What’s a Career Like for EY FDD Group

Generated with sparks and insights from 13 sources

Introduction

Role Overview: Financial Due Diligence (FDD) at EY involves analyzing financial data to help clients make informed decisions during mergers and acquisitions.
Work Quality: The FDD team at EY is known for high-quality work, often dealing with complex transactions and providing detailed financial insights.
Work-Life Balance: The work-life balance in FDD can be challenging, with long hours during peak periods, but generally better than audit roles.
Career Development: Working in FDD offers significant learning opportunities and can be a stepping stone to roles in FP&A, corporate finance, and other financial sectors.
Culture: EY promotes a diverse and inclusive culture, providing professional development and flexibility to its employees.

Responsibilities: FDD professionals analyze financial statements, identify risks, and provide insights during M&A transactions.
Skills Required: Strong analytical skills, attention to detail, and proficiency in financial modeling are essential.
Client Interaction: Regular interaction with clients to understand their needs and provide tailored financial advice.
Team Collaboration: Work closely with other EY teams, including tax, audit, and advisory, to deliver comprehensive solutions.
Tools Used: Utilizes advanced financial software and tools to conduct thorough due diligence.

High Standards: EY's FDD team is known for maintaining high standards in their financial analyses and reports.
Complex Transactions: Often deals with complex and high-value transactions, providing detailed financial insights.
Client Trust: Builds strong trust with clients by delivering accurate and reliable financial due diligence.
Continuous Improvement: Regularly updates methodologies and practices to stay ahead in the industry.
Feedback Mechanism: Encourages feedback from clients and team members to improve work quality continuously.

Peak Periods: Work-life balance can be challenging during peak periods with long hours and tight deadlines.
Better than Audit: Generally, the hours in FDD are better than those in audit roles.
Downtime: During downtime or between deals, the workload can be more manageable.
Flexibility: EY offers flexibility and mobility options to help employees manage their work-life balance.
Supportive Environment: The company promotes a supportive environment to help employees cope with work pressures.

Learning Opportunities: FDD offers significant learning opportunities, including exposure to various industries and complex transactions.
Professional Growth: EY provides tools and professional development programs to help employees grow in their careers.
Mentorship: Access to mentorship and guidance from experienced professionals within the firm.
Certifications: Encourages obtaining relevant certifications such as CPA, CFA, and others.
Career Path: Can lead to roles in FP&A, corporate finance, and other financial sectors.

Diversity and Inclusion: EY promotes a diverse and inclusive culture, valuing different perspectives and backgrounds.
Professional Development: Offers various programs and resources for continuous professional development.
Flexibility: Provides flexibility in work arrangements to help employees balance their personal and professional lives.
Team Collaboration: Encourages collaboration and teamwork across different departments and regions.
corporate responsibility: Engages in corporate responsibility initiatives, contributing to community and societal well-being.

FP&A Roles: Many FDD professionals transition to Financial Planning & Analysis roles, overseeing budgeting and financial planning.
Corporate Finance: Opportunities in corporate finance, including roles in treasury and financial strategy.
private equity: Some move into private equity, leveraging their due diligence experience.
consulting: Transition to consulting roles, providing financial advisory services.
Industry Roles: Positions in various industries, utilizing their financial analysis and risk assessment skills.

Selective Hiring: EY is known for its selective hiring process, seeking candidates with strong academic backgrounds and relevant experience.
Application: Candidates need to submit an online application, including a resume and cover letter.
Interviews: The process typically involves multiple rounds of interviews, including technical and behavioral questions.
Assessment: Some roles may require candidates to complete assessments or case studies.
Values Alignment: EY looks for candidates who align with its values and culture.