Yau Mei Wen Wendy

• Review Management Accounts and Draft Audit Reports
• Preparation of Consolidated Financial Statements for audit purposes
• Preparation of 5 years Discounted Cashflow Projections for impairment assessment purposes
• Provided accounting entries for inaccurate financial statements
• Identified few issues and provided solutions related to compliance of Companies Act and Tax regulations matters
• Assisted with recruiting, interviewing, and hiring new department employees.

Responsibilities:

• Leading a team of 11 members (3 Finance Managers & 8 Accounts Executives)
• Manage and overseeing daily operations of finance department
• Identify area of improvement for finance department and plan for changes
• Review payments for companies under LGB Group
• Review management accounts and cashflow projections
• Review yearly budget and forecast
• High level review tax estimates, tax returns, SST(MY) & GST(SG) submission, TP matters
• Review consolidated accounts prepared by accounting firm
• Bookkeeping for some small overseas companies
• Review / draft agreements
• Staffing matters eg. hiring, appraisals, prepare work schedule during MCO

Ad-hoc Projects:

• Assist in business acquisition and setting up TMK structure in Japan
• Assist in determine management service fee to be charged to inter companies
• Lead & implemented online payment in SAP & SQL
• Lead & implemented virtual bank accounts
• Lead & implemented procedure for accounts closing and deadlines
• Lead & implemented vendor payment cut-off procedure
• Lead & implemented sales invoice upload in SAP & SQL
• Lead & improved collection by implementing the late payment reminders procedure
• Restructure and standardize Finance shared folders so that files can be located easily
• Clearance of internal audit findings
• Implementation of Limit of Authority
• SAP implementation
• Participated in setting up Asset-Back Security structure

Achievement:

• Promoted from Finance Manager to Senior Finance Manager in year 2021

• Preparation of GL and financial close
• Proper recording of interco transactions, including interco invoices and fund transactions
• Preparation of monthly reconciliation of all relevant Balance Sheet items
• Filing of GST & witholding tax
• Review AP invoices and payment processing
• Liaise with auditor and tax agent
• Supervise the accounting team (2 Accounts Executive direct report to me)

Jan 2014 - Dec 2016 (promoted to Associate Finance Manager)

• Preparation of yearly budget and quarterly forecast for inter company in Singapore
• Review cash flow projections and payment proposal
• Oversee operation in MY and SG
• Continuously improve the processes to increase efficiency and effectiveness
• Review SOPs and ensure the processes are in compliance with global SOPs
• Review Journals and ensure monthly closing is done in timely manner
• Review and analyse monthly management report
• Monthly commentary of company performance
• Liaise with bank and corporate for bank facilities and other bank related matters
• Liaise with auditor and tax agent
• Assist in Transfer Pricing Study
• Supervise the accounting team (4 Accounts Executive direct report to me)

Jan 2012 - Dec 2013(Promoted to Senior Accounts Executive)

• Oversee daily operations
• Ensure accounting production in timely manner
• Supervise and review entries done by Accounts Executives
• Preparation of monthly regional reports
• Make recommendation to enhance the existing procedures and update SOPs
• Assist in budget and forecast preparation
• Preparation of cash flow projection
• Liaise with bankers, auditors and tax agents
• Manage hedge contracts
• Assist in projects for system improvement

Oct 2009 - Dec 2011 (Accounts Executive)

• Verify supplier invoices & staff claims
• Prepare payment on timely basis
• Record collection from customers and issue OR, update AR Aging
• Liaise with bank for banking transactions
• Prepare monthly journal
• Update balance sheet schedule and fixed asset register on monthly basis
• Assist in preparing audit and tax schedules
• Preparation of cash flow projection
• Assist in logistic matters

Projects :

• GST implementation
• Auto payment implementation
• SAP implementation
• Internal Control System Review

Responsibilities:

• Enter supplier invoices
• Review AP Aging and ensure prompt payment is made to local & overseas supplier
• Enter receipts and responsible for collections
• Follow up payment from customers to minimise overdue invoices
• Prepare monthly journal eg.accruals, provision, reversal of prepayment, depreciation etc
• In charge of trade financing (BA / LC for both import & export)
• In charge of banking transactions and preparation of cash flow projection
• Preparation of inventory & bank reconciliation
• Assist in closing of account
• Preparation of management account and sales analysis report

Achievement:

• Promoted from Accounts Executive to Accounts Supervisor in year 2008

• Enter sales invoices and purchase invoices into system
• Prepare payment and generate payment vouchers from system
• Capture receipts and follow up on outstanding payment from customers
• Prepare quotations to customers
• Perform bank reconciliations and assist in closing of monthly accounts
• Responsible for all banking transactions including LC / BA preparation
• Prepare journals for accruals, provisions, depreciation and other adjustment
• Assist in external audit
• Prepare basic payroll and payment as per statutory requirement