Redefining the Finance Function with Job Redesign

PI: Mr Poon King Wang (LKYCIC, SUTD)
Team: Mr Galvyn Goh, Mr Norakmal Hakim, Ms Radha Vinod, Mr Darion Hotan (LKYCIC, SUTD)

To illustrate how job roles in finance functions can be redesigned to meet the challenges of technology disruption and how accountants can prepare for what is likely to come, the Institute of Singapore Chartered Accountants, Lee Kuan Yew Centre for Innovative Cities at the Singapore University of Technology and Design and Ernst & Young Advisory collaborated in a study to investigate how job roles in finance functions in Singapore can evolve to optimise collaboration between humans and machines and what new skill sets accountants may need going forward.

The study presents a practical reference point for finance leaders considering to carry out job redesign in their finance functions, as well as for accountants looking to prepare themselves for the changes.