Finance Business Partner
Combining the strengths of the American Institute of CPAs and the Chartered Institute of Management Accountants, we empower the world’s most highly-skilled accountants – CPAs and CGMA designation holders – with the knowledge, insight and foresight to meet today’s demands and tomorrow’s challenges. We drive a dynamic accounting profession that works every day to build trust, create opportunity and grow prosperity worldwide.
Summary of Role:
Manage the operational finance function of assigned country portfolio including cash management, general ledger and the deliverables from China and HK on accounts payable and accounts receivables. Ensure compliance to regulatory and statutory requirements, local standards and The Association policy. Provide support in driving an efficient and compliant business operation.
Accountabilities & Responsibilities:
Financial Accounting
- Ensure cash management and general ledger functions as well as deliverables from China and HK on accounts payable and accounts receivables are managed in line with The Association policy and with accurate and timely manner.
- Perform the monthly reconciliation financial revenue between local business team and and GBS as and when needed to resolve any outstanding or technical issues. Reconcile the revenue from local tuition providers and conduct accurate accounting treatments related to revenue recognitions.
- Analysis debtor days and creditor days in line with agreed standards.
- Ensure accurate and timely closure of general ledger. Review and conduct key sanity checks prior to closure.
- Ensure monthly detailed income and expenditure statements, balance sheet and relevant country management information are prepared by team.
- Manage fixed asset verification once in two years and ensure proper maintenance of fixed asset register, capitalisation and depreciation.
One ERP implementation
- Support One ERP project and conduct necessary supports for testing and implementation when necessary
Treasury and working capital management
- Weekly, monthly and quarterly cashflow forecasting for optimal use of cash resources.
- Prepare quarterly grant from Head office for the assigned country portfolio
- Perform bank annual filling when necessary
- Manage 3rd party bank payments as well as bank relationship management with key banks
Reporting
- Deliver key stakeholder group for the monthly required reporting for revenue/ COGS as well controllable expenses against budget
Finance Business Partnering
- Support the evaluation of business cases and new ideas and its implementation.
- Support the N Asia team to prepare the annual budget and reforecasts as per agreed timeline and targets (Including, but not limited to furnishing actual spend by departments and tactics, identifying areas for cost containment, challenging past norms and inefficiencies etc.)
- Exercise budgetary controls to effectively utilize budgets and minimize adverse variances.
- Provide guidance to business owners regarding financial policies in order to facilitate understanding and compliance with policies.
- Participate in cross-functional team meetings to identify and resolve potential issues.
Risk and compliance
- Support the implementation of The Association financial policies and monitor adherence to the same.
- Lead the discussion with external stakeholder (e.g. external auditor and tax consultant) to prepare and complete relevant statutory reporting and tax filing for all assigned country portfolio.
- Support Senior Manager – Finance, N Asia in ensuring the compliance to corporate tax, other tax requirements, and statutory and regulatory compliance and reporting.
- Liaise with tax consultants to identify new tax legislations, amendments to existing legislations and their impact.
- Support The Association on internal audit.
- Support finance process improvements to enhance effectiveness and efficiency in collaborating with other finance team members and business teams.
Year End and Audit
- Manage the year end audit for the assigned country portfolio as per the agreed timelines and ensure management letter points are addressed on a timely manner as per the agreed action plan with Senior Manager Finance, N Asia.
Supervisory Responsibilities:
- Lead Specialist - Regional Accounting N Asia
Knowledge, Skills & Abilities Required:
- Technical skills in financial and management accounting, analytical skills
- Oracle handling end to end operational skills
- Relationship management with banks, auditors and other consultants
- Tax compliance and regulatory compliance
- Work under pressure and minimum supervision
Required Experience, Qualifications & Education:
- 4-6 years of post-qualified work experience
- Degree or professional qualification in accounting or finance
Preferred Experience, Qualifications & Education:
- Exposure in an ERP environment, familiar Oracle is plus
Why Work for Us?
At The Association, you are part of a global, diverse and talented group of colleagues. You have opportunities to innovate and collaborate in a leading organization that impacts individuals and businesses. You’ll have opportunities to progress while enjoying an exciting work environment that supports and celebrates individual achievement, development and professional satisfaction.
Together, we will lead the most influential body of professional accountants and create the future of the global accounting profession.
We offer competitive benefits, PTO, flexible working principles, and a supportive, collaborative team environment.
Equal Employment Opportunity
The Association of International Certified Professional Accountants is committed to creating a diverse environment and is proud to be an equal opportunity and affirmative action employer. All employment decisions are based on business needs without regard to race, color, ethnicity, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other applicable legally protected status. All qualified candidates are encouraged to apply.