Thuan Nguyen

Financial Controller at CH Trading (Chemical Trading)
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Contact Information
us****@****om
(386) 825-5501
Location
VN

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Experience

    • Vietnam
    • Chemical Raw Materials Manufacturing
    • 1 - 100 Employee
    • Financial Controller
      • May 2023 - Present

      Ho Chi Minh City, Vietnam Financial Accounting and Reporting: • Monitoring day-to-day financial activities and ensuring proper control over the budget. • Reviewing local financial statements, including postings and disclosure notes, to ensure accuracy and compliance. • Participating in audits and providing necessary documentation and support to auditors. • Collaborating with external bookkeeping agency on payroll, reconciliation, reporting, and postings. Operation controls and CEO… Show more Financial Accounting and Reporting: • Monitoring day-to-day financial activities and ensuring proper control over the budget. • Reviewing local financial statements, including postings and disclosure notes, to ensure accuracy and compliance. • Participating in audits and providing necessary documentation and support to auditors. • Collaborating with external bookkeeping agency on payroll, reconciliation, reporting, and postings. Operation controls and CEO supports: • Monitoring the effectiveness of the sales and procurement procedures by developing quality metrics. • Providing comprehensive support to business and top management on financial issues. • Assisting in finance-related group projects and contributing to their successful completion. • Keeping up-to-date with country authorities and following up on legislation changes. • Structuring transactions and participating in negotiations to secure favorable outcomes. • Preparing internal reports based on parent companies' requests. Working capital and Trade Finance Instrument control: • Handling different financial instruments such as LC, Bank Guarantee, Credit Insurance, Factoring, and overdrafts. • Managing trade finance instruments to optimize working capital and mitigate risks. • Monitoring Working Capital metrics, including payables, receivables, and overdue. Treasury Management • Implementing and managing optimal payment routes as part of the overall currency management strategy. • Coordinating with banks, ensuring compliance with currency regulations and efficient payment processes. Show less

    • United States
    • Manufacturing
    • 700 & Above Employee
    • Finance and Accounting Manager - AP & Projects
      • Jun 2019 - May 2023

      Binh Duong, Vietnam • Lead and actively participate as a key member in various projects within the F&A department and cross-functional teams to support business transformation and process improvements. • TINA project: Led the group structure transformation project to achieve tax and import duty savings. • Internet Supplier Portal project: Managed the development and deployment of a standardized system to support material delivery and customs processes for suppliers. • Automation on Invoice validation… Show more • Lead and actively participate as a key member in various projects within the F&A department and cross-functional teams to support business transformation and process improvements. • TINA project: Led the group structure transformation project to achieve tax and import duty savings. • Internet Supplier Portal project: Managed the development and deployment of a standardized system to support material delivery and customs processes for suppliers. • Automation on Invoice validation project: Oversaw the implementation of an automated system for invoice matching and billing for over 700 trade suppliers. • Led a team of 40 members to ensure process integrity, maintain internal controls, and improve payments and inventory control. • Collaborated with Operation Finance, Customs Compliance, and Shipping teams to arrange yearly customs settlements. • Reviewed and analyzed pending invoices and receipt status, working with other departments to drive payment improvement. • Worked closely with the Sourcing team to improve payment terms and achieve at least a 10-day Days of Payable Outstanding (DPO) to optimize working capital. • Managed supplier recruitment and evaluation plans to strengthen the supplier base. Show less

    • United Kingdom
    • Manufacturing
    • 700 & Above Employee
    • Customer Development Finance - Assistant Manager
      • Dec 2017 - Jun 2019

