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Job Req Id:
265263
Business Area:
Audit & Assurance
Date Posted:
13-Jan-2021
City:
Hong Kong
Title: Senior - Strategic Accounting Solutions (Financial Services Industry) - Audit & Assurance- Hong Kong
About the Business
- With accounting standards getting ever so complicated while innovative business models continue to emerge due to technological advancement, businesses, lawyers and sponsors now more than ever seek assistance from us in helping them to navigate the accounting landscape.
From advising on accounting policy options to optimize financial position, implementing new accounting standards to evaluating the accounting feasibility of intricate business arrangements, we support our clients on highly complex transactions and deals so that they can focus their energy on growing their businesses.
Work you'll do
- Help clients to research accounting literature and conduct technical analysis to evaluate the impact of different accounting policy options available in an emerging business model or complex transaction and identify practical solutions that could help optimizing their financial positions/ performances while staying compliant to applicable financial reporting framework and regulations
- Work with clients as well as members of different functions/ service lines to support on the implementation of new accounting standards (e.g. IFRS 9, 15, 16 or 17), including but not limited to: gather and analyse underlying transactional data, analyse the financial impact of the new standard, identify potential changes needed to existing policies and processes, assisting on the redesign and testing of the existing reporting system
- Support forensic specialists and lawyers in investigating fraudulent accounting scheme, quantifying the potential impact of misstatements
- Assist partners/ managers to work hand in hand with lawyers, sponsors, investors and auditors to assess the accounting feasibility of intricate business arrangements in a deal (e.g. restructuring, business model, etc.) and their impacts on financial performance
- Assist clients to manage the accounting compliance obligations in various jurisdictions as well as handle regulatory challenges
- Research and prepare materials for accounting trainings/ workshops to clients, such as finance teams, board of directors, audit committee, lawyers, sponsors, research analysts, etc
- Produce a high quality work product and collaborate with others across phases of the project lifecycle to deliver a superior client experience
- Manage own work in an ethical manner with a continuous attention to quality and risk rules, and confidentiality
- Assist on the preparation of proposal and drafting of the report
- Stay abreast of industry trends, new regulations and financial reporting requirements that may have an impact on our clients
- Identifies and contributes to opportunities and is aware of the storefront and what services can be provided to client base. Contributes to the chosen focus area/s
A fit for the role? Let's talk about you.
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We are looking for someone with:
- Bachelor or Master degree of any disciplines
- Preferably professional accounting qualification (e.g. HKICPA, CICPA, AICPA, etc.), but would also consider candidate with strong client delivery experience
- Minimum three years of experience in delivering professional services as an auditor of financial statements or a consultant in the area of accounting or finance
- Strong understanding of HKFRS / IFRS, PRC GAAP and/or US GAAP and preferably have knowledge and experiences in the application of new accounting standards (i.e. IFRS 9, 15, 16 and/or 17)
- Be able to relate accounting standards and financial reporting regulations to business processes as well as to generate business benefits and optimize financial position / performance for clients on top of staying compliant
- Be a team player and be able to work well with individuals from across disciplines, such as lawyers, sponsors, investors, etc., as well as across cultures and seniority
- Strong project management skills
- Be passionate about delivering the best solution to our clients
- Be an excellent communicator and have fluency in both English and Mandarin Chinese, including both technical and business writing, documentation and presentation skills
- Proficient in Microsoft Word, Excel and PowerPoint
- Willing to travel