Loo Chai Kheng

Finance: Group-level key responsibilities:

• Consolidated financial results of subsidiary accounts into group financial results of parent company, Can-One Berhad.
• Prepared quarterly reports, analyses, and commentary on the performance of operating segments and other information for the Group Finance Director to present to the Board of Directors and announce to Bursa Malaysia.
• Reviewed and analysed annual budgets and 5-year forecasts, and consolidated budgets at Group level.
• Handled corporate exercises together with directors, CFO, company secretary and external consultants.
• Responded to bankers’ annual review.
• Managed accountants on the following:
i) timely reporting of financial results
ii) compliance of accounting policies, standards and statutory requirements across the group entities
iii) implementation of Finance’s standard operating procedures.
• Reviewed subsidiaries’ financial statements.
• Addressed external and internal auditors’ audit findings.
• Prepared the annual report of Can-One Berhad.
• Ad hoc tasks assigned by Group Finance Director.

Finance: Company-level key responsibilities:

• Analysed variances and commented on monthly financial statements.
• Reviewed receivables aging report to ensure payments were updated and highlighted overdue debts to marketing for collection.
• Reviewed payables aging reports to ensure sufficient cash flow and timely supplier payments.
• Reviewed payment vouchers to confirm all payments were supported by invoices and verified documents.
• Reviewed monthly bank reconciliation to ensure accounting balances matched bank statements.
• Reviewed journal vouchers to ensure journal entries are properly supported.
• Reviewed inventory costing and inventory physical count results.
• Reviewed authenticity checks by AP executives on new supplier applications to confirm entity, contact, and payment details.
• Estimated annual tax payable.
• Liaised with the General Manager to prepare annual budget and forecast.
• Liaised with the tax agents on submission of income tax return and other matters.
• Liaised with the company secretary on submission of company annual return, preparation of resolution on acquisition and disposal of assets and other matters.
• Liaised with external auditors on arrangement of annual statutory audit to ensure timely completion of statutory audit and resolve on audit findings.

Sustainability & Risk Management key responsibilities:

• Stayed up to date with new developments and best practices in sustainability.
• Identified, monitored, and tracked enterprise risk registers.
• Integrated enterprise risk registers with ESG risks and opportunities.
• Reviewed GHG emissions records.
• Coordinated with internal stakeholders to ensure accurate and timely data collection aligned with the Bursa Reporting Guide.
• Coordinated progress on sustainability goals and targets with business segments to ensure successful implementation.
• Supported Sustainability and Risk Management Working Group meetings.
• Collaborated with internal stakeholders to integrate sustainable practices into operational strategies.
• Drove awareness and engagement initiatives aligned with sustainability policies, guidelines, and procedures.

Responsibilities:

• Planned and assigned resources and team members in accordance with skills and schedules.
• Identified business process risks, discussed with Audit Manager/Partner, and communicated to team members.
• Monitored the progress of team members to meet due date of each audit engagement.
• Communicated with clients to understand client’s business operations, performance and audit findings.
• Reviewed team members’ work, including the internal control testing, analytical reviews, and other substantive procedures on samples testing.
• Performed analytical review on company and group performances.
• Ensured client’s financial statements were prepared in accordance with MFRS, IFRS and statutory requirements.
• Reviewed clients’ consolidated accounts, financial statements and annual report
• Attended, observed and evaluated the stocktake procedures.
• Conducted team member performance appraisals.

• Developed understanding of the client’s business.
• Vouched sampled transactions against supporting documents
• Evaluated the internal control systems implemented by clients.
• Interacted with the clients to collect all the necessary data/information, set-up and maintain audit files, prepare lead sheets etc.
• Clearly and accurately documented the execution of specific audit procedures as defined by the engagement objectives, audit client's engagement history, and planned audit approach.