Manager / Associate Director (Investigation)

Responsibilities

• Assess allegations of complaints, intelligence and emerging market issues to determine whether regulatory enquiries or investigations should be initiated, exercising sound professional judgment.
• Lead or support investigations into possible misconduct of public interest entity (PIE) auditors, registered responsible persons, and professional persons, including but not limited to matters involving internal controls of audit firms/practice units and PIEs, complex audit judgments, business transactions without commercial rationale, suspected management fraud, and other issues affecting market confidence.
• Lead or support enquiries into possible non-compliance with relevant accounting requirements in the financial statements of a PIE, including but not limited to the financial analysis, significant estimates, related-party arrangements, and transactions that may warrant regulatory attention.
• Develop clear, evidence-based and well-reasoned reports and recommendations to support regulatory decisions and enforcement actions, drawing connections between case facts, professional standards, market developments and protection of public interests.
• Engage with external stakeholders, including audit firms, PIEs, and other regulators/law enforcement agencies, on case-related matters, intelligence sharing and regulatory coordination.
• Contribute to the continuous enhancement of investigation methodologies, enforcement protocols, and internal processes, including but not limited to use of data and technology to identify red flags and emerging risks in different industries.
• Provide technical insights and support to the Council’s initiatives and strategic projects that aim to strengthen audit quality, financial reporting integrity and public confidence in Hong Kong’s capital market.

Requirements

• Bachelor’s degree in Accounting, Finance, or relevant discipline.
• Certified Public Accountant (CPA) 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 plus at least 3 years of relevant post-qualification experience in audit.
• Strictly adhere to integrity, independence and other ethical requirements of the Code of Ethics.
• Extensive exposure to financial reporting, auditing and assurance standards, and listing rules, with the ability to apply technical knowledge to complex, real-world fact patterns.
• Experience with regulatory bodies or law enforcement agencies will be an advantage.
• Strong organisational and project management skills, and ability to prioritise work effectively.
• Proactive, adaptive and detail-minded, with strong problem-solving skills, critical thinking mindset and the ability to identify red flags in complex business models in different industries, financial information and audit evidence.
• Able to work constructively with colleagues across the organisation and is a team player.
• Strong interpersonal and communication skills.
• Genuine interest in the development of the profession, market integrity and topical issues affecting investor confidence, with a commitment to strengthening market confidence and protection of public interests in Hong Kong.
• Growth personality and the ability to leverage artificial intelligence to achieve efficient process, and effective outcome is a plus.
• Extensive knowledge and exposure in IT audits are a plus.
• Strong writing skills in English and Chinese.

(Candidates with more experience may be considered for the position of Associate Director.)

A competitive package will be offered to the successful candidate.

To submit your application, please click Quick Apply or email to [email protected].

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 one year.