      Ho Chi Minh City, Vietnam - Successfully managed the financial aspects of the Modern Trade Channel across multiple categories. - Led financial planning, analysis, and due diligence for trade commercial business cases pertaining to the total Modern Trade Channel. - Conducted financial analysis on trade and promotion programs within the Modern Trade channel, ensuring optimal performance while minimizing costs. - Tracked and monitored trade budget utilization, ensuring compliance with company accounting… Show more - Successfully managed the financial aspects of the Modern Trade Channel across multiple categories. - Led financial planning, analysis, and due diligence for trade commercial business cases pertaining to the total Modern Trade Channel. - Conducted financial analysis on trade and promotion programs within the Modern Trade channel, ensuring optimal performance while minimizing costs. - Tracked and monitored trade budget utilization, ensuring compliance with company accounting principles and budget guidelines. - Evaluated the contribution rate of key accounts, providing insights for investment decisions related to trade terms, brand marketing, and indirect costs. - Served as a Finance Business Partner to Key Accounts, Shopper Marketing, and Channel & Category Development teams, facilitating turnover forecasting and conducting financial analysis. Show less

    • United States
    • Hospitals and Health Care
    • 700 & Above Employee
    • Internal Control Executive
      • Jan 2017 - Dec 2017

      Ho Chi Minh City, Vietnam - Acted as the finance-side representative in critical business re-engineering projects such as DMS project, Gimmick and POSM centralization, Branch centralization, New distributor Recruitment and Retirement Policy, and Distributor Assessment project. - Coordinated and supervised the internal control team at branches, conducting surprise checks/audits at retailers, distributor sites, and branches. Prepared detailed audit reports for the Head of Finance and Commercial Controller. -… Show more - Acted as the finance-side representative in critical business re-engineering projects such as DMS project, Gimmick and POSM centralization, Branch centralization, New distributor Recruitment and Retirement Policy, and Distributor Assessment project. - Coordinated and supervised the internal control team at branches, conducting surprise checks/audits at retailers, distributor sites, and branches. Prepared detailed audit reports for the Head of Finance and Commercial Controller. - Discussed audit findings and recommended actions with line managers, reporting outcomes to senior management. Collaborated closely with HR and Legal departments to address any employee-related issues. - Proactively identified key areas of risk within the organization and proposed appropriate controls to mitigate risks. - Developed risk-based annual audit and SOX testing plans, outlining the scope, nature, and timing of audit activities. - Designed internal audit procedures and work programs focused on operational processes, particularly related to distributors and promotion programs. Show less

    • Vietnam
    • Financial Services
    • 700 & Above Employee
    • Audit Senior
      • Dec 2013 - Dec 2016

      Ho Chi Minh City, Vietnam - Successfully managed a portfolio of 10-12 clients, including Interfood Shareholding Company, Masan Brewery Group, Espace Business Hue JSC (BigC), Vietnam Dairy Products JSC, and Vietnam Dairy Cow OMCL (Vinamilk group), during audit peak seasons. - Efficiently controlled audit engagement budget and supervised the audit team, ensuring proper task allocation and adherence to project timelines. - Provided guidance and leadership to team members, facilitating effective audit fieldwork… Show more - Successfully managed a portfolio of 10-12 clients, including Interfood Shareholding Company, Masan Brewery Group, Espace Business Hue JSC (BigC), Vietnam Dairy Products JSC, and Vietnam Dairy Cow OMCL (Vinamilk group), during audit peak seasons. - Efficiently controlled audit engagement budget and supervised the audit team, ensuring proper task allocation and adherence to project timelines. - Provided guidance and leadership to team members, facilitating effective audit fieldwork, problem-solving, and quality review processes. - Demonstrated excellent communication skills, maintaining professional interactions with clients and management to address detailed financial issues, identify control deficiencies, and propose recommendations for business process improvements. - Prepared and presented financial statements for clients in compliance with both Vietnamese Accounting Standards and International Financial Reporting Standards. - Consistently achieved high-performance assessments for two consecutive years, leading to promotion to Senior Auditor in July 2016. - Conducted audit procedures for critical sections of financial statements, including Revenue, COGS, PP&E, Investments, Promotion expense, Staff cost, and Taxation, for major multinational corporations (MNCs) and fast-moving consumer goods (FMCG) clients. Show less

Education

  • ACCA
    Advanced Diploma in accounting, Accounting and Finance
    2015 - 2017
  • University of Economics and Law
    Bachelor's degree, Accounting and Auditing
    2010 - 2014

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