Bing Tsang CGMA MBA

Advisory Board Member at People First Housing Association
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Location
United Kingdom, GB

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Roman Dornbusch

Bing is a strategic thinker and analytical leader. This coupled with rich finance, operations and commercial experience across different sectors make her a highly sought-after business partner. Her focused and structured approach together with a transparent and hands-on management style enables her to effectively engage stakeholders to deliver to target. Any organizations will be lucky to have Bing as their talent.

Neil Winstanley

I worked with Bing during her time with AMS where she supported the Operations Team as our Financial Controller. Bing always went above and beyond all expectations. She fully immersed herself with the team helping them develop their financial understanding and really driving the focus on effective cost control and management. She always brings suggestions and new perspectives to discussions and challenges the norm which takes her beyond her functional role to be a key part of the business.

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Experience

    • United Kingdom
    • Non-profit Organization Management
    • 1 - 100 Employee
    • Advisory Board Member
      • Oct 2021 - Present

      Provide strategic support to the executive team on the development and delivery of business plans. Act as the Finance chair; attend board meetings; debate, develop, and make organisational decisions. Provide strategic support to the executive team on the development and delivery of business plans. Act as the Finance chair; attend board meetings; debate, develop, and make organisational decisions.

    • United Kingdom
    • Food & Beverages
    • 200 - 300 Employee
    • Senior Finance Business Partner
      • Oct 2022 - Present

    • United States
    • Medical Practices
    • 1 - 100 Employee
    • Demand Planning Manager
      • Jul 2021 - Oct 2022

      Led and optimized global demand planning function for the Surgical BU (c. £75m T/O) and partnered with senior leaders from Commercial, Operations, and Finance to coordinate strategy, capacity and demand in driving forecast accuracy and maximizing market opportunities. Play a key part in the S&OP meetings and discussions, and act as a change agent driving business improvements. Launched the statistical-driven forecast and implemented the forecasting KPIs.

    • Financial Controller | Finance Business Partner
      • Oct 2018 - Jun 2021

      Led head office site (£40m revenue and 200 employees) in achieving its strategic goals.• Improved Site Gross margin by 4% YOY through price increase and COGs reduction including leading and executing multiple cost-saving projects, delivering annual savings of £900k.• Led Post Acquisition Integration of Raleigh Coating: Implemented Standard Costing to allow accurate pricing and margin calculation; set up site performance KPI aligned with AMS group; facilitated synergy project (SWCL swap) achieving an annual saving of £300k. • Drove continuous improvements by increasing sales forecasting accuracy via the S&OP process, optimising MFG planning and reducing inventory turn and disposal; Implemented Standards and Variance review leading to variance reduction of £300k; Set up the direct labour planning and temporary labour sign-off, achieving a 4% reduction in labour cost. • Achieved 100% audit accuracy in the 2020 Year End Stock counts and 0.03% adjustments by implementing cycle count in all manufacturing processes and tighter control in stock write-off.

    • France
    • Wholesale Building Materials
    • 700 & Above Employee
    • Financial Controller
      • Mar 2016 - Sep 2018

      • Managed the annual budget and long-range plan. Took the finance lead in the Integrated Business Planning process.• Implemented Daily Sales Tracker to monitor and achieve commercial targets; implemented cost control processes achieving scrap reduction of £80K per month, turned loss-making plant into a profitable business.• Implemented Fixed Asset verification throughout the plant. Set up monthly Capex Review and improved capitalisation rate to reduce Assets under Construction from £1M to under £100k.• Led Energy Forecasting project improving energy forecasting and hedging achieving an annual benefit of £200k (based on £6m cost per annum).• Led improvements in business controls to pass the 2017 Saint-Gobain internal audit.

    • United Kingdom
    • Telecommunications
    • 400 - 500 Employee
    • Finance Analyst
      • Jan 2015 - Feb 2016

      • Streamlined month-end processes to enable early submission of ‘Management Pack’.• Built automated Cost Centre report which extracted data and produced reports from ERP. • Weekly review of commercial KPIs and trading plans targeting unprofitable products.• Significantly reduced Balance Sheet risks by effectively influencing the Operations team in timely receipting of Subscriber Acquisition Costs. • Streamlined month-end processes to enable early submission of ‘Management Pack’.• Built automated Cost Centre report which extracted data and produced reports from ERP. • Weekly review of commercial KPIs and trading plans targeting unprofitable products.• Significantly reduced Balance Sheet risks by effectively influencing the Operations team in timely receipting of Subscriber Acquisition Costs.

    • India
    • Oil and Gas
    • 300 - 400 Employee
    • Assistant Management Accountant
      • Sep 2012 - Dec 2014

      • Management Account, Performance Summaries, and Working Capital Analysis. • Margin and profitability Analysis - liaise with commercial and feedback to Management. • Responsible for international VAT (UK, FR, DE, NL). Successfully enabled international VAT rebate of £900k in time for annual royalty payment.• Developed internal expenses policies. • Management Account, Performance Summaries, and Working Capital Analysis. • Margin and profitability Analysis - liaise with commercial and feedback to Management. • Responsible for international VAT (UK, FR, DE, NL). Successfully enabled international VAT rebate of £900k in time for annual royalty payment.• Developed internal expenses policies.

    • United States
    • Staffing and Recruiting
    • 700 & Above Employee
    • Accounting Executive
      • Feb 2011 - Mar 2012

      Owned US and AUD ledgers and collaborated with oversea teams; Reduced debtor days from 45 to 30. Owned US and AUD ledgers and collaborated with oversea teams; Reduced debtor days from 45 to 30.

Education

  • Alliance Manchester Business School
    Global MBA
    2021 - 2022
  • CIMA
    Chartered Institute of Management Accountants
    2013 - 2017
  • Liaoning University
    Bachelor's degree, Economics Law
    -
  • Shenyang University
    Bachelor's degree, Economics
    -

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