Senior Executive, Finance (Business Partnering)

Responsibilities

Portfolio & Partner Rotation Management

• Maintain and update audit portfolio on a daily basis, including:
  • Wins, losses, fee changes (including subcontracting fees)
  • Operational updates (e.g. engagement partner/manager changes)
• Business partnering with BD, Engagement Managers, Partners, and Finance on portfolio updates
• Maintain and reconcile Partner Rotation (PIE) lists to portfolio, ensuring consistency across different data sources
  

Billing, Work-in-Progress (WIP) and receivables Management

• Oversee progress billing on a daily basis for audit engagements to ensure:
  • Timely and accurate invoicing
  • Alignment with LOE timelines and WIP positions
• Monitor billing/WIP delays and document root causes and follow-up actions
• Work collaboratively with Finance to manage aged receivables (>60 days), including tracking non-collectible items and documenting the causes of delays along with follow-up actions.
• Work closely with Engagement Managers (EM), Engagement Partners (EP), and Finance
  

Reporting to Head of Audit

• Portfolio Analysis to support finance budgeting and forecasting
• Track and update potential losses (by financial year) and confirmed losses (e.g. green form)
• Track and update partner portfolio to manage risk, etc.
• Prepare and present reports for Monthly Audit Partners’ Meeting, Audit Leaders’ Meeting (Manager), ACRA report (AQI), PMP data updates (Not frequent)
• Progress billing, WIP, receivables/collection updates on a weekly basis.

Requirements

• Diploma in accountancy or finance related disciplines
• Minimum 4 years of relevant working experience
• Meticulous and analytical with numbers
• Well-versed in accounting transactions in accordance to accounting standards
• Experience in NetSuite / OpenAir Oracle would be an advantage
• Advanced MS Excel knowledge, with demonstrated ability to organize data is preferreda