CBS Intern in Jericho, New York | DiversityInc Careers
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CBS Intern

Join our Core Business Services (CBS) team and you will help support the important business enablement functions that keep our organization running strong. As a CBS professional, you will work across teams to provide the knowledge, resources and tools that help EY deliver exceptional quality service to our clients, win in the marketplace and support EY’s growth and profitability. Major teams within CBS include Finance, Information Technology, Human Resources, Enterprise Support Services, Brand Marketing and Communications, Business Development, Knowledge and Risk Management. 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 we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
Job Summary: The intern supports the regional independence consultants that serve as the primary resources for consultations with the Audit, Tax, TAS and Advisory practices on independence related matters.

Key Responsibilities:

  • Participates in preparing educational materials for presentation to regional professionals on:
    • Rules and regulations proposed and/or issued by the AICPA, SEC, PCAOB, DOL, IFAC and other rule making bodies pertaining to both personal independence matters and independence matters pertaining to the Firm and its clients
    • The Firm’s policies pertaining to personal independence matters and matters pertaining to the Firm and its clients.
  • Serves as a resource in performing research used in the resolution of independence matters in the regions.
  • Collects factual information from public sources and engagement teams for analysis by the regional consultants.
  • Attends consultations with independence subject matter experts and gains an understanding of the analytics used in forming judgments and conclusions.
  • Sets up consultations in an internal database that includes all conclusions communicated to the engagement teams.
  • Collects and/or sends consultation memoranda from/to engagement teams and relevant databases.
  • Retains permanent records of the consultation in the Americas Independence Consultation Database.
  • Attends calls with professional practice director(s) and quality executives related to :
    • Changes to the independence rules and policies.
    • Compliance with educational initiatives and other independence measurements pertaining to the region.
    • Gaining an understanding of the nature of and application of new accounting standards and forming preliminary judgments on the effects of new pronouncements on our independence.
    • Tentative conclusions on unusual or high-profile consultations.
  • Develops an understanding of the new client and new engagement acceptance procedures.
  • Develops an understanding of new and emerging service offerings to clients.
  • Participates in independence or risk management related projects throughout the year.
  • Develops deep expertise in a specific area or areas of the independence rules.
  • Works directly with subject matters specialists in areas such as private equity; asset management; matters for broker dealers, registered investment advisers, unregistered funds and invest company complexes.
  • Client interaction:

    • Attends client calls on independence matters.
    • Maintains records of matters discussed.
  • Attends weekly asset management call for consultants and operations personnel working in the asset management space.
  • Assists in the preparation of independence content for asset management newsletters

Qualifications, education and certification:

This position offers tremendous learning opportunities and career potential to the right individual. To qualify, candidates must be pursuing a bachelor's degree in accounting, finance, or related business discipline and must have:
  • A GPA of 3.5 or above
  • Approximately 0-2 years of related work experience
  • Strong written and verbal communication skills
  • Strong analytical, teamwork, and organizational skills
  • Integrity, maturity, dependability, a positive attitude and enthusiasm in the performance of responsibilities
  • Ability and willingness to travel, as necessary
Ernst & Young LLP, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people.