Careers

Careers

The Financial Reporting Council (the FRC)​ is an independent body established on 1 December 2006 under the Financial Reporting Council Ordinance (the FRCO). It is entrusted with the statutory duty to regulate auditors of listed entities through a system of registration and recognition, and through inspection, investigation and disciplinary action.  With effect from 1 October 2022, the FRC  has been renamed the Accounting and Financial Reporting Council (AFRC) and takes on significantly increased regulatory responsibilities, oversight of the performance of the Hong Kong Institute of Certified Public Accountants regarding their statutory functions relating to certified public accountants, as specified in the Accounting and Financial Reporting Council Ordinance.

Why AFRC
What We Are

As an independent regulator, we spearhead and lead the accounting profession to constantly raise the level of quality of professional accountants, and thus protect the public interest.

Why We Exist

Our purpose is to shape a competitive environment that will nurture and promote success of the profession. This pivotal role not only enhances the quality of financial reporting but it in turn reinforces our pursuit of promoting the healthy development of the profession and Hong Kong’s position as a competitive international financial centre.

How We Work

- Dialogue

- Understanding

- Collaboration

- Law & Governance

- Thought Leadership

Core Values

Independence and Impartiality
Accountability and Transparency
Integrity
Proficiency
Career Opportunities

Responsibilities

  • Inspect audit working papers to assess the degree of compliance with the professional standards.
  • Meet and interview firm personnel to understand the firm’s quality control system and the related impact on quality audit.
  • Prepare reports on inspection findings.
  • Communicate results of inspection with the audit firms.
  • Fulfil other responsibilities as assigned.

 

Requirements

  • Certified Public Accountant registered with Hong Kong Institute of Certified Public Accountants , or a member of an accountancy body that is a member of the International Federation of Accountants.
  • Solid technical background, with at least 3-years post-qualification audit experience.
  • Extensive professional knowledge in financial reporting and auditing. 
  • Experience in quality assurance will be an advantage.
  • Excellent command of written and spoken English and Chinese.
  • Strong organisational and project management skills, and ability to prioritise work effectively.
  • Proactive, with a strong sense of responsibility, detail-minded, strong analytical and problem-solving skills, able to work independently and handle multiple tasks.
  • Ability to work constructively with colleagues across the organisation.
  • Strong interpersonal and communication skills.

 

A competitive package will be offered to the successful candidates. Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.

Key Responsibilities

  • Act as the Case Officer in the review of designated cases by preparing correspondence with auditors/entities to obtain information, analyse information obtained and identify issues of misconduct, including practice or professional irregularity, and/or non-compliance with accounting requirements and preparing and handling correspondence and interviews with auditors or entity representatives to obtain information and explanations.
  • Prepare complaint/review assessment reports and investigation/enquiry reports as well as make recommendations for cases with reference to the accounting, auditing and professional standards.
  • Perform reviews of financial statements selected under the financial statements review programme and prepare assessment reports with recommendations.
  • Screen and review modified auditor’s reports and make recommendations.

 

Key Requirements

  • At least a Bachelor’s Degree in Accounting, Finance or equivalent.
  • A Qualified CPA with at least 3 years of Audit and/or Forensic Accounting post-qualification experience.
  • Solid professional knowledge of financial reporting and auditing.
  • Solid technical background and experience in an audit firm.
  • Extensive exposure to financial reporting and auditing and assurance standards and listing rules compliance is a prerequisite.
  • Experience with regulatory bodies or law enforcement agencies or forensic accounting is an advantage.
  • Good communication skills in both English and Chinese, analytical skills and attention to detail.
  • The role carries a high level of responsibility and the candidate must exhibit independence motivation and a desire to develop a career within a regulatory body.
  • Good communication skills in both English and Chinese, analytical skills and attention to details and accuracy are keys to success in this position.

 

A competitive package will be offered to the successful candidates. Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk

This recruitment is being handled by a recruitment agency DHR Global and the application including any personal data will be forwarded to DHR Global for the purpose of the recruitment.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.

