Experience

NTUC Foodfare

• Food & Beverages
• 1 - 100 Employee

• Financial Controller

  • May 2017 - Present

  Key responsibilities :• Partner closely with business units proactively & effectively in creating a cost-conscious culture, drive cost control and efficiency through providing business insights & cost analytics that will achieve good cost management & effective business processes.• Facilitate cost management & discuss with stakeholders to formulate action plans in profit optimization.• Provide value-added financial and strategic support/ analysis to business units.• Analyze financial/ costing data to ensure that costs remain within the limits of budget/ forecast/ desired margins goals & perform benchmarking to identify areas of improvement with stakeholders.• Analyze business processes/ operations & engage business units with identified cost saving initiatives/ activities/ measures to enhance these processes & eliminate redundancies, to monitor & manage costs.• Perform financial modelling, scenario analysis & forecast to support business units’ decision making such as new retail initiative/ strategy, price adjustment.• Provide financial analysis & simulation for business units’ during the tender for new outlets/ contracts, renewal of outlets/ contracts & cessation of underperforming outlets/ contracts.• Oversee the internal control, corporate control & compliance; ensure effective developments, implementations & evaluations of policies & procedures, attesting consistent & compliant application.• Continuous review of controls/ work processes & proactively highlight key issues to senior management with recommendations for improvement.• Collaborate with internal auditors, ensuring duly follow-up on management’s responses to the findings and recommendations by internal auditors.• Support CFO in the Enterprise Risk Management program.Achievements :• Support CFO to lead and drive the implementation & migration to new SAP S/4 Hana system in 2018.• Co-ordinate & support business units in the stabilization of new system during the operational stage in 2019. Show less

• Financial Controller/ Senior Manager

  • May 2000 - Jul 2017

  Key responsibilities :• Provide leadership to a finance team to enable strategic foresight in the business & provide accurate information to the Board & management.• Ensure all business, financial & reporting activities and tax reporting activities comply with financial & statutory regulations.• Provide value-added financial & strategic support/ analysis to business units.• Oversee all aspects of financial control, inventory management/ costing & analysis of the business.• Ensure prompt & accurate month-end & year-end closing, timely preparation of financial/ management/ statutory reports & analysis on business performance.• Oversee the treasury & credit control functions, & manage funds• Lead & drive annual financial review & planning, budgeting & rolling forecasting process • Perform financial modelling, simulation, scenario analysis & forecast to support business units’ decision making.• Oversee & lead the internal/ corporate control & compliance.• Oversee the insurance program.• Handle year-end statutory audit matters, accounting issues & timely preparation of statutory reports..• Collaborate with internal & external auditors.• Provide corporate secretariat support.Achievements :• Lead and drive the implementation, migration & stabilization of accounting systems.• Streamline month-end closing & reporting process; shorten the cycle time from month-end to issuance of financial reports to senior management - from 20th working days to 11th working days.• During the acquisition of Wang Café business, perform financial due diligence, analyze financial impact, pricing strategies, projected ROI, financing risks & risks mitigation actions. After the acquisition, formulate, develop & implement new procedures & system to efficiently integrate Wang business into Foodfare & align practices.• During the purchase & development of new factory at 10 Senoko Way for food manufacturing facilities, perform financial projection & analyze the financial impact. Show less



Schneider Electric South East Asia (HQ) Pte Ltd

• Singapore

• Finance Manager

  • Jun 1998 - May 2000

  Key responsibilities : • Report to Zone Financial Controller and Vietnam’s Country Director of the monthly financial results, analysis of the monthly financial statements and the variances. • Responsible for the full spectrum of financial, accounting and treasury functions in the Regional Office. • Responsible for full spectrum of financial, accounting, treasury and costing functions in the Vietnam subsidiaries – the Manufacturing Plant and Sales Office. • Manage the annual budgeting and forecasting process. • Formulate and implement the accounting, financial and regulatory policies. • Periodic review and improve the accounting, forecasting and budgetary control system. • Supervise, motivate and lead a team of account staff (3 accounts assistants); provide leadership, direction, motivation, clear objectives and meaningful feedback to team members. • Handle the year-end statutory audit matters, accounting issues and timely preparation of financial statements to ensure absence of audit discrepancies and compliance with relevant statutory requirements and accounting standards. • Liaise with tax agents and corporate secretary to ensure compliance to statutory requirements. Achievements : • Assist Regional Industrial Controller in the preparation of the 3-years strategic plan by activities for the zone. • Set up a new accounting system in the Regional Office in order to shorten the monthly accounts closing and reporting process and to be Y2000 compliance. • Set up a new costing system in Vietnam’s Manufacturing Plant to manage its production process and cost effectively. • Set up and train a local Vietnam finance team to take over the financial control and costing function of the Vietnam’s subsidiaries. Show less



Schneider Electric Industrial Development Singapore Pte Ltd

• Singapore

• Finance Manager

  • Apr 1997 - Jun 1998

  Key responsibilities : • Report to Factory Manager and Regional Industrial Controller of the monthly financial results, analysis of the monthly financial statements and the variances. • Responsible for the full spectrum of financial, accounting, costing and treasury functions. • Ensure prompt and accurate month-end and year-end closing, timely preparation of financial/ management/ statutory reports and analysis on the business performance. • Provide meaningful commentary and analysis of financial data, variances and ad-hoc analysis. • Oversee the inventory costing and management – manufacturing process and R&D’s project costing. • Manage the annual budgeting and forecasting process. • Formulate and implement the accounting, financial and regulatory policies. • Periodic review and improve the accounting, forecasting and budgetary control system. • Supervise, motivate and lead a team of account staff (2 accountants and 3 accounts assistants); provide leadership, direction, motivation, clear objectives and meaningful feedback to team members. • Handle the year-end statutory audit matters, accounting issues and timely preparation of financial statements to ensure absence of audit discrepancies and compliance with relevant statutory requirements and accounting standards. • Liaise with tax agents and corporate secretary to ensure compliance to statutory requirements. Achievement : • During the restructuring and downsizing of the production operations and relocation of production operations to Batam factory in 1998, perform the financial projection and analyze the financial impact and risks. Show less



NEC Semiconductor Singapore Pte Ltd

• Assistant Manager

  • Apr 1996 - Apr 1997

• Senior Accountant

  • Mar 1993 - Mar 1996

• Accountant

  • May 1989 - Mar 1993