Eric Lau, MBA, CPA, FRM

Head of Accounting and Tax at Ada Health
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Contact Information
us****@****om
(386) 825-5501
Location
Düsseldorf, North Rhine-Westphalia, Germany, DE

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Jochen Biedermann

Eric successfully concluded a group consulting project for Frankfurt Main Finance e.V, which I supervised. As part of that, he developed a strategy for our SDG FinTech Initiative and provided highly valuable insights for our association. I wish him all the best for his future career.

Gilles Komi MAGLO

Going beyond & beneath the defined terms of reference of an assignment is the traits/characteristics of bright and passionate fellows, often eager to deliver more than just a report. These bright folks, in so doing, in due time are ones best prepared to become the Leaders of tomorrow [if they are not already]. Eric is one perfect example. I have been impressed by Eric's critical, yet constructive analyse capability in designing solutions to complex problems and the mindset to deliver nothing but the best. It was an enlightening experience working with Eric during the SDG Fintech Initiative research project. Best , Gilles

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Credentials

  • CPA
    Hong Kong Institute of Certified Public Accountants
    Jan, 2010
    - Nov, 2024
  • FRM
    Global Association of Risk Professionals
    Jan, 2010
    - Nov, 2024
  • Open Water Scuba Instructor
    PADI

Experience

    • Germany
    • Hospitals and Health Care
    • 200 - 300 Employee
    • Head of Accounting and Tax
      • Sep 2022 - Present

    • Germany
    • Wellness and Fitness Services
    • 1 - 100 Employee
    • Head of Accounting
      • Dec 2020 - Aug 2022

      - In charge of monthly, quarterly and annual closing for german entities and consolidated group under HGB and IFRS; - Coordinate and lead both tax audit and financial audit; - Manage the entire accounting function; - Drive process improvement projects - In charge of monthly, quarterly and annual closing for german entities and consolidated group under HGB and IFRS; - Coordinate and lead both tax audit and financial audit; - Manage the entire accounting function; - Drive process improvement projects

    • Germany
    • Financial Services
    • 300 - 400 Employee
    • FP&A Manager
      • Feb 2019 - Dec 2020

      - Product owner of ERP system - Oracle NetSuite; - Designed and implemented processes in relation to NetSuite; - Built and maintained financial models in FP&A tool - Adaptive Insights; - FP&A and controlling - Product owner of ERP system - Oracle NetSuite; - Designed and implemented processes in relation to NetSuite; - Built and maintained financial models in FP&A tool - Adaptive Insights; - FP&A and controlling

    • Hong Kong
    • Software Development
    • 1 - 100 Employee
    • Financial Director
      • Oct 2018 - Feb 2019

      - Providing financial advice and support to an IT start up; - Building financial models for business plans including forecasting cashflows, P/L and balance sheets - Providing financial advice and support to an IT start up; - Building financial models for business plans including forecasting cashflows, P/L and balance sheets

    • Germany
    • Higher Education
    • 500 - 600 Employee
    • Consultant for SDG FinTech Initiative
      • Jun 2018 - Sep 2018

      - Assessed the current state of SDG FinTech Initiative by working closely with top management of the member companies; - Interviewed key stakeholders in the area of sustainable finance including government authorities in Europe and China; - Developed a comprehensive strategy and the corresponding implementation plan for SDG FinTech Initiative - Assessed the current state of SDG FinTech Initiative by working closely with top management of the member companies; - Interviewed key stakeholders in the area of sustainable finance including government authorities in Europe and China; - Developed a comprehensive strategy and the corresponding implementation plan for SDG FinTech Initiative

    • United Kingdom
    • IT Services and IT Consulting
    • 700 & Above Employee
    • Assistant Manager - Management Accounting Department
      • Jul 2012 - Mar 2017

      - Team lead overseeing Hong Kong, Macau, Taiwan and the Philippines; - Drove ERP migration project; - Optimization of internal control processes of the Finance and Accounting; - Improved KPIs on Accounts Receivables and Payables; - Group reporting and consolidation; - Financial modeling for investment scenarios; - Ensured compliance with IFRS; - Conducted internal training across the organisation on accounting processes and controls - Team lead overseeing Hong Kong, Macau, Taiwan and the Philippines; - Drove ERP migration project; - Optimization of internal control processes of the Finance and Accounting; - Improved KPIs on Accounts Receivables and Payables; - Group reporting and consolidation; - Financial modeling for investment scenarios; - Ensured compliance with IFRS; - Conducted internal training across the organisation on accounting processes and controls

    • Italy
    • Retail Luxury Goods and Jewelry
    • 700 & Above Employee
    • Accountant
      • Jun 2010 - Jul 2012

      - Monthly closing and management reports for the group; - Supervised three reports; - Served as point of contact for accounting inquiries for all departments; - Prepared budgets, forecasts and business plans; - Conducted monthly reviews and variance analysis between budgets and actual results; - Prepared quarterly tax reports for the group; - Reviewed, improved and documented internal controls procedures; - Drove POS and accounting system enhancement processes - Monthly closing and management reports for the group; - Supervised three reports; - Served as point of contact for accounting inquiries for all departments; - Prepared budgets, forecasts and business plans; - Conducted monthly reviews and variance analysis between budgets and actual results; - Prepared quarterly tax reports for the group; - Reviewed, improved and documented internal controls procedures; - Drove POS and accounting system enhancement processes

    • Professional Services
    • 700 & Above Employee
    • Senior Associate
      • Dec 2006 - Jan 2010

      - Provided audit and related services to multinational corporations; - Designed audit scope and strategies; - Performed financial statement analysis; - Lead teams of auditors in various assignments with responsibilities including active coaching, project management, ensuring compliance with relevant auditing and accounting standards, and conducting meetings with senior executives for the assessment of internal controls and business risks - Provided audit and related services to multinational corporations; - Designed audit scope and strategies; - Performed financial statement analysis; - Lead teams of auditors in various assignments with responsibilities including active coaching, project management, ensuring compliance with relevant auditing and accounting standards, and conducting meetings with senior executives for the assessment of internal controls and business risks

Education

  • Frankfurt School of Finance & Management
    Master of Business Administration - MBA
    2017 - 2018
  • HKUST Business School
    Bachelor of Business Administration - BBA, double majors in Accounting and Management
    2003 - 2006
  • Diocesan Boys' School
    1997 - 2003

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