectations of service, including work products, timing, and deliverables.
• Demonstrate a thorough understanding of compliance, financial, and operational risks along with performing internal control testing, developing internal audit plans, and providing internal audit services on an outsourcing basis.
• Assess internal controls and SOX framework to mitigate risk and apply it to client situations
• Bring and utilize extensive knowledge of the client's business/industry to identify technological developments and evaluate impacts on the client's business.
• Demonstrate excellent project management skills, inspire teamwork and responsibility by engaging team members, and use current technology/tools to enhance the effectiveness of deliverables and services.
• Understand EY and its service lines and actively assess what the firm can deliver to serve clients.

 To qualify for the role you must have:

• Chartered Accountant/Certified Internal Auditor or have a Master’s degree in Business Administration
• 0-1 year of post-qualification experience in risk advisory, related internal audit experience, or external audit experience
• They would expect you to be available to travel outside of their assigned office location at least 50% of the time, plus commute within the region (where public transportation often is not available). Successful candidates must work more than standard hours when necessary. A valid passport is required.

 Ideally, you’ll also have:

• Good communication skills

How to apply

To apply for this role, just click on the "Apply on employer site" button below, which navigates to the career page where there are multiple jobs available for the same role but in different locations in India. You can use the filter "Service Line/Business Area" & select the subfield "Core Business Services" and search for the same job title.

The hiring process involves:

• Filling and submitting applications
• Applications review
• Interview stage (online or physical assessment)
• Job offer