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Patrick Tan Mn is a seasoned finance executive with 16 years of experience in managing global financial operations. He has held various leadership roles, including Director Finance/China JV at MacGregor, where he successfully set up a new China JV, strengthened control over acquired TTS JVs, and disposed of one of the acquired JVs. Prior to this, he served as Director Finance/TTS Integration Project, leading the integration of 25 sites across 13 countries. His expertise spans finance, consolidation, managerial finance, cash flow, cash management, ERP, financial planning, general ledger, and budgets. Tan holds a Bachelor's degree in Accounting and Business/Management from ACCA. He has worked in various industries, including finance, construction, and manufacturing, and has experience in leading cross-functional teams, managing budgets, and ensuring operational efficiency. His proficiency in English and Simplified Chinese enables him to effectively communicate with global stakeholders. Throughout his career, Tan has demonstrated his ability to drive business growth, improve financial performance, and navigate complex global markets. His expertise and leadership skills have earned him recognition as a trusted finance professional in the industry.

Experience

    • Singapore
    • Maritime
    • 700 & Above Employee
    • Financial Director
      • Apr 2021 - Present

      Position held: Director Finance/ China JV (Hybrid control in Singapore) (1st April 2021 to PresentInvolved in setting up (1) a new China JV (Nanjing), (2) Strengthen the control for then acquired TTS JVs in China, thereafter (3) disposal 1 of the acquired TTS JV which involve the coordination of the due diligent work and coordination with the Deloitte China and China local valuer, and amazing experience on how to obtain the agreed share price to the China Partner. Plus (4) Transfer TTS Business to the Newly set up JV (very valuable experience involving lot of procedure which will not possible to obtain in the routine work ) and thereafter liquidation of the China JV with clean cut-off procedure implementedVery challenging and different experience for these JV entities fully control by the China JV partners (vs controlled by us) and yet able to build up alternative way of control through building a trust relationship and build in MacGregor control procedure in these JV entities

    • Financial Director
      • Apr 2018 - Mar 2021

      Position held: Director Finance / TTS Integration Project (1st April 2018 to 31st March 2021)Participate in the yet to acquire TTS Group while pending for Anti-Trust rule approval from various countries approval. Area involved in the facilities to merger of the TTS 25 sites / 13 countries into MacGregor sites, which can be either sites or completely new sites. Planning coordination with the operation, finance, IT, HR and the redundancy team etc….to ensure Operation continue with minimum disturbance. Also involve in the China JV including the Feasibility study report write up for future New , Merger, closure and consolidation of the number of JVs

    • Finance Director
      • Apr 2016 - Mar 2018

      Position held: Director Finance / adhoc & special projects (1st April 2016 to 31 March 2018)A change from the Routine comfort zone to project base job scop which involve leading a Pilot team for the SAP pilot run in Singapore before implemented to the rest of the countries; some small scale of due diligent project for Norway Marine group, assist in acquired Germany company to integrate to MacGregor way of workings

    • Finance Director
      • Jan 2008 - Mar 2016

      Overall responsible for the strategic accounting for Singapore, Indonesia, Malaysia and China (Tianjin). Management and development of the Finace team. Responsible for cash management, forecast, variance and budget.

    • Financial Controller
      • Mar 2001 - Jan 2008
      • Singapore

      One of my great achievements is the improvement of Kalzip's working capital from negative cash flow to cash surplus. With its strong cash flow, Kalzip gradually expanded by establishing a branch in Hong Kong followed up by setting a legal entity in Guangzhou. I also assisted the MD to ventur...

    • Finance Manager
      • Dec 1997 - Feb 2001
      • Singapore

      Within 6 months, I had successfully and smoothly led the Accounting team to revamp the old ERP Baan systems to a new ERP Jeeves system. It was indeed challenging but it was also a great opportunity to implement and improve on its internal controls, which was crucial to minimise the risk exposure.

    • Senior Accountant
      • Apr 1981 - Nov 1997
      • Singapore

      Multi Roles in Accounting -- Costing Accounting, Treasury, General Ledger for few legal entities, Consolidation Accounting etc...

Education

  • 1993 - 1996
    ACCA

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Industry Focus. “Maritime”

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