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Senior / Principal Inspector, Practice Monitoring Department

Careers@Gov
Agency: Accounting and Corporate Regulatory Authority
Job no.: 492772
Work type: Contract
Location: Singapore
Categories:Accounting, Audit, Finance

At ACRA, we make Singapore a trusted and best place for business. Our people are proactive self-starters, empowered to create value and grow their careers in an environment that fosters trust and respect. Join us to make a difference! We now have the following exciting career opportunity available. You may also visit our career page at https://www.acra.gov.sg/careers to find out more about other career opportunities.

Ever wondered if you could champion Singapore's aim to become a public accountancy hub by helping to improve the quality of audit in Singapore? Or do you aspire to help your fellow accountants/auditors by providing improvement pointers on the audits that have been undertaken? If you have a good degree in Accountancy and have minimum 10 years of experience in the audit profession, you may be the one we are looking for!

For other career opportunities in ACRA, you may visit our career page at https://www.acra.gov.sg/careers/ to find out more!

Responsibilities

As a member of the Practice Monitoring Department, your responsibilities include but are not limited to the following:

• Engaging public accountants in an open and constructive manner so as to understand their business processes and contribute to improvements in audit quality by:
- Performing a review of audit engagements to assess for compliance with current auditing standards and practices
- Performing a review of the public accountancy firm's system of quality control for audit engagements to assess for compliance with Singapore Standard on Quality Control 1. (i.e. SSQC 1)
- Preparing reports to highlight issues noted in the inspection and assessing their impact on audit quality
- Sharing best practice initiatives in efforts to assist firms in strengthening their quality controls framework

• Articulate viewpoints in a clear, concise and impactful manner at various platforms and committee meetings
• Be part of a team of officers that assist in initiatives to uplift the standards of the audit profession by conducting workshops and conferences
• Having the opportunity to interact with foreign regulatory agencies at international workshops/conferences and keep abreast with developments in the profession globally
• Supporting committees through preparation of agendas, reports and recording of minutes
• Working with stakeholders within and outside ACRA on various projects to help improve the quality of audit in Singapore

Requirements

• Professional training in Accountancy 
• Minimum 10 years of experience in the audit profession
• Technically competent and conversant with both the requirements of the auditing and accounting standards
• Strong written and verbal communication skills with an emphasis on engagement and interaction with public accountants in Singapore
• Good project management skills and the ability to work within stipulated timelines
• Able to engage and manage stakeholders within and external to the organisation
• Able to work independently as well as in a team


If you are shortlisted for the position(s), you should hear from us within 30 days of the closing date of the advertisement. 

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