FAAS Technical Accounting Advisory Group - Senior Manager, Leasing and Tangible Assets

Location: Boston, Chicago, New York, Hoboken, McLean, Atlanta, Houston, Dallas, San Jose, San Francisco, Seattle

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When our clients are facing complex finance and controllership issues, they look to us to get it right. Whether weighing the pros and cons of business transaction structure alternatives or tackling various technical accounting and financial reporting projects, we provide the answers to the important questions. 

The opportunity

Our Financial Accounting Advisory Services (FAAS) team is growing exponentially, and as a Senior Manager in our Technical Accounting Advisory Group (TAAG) group, you will play a key role in that growth. Working across all industries, you’ll develop your career by communicating creative, strategic goals both internally and externally. It’s all about listening to and understanding our clients to give them a truly exceptional experience in a field where there really are no off-the-shelf recommendations.  

As part of our Technical Accounting Advisory Group, you will help companies manage the complex financial and accounting issues relating to consolidation and joint ventures, IPOs, business combinations, compensation, revenue recognition, derivatives and hedging, debt vs. equity, SEC reporting, leases, and much more. This is a highly visible role allowing you to work with a broad set of clients across the US firm, interacting directly with our FAAS and audit teams and clients. This is a truly unique opportunity to learn technical accounting at a faster rate and deeper level.  

Your key responsibilities  

The nature of this role means no two projects will be the same. That means you’ll need to think on your feet and challenge existing practices to develop answers to complex issues. You’ll also be collaborating with colleagues across multiple service lines, so we’ll look to you to build relationships and identify opportunities for our clients to benefit from our knowledge in other areas. Occasional travel may be necessary as you will be meeting with key clients, some of whom are the most respected in their fields.   

Skills and attributes for success

· Consulting with clients on complex and technical accounting issues

· Collaborating with partners and clients to influence strategy, balancing risk and client expectations

· Ensuring our engagement teams thoroughly understand our clients’ unique needs, ambitions and expectations

· Building relationships with colleagues across multiple service lines to provide seamless, integrated service

· Managing performance and identifying opportunities to improve our products and processes

To qualify for the role you must have

· A bachelor’s degree, CPA certification and at least 8 years’ work experience

· Including at least 2 years of experience in 3+ industries / sectors (e.g., life sciences, technology, advanced manufacturing, aerospace and defense, energy) of varied technical accounting analysis primarily in the areas of:

• Lessee accounting under ASC 842, including complex issues such as improvements, incentives, master leases and modifications
• Sale-leaseback and build-to-suit (including “failed” arrangements) under ASC 842
• Lease impairment analysis

· Experience should include 3-5 years in public accounting in more of a technical/highly complex analysis including analysis and memo writing on any variety of technical topics.

· Strong technical writing and presentation skills

· Strong project management of complex technical accounting including the ability to develop realistic time budget and deadline estimates

· A thorough understanding of US GAAP

· An understanding of the marketplace, as well as commonly used terminology, processes and tools

· A proven record of excellence when managing, mentoring and improving a team of high-performing colleagues

· The confidence to research and resolve emerging client issues, including regulations, industry practices and new technologies

· The ability and willingness to travel and work in excess of standard hours when necessary

· Access to reliable transportation to/from the EY office and client sites. A driver’s license is strongly recommended as ride share and public transportation options may not be available in all locations

Ideally you will also have

· IFRS experience as either preparer, auditor or accounting advisor

· Experience with lessor accounting under ASC 842

· Interaction between ASC 842 and ASC 606 for lessor arrangements

· General long-lived asset (e.g., PP&E), including capitalization, impairment, repairs/maintenance, capitalized interest, and asset retirement obligations experience

· Inventory accounting and costing, including cost capitalization, FIFO/Average/LIFO/Retail method, manufacturing costs (standard costing and variances), impairment, and DISE

· Knowledge on other topics such as government grants, environmental credits, environmental obligations and involuntary conversion

What we look for 

We’re interested in versatile people with the ability to take on new responsibilities and listen to clients to get things done. While technical accounting experience is a plus, we’re primarily interested in strong performers with the ability to build relationships, negotiate and think in unique and creative ways. If you’re a confident leader with a curious mind and the ability to solve complex issues, this role is for you.

What we offer you
At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more .

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $146,700 to $335,100. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $176,000 to $380,800. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
• Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
• Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

Are you ready to shape your future with confidence? Apply today.
EY accepts applications for this position on an on-going basis.

For those living in California, please click here for additional information.

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

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