Protiviti - Singapore
Working at ProtivitiLearn about how at Protiviti, we come together to share diverse ideas and experiences, grow professionally and personally, and collaborate to create a better future for our people, our clients and the communities in which we live and work.
Protiviti helped the organisation realise the value of a structured accounting and finance operation that had defined roles and leveraged desktop procedures, tracking systems and strong reporting to keep projects and activities on schedule. This has enabled the company to improve its cash management and accounts receivable functions greatly, and regain the confidence of its partners and business associates.
The food manufacturing giant is the latest in a new breed of companies whose internal audit departments purposely have set out to shift from a “policing” role to that of a strategic adviser to the executive board on key decisions.
No organisation enters a credit agreement intending to default on it, but when a banking relationship sours, trust suffers, and it can be hard for the borrower to move forward. When a fast-growing technology firm defaulted on financial and operational covenants, its banker demanded immediate repayment in full. Unable to come up with the cash or find another bank willing to refinance, the firm was quickly running out of options. Liquidation loomed.
In football, the great running backs have an uncanny knack for finding the lane that leads them on the right path to the goal line — even when that path first appears blocked. Knowing their teammates can clear the path, they capitalize on the opportunity by pushing forward with speed and agility even when there seemingly is nowhere to go. Such ability to find the hole in the line and break free is highly prized, not only in football but also in the business world, where stakeholders expect executives to scan the horizon for opportunities and set a course for success, even when at first glance opportunities may appear limited. It’s fair to say that, unlike exceptional running backs, many executives fall short in their efforts to read the future and find the path to success. This difference between aspirational goals and eventual outcomes is known as the strategic execution gap — the risk of falling short.
$3 billion homebuilder successfully brings everything under one roof with well-orchestrated IPO and acquisitions.