Mei Yee Chong Email & Phone Number

Singapore

Currently, I report to the GM and Secretary at an exclusive swimming club. I also furnish financial support to various committees, including the Finance, Audit, Investment, Tender, Vision 2030, and Digitalization Committees. In addition, I performed as Project Leader for the new Club Management System, successfully deploying and transitioning to the new system in Jan 2022. Most notably, I increased interest income by $150K in 2 years.Contribution Highlights: Finance Operations: Steer cash flow and fund management, comprised of the placement of fixed deposits, structured deposits, and the purchasing of bonds. Secure quality assurance and settle member complaints. Attend monthly meetings and execute policies per senior leadership. Submit Annual Reports presentation materials for AGM Purposes. Oversee the yearly budget and partner with external/internal auditors and Tax Officers from IRAS on Club’s Property Tax matters. Confirm payment vouchers and authorize bills, journals, and bank reconciliations. Negotiate service fees with bankers. Purchasing Activities: Lead 3 team members in the Purchasing division to secure all purchases being approved accurately. Audit annual and semi-annual comparison exercises. Expedite E-procurement sourcing to raise efficiency.  Jackpot Room Functions: Guide operations within the Jackpot division with 9 employees. Enforce control processes and compliance with IRAS and Police Licensing Department regulations. Analyze the monthly declaration to IRAS on duty for betting. Provide jackpot analysis reports for management reporting and streamline all collection procedures with External Auditors. Examine Jackpot machine productivity to offer new machine solutions. Information System: Supervise 3 IT team members and IT capital/operating budgets. Deployed the Club Management System (POS System) and procure products and services to enhance the computer system.

Singapore

Here, I led the finance department consisting of 4 team members under the direction of the GM and COO at a leading advertising company. I consolidated 2 Business Units Accounts under 1 entity while managing 6 regional company accounts. In addition, I supervised the company’s cash flows for the Singapore territory.Contribution Highlights: Supported the Fact System Implementation, including revamping the current system setup; changing the chart of accounts; implementing BU, Profit Centre/Cost Centre, and Contract Reporting; and improving the system template for invoicing. Overhauled the accounting system (Peachtree) and completed the 2014 Financial Reports outsourced to an accountant firm. Streamlined 2015 Financials accounts with Peachtree in the first 6 months and Fact system during the final 6 months. Installed Exactlly ERP in 2016 due to the Fact System being too costly to maintain. Drove process improvements and prepared the firm’s annual budget by Business Unit. Collaborated with legal counsel on legal action taken against customers delinquent in outstanding bills.  Liaised with the external auditor, company secretary, and Tax agent on various company matters.

Singapore

In this 3-month contracted position, I reported directly to the Managing Partner of a global law firm specializing in global tax and legal advice on cross border transactions.Contribution Highlights:Accounts & Finance Functions: Submitted invoices to clients and processed vendor payments.  Tracked cash flow and full sets of accounts for 4 companies. Furnished the quarterly GST submission.Administration & HR Functions:  Processed payroll for staff, including CPF arrangement.  Streamlined customer payroll and coordinated the IR8A for personnel and clients.

Kwun Tong, Hong Kong

Finance & Admin Manager (Mar 2012 to Oct 2014)Accountant (Jul 2011 to Mar 2012)Here, I was promoted from Accountant to Finance/Admin Manager at a garment manufacturing company known brands such as Joe Fresh, Celio, Liu Jo, DKNY, and Club 21. I managed 5 team members at the Hong Kong site and 3 accountants in Cambodia under the direction of the Business Development Director.Contribution Highlights:Accounts & Finance Activities:  Steered cash flow and the funding arrangement with bankers. Provided monthly management reports for the Hong Kong location.  Reviewed the monthly report, cash flow, and the company’s guidelines on tax declaration for 3 subsidiaries (factories) in Cambodia. Assisted the year-end close, furnished statutory accounts, and engaged with the auditor on related matters.  Deployed and tested ERP systems and spearheaded data migration from Peachtree to Accpac system. Planned business travel quarterly to Cambodia to meet with management teams.  Cleared the company backlog/accounts and conducted an audit for Financial Year 2011 by re-entering into the new system. Launched a new charts of accounts and cost/profit center reporting for the group.  Changed reporting currency from HKD to USD. Audited Cambodia’s factory accounts and the company’s consolidation reports for the first time ever during the Fiscal Year 2013. Opened new bank accounts in Singapore for payroll purposes cutting TT expenses.Administration & HR Operations:  Analyzed HR policies and generated the personnel handbook.  Coordinated payroll for expatriate, encompassing CPF arrangement.  Modified the payroll process from Excel to Peachtree. Provided consultation on HR issues.

