Michael Lee

Senior Financial Controller (FP&A) at Milence
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Contact Information
us****@****om
(386) 825-5501
Location
Netherlands, NL
Languages
  • English Full professional proficiency
  • Korean Native or bilingual proficiency

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Experience

    • Netherlands
    • Utilities
    • 1 - 100 Employee
    • Senior Financial Controller (FP&A)
      • Feb 2023 - Present
    • United Kingdom
    • Oil and Gas
    • 1 - 100 Employee
    • Entity Controller / FP&A Lead
      • Jan 2021 - Feb 2023

      • Led FP&A and Controlling in charge of all P&L reporting process (Budget/Actuals/Forecast) of Technip Energies Netherlands, Technip Oil & Gas B.V. • Designed and managed +15 KPI detailed reports in Power BI to be shared on a cloud base. Increased data accuracy and efficiency of operational process • Identified, communicated, and monitored financial risks and opportunities, and to translate those into executable actions with aim to improve business performance • Led the Quarter-end closing activity for P&L items • Business partnering with Sales, R&D, Project Execution, Procurement, HR, Legal by providing financial performance • Implemented SOX/Internal control program of entity and supervised the deliverables sent to corporate • Played a key role in tax filing / external audit process • Led the Cashflow forecast including reporting/analysis Show less

    • United Kingdom
    • Oil and Gas
    • 700 & Above Employee
    • Financial Controller
      • Oct 2017 - Dec 2020

      • Ensured management are regularly supplied with the appropriate quality and quantity of financial and business data to enable them to effectively manage the business • Managed the Business Unit reporting requirements at projects and at entity level • Provided financial and operational support to management related to the assigned tasks. • Analysed and managed the Actuals / Forecast / Budget reporting process (Order Intake, P&L, costs structure). Produces project forecast (revenue/gross margin calendarization) working closely with Cost Control. • Led in the preparation of Annual Budgets / Monthly Forecasts. This includes detailed analysis of fluctuations and variances as compared to the actual results or previous forecasts. • Maintained and updated planning models, tools and processes to reflect current and future changes to the business as new information is acquired. • Monitored and applied adequate internal control procedures under a Sarbanes-Oxley framework. • Validated cost accounting reconciliation working closely with Cost Control. • Participated and challenged Project Management Review for projects. • Communicated with external auditors for all project related financial aspects. • Assisted and maintains documentation for all company financial policies and procedures. • Assisted audits performed by external auditing firms and tax agencies. Show less

    • South Korea
    • Computers and Electronics Manufacturing
    • 700 & Above Employee
    • Financial Controller
      • Oct 2016 - Sep 2017

      • Successfully setup up the new company ‘SEACE(Samsung Electronics Air Conditioner Europe)’ which is the HQ of 17 European subsidiaries for Air conditioning product • Executed sales/profit/expense variance analysis in weekly, monthly basis and make recommendations to management for profit maximization • Led the annual budget planning and monitor expenditure and profit regularly to ensure cost effectiveness with helicopter view • Managed and updated P&L data of 17 subsidiaries by using BI tool and SAP • Guided and communicated with business partners(sales, marketing, service department) by providing financial forecast and result • Led the month-end closing activity with accounting team • Collaborated with HR for headcount forecasting and cost saving analysis • Designed the profit analysis logic with HQ in Korea • Performed as a steering wheel between HQ in Korea and 17 subsidiaries • Prepared the customized SAP by testing with different scenarios Show less

    • Bangladesh
    • Business Consulting and Services
    • 1 - 100 Employee
    • Business Controller / Global Risk Management
      • Jan 2013 - Dec 2015

      • Partnered with Project Manager by delivering financial numbers and analysis to improve profitability of projects• Monitored ongoing project activities against the project management plan and analyzed budget vs actual of Middle East and US area• Reported project status by weekly basis (budget, actual, forecast, variance, KPI)• Forecasted both direct and indirect costs, including labor, materials, equipment• Analyzed the commercial risk in 40 countries (Asia, Middle East, South America, Africa) to help decision in global expansion to upper management; issued annual report as a book format (2013-2014)• Embedded Risk Management culture by giving training, publishing guidebook, and making internal Risk Management website Show less

    • Financial Analyst
      • Jul 2009 - Dec 2012

      • Analyzed weekly/monthly sales/overhead/investment performance, highlighting variances between plan and result• Led the monthly forecasting process by partnering with sales team, investment portfolio team• Conduct ROI analysis to maximize investment opportunities by Ad-hoc• Reported the consolidated sales/issue weekly reports to management• Participated the annual budgeting of sales, overhead, investment• Create and maintain sales report, Executive meeting minutes and KPI dashboards for all levels of management• Developed a standardized P&L forecasting model, which reduced 1FTE• Controlled budget by giving guideline and training to the end user• Identified and implemented cost reduction strategy, which saved 200k euros in 2011 Show less

    • South Korea
    • Computers and Electronics Manufacturing
    • 700 & Above Employee
    • Intern
      • Jan 2008 - Jun 2008

      • Management reporting (European market weekly sales data by product model and telecom provider) collecting and analyzing from 15 European countries with recommendations on strategies to enhance sales • Implemented centralized operations and sourcing test mobile devices in 15 European countries • Management reporting (European market weekly sales data by product model and telecom provider) collecting and analyzing from 15 European countries with recommendations on strategies to enhance sales • Implemented centralized operations and sourcing test mobile devices in 15 European countries

    • South Korea
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Sales and Marketing Intern
      • Dec 2006 - Feb 2007

      • Analyzed cost structure of sales team and planned the way to reduce operational cost • Participated in the training of Marketing and sales, session of IBM Asia-Pacific Region • Researched the regional trend of Software market • Analyzed cost structure of sales team and planned the way to reduce operational cost • Participated in the training of Marketing and sales, session of IBM Asia-Pacific Region • Researched the regional trend of Software market

    • United States
    • Law Enforcement
    • 1 - 100 Employee
    • Air Traffic Controller
      • Jun 2004 - Jun 2006

      • Conducted air traffic controlling within Korean territory • Guided platoon of fifteen soldiers to aid personal and professional development • Interpreted meetings between high-ranking military officers from Korea and the US • Conducted air traffic controlling within Korean territory • Guided platoon of fifteen soldiers to aid personal and professional development • Interpreted meetings between high-ranking military officers from Korea and the US

Education

  • Rotterdam School of Management, Erasmus University
    Master of Business Administration (M.B.A.), Business Administration and Management, General
    2016 - 2017
  • Institut Mines-Télécom Business School
    Exchange Program, Business Administration and Management, General
    2008 - 2009
  • Korea Advanced Institute of Science and Technology
    Bachelor's Degree, Business and Technology Management
    2002 - 2009

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