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Principal Inspector

Careers@Gov
Agency: Accounting and Corporate Regulatory Authority
Job no.: 538019
Work type: Permanent/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.

High quality audit and financial reporting is crucial to maintaining market confidence in the reliability of the financial information. ACRA takes a holistic regulatory approach to the entire financial reporting eco-system, starting from the preparation, and audit to the filing of financial statements.

As a member of ACRA’s Practice Monitoring Department (PMD) team, this individual conducts inspections and work with various stakeholders to ensure that the level of audit quality is enhanced:

  • Inspect the quality of public accountants’ work via review of audit engagements; assess the appropriateness of firm-wide quality controls and processes

Responsibilities

  • Plan and prepare for scheduled inspection, including selecting public accountants  for detailed review, and SSQC 1 elements to focus on
  • Conduct firm-wide inspections in assessing the firm’s compliance with SSQC 1, and  inspections of the individual public accountant’s work to ensure compliance with prescribed auditing standards
  • Conduct/Participate in other ad hoc projects in ensuring that ACRA’s regulatory framework for the accountancy sector remains relevant, effective and response to developments in the environment

 Requirements

  • Professional Qualification / Certification preferably in Accountancy
  • At least 10 years’ of external audit experience in a public accounting firm
  • Familiar with Singapore Standard on Quality Control 1 and Singapore Standards on Auditing
  • Demonstrates technical competency in financial reporting and auditing standards with the ability to identify, apply, resolve or report on complex accounting or auditing issues during the course of work, effective in drawing from professional experience to perform inspection or investigation work
  • Strong analytical skills to distil all available facts and bring to focus discussions on key issues
  • Excellence stakeholder management and organisational skills
  • Excellent written and verbal communication skills
  • Able to work independently and as a team player

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