Role

Independently responsible for designated disciplinary cases and assists the Head of Discipline and Deputy Head/Director of Discipline in managing the disciplinary workload and meeting the objectives of the Discipline Department.  Working effectively in a matrixed environment and with tight timelines, individually or in a team, on complex cases.

 

Key Responsibilities

  • Consolidates, analyses and considers all documentation and representations of cases referred to the Discipline Department.
  • Handles designated disciplinary cases, makes assessment as to whether there is sufficient evidence to take disciplinary actions, and recommends the proposed sanctions to the AFRC as appropriate.
  • Recommends to conclude a disciplinary matter by resolution.
  • Prepares all necessary documentation including notices of proposed disciplinary action and decision notices that indicate reasons for the decision, effective time of the decision and details of the sanctions.
  • Implements, reviews and improves policies and procedures in relation to the disciplinary function.
  • Builds and maintains working relationships with the HKSAR Government as well as local, mainland and overseas regulators.

 

Job Accountabilities at this Level

  • Is a specialist with in-depth knowledge and experience in own area.
  • Handles designated disciplinary cases efficiently and effectively, exercising independent judgement based on analysis of multiple sources of information.
  • Supports disciplinary cases of high profile, high risk and/or complexity.
  • Communicates and explains internally/externally on complex and/or sensitive information.
  • Works independently; receives minimal guidance.

 

Key Requirements

  • Academic requirement: Bachelor of Laws (LLB) degree or equivalent.
  • A Hong Kong Qualified Lawyer, with a minimum of 6 years’ post-qualification experience in the administrative or regulatory area, public or commercial litigation, law enforcement or dispute resolution.
  • The ideal candidate should have strong communication and analytical skills. Previous exposure gained with the financial markets would be highly regarded.
  • The role carries high levels of responsibility and the candidate must exhibit independence, motivation and a strong desire to develop a long-term career within a regulatory body.
  • Communication skills in both English and Chinese and interpersonal skills are keys to success in this position.

  

A competitive package will be offered to the successful candidates. Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk

This recruitment is being handled by a recruitment agency DHR Global and the application including any personal data will be forwarded to DHR Global for the purpose of the recruitment.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.

Responsibilities

  • Provide a full spectrum of administrative and secretarial support to the Head and the Department
  • Provide calendar management, organize and coordinate meetings/conferences with internal and external parties
  • Prepare and handle correspondences, documents and bundles
  • Perform research and statistical analysis
  • Provide support to the financial statements review programme
  • Perform other duties as assigned

Requirements

  • Degree in Accountancy or equivalent
  • At least two years of relevant working experience in accounting or auditing
  • Experience in regulatory or professional bodies a plus
  • Strong analytical and problem-solving skills with attention to detail and result oriented
  • Good command of both English and Chinese (written, spoken and typing skills)
  • Proactive, with a strong sense of responsibility, well-organised, able to work independently and handle multi-tasking and deadline-oriented
  • Proficiency in PC skills, in particular, MS Word, Excel, Power Point, Chinese processing and strong document formatting skills

 

A competitive package will be offered to the successful candidate.
Applications should be sent to The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F, Two Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong, or by email to recruit@afrc.org.hk.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only. Applicants who are not contacted within six weeks may consider their applications unsuccessful. The AFRC will retain their applications for a maximum of six months.

Responsibilities

  • Conduct qualitative and quantitative research on financial reporting, audit quality, the market of listed company auditors and related topics;
  • Collect and analyse data, draft research reports, practice notes, guidance papers and other publications;
  • Support the AFRC’s efforts to promote high quality financial reporting, auditing, corporate governance and professional ethics;
  • Develop and maintain the market intelligence function of the AFRC;
  • Monitor the activities of accounting and financial services regulators worldwide to identify strategic issues and policy implications relevant to the AFRC;
  • Support the PRO Department and other teams across the AFRC to maximise the effectiveness of the use of data and statistics;
  • Perform other duties as assigned.

