Yip John Wai
Assistant Manager, Advisory – Capital Projects & Infrastruct
BSc in Applied Accounting, Oxford Brookes University, 2008; ACCA, 2008
What did you do at university?
I took up the ACCA qualification as it is the fastest pathway to become a chartered certified accountant straight out of high school. ACCA may be seen to produce chartered accountants, but I personally see ACCA as a qualification that shapes us to be all-rounders for the business world.
The ACCA qualification also acts as a bridge to other qualifications such as the MBA, Chartered Financial Analyst (CFA), and Chartered Internal Auditor (CIA).
Why did you choose a career in your field?
I’m currently attached to the corporate finance advisory practice of PwC, specialising in capital and infrastructure projects. I thoroughly enjoy being a consultant, where we strive to understand our clients’ needs and assist in delivering value for them.
What do you do in your job?
My team and I work in asset intensive and regulated industries. We advise on the entire project finance value chain including public-private partnerships (PPPs),critical infrastructure and physical property strategies.
With a background in financial accounting, I personally assist the team in financial analytics and areas of financial modelling. Understanding the business’ key commercial and financial drivers, I assist the team in building and reviewing the financial models to help our clients understand the impact of different financial or commercial assumptions on their cash position, profit, tax or financing structure.
What do you like most about your job?
It is important to be surrounded by helpful and friendly colleagues and superiors, especially when you are venturing into a new career line. Fortunately, PwC provides a conducive work environment that supports me in developing my career in advisory services. This is on top of the flexible working arrangements and attractive perks which we enjoy.
The nature of my job provides ample travel opportunities and it allows me to meet different types of clients, which I enjoy. In return, I benefit by having an expanded network.
What skills do you consider to be essential for your job?
Both technical and soft skills are crucial for this job. To be able to provide credible advisory services, we must think ahead of the client. One must also develop the initiative to keep abreast with current issues, both domestic and global. The only cost you will need is time, which is a worthy investment.
What are your future plans?
With a great learning platform and solid clientele exposure provided at PwC, I am keen to build my career in my current line of work. I am currently pursuing my MBA, which should be completed by the end of the year.
Academic success is important to get you to higher ground, but it is maturity that puts you on top.