Global accountancy body CPA Australia is Singapore National Trades Union Congress' (NTUC) newest U Associate. CPA Australia is NTUC's 21st U Associate partner and the first professional accounting body.
“NTUC started the U Associate programme with a longer-term vision of ensuring the Labour Movement can continue to be a representative voice of all working people in Singapore. And, to help Singaporean professionals grow as a future-ready, globally competitive talent,” says Vivek Kumar, Director of NTUC U Associate and Future Leaders Programme.
"With CPA Australia joining the expanding ecosystem of 21 U Associates from a variety of sectors, there is a remarkable benefit of U Associates cross-fertilising ideas & pooling-in resources to better serve our Professional, Managerial and Executive members (PMEs) in Singapore."
Finance Operations Development Programme
As part of NTUC’s partnership programme to engage and support professional associations and PMEs, CPA Australia’s U Associate status now grants it access to an array of resources and support from NTUC for the development and professional growth of the association and its members.
Under the partnership, CPA Australia has created the Finance Operations Development Programme, supported by NTUC U Associate and e2i, to enhance the skills of individuals in various finance functions.
The programme provides training in the key areas of financial management, business management, leadership and risk management. This equips accounting, finance and business professionals with specialised technical and industry-relevant skills to navigate the changing business landscape and tackle the challenges of tomorrow.
Designed for professionals with three to eight years of experience, the programme facilitates job readiness for aspiring individuals going into a finance operations environment and fills the skills gaps of current finance operations practitioners.
“PMEs need to continually broaden and develop both their technical and soft skills to stay relevant and be future-ready. e2i has been working with industry partners like CPA Australia to help accountancy and finance professionals excel and progress in their careers," notes Gilbert Tan, Chief Executive Officer of e2i.
"The pilot Finance Operations Development Programme will equip more Singaporeans with sectorial competencies as well as versatile skills to take on higher value work and leadership roles.”
With Singapore’s growth as a global financial hub, cross-border transactions in business, finance and trade will continue to grow, along with the number of opportunities for accounting, finance and business professionals.
As such, programmes that are in line with NTUC’s goals to ensure that Singaporean PMEs from various sectors, such as accountants, remain at the forefront of helping governments and businesses make sense of the rapidly changing regulatory and business landscape.
“This collaboration will help entrench a culture of life-long learning amongst finance professionals. The Finance Operations Development Programme is designed with future industry needs in mind. It helps professionals build the necessary finance skills to stay relevant as Singapore transforms into a global accountancy hub,” says Melvin Yong, Singapore Country Head at CPA Australia.