Global Compliance and Reporting (GCR) is an integrated suite of Tax and Accounting services that EY provides to our multinational clients. GCR offers the ease of managing compliance and regulatory filings by:
a) Taking care of the complexity of regulatory affairs across multiple jurisdictions
b) Centrally managing the global compliance and reporting activities
c) Controlling the cost of managing compliance across various countries
Each client is referred to as an engagement and the Global Compliance and Services (GCS) team is accountable for ensuring the delivery as per the service level agreements. Tax and accounts preparation activities are globally conducted mostly in the local countries and hence requires a wide network of EY professionals to team up to provides to the client expectations. A central team (GCS) works with this global network of EY professionals to confirm client's compliance and reporting obligations across the globe are met on time. The GCS team project manages the engagement and in teamwork with the client facing teams in the Americas, Europe, the Middle East, India, and Africa (EMEIA) and APAC forms the service management office for the client.
Key Responsibilities include: