Assistant Finance Manager

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.

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• Professional accounting qualification (e.g., ACCA, CPA, or equivalent) is preferred.
• 5–8 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.

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