Vincent Chen Email & Phone Number

Singapore

Business: Precision Engineering Company Role: Revamp Financial & Management Reporting for 23 Companies within the Group. Improve Cash Flow and reduce costAccomplishments:• Improved consolidation reporting template and processes for 23 companies• Reduced material cost by about 15% or S$1.8mil annually by working on bill of materials and alternate material suppliers• Reduced manufacturing process time by about 20% or reduction of S$288K in annual labour cost• Built up product costing and pricing for 50 products in 5 product categories with differing product specification

Singapore

Business: Amer is a Fortune 500 company, focusing on Commodity Trading and Property Investment Role: Manage Finance department in Singapore, for group of companies (13 companies, including 2 in China). Appointed Companies’ corporate secretary. Accomplishments: • Set up Authorisation Limits, Expenses Controls, Accounting, Fixed Asset and Treasury policies • Set up finance, recruited, trained and expanded finance team from 2 to 12 headcounts• Successfully secured bank’s credit facility – USD80mil in document credit and USD20mil clean line • Implemented accounting software (ACCPAC) to replace manual book keeping• Secured tax incentive when set up subsidiary in Shanghai (tax and stamp duty rebates of Rmb350K on payment of Rmb2mil ), aligned with company’s business objectives

Singapore

Business: Specialty Engineering Plastic (US MNC) Role: In charge of Asia Finance Dept., overseeing Singapore, China, Japan, Taiwan and Malaysia. Accomplishments:• Led the team to obtain High Tech Company (HTC) Status in 2012 for China plant which slashed income tax from 25% to 15% (savings of about S$700K per annum)• Drive to obtain full PIC (Productivity and Innovation Credit) for Singapore plant for year of assessment 2011 and 2012 (Full S$2.4mil) even though the assets were not in the PIC asset list• Established Price List (USD/RMB) for China as well as Transfer Pricing mechanism for Asia• Led cost reduction exercise end 2011 (2012 improved by 80% or USD800K in bottom line profit) • Increased cash flow by USD3mil per year by Improving debtor and creditors days outstanding

Business: Omni, Plastic Molder was contract manufacturer under Celestica (Canada)Role: Financial Management of 4 China Plants (15 Finance headcount across China); US GAAP bridging and implemented ERP (SAP) system

Business: Singapore Listed Company, mobile phone assembly facility in TianjinRole: Manages Plant Finance, Treasury, overseeing Admin, HR & IT functions

Handle full set of Singapore Accounts, including external compliances. Also manage Malaysia and China Accounts and payment approval. Cost and benefits analysis of investment.