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Sim Mong Chai profile image

Sim Mong Chai

Managing Director at Director Plus Pte. Ltd.
Intro Book
Sim Mong Chai is a seasoned Managing Director with 9 years of experience in accounting, mergers and acquisitions, and human resources, holding a B. Acc(Hons) degree from National University of Singapore.
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Location
Singapore, SG
Skills
  • Accounting
  • Mergers And Acquisitions
  • Payroll
  • Management
  • Human Resources
  • Show all
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Bio

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Sim Mong Chai is a seasoned executive with a proven track record in managing complex financial operations and driving business growth. As a Managing Director at Director Plus Pte. Ltd., he oversees the provision of nominee director services to foreign individuals and corporations, ensuring compliance with Singapore's Companies' Act. Chai's expertise spans accounting, mergers and acquisitions, and financial reporting, with a strong background in managing directorship, company secretarial work, and financial management. Throughout his 30-year career, Chai has held senior leadership positions at various organizations, including Acrafile Pte. Ltd., Value Added Systems Pte Ltd, and Tuan Sing Holdings Ltd. Notably, he led the restructuring of group banking facilities during a financial crisis, positioning the company for long-term success. Chai's education includes a Bachelor of Accounting (Hons) from the National University of Singapore and a Secondary Standard from Victoria Secondary School. Chai's language proficiency includes English, with proficiency in accounting and financial management. He is certified in company secretarial work and has experience with financial statements, tax, and payroll management.

Experience

  • Director Plus Pte. Ltd.
    • Singapore
    • Managing Director
      • Aug 2014 - Present
      • Singapore

      We have a team of experienced professionals to service foreign individuals and corporations that have Singapore Companies' businesses. We provide Professional Directorship in the provision of nominee director services to our target customers. We take care of their legal compilance, Formation of Singapore Companies, securing Industry Licences, Employment Pass, Register Central Provident Fund account (CPF) and Payroll needs, Register to Singapore Income Tax (IRAS), Bookkeeping and Accounting Requirements and other tasks assigned to us. Our objective is to assist our customers to achieve their business goals.

  • Acrafile Pte. Ltd.
    • Singapore
    • Managing Director
      • Aug 2012 - Jul 2014
      • Singapore

      We provide significant value to individuals and corporations that intend to incorporate Singapore Private Limited Companies. The turn-around time from getting the approved preferred company name is TWO hours. Our Company Secretary service comes with a named company secretary, maintenance of secretarial registers and updating of changes to the companys' structure to the authority, ACRA..

  • Value Added Systems Pte Ltd
    • Singapore
    • Director
      • Jul 1989 - Jun 2014
      • Singapore

      Founder of Value Added Systems Pte Ltd is an established secretarial and accounting company. Our unique strength is having own online Company Secretarial Software, online Accounting software. Our business locations are in Singapore, Malaysia, Hong Kong, and India

  • Tuan Sing Holdings Ltd
    • Singapore
    • Group Financial Controller
      • 1985 - 1988
      • Singapore

      Responsible for Finance, Accounting, Corporate Secretarial functions. Restructuring group banking facilities with bankers during financial crises. The team overcame the financial crises put the Group in a much better financial position.

  • Singapore Oxygen Air Liquide Pte Ltd
    • Singapore
    • General Manager -Finance
      • 1974 - 1984
      • Singapore

      Accounting, Finance, HR, Industrial Relations, IT. In 1975 appointed Merger Manager responsible for the successful merger between Far East Oxygen Pte Ltd and Singapore Oxygen Pte Ltd to form SOXAL. In 1978 appointed Merger Manager responsible for the successful merger of Malaysian Oxygen Bhd between the British and French MNC companies.

  • Sime Darby Singapore Pte Ltd
    • Singapore
    • Group Accountant
      • 1964 - 1974
      • Singapore

      Experienced in Trouble Shooting projects in Subsidiaries and Associated companies of Sime Darby Group of Companies. Industries experienced in Trading, Restaurant, Plantation, Heavy Equipment in Singapore Malaysia and Indonesia. Joined as Trainee Accountant and promoted to the rank of Group Accountant. Finalization of 50 subsidiary Financial Statements and reports to Group Financial Controller

Education

  • 1969 - 1971
    National University of Singapore
    B. Acc(Hons), Accountancy
  • 1959 - 1962
    Victoria Secondary School
    Secondary Standard, General Education

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