Associate Consultant

About the Role

The objective of EY's advisory risk services is to provide clients with a candid and reliable overview of their risk landscape. These solutions help clients build confidence and trust with their customers, the overall market, and when required by regulation or contract.

Key Responsibilities

• Execution on client engagements in areas of governance, risk & compliance (GRC), internal audits, process reviews, standard operating procedures, enterprise risk management, and revenue assurance.
• Ensure quality delivery as per client requirements.
• Review working papers and client folders.
• Suggest ideas for improving engagement productivity and client service.
• Understand business & industry issues/trends.
• Identify areas requiring improvement in client business processes to prepare recommendations.
• Handling data analytics using tools like Access, ACL, etc.
• Ensure compliance with engagement plans and internal quality & risk management procedures.
• Maintain awareness of internal auditing standards issued by IIA and ICAI.
• Demonstrate an application & solution-based approach to problem-solving.
• Manage engagement budgets.
• Support superiors in developing marketing collaterals, business proposals, and new solution/methodology development.
• Develop strong working relationships with clients (process owners/functional heads).
• Pay attention to detail and mentor young interns and analysts.
• Contribute to knowledge management sessions within the practice.
• Determine that the work delivered is of high quality.
• Anticipate and identify engagement-related risks and escalate issues appropriately.
• Actively establish client and internal relationships.
• Assist and share knowledge with team members, seniors, and managers in developing new methodologies and internal initiatives.
• Participate in performing procedures, focusing on complex, judgmental, and/or specialized issues.
• Work with the team and client to create plans for accomplishing engagement objectives and strategies that comply with professional standards.
• 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.
• Perform internal control testing.
• Develop internal audit plans.
• Provide 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 their impact.
• Demonstrate excellent project management skills.
• Inspire teamwork and responsibility with engagement team members.
• Use current technology/tools to enhance the effectiveness of deliverables and services.
• Understand EY and its service lines and assess what the firm can deliver to serve clients.

Requirements & Tech Stack

• Access
• ACL
• IIA standards
• ICAI standards
• IA environment
• IA trends
• Internal control testing
• Internal audit plans
• Internal audit services
• Internal controls
• SOX framework
• Project management skills

Qualifications

• Chartered Accountant / Certified Internal Auditor or 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.
• Ability to travel outside of assigned office location at least 50% of the time, plus commute within the region.
• Successful candidates must work in excess of standard hours when necessary.
• A valid passport is required.
• Good communication skills.
• Passion for helping businesses achieve their full potential.