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FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership

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. And we’re counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all.The exceptional EY experience. It's yours to build.EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.Title: FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences ControllershipRole• Individual who will act in a Controllership role overseeing the execution of our EY Integrated Finance Managed Services.• The individual will be responsible for managing:• EY onshore and offshore teams for our Integrated Finance Managed Services Clients’ finance, accounting, and tax functions including:• financial statements and related footnotes and the MD&A,• technical accounting analysis and technical memos,• corporate tax compliance,• financial planning and analysis,• and the financial services area including payroll, stock administration, fixed assets, and accounts payable for our EY Integrated Finance Managed Services life sciences clients.• This position will report to the FAAS Managed Services Leader.• The individual will also need to train team members in controllership to assist in further developing our delivery capabilities.Responsibilities• Manage the general accounting function, including oversight of the monthly and quarterly general ledger close processes, including analysis of monthly trends and flux analysis, work closely with the Client on analysis of budget vs. actual variance analysis• Oversee coordination of technical accounting needs of Integrated Finance Managed Service Clients with EY Technical Accounting Advisory Group• Oversee managed service team and work with Client contacts to support complete and accurate quarterly and ad-hoc SEC filings• Oversee other finance-related activities delivered as part of our managed services, including general accounting, treasury, stock-based compensation administration, and interactions with Client and their transfer agent, banks and investment managers• Coordinate EY’s payroll managed service function and partner with Client HR and or EY’s HR managed service function to manage employee benefits; support the Client’s completion of Federal and State tax reporting requirements, including income, property, sales and use, payroll and other local taxes• Oversee our audit support with the Client and their external auditors• Assist in preparing audit committee and board materials• Support the oversight of EY’s GNA systems used to deliver our managed services, including interfaces from payroll, equity, purchasing, banks and expense management to the general ledger• Drive cross-functional and service line support to our Client’s as needs arise, including special projects, system improvements or ad-hoc financial analysesQualifications• Bachelor's degree in Accounting or Finance with an active CPA license• 15+ years accounting experience, including at least four years in a public company• 7+ years of Big 4 audit experience preferred; biotech industry experience preferred• Strong knowledge and understanding of GAAP accounting principles• Experience in a clinical stage bioscience/pharmaceutical company• Experience operating within a Sarbanes-Oxley control environment• Excellent oral and written communication skills• Advanced Excel skills• Enjoys being ‘hands-on’ and able to work cross-functionally in a co-located environment• Good energy, enthusiastic, goal driven• Working experience with SAPEY alumni is a bonusWhat We OfferWe 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 $145,200 to $331,800. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $174,300 to $377,000. 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.• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible. EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. For those living in California, please click here for additional information. EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.   EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com
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What You Should Know About FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership, EY

As a FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY in Houston, TX, you will embark on an exciting journey to lead and oversee the execution of our Integrated Finance Managed Services. Your role will encompass managing onshore and offshore teams, ensuring seamless finance, accounting, and tax functions for our life sciences clients. You'll dive deep into overseeing financial statements, technical accounting analysis, and corporate tax compliance, among other critical duties. Collaborating closely with EY’s Technical Accounting Advisory Group, you'll ensure the accuracy of financial reporting and manage quarter-end and ad-hoc SEC filings alongside client contacts. With a focus on nurturing talent, you’ll also train team members, elevating our delivery capabilities and driving efficiency. We're looking for someone with a strong background in accounting or finance, particularly with Big 4 audit experience and a knack for navigating the complexities of the biotech sector. Your leadership will not just drive results but enhance the overall client experience as you support a diverse range of financial activities and contribute to significant projects that impact our clients' success. At EY, you'll thrive in an inclusive culture that values your unique perspective and provides ample opportunities for continuous growth and professional development. Join us, and let’s build a brighter working world together!

Frequently Asked Questions (FAQs) for FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership Role at EY
What are the main responsibilities of the FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY?

The FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY is responsible for managing various financial aspects for clients, including general accounting functions, technical accounting needs, and corporate tax compliance. They oversee the execution of financial statements, coordinate with the EY Technical Accounting Advisory Group, and ensure accurate quarterly and ad-hoc SEC filings. Additionally, they will manage client interactions, payroll services, and support the audit processes.

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What qualifications do I need to become a FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY?

To qualify for the FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership position at EY, candidates should possess a Bachelor's degree in Accounting or Finance along with an active CPA license. Additionally, having over 15 years of accounting experience, preferably with a minimum of four years in a public company and seven years in Big 4 audit, is essential. Experience in the biotech sector and a strong knowledge of GAAP principles are highly advantageous.

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What can I expect in terms of growth opportunities at EY as a FAAS Senior Manager?