 

Requirements​

  • Bachelor’s degree or above;
  • At least 5 years of relevant working experience in professional firms (such as auditing, accounting or consulting firms), banks, other financial institutions, commercial organisations, or public bodies;
  • Accounting and auditing knowledge or a CPA qualification will be an advantage;
  • Strong analytical, problem-solving, communication and project management skills;
  • Ability to handle, analyse and interpret large data sets is a must;
  • Excellent command of written and spoken English and Chinese;
  • Proactive, agile, strong sense of responsibility, detail-oriented, can multitask, self-starter, deadline-driven and able to work independently or in a team.

A competitive package will be offered to the successful candidate.

Applications should be sent to The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F, Two Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong, or by email to recruit@afrc.org.hk.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only. Applicants who are not contacted within six weeks may consider their applications unsuccessful. The AFRC will retain their applications for a maximum of six months.

Responsibilities

  • Assist in processing applications and renewals for the issuance of practising certificates and registration of audit practice units, collecting application fees and maintaining the document management system and database of the department
  • Handle correspondence and enquiries
  • Perform other duties as assigned

 

Requirements​

  • Diploma or above
  • At least 1 year of working experience
  • Strong interpersonal and communication skills
  • Excellent command of written and spoken English and Chinese
  • Proficiency in using MS Word, Excel (including the use of pivot table and VLOOKUP), PowerPoint and Chinese word processing
  • Proactive, agile, with a strong sense of responsibility, detail-minded, able to work independently, deadline-driven

A competitive package will be offered to the successful candidate.

Applications should be sent to The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F, Two Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong, or by email to recruit@afrc.org.hk.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only. Applicants who are not contacted within six weeks may consider their applications unsuccessful. The AFRC will retain their applications for a maximum of six months.

Role

Independently responsible for designated disciplinary cases and assists the Head of Discipline and Deputy Head/Director of Discipline in managing the disciplinary workload and meeting the objectives of the Discipline Department. Working effectively in a matrixed environment and with tight timelines, individually or in a team, on complex cases.

 

Key Responsibilities

  • Consolidates, analyses and considers all documentation and representations of cases referred to the Discipline department.
  • Makes decision as to whether the Registered PIE auditors and/or their relevant responsible persons other practice units and CPAs are liable for disciplinary actions and recommends the proposed sanction to the AFRC, when appropriate.
  • Recommends to conclude a disciplinary matter by resolution.
  • Upon approval of sanctions, prepares format notices that indicate reasons for the decision, effective time of the decision and details of the sanctions.
  • Implements, reviews and improves policies and procedures in relation to discipline and enforcement.
  • Builds and maintains working relationships with the HKSAR Government as well as local, mainland and overseas regulators.
  • Is a career level professional staff with working knowledge and experience in own area.
  • Supports disciplinary cases of moderate risk and/or complexity, exercising independent judgement based on analysis of multiple sources of information.
  • Communicates and explains mostly internally on potentially complex and/or sensitive information.
  • Receives a moderate level of guidance.

 

Key Requirements

  • A bachelor of laws (LLB) degree or equivalent.
  • Hong Kong qualified solicitor or barrister with 3+ years of PQE.
  • Legal exposure in an administrative law or regulatory area, public or commercial litigation, law enforcement or dispute resolution.
  • Previous exposure gained with the financial markets would be highly regarded.
  • high levels of responsibility and the candidate must exhibit independence, motivation and a strong desire to develop a long term career within a regulatory body.
  • Excellent command of English and Chinese.

 

A competitive package will be offered to the successful candidates.  Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.

Responsibilities

  • Assist in policy research projects to promote the quality of financial reporting and auditing, as well as the healthy development of the accounting profession;
  • Review and process new and renewal applications for the issuance of practising certificates to certified public accountants and registration of audit practice units, and respond to related enquiries;
  • Assist in performing the annual review of HKICPA’s performance of the specified functions;
  • Manage and review the work performed by officers; and
  • Perform other duties as assigned.

