Singapore, Singapore
I’m Nicholas Chan, an experienced Internal Auditor and Chartered Certified Accountant with over 17 years of experience in internal auditing and risk management across various industries, including Maritime & Logistics (shipbuilding, shipping, freight forwarding, logistics, warehouse storage, and terminal operations), Financial Services (banking and financial institutions), Energy & Resources (oil & gas, and energy), Consumer & Industrial (consumer business, manufacturing, trading, and real estate), and Information Technology. In 2024, I was honoured to be appointed to the ACCA Singapore Network Panel, where I contribute pro-bono as part of an elected group of volunteer member advocates and advisors. This panel plays a key role in gathering member feedback and working closely with ACCA to enhance the value and relevance of ACCA membership in Singapore. I hold a Bachelor of Accounting from the National University of Malaysia. My professional credentials include Fellow Member of the Association of Chartered Certified Accountants (ACCA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Chartered Accountant with the Malaysian Institute of Accountants (MIA), Chartered Accountant with the Institute of Singapore Chartered Accountants (ISCA), and an ASEAN Chartered Professional Accountant (ASEAN CPA). Throughout my career, I have led internal audit reviews across Asia, Europe, the Middle East, and North America. I am fluent in English, Chinese (Mandarin, Cantonese, Hokkien), and Bahasa Malaysia, which enables me to communicate effectively in diverse international environments.
- Responsible for the regional internal audit function, ensuring the adequacy and effectiveness of internal control systems, risk management frameworks, and operational processes across the region. - Conduct risk-based audits, identifying gaps and recommending actionable solutions to enhance governance, compliance, and operational efficiency. - Collaborate with senior management and regional stakeholders to address audit findings, drive process improvements, and ensure alignment with organizational objectives. - Report functionally to the Internal Audit function at Japan HQ and work closely with them on strategic internal audit planning for the Southeast Asia region, ensuring alignment with global audit and risk management priorities.
The ACCA Singapore Network Panel is an elected group of volunteer member advocates and advisors. This network panel plays an important role in providing members’ feedback and working jointly with ACCA to create greater value and relevance for the ACCA membership. The key role of the ACCA Singapore Network Panel is to advise the ACCA Office on matters relating to: - strategic development; - current and future issues affecting Network Members; - raising ACCA’s profile and enhancing its reputation in Singapore; - new ideas and topics which may be addressed through courses, publications and other services; and - technical issues and consultative documents The Network Panel is also organised into 11 sub-committees and interest-groups to champion areas to better support the diverse needs of our membership of over 7,500 members and 3,000 affiliates in Singapore.
- Planned, organized, and executed the internal audit function, which involved creating audit plans, scheduling, assigning tasks, and estimating resource requirements. - Provided practical and value-added recommendations on reviewed processes and procedures, considering factors such as materiality, relevance, and documentary evidence. - Reported findings and recommendations, actively monitoring management's response and implementation of suggested changes. - Maintained respectful and effective communication and relationships with clients in the areas under review. Traveled to multiple locations, including Europe, the Middle East, and the Asia Pacific, to conduct fieldwork.
- Oversaw the internal audit function, reviewing and evaluating the adequacy and effectiveness of the Group's internal control systems and operational procedures to ensure compliance with corporate policies, guidelines, and regulatory requirements. - Led investigations into whistle-blowing complaints for the Group. - Planned and executed designated financial and operational audits - Reported functionally to the Audit Committee Chairman and administratively to the Group CEO.
- Planned, organized, and executed the internal audit function, which involved creating audit plans, scheduling, assigning tasks, and estimating resource requirements. - Provided practical and value-added recommendations on reviewed processes and procedures, considering factors such as materiality, relevance, and documentary evidence. - Reported findings and recommendations, actively monitoring management's response and implementation of suggested changes. - Maintained respectful and effective communication and relationships with clients in the areas under review. Traveled to multiple locations, including Europe, the Middle East, and the Asia Pacific, to conduct fieldwork.
- Mainly engaged in financial due diligence and internal audit assignments. - Planned, identified, and tested controls, presenting findings and recommending actions to clients. - Conducted analytical procedures and financial reviews of target entities. - Participated in special investigations and agreed-upon procedures reviews - Provided assistance in corporate recovery and restructuring assignments. - Presented audit findings and financial matters with significant impacts on the business's prospects to the board of directors, audit committees, management, and other key stakeholders. - Traveled to various locations to conduct fieldwork, including the Asia Pacific region.