As a FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY, you will have access to numerous growth opportunities. The company emphasizes continuous learning and professional development, providing resources and support to enhance your leadership skills. You'll be part of a diverse and inclusive culture that encourages personal expression and career advancement, ensuring that you have the tools and opportunities to shape your career path effectively.

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Who will I report to in the FAAS Senior Manager role at EY?

In the FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership role at EY, you will report directly to the FAAS Managed Services Leader. This position offers you the chance to engage closely with leadership while managing client relationships and team dynamics, allowing for constructive feedback and further career growth.

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What benefits and compensation can I expect as a FAAS Senior Manager at EY?

As a FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership at EY, you can expect a comprehensive compensation and benefits package. The base salary ranges from $145,200 to $331,800, with additional benefits including medical and dental coverage, pension and 401(k) plans, and a robust flexible vacation policy. EY also offers continuous learning opportunities, a hybrid working model, and support for physical and emotional well-being.

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Common Interview Questions for FAAS Senior Manager - Integrated Finance Managed Services - Life Sciences Controllership
What strategies would you use to manage financial reporting effectively in the FAAS Senior Manager role?

When managing financial reporting in the FAAS Senior Manager position, it is crucial to establish clear timelines and checkpoints throughout the reporting cycle. Utilize collaboration tools to enhance communication with your team and ensure that everyone is on the same page. Regularly review and analyze financial data for inconsistencies or trends that may require further investigation, and foster a culture of accountability and continuous improvement within your team.

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How do you ensure compliance with GAAP principles in your previous roles?

To ensure compliance with GAAP principles, I routinely conduct in-depth assessments of financial practices and reports to align them with the required standards. I advocate for ongoing training for my team on any new updates in GAAP regulations, and implement robust internal controls that prevent discrepancies. Collaboration with external auditors has also been vital in confirming adherence to compliance requirements.

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Describe your experience with managing diverse teams in finance.

In my previous roles, I led diverse teams both onshore and offshore, fostering an inclusive culture that emphasized collaboration and transparency. I prioritized understanding team dynamics and individual strengths, which allowed me to delegate tasks effectively. Regular team meetings and feedback sessions ensured everyone was engaged and knowledgeable about our objectives, resulting in a unified approach to achieving organizational goals.

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What tools do you find most helpful for financial analysis?

I find that advanced Excel functions and analytic software like SAP provide robust capabilities for financial analysis. These tools help in creating detailed forecasting models and data visualizations that are instrumental in decision-making. Additionally, leveraging business intelligence platforms can enhance the ability to track financial performance and identify areas for improvement.

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Can you explain the importance of technical accounting analysis in your role?

Technical accounting analysis is vital in the FAAS Senior Manager role as it ensures that transactions are recorded accurately according to GAAP. It provides clarity in financial reporting and reduces the risk of errors that could lead to compliance issues. In my past experience, this analysis has supported key business decisions and helped communicate complex financial concepts in a comprehensible manner to clients.

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How do you approach cross-functional collaboration in your projects?

For successful cross-functional collaboration, I focus on building strong relationships with stakeholders across departments. I ensure that all parties understand their roles and responsibilities while promoting open lines of communication. Regular check-ins and collaborative platforms aid in maintaining alignment on project goals, enabling us to tackle challenges collectively and efficiently.

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What experience do you have with client interactions, particularly concerning financial services?

My experience with client interactions has been central to my roles. I prioritize understanding clients' specific needs and concerns regarding their financial services. I regularly meet with clients to discuss progress, financial insights, and any necessary adjustments. This proactive approach not only builds trust but also ensures that our solutions are tailored to their operational requirements.

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How do you stay updated with changes in accounting regulations?

I stay updated with changes in accounting regulations by subscribing to professional journals and organizations like the AICPA. Participating in workshops and conferences is also beneficial, as they often address current trends and regulatory updates. Networking with other professionals and leveraging online forums allows me to engage with the community and exchange best practices.

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Explain your experience with audit processes.

I have extensive experience working with both internal and external audit processes. I actively prepare and present reports to audit committees, ensuring all documentation is accurate and readily available. My role includes addressing and remediating findings post-audit, ensuring compliance, and improving financial processes based on audit feedback. This has enhanced our operational practices significantly.

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What do you consider your biggest strength as a FAAS Senior Manager?

My biggest strength as a FAAS Senior Manager lies in my analytical skills combined with my ability to lead and inspire teams. I am adept at interpreting complex financial data and translating it into actionable insights. This, coupled with my commitment to fostering an engaging and motivating environment, helps drive our team toward achieving exceptional results for our clients.

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Full-time, hybrid
DATE POSTED
December 20, 2024

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