 Requirements​

  • Bachelor’s degree or above;
  • At least 5 years of working experience in professional firms (such as auditing or accounting firms and consulting firms), banks or other financial institutions, commercial organisations or public bodies;
  • Possession of accounting and auditing knowledge or CPA qualification will be an advantage;
  • Strong analytical, problem-solving, communication and project management skills;
  • Excellent command of written and spoken English and Chinese;
  • Proactive, agile, with a strong sense of responsibility, detail-oriented, able to work independently in a team and multi-task, deadline-driven.

A competitive package will be offered to the successful candidate. Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong or by clicking the apply button.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only. Applicants who are not contacted within six weeks may consider their applications unsuccessful. The AFRC will retain their applications for a maximum of six months.

The Associate Director of Corporate Communications is responsible for developing and implementing effective public relations strategies to promote the mission, vision and brand of the AFRC. They will collaborate with other departments to create, develop, and achieve effective strategies to communicate with various stakeholders, including the accounting profession, government entities, professional bodies and the general public.

 

Job specifications

  • Develop and implement effective public relations and communication strategies to promote the mission, vision and brand of the AFRC as the independent regulator of the accounting profession.
  • Provide full spectrum of corporate communication support to the Chairman and the Management team.
  • Oversee the design and production of corporate publications and materials including Annual Report, Quarterly Report, periodic regulatory reports and videos.
  • Organise and implement corporate events to promote the brand of the AFRC and reinforce the relationship with key internal and external stakeholders.
  • Develop and manage media relations activities including media briefings, interviews and press enquiries.
  • Write, edit and translate quality corporate materials including press releases, presentations and speeches to effectively convey key messages and thought leadership of the AFRC.
  • Monitor and analyze communication metrics to ensure the effectiveness of strategies.
  • Develop and maintain the corporate website, digital communication channels and database.
  • Manage a small team to support the delivery of the above.

 

Requirements and Qualifications

  • Bachelor’s degree in communications, public relations, journalism, English language or related field
  • A minimum of 10 years of experience in communications or public relations preferred
  • Excellent writing, editing, and presentation skills, and detail-oriented
  • Strong organisational and project management skills
  • Able to think strategically and provide creative solutions
  • Able to work independently and as part of a team
  • Knowledge of social media channels

 

A competitive package will be offered to the successful candidates.  Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk.

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.

Responsibilities

  • Provide a full spectrum of secretarial, clerical and administrative supports to the department;
  • Organize and coordinate meetings with internal and external parties;
  • Maintain departmental calendars and schedule business appointments, meetings, seminars, conferences, and travel plans;
  • Assisting in the preparation of meeting minutes, business correspondence, presentations, and management reports;
  • Maintain proper filing and documentary systems;
  • Perform other duties as assigned.

 

Requirements

  • University graduate
  • Minimum 2 years of relevant experience
  • Experience in the accounting or finance industry, public or professional organisations or regulatory bodies is an advantage
  • Good interpersonal and communication skills
  • Strong command of written and spoken English and Chinese including Mandarin
  • Proactive, agile, with a strong sense of responsibility, detail-minded, deadline-driven, able to work independently and handle multiple tasks
  • Proficient in PC skills such as MS Word, Excel, PowerPoint & Chinese word processing

 

A competitive package will be offered to the successful candidates. Applications should be sent to: The Human Resources and Administration Manager, Accounting and Financial Reporting Council, 10/F Two Taikoo Place, 979 King’s Road Quarry Bay, Hong Kong or by email to recruit@afrc.org.hk

 

Data held by the AFRC relating to employment applications will be kept confidential and used for recruitment purposes only.  Applicants who are not contacted within six weeks may consider their applications unsuccessful.  The AFRC will retain their applications for a maximum of six months.