Compliance Manager, Financial Reporting Surveillance Department

ACCOUNTING AND CORPORATE REGULATORY AUTHORITY
  • Job Category
    Public / Civil Service
  • Job level
    Manager
  • Contract type
    Contract

Job Description

At ACRA, we make Singapore a trusted and the best place for business. Our people are proactive self-starters, empowered to create value, and grow our careers in an environment that engenders trust and respect. Join us to make a difference to Singapore!

 

We now have the following exciting career opportunity available. You may also visit our career page at https://www.acra.gov.sg/careers for other career opportunities.

 

Job Responsibilities

 

As a member of the Financial Reporting Surveillance Department, your responsibilities include the following:

 

  • Investigate potential non-compliance with accounting standards in the financial statements of mainly listed companies:
    • Monitor news relating to or announcements of listed companies;
    • Perform review of financial statements and together with more experienced officers, identify potential material non-compliance with the accounting standards and other laws;
    • Enquire with company directors (in writing and meeting) on the accounting treatments of major transactions and balances;
    • Evaluate directors' responses and form a view on whether there is a material non-compliance with accounting standards;
    • Together with valuation experts, identify major valuation issues during review of financial statements and form a view on whether there is  a material non-compliance with accounting standards;
    • Prepare documents, present and facilitate discussion with accounting panel(s) and valuation panel; and
    • Together with legal officers and other enforcement agencies, perform investigation and prepare cases for court proceedings.

 

  • Develop policies and work with stakeholders to develop a progressive and forward-looking financial reporting ecosystem in Singapore:
    • Assist with the development of medium to long-term roadmap to improve the quality of financial reporting in Singapore;
    • Drive and/or provide inputs on the proposed changes to financial reporting requirements in Companies Act, Listing Rules and other regulations;
    • Review and develop policies to achieve high compliance with accounting standards in Singapore; and
    • Work with stakeholders and other regulatory bodies to advocate and achieve high compliance with accounting standards in Singapore.

 

  • Embrace design thinking, data analytics and digital solutions to monitor compliance with accounting standards, identify potential non-compliance, analyse common non-compliances and streamline our work processes. Training and support will be provided.

 

 

Job Requirements

  • Have the passion and drive to be part of the team responsible for improving the quality of financial reporting in Singapore.
  • Minimum 5 years of experience dealing with accounting or valuation. Investigation and/or forensic experience will be an added advantage.
  • Good knowledge of accounting or valuation standards, and a strong interest to deepen it. Training and support will be provided.
  • Reliable, independent and driven by challenges in a fast-paced environment.
  • Have an eye for detail, as well as a questioning and analytical mind.
  • Strong written and communication skills.

We regret to inform that only shortlisted candidates will be notified.


Closing on 16 Jun 2021