Derrick Ng Email & Phone Number

Singapore

Singapore

Leading both the Record to Report (R2R) and Procure to Pay (P2P) workstreams in a transformation project, enabled by SAP S/4HANA. My primary objective is to elevate efficiency, effectiveness, and insightful analytics through a strategic combination of SAP functionalities, process redesign, and non-S4 automation.

Singapore

- Lead global team of 9 together with 150 service provider staff in driving end-to-end performance and transformation of three BPO towers (RTR, PTP and OTC) to new outsourced model, and ensuring stability of operations; business owner for corporate automation strategy.- Design, develop and implement automation and digitalization solutions while managing delivery of outsource service provider.- Deliver high level of operational performance through people and process, with objective of… Show more - Lead global team of 9 together with 150 service provider staff in driving end-to-end performance and transformation of three BPO towers (RTR, PTP and OTC) to new outsourced model, and ensuring stability of operations; business owner for corporate automation strategy.- Design, develop and implement automation and digitalization solutions while managing delivery of outsource service provider.- Deliver high level of operational performance through people and process, with objective of achieving transparency, new data points to enable better decision making, and higher levels of efficiency with speedier processing.Core responsibilities:- Planning and strategy- Business process transformation- Outsourcing- Automation- Digitalization - Operations management- Team management- Training, coaching & mentoring- Project management - Stakeholder engagement- Cross-functional team leadership- Talent developmentAchievements:- Designed GBS vision and transformation road map, and its integration into corporate long-term aspiration, including setting up process for S/4HANA design, development and implementation. Led development and implementation of corporate automation strategy.- Stabilized operations for all three BPO towers, including building sustainable governance system with outsource service provider.- New outsourced model successfully went live for 15 markets globally, resulting in significant cost savings. Process data model now utilized to achieve transparency and drive efficiency. Show less

- Led all finance functions globally, managing team of 10 global Finance Managers, including Global Finance Shared Service Centre, ensuring that Finance function performed and delivered at optimum.- Built business relationships, partnering with business heads in decision making and reinforcing Finance