SICC | Singapore International Chamber Of Commerce | Raffles Quay – The voice of international business in Singapore
Having trouble viewing this email? Click here
 12 DEC 2023  |  ISSUE 483

Dear Members and Friends

Here’s a thought-provoking piece with some helpful tools from our friends at EDB Singapore. After you have read it and taken the self-assessment surveys, what will you do next?

Yours faithfully
Victor Mills
Chief Executive


Are you and your business ready for what lies ahead in Finance & Accounting?

Finance & accounting (F&A) needs of businesses are evolving as a result of digitalization, increasing complexities in compliance requirements and demand for data-driven F&A work. F&A Leaders need to reimagine operating models, embrace technology and redesign business processes to stay competitive. F&A professionals should upskill to stay relevant and be equipped to take on higher-value job roles. Job roles will undergo changes and certain job roles may be at risk of displacement.

To better understand these changes, take a look at the In-House F&A Functions Jobs Transformation Map (JTM) here that EDB and the Accounting and Corporate Regulatory Authority, in collaboration with Workforce Singapore and SkillsFuture Singapore, commissioned Deloitte to develop.

Out of 20 F&A job roles studied, the JTM uncovered 16 F&A job roles that will undergo changes in job tasks and four job roles that are at risk of displacement. Eight emerging job roles have also been identified, including Environmental, Social and Governance Leads and Finance Transformation Leads. If you are interested in transformation and upgrading of skills, try out EDB’s two complimentary online Self-Assessment Questionnaires (SAQ) that measure F&A sophistication levels and provide personalized recommendations.

The Corporate SAQ is targeted at F&A Leaders to support transformation within their F&A function. The Individual SAQ encourages F&A professionals to take ownership of their individual career development and support their upskilling journey.

Try the questionnaires here today. They each will take under 30 minutes to complete.



Ad Sponsor For advertising enquiries, please email us
Upcoming Events Upcoming Events
18 January 2024
Welcome Back Reception
23 January 2024
Collaborate to Innovate TV Forum
1 February 2024
Certificate of Origin Seminar
8 February 2024
The Chamber’s 187th Birthday Reception
29 February 2024
ATA Carnet Seminar
 Our Corporate Sponsors
 Principal Strategic Partner     Strategic Partner    Gold     Silver 
NAIHE   logo-jamescook1
Co-Sponsor_GESS_03 Co-Sponsor_GESS_03   
Hardskills logo
    Co-Sponsor_SAESL Logo
Co-Sponsor_SE Logo    logo-terifficmentors   
Celebrating 100 years of trade documentation services in 2023
Facebook LinkedIn YouTube
Singapore International Chamber of Commerce
6 Raffles Quay #10-01, Singapore 048580 | | [email protected]
Copyright © 2023 SICC. All rights reserved.
If you do not wish to receive future emails from Singapore International Chamber of Commerce, please email [email protected].

Cvent - Web-based Software Solutions