NTUC’s e2i, the Singapore Accountancy Commission, and the Institute of Singapore Chartered Accountants launch the new Accountancy Careers Hub to support jobseekers and in-employment professionals in the accountancy sector

To meet the demand for quality manpower in a sustainable manner and to prepare workers for emerging new technologies and job roles, the Labour Movement has come alongside our workers to strengthen the Singaporean core and to translate the JTMs into tangible jobs and skills opportunities they can tap on to remain relevant in today’s economy.

2NTUC’s e2i, the Singapore Accountancy Commission (SAC), and the Institute of Singapore Chartered Accountants (ISCA) have come together to set up the Accountancy Careers Hub (ACH), which was launched by Mr Patrick Tay, Assistant Secretary General, National Trades Union Congress (NTUC).

With the launch of ACH, F&A professionals, employees within the Accountancy sector and those aspiring to join the sector will have a convenient, one-stop portal to access information on a myriad of topics essential to their careers, including:

a. Skills Upgrading – Over 300 specially curated courses from various training providers [see Annex A for current list of training providers] will be available on the ACH to help workers upskill in areas outlined in the Jobs Transformation Maps. These courses cover various skillsets, such as technical/functional skills, technology skills and soft skills, especially skills that are required in emerging job roles [see Annex B for list of technical, technology, and soft skills]. Union members can also look forward to courses supported under the Union Training Assistance Programme (UTAP), a training benefit to help union members defray the cost of their training.

b. Opportunities – Jobseekers can look forward to a new job portal specially dedicated to finance and accounting functions, as well as career opportunities within the Accountancy sector. Currently, there are over 200 jobs and 106 employers on board, with more to be added. There will also be Career Conversion Programmes for those who wish to move into the accountancy sector or move across job roles within the sector, with roles such as Cloud Accounts Executive and Business Development Executive / Manager available.

c. Career Coaching – Jobseekers or workers who need career advice and resources on how to navigate through the upcoming changes within the Accountancy sector or wish to transit into the sector or a new role, can request to meet an e2i career coach. The career coach will partner with you to provide personalised and actionable advice to help you achieve your career goals.

Ms Caryn Lim, Chief Executive Officer, e2i, said, “Given Singapore’s role as a key global financial hub, e2i has been cognizant of the steady growing demand for skilled professionals within the Accountancy sector. For the past 2 years, e2i assisted close to 1,500 individuals seeking career opportunities and/or upskilling efforts within the Accountancy sector, of which 785 were placed into F&A roles as well as jobs within the industry. Together with SAC and ISCA, e2i will synergise our efforts and bring greater and more consolidated support to finance and accounting professionals as well as workers within the Accountancy sector through the Accountancy Careers Hub. We will expand our support to companies to assist them in their manpower and transformation needs."

Mr Evan Law, Chief Executive, SAC, said, “With the emergence of new job roles, there is a strong demand for accountants qualified in diverse areas. Professionals who commit to continuous learning will benefit by remaining relevant in the long run. The Accountancy Careers Hub will be the main touchpoint providing employment and employability support for the accountancy sector. It will provide jobseekers looking to enter the industry and accountancy professionals exploring new career tracks within the sector with the relevant help they need.”

Ms Fann Kor, Chief Executive Officer, ISCA, said: “ISCA is delighted to work with e2i and SAC on the Accountancy Careers Hub to support jobseekers and in-employment professionals in the accountancy sector. New job roles, such as IT auditors and ethical hackers, will increasingly be in high demand, especially in the current data-driven business environment. By providing skills upgrading opportunities, the Accountancy Careers Hub brings better jobs to the sector and helps meet new market demand. This is aligned with ISCA's efforts to continuously upskill our Chartered Accountants to support businesses."

For more information on the Accountancy Careers Hub, please visit: https://e2i.com.sg/AccountancyCareersHub

For media queries, please contact:

Chen Ting

Senior Specialist, Communications & Digital
Employment & Employability Institute

T: 6908 4165

M: 9155 6501

E: chenting@e2i.com.sg

About NTUC’s e2i (Employment and Employability Institute)

NTUC’s e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives. For more information, please visit www.e2i.com.sg.

About Singapore Accountancy Commission (SAC)

The Singapore Accountancy Commission (SAC) spearheads the development of the Singapore accountancy sector with the vision of developing Singapore into a leading global accountancy hub. SAC is working to achieve this by deepening the skills of the accountancy talent pool; developing the industry to capture growth opportunities; and creating a hub and exchange by building Singapore into a centre for thought leadership. SAC is a statutory body under the Ministry of Finance. For more information, please visit www.sac.gov.sg.

About the Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a world-class accountancy body of trusted professionals, contributing towards an innovative and sustainable economy. There are over 33,000 ISCA members making their stride in businesses across industries in Singapore and around the world. Established in 1963, ISCA is an advocate of the interests of the profession. Possessing a Global Mindset, with Asian Insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards Singapore’s transformation into a global accountancy hub. ISCA is the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation. ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries. For more information, visit www.isca.org.sg.

Chinese Names and Terms 中文名称与词汇:

Annex A – List of Training Providers

Currently, there are also 14 training providers on board, with more to be added:

• 1 Acc Pro Singapore Pte Ltd
• 2 Association of Chartered Certified Accountants (ACCA) Singapore
• 3 BMC International College PTE LTD
• 4 CPA Australia Ltd.
• 5 Kaplan Higher Education Academy Pte Ltd
• 6 Kaplan Learning Institute Pte Ltd
• 7 Nanyang Technological University (NTU)
• 8 Ngee Ann Polytechnic
• 9 SAA Global Education Centre Pte Ltd
• 10 Singapore Institute of Technology (SIT)
• 11 Singapore University of Social Sciences (SUSS)
• 12 Tax Academy of Singapore
• 13 The Institute of Internal Auditors (IIA)
• 14 The Institute of Singapore Chartered Accountants (ISCA)

Annex B – List of Skills

The upcoming Accountancy Careers Hub will have over 300 courses that will cover the following skillsets:

Technical Skills

1. Assurance
2. Business Valuation
3. Enterprise Risk Management / Risk Advisory
4. Financial Accounting
5. Financial Forensics
6. Internal Audit
7. Management Accounting
8. Mergers and Acquisitions
9. Restructuring and Insolvency
10. Tax
11. Environmental and Social Governance

Technology Skills

1. Data Analytics and Visualisation
2. Cybersecurity
3. AI and Machine Learning
4. Cloud Accounting
5. Robotic Process Automation (RPA)

Soft Skills

1. Creative Problem Solving
2. Presentation skills for Finance