Boon Boon Lim
Puchong Batu Dua Belas,10
Summary
Currently as Group Financial Controller for Fuse Group with presences in multiple South East Asia Countries.
more than 20 Years of Accounting and Finance experience in local and multi-national companies in various industries, including as an audit manager at Ernst and Young Shanghai.
Additionally, a Member of the Association of Chartered Certified Accountants (ACCA), Malaysia Institute of Accountants, Honors Degree of Accounting and Financial Management (University of Sheffield, UK), and Lean Six Sigma certification, green belt.
Overview
19
19
years of professional experience
Work History
Group Financial Controller
Fuse Group
11.2023 - Current
- Oversees all aspects of financial management and reporting across operations in multiple Southeast Asian countries.
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.
- Oversee transaction processing systems and direct consolidation of finance operations in compliance with local and international regulations.
- Implement and manage necessary compliance policies for insurance technology operations and manage regulatory compliance issues.
- Prepare for initial public offering (IPO), including meeting regulatory requirements and liaising with auditors and advisors.
- Coordinate, prepare, and review monthly, quarterly, and annual reports.
- Coordinate and prepare tax schedules, returns, and information.
- Manage relationships with external parties such as auditors, tax advisors, bank officials, and the Board of Directors.
- Provide strategic financial input and leadership on decision-making issues affecting the organization, optimize the handling of banking relationships, and initiate appropriate strategies to enhance cash positions.
Head of Finance MY &Head of Finance Ops, Asia
QBE Insurance (Malaysia) Berhad
05.2018 - 11.2023
- Managed a team of 50 employees, overseeing hiring, training, and professional growth of employees.
- Serve as Board Member or Director of shared services centre, primary responsible to set-up new shared services centre in Malaysia, implementation of centralization of finance operation for Asia Countries and adoption of Asia Compliance Policies, Asia Remuneration Policy and System.
- As part of Company's Executive Team("EXCO"), primary responsible to work closely with other EXCO members to do strategic planning and decision-making according to the mission, vision and values of the Company.
- Set and monitored effective financial policies.
- Overseeing functions including financial planning and analysis, reporting, tax, capital management, BNM regulatory reporting, treasury, investment and divestment.
AVP Performance Reporting, Tax and Capital Managem
AXA Affin General Insurance Malaysia Berhad
12.2014 - 05.2018
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis
- Supervised accurate, efficient and compliant completion of monthly financial reporting packages
- Worked with 5 executives to create annual budget and track actual expenses against projected expenses
- Prepared and reviewed federal and state income tax returns in accordance with applicable tax laws
- Assisted in managing audits of federal and state income tax and state and local filings
- Managed development and implementation of lean and continuous improvement initiatives across business function.
- Improved expense reporting processes to meet company goals for earnings, quality and completion.
Finance Manager
Kencana Petroleum Berhad
11.2009 - 05.2013
- Monitoring and controlling day to day operations including review of commercial bid evaluation, agreements, payment, tracking of project costing. Example, saving of 20% against budget expenses compare to actual.
- Analyzed financial statements against forecasts to prepare high-level variance analysis
- Researched and drove integration of SAP increase efficiency of accounting systems
- Financial modelling for budgeting, forecast and capital requirement purpose.
- Managed reporting functions including liaise with auditors, tax agents and banks for funds raising purpose.
Audit Manager
Ernst And Young
12.2004 - 01.2009
- US GAAP, International and Financial Reporting ("IFRS"), People's Republic of China ("PRC") accounting standard and Hong Kong H share, SOX 404 audit in various industries including steel, technology, manufacturing and constructions.
- Performed successful listing of initial price offer ("IPO") of Giant Interactive Group Inc("Giant") of US$1,044,544,065 in New York Stock Exchange.
- Lead due diligence, agreed upon procedures exercise.
- Assist in listing of China Railway Construction Corporation("CRCC"), Hong Kong H shares.
Education
Lean Six Sigma Green Belt - Process Improvement
Lean Partners
Malaysia12.2018
Chartered Accountant - Finance
Association of Chartered Certified Accountant
UK12.2004
Bachelor Of Accounting And Financial Management - Finance
University of Sheffield
UK12.1999
High School Diploma -
Hin Hua High School
Selangor, Malaysia10.1996
Skills
- Leadership
- Finance transformation
- Financial planning and analysis
- Financial reporting
- Initial Price Offer ("IPO")
- Cash Flow Management
- Tax Compliance
Accomplishments
- Award by the Future CFO - Operational Accounting and Control, QBE Asia Services Sdn Bhd.
- Awarded by the FutureCFO - finalist for Controller of the year Award in 2023.
Languages
Chinese (Mandarin), Chinese (Cantonese), English, Malay
Native Speaker
Timeline
Group Financial Controller
Fuse Group
11.2023 - Current
Head of Finance MY &Head of Finance Ops, Asia
QBE Insurance (Malaysia) Berhad
05.2018 - 11.2023
AVP Performance Reporting, Tax and Capital Managem
AXA Affin General Insurance Malaysia Berhad
12.2014 - 05.2018
Finance Manager
Kencana Petroleum Berhad
11.2009 - 05.2013
Audit Manager
Ernst And Young
12.2004 - 01.2009
Lean Six Sigma Green Belt - Process Improvement
Lean Partners
Chartered Accountant - Finance
Association of Chartered Certified Accountant
Bachelor Of Accounting And Financial Management - Finance
University of Sheffield
High School Diploma -
Hin Hua High School
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