Location: Singapore or Kuala Lumpur
Employment Type: Full-time
Department: Group Finance (Technical Accounting & Reporting)
Reporting to: Group Controller / CFO
Seniority: Senior Manager/Associate Director
Role purpose
Lead the technical accounting, carve-out execution, and pre-IPO audit readiness for ScaleUp's restructuring into three independent businesses (MSB, SaaS, AaaS). Own IFRS/HKFRS policy, consolidation, auditor interface, and IPO-grade financial reporting and controls.
Key responsibilities
- Technical accounting and policy
Author and maintain the Group Accounting Policy Manual (IFRS 3, 9, 10, 12, 13, 15, 16 IAS 1, 7, 12, 36, 38).
Draft position papers on revenue (SaaS/AaaS: subscription, variable consideration), financial instruments (classification, ECL, hedge), fair value hierarchy, R&D capitalization, leases, and consolidation/deconsolidation (SPVs/wrappers). - Carve-out and consolidation
Design eBay/PayPal-style carve-out methodology: allocation keys, standalone cost base, intercompany eliminations, TP/MSAs.
Produce historical carve-out FS for SaaS and AaaS and the post-carve-out MSB prepare opening balance sheets, equity bridges, and pro formas (HKEX Rule 4.29).
Own monthly consolidation, close calendars, and audit-ready binders. - Pre-IPO audit readiness (HKEX)
Run audit dry-runs lead Big4 issue logs, PBC lists, and walkthroughs coordinate component auditors (MY/SG/HK).
Prepare the unaudited pro forma adjusted NTA and EPS schedules support accountants reports (Chapter 4) and prospectus disclosures. - Controls and reporting
Implement SOXlite ICFR framework (entity/process/ITGC) document/test key controls for revenue, trading PL, R&D, close/recons.
Oversee ERP and close automation deployment enforce data lineage (tradeP&LGLFS). - M&A accounting
Lead IFRS 3 PPAs (tech, customer relationships, brands), deferred tax, goodwill impairment (IAS 36), and Day1/Day100 controls.
Minimum qualifications
- CPA/CA/ACCA (or equivalent) with 8-12 years experience in Big4 assurance/technical advisory and/or listed-company controllership.
- Deep IFRS/HKFRS application across IFRS 15, IFRS 9/13, IAS 38/36, IFRS 3, IFRS 10/12 proven carve-out and consolidation experience.
- Track record managing Big4 audits, IPO readiness, and pro forma Rule 4.29/NTA/EPS schedules.
- Strong financial instruments literacy (FX/gold, derivatives, PB margining) and variable consideration mechanics.
- Advanced Excel + working proficiency in ERP/consolidation (e.g., NetSuite/Workday) and close automation (BlackLine/Trintech).
Preferred
- Exposure to regulated MSB/payments, asset management/trading, and SaaS revenue recognition.
- Familiarity with HKEX/SFC prospectus processes and Singapore/Malaysia tax/TP basics.
- Experience with ICFR/ITGC design and testing audit analytics.
Core competencies
- Technical rigor and documentation excellence (clear memos, citations, alternatives considered).
- Program management across multi-entity, multi-jurisdiction closes.
- Stakeholder management (CFO, Legal/Tax, External Auditors, Bankers).
- High integrity, confidentiality, and independence.
Key deliverables (first 180 days)
- Approved Accounting Policy Manual and carve-out methodology.
- Audit-ready carve-out FS (SaaS/AaaS/MSB) with equity and allocation bridges.
- Pro forma adjusted NTA/EPS schedules and Rule 4.29 package.
- Implemented monthly close calendar, consolidation packs, and ICFR core controls.
- Auditor issues log with pre-cleared positions on top-six judgments (IFRS 15 variable consideration IFRS 9 classification/ECL IFRS 13 FV IAS 38 capitalization IFRS 3 PPA IFRS 10 consolidation).
KPIs
- Clean external audit with no material weaknesses on-time PBC delivery.
- Zero late adjustments post hard-close 3 immaterial audit adjustments.
- Policy adherence score (testing), control pass rates, and close-cycle time reduction.
- Successful completion of pro forma and prospectus accounting sections.
Compensation
- Competitive base + performance bonus.
- Training/CPD sponsorship pathway to Associate Director/Controller.
Application
Submit CV and two samples: (1) anonymized technical memo (IFRS 15/9/13/38) and (2) a carve-out allocation methodology or consolidation bridge you led. Include availability and work authorization for SG/MY.
