Assistant Finance Manager
Job Summary
The Assistant Finance Manager is responsible for ensuring financial compliance statutory and group reporting maintenance of robust internal controls and providing financial support to project-based operations. The role requires strong technical accounting expertise in PRC GAAP IFRS and US GAAP along with a solid understanding of project accounting revenue recognition contract management and the financial operations of a construction consulting business.
The position serves as a key liaison between business team auditors tax advisors and external regulatory authorities.
Key Responsibilities
Project Finance Management
- Understand project lifecycle from proposal contract award project execution billing collection and project close-out.
- Monitor project financial performance and profitability.
- Support project managers in project budgeting and cost monitoring.
- Review project costs labor utilization subcontractor charges and project margins.
- Ensure proper revenue recognition under applicable accounting standards (IFRS 15 ASC 606 and PRC requirements).
- Assess project contracts and determine appropriate revenue and cost recognition treatment review unbilled revenue deferred revenue and revenue accruals.
- Monitor contract compliance and financial risks associated with client contracts.
- Monitor subcontract payment to ensure a pay when paid policy.
- Interpret accounting implications of contract modifications claims and variation orders.
Financial Reporting & Accounting Compliance
- Ensure accounting records are maintained accurately and in accordance with PRC GAAP.
- Support preparation of group reporting packages under IFRS and/or US GAAP.
- Analyze differences between PRC GAAP IFRS and US GAAP and prepare necessary adjustments.
- Review monthly quarterly and annual financial statements.
- Manage month-end and year-end closing activities.
- Review balance sheet reconciliations and ensure timely resolution of outstanding items.
- Ensure compliance with corporate accounting policies and procedures.
Regulatory Compliance & Governance
- Monitor compliance with PRC accounting tax and regulatory requirements.
- Maintain strong internal control environment and ensure compliance with SOX requirements where applicable.
- Support implementation and monitoring of corporate governance policies.
- Identify compliance risks and recommend corrective actions.
- Maintain documentation supporting internal control frameworks.
- Liaise with tax advisors on complex tax matters to ensure tax compliance
Audit Management
- Coordinate annual external audits and statutory audits.
- Act as primary contact for auditors.
- Prepare audit schedules and supporting documentation.
- Drive timely resolution of audit findings and management letter points.
Process Improvement and team supervision
- Strengthen accounting processes and internal controls.
- Drive automation and standardization initiatives.
- Improve reporting quality and efficiency.
- Supervise and review the daily work performed by the Assistant Accountants to ensure accuracy completeness and compliance with company policies and accounting standards.
- Provide technical guidance and coaching on accounting treatment compliance requirements and company procedures.
- Participate in ERP implementation and finance transformation projects when required.
Qualifications :
- Bachelors degree in Accounting Finance or a related discipline.
- Professional accounting qualification (e.g. ACCA CPA or equivalent) is preferred.
- 58 years of progressive accounting or Auditing experience preferably in Big 4 or construction consulting industry.
- Strong understanding of accounting principles financial reporting standards and internal controls.
- Hands-on experience overseeing Accounts Payable (AP) Accounts Receivable (AR) and General Ledger (GL) processes.
- Experience in budgeting forecasting and financial analysis is an advantage.
- Experience with ERP systems (Microsoft Dynamics) implementations is preferred.
- Advanced proficiency in Microsoft Excel and Power BI.
- Familiarity with internal controls risk management and regulatory compliance requirements.
Personal Attributes
- Takes ownership of assigned responsibilities and ensures deliverables are completed accurately and on time.
- Proactive and hands-on with a positive can-do attitude and willingness to take on new challenges.
- Collaborative team player who fosters a positive working environment and supports the development of team members.
- Committed to continuous learning and professional development.
- Results-oriented individual who thrives in a fast-paced and dynamic environment.
- Ability to build effective relationships across functions.
- High level of integrity professionalism and commitment to maintaining confidentiality.
- Self-motivated resourceful and capable of working independently with minimal supervision.
- Strong problem-solving mindset with the ability to identify issues recommend solutions and drive continuous improvement.
- Demonstrates resilience and adaptability in managing changing priorities.
- Strong attention to detail while maintaining the ability to see the bigger business picture.
Additional Information :
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Remote Work :
No
Employment Type :
Full-time
About Company
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