Senior Auditor – Construction Industry (Singapore)

About the Role

We are looking for a highly experienced Senior Auditor with 20+ years of working experience in Singapore’s construction industry to conduct a comprehensive review of our existing accounting, finance and internal control systems.

This is a senior advisory and internal audit role, suitable for an experienced professional who has strong practical knowledge of construction-company accounting, project costing, cash flow management, procurement, subcontractors, GST, payroll, inventory, revenue recognition and financial controls.

The successful candidate will not only identify weaknesses but also advise management on the best accounting and finance system, processes and controls to establish for long-term business growth.

Key Responsibilities

1. Internal Audit & Financial Review

• Conduct a comprehensive internal audit of the company's existing accounting and finance processes.

• Review the accuracy, completeness and reliability of financial records.

• Identify financial risks, control weaknesses, process gaps and potential areas of leakage.

• Review accounts payable, accounts receivable, cash, bank, payroll, GST and other financial processes.

• Review company financial reporting and management accounts.

• Recommend practical improvements to strengthen financial control and accountability.

2. Construction Accounting & Project Costing

• Review construction/project accounting practices.

• Assess project costing, job profitability and cost allocation systems.

• Review material purchases, subcontractor costs, labour costs and project expenses.

• Establish better systems for monitoring quoted cost vs actual cost vs project profit margin.

• Review variation orders, progress claims, retention, deposits and outstanding receivables.

• Advise on effective project-level financial reporting.

3. Finance System & Process Development

• Review the company's existing accounting software and financial workflow.

• Recommend the best-fit accounting/ERP system for a growing construction company.

• Design and improve accounting workflows from:
  Quotation → Sales Order → Purchase → Project → Installation → Progress Claim → Invoice → Payment → Profitability Analysis

• Recommend suitable automation and digitalisation opportunities.

• Establish proper approval authorities and segregation of duties.

• Develop practical SOPs and internal financial controls.

4. Management Advisory

• Provide senior management with independent financial and operational advice.

• Advise management on improving cash flow and working-capital management.

• Identify opportunities to reduce unnecessary costs and improve profitability.

• Recommend stronger budgeting and forecasting systems.

• Develop meaningful management dashboards and KPIs.

• Advise management on financial risks before they become major problems.

5. Internal Control & Compliance

• Review compliance with relevant Singapore accounting, GST, tax and corporate requirements.

• Assess internal controls over purchasing, payments, expenses and collections.

• Review authorization and approval procedures.

• Strengthen documentation and audit trails.

• Recommend controls to prevent errors, duplicate payments, unauthorized purchases and financial leakage.

Ideal Candidate

We are looking for a senior-level professional, not simply a conventional external auditor.

The ideal candidate should have:

• 5+ years of accounting, auditing or finance experience.

• Strong experience with Singapore construction companies.

• Practical knowledge of construction/project accounting.

• Strong understanding of project costing and profitability analysis.

• Experience conducting internal audits and financial reviews.

• Strong knowledge of Singapore accounting, GST and financial-control requirements.

• Experience implementing or improving accounting/ERP systems.

• Strong understanding of AP, AR, payroll, cash flow, procurement and financial reporting.

• Excellent analytical and problem-solving skills.

• Ability to identify problems and provide practical solutions, not merely prepare audit reports.

• Strong communication skills and the confidence to advise company directors and senior management.

Preferred Qualifications

• ACCA / CA Singapore / CPA / equivalent professional qualification.

• Audit, accounting or finance background with a Big 4, mid-tier audit firm or established construction company.

• Experience with accounting/ERP platforms such as Xero, QuickBooks, MYOB, SAP, Microsoft Dynamics, Oracle, Zoho or similar systems.

• Experience in construction, engineering, aluminium & glass, renovation or building-related businesses is highly preferred.

Key Deliverables

Within the engagement, the successful candidate will be expected to help management establish:

1. Comprehensive Internal Audit Report

2. Finance & Accounting System Review

3. Construction Project Costing System

4. Project Profitability Tracking System

5. Cash Flow & Working Capital Control System

6. AP & AR Control System

7. Purchasing & Payment Approval Matrix

8. Internal Financial Control Framework

9. Accounting/ERP System Recommendation

10. Finance SOP & Workflow Recommendations

11. Management Financial Dashboard & KPI Recommendations

12. 12-Month Finance Improvement Roadmap