Singapore

In my next role, I reported to the Finance Director at a Cargo handling equipment company.Contribution Highlights: Maintained the required month end journals and ensured accounts were closed in a precise and timely manner monthly. Managed the Fixed Asset Registrar and AR/AP processes. Chaired the monthly AR Meeting and customer follow up to collect debts rapidly. Reconciled and verified inter-company balances and prepared monthly netting payments. Administered daily cash flow balances and updated the monthly cash flow projection. Prepared exposure reporting mandated by headquarters and performed hedging per exposure reporting. Modified accounts schedules monthly and year end audit schedules for the auditing team. Provided withholding tax submission to IRAS. Controlled the increase of Debit Notes, Credit Notes, and Commission Credit Notes. Verified and processed expenses claims. Computed and paid machines’ sales commission for the sales department and marketing team. Prepared quarterly GST returns and assisted with the year-end closing. Liaised with auditors, tax agents, and bankers. Furnished statutory accounts and interacted with the auditor on all related issues.  Completed a survey form mandated by the Statistical Department. Prepared the monthly management reporting and the consolidation report for statutory report purposes. Utilized iScala for transactions and Hyperion for management reports, subsequently switching to HFM. Earned the Best Employee Award in 2008. Appointed to oversee management reporting for the Hiab and business units on an interim basis after the Finance Director exited the organization.

Singapore

In the 2006, I accepted a new position as Assistant Accountant at a Media and Retail firm. Contribution Highlights: Reported to the Country Manager on Operations issues and reported to the Finance Manager on accounts and finance matters. Supervised the admin and accounts department for the Singapore Office and coordinated yearly Stock Take and inventory control. Provided the weekly Rolling Budget and Flash Report, as well as the monthly Business Plan and Performance Meeting Report to Malaysia Headquarters. Maintained the Fixed Assets Registrar and reconciled variances on debtors aging factored to IFS. Reconciled Accruals and additional creditor accounts. Monitored the Cash Debtors Account to secure payment received in a timely manner by the Sales Executive. Engaged with the Internal and External Auditor during the annual Audit, Tax Agent during the yearly Tax Assessment, Lawyer, Company Secretary, and IT unit in the Malaysia Headquarters.

Loyang, Singapore

Soon after earning my Bachelor of Commerce in Accounting & Business Management from the University Of Tasmania, I received my first major career opportunity at an Italian-based MNC company specializing in selling inverters for industrial application, domestic lift, and converters.Contribution Highlights: Accounting Functions: Maintained the GL, the monthly P&L Statement, and Trial Balance Sheet. Furnished Order Reports weekly and Operating/Quarterly Subsidiary Reports monthly for SIEI SpA. Conducted bank reconciliation with multiple currencies. Managed the AP/AR process and prepared Disbursements & Sales Invoices. Supervised the Fixed Asset Register and coordinated Quarterly GST Returns and Submission to the IRAS. Partnered with the Tax Agent on annual Company Income Tax Return. Financial Functions: Exercised Operational Cost Control policies and supported the company’s Director/Manager in Monthly Cashflow Management and Fund Transfer, along with the coordination of annual Budgets & Cashflow. Provided Financial Analysis & Reporting to the Director/Manager and SIEI SpA. Prepared Business Analysis by Product, territory, Affiliate, and Pricing. Supported SIEI Drives (Shanghai. Logistics & Administrations: Streamlined Order & Delivery Confirmation to affiliates and clients. Supervised the procurement and follow up of SIEI Products, Goods, and Services. Arranged and corresponded with Freight Forwarding and prepared monthly Stock Updates. Provided support to warranty and Exchange programs and managed the forecasting of orders to SIEI SpA and SIEI Shanghai. Administered the yearly stock taking and audit. Liaised with the company secretary and lawyer. Revalued Financial reporting currency from SGD to USD.

Certification In Data Analytics

Activities and Societies: ISCA Collaboration with Singapore University of Social Sciences (SUSS)

Cpa Program, Accounting And Business/Management

Bachelor Of Commerce (B.Com.), Accounting And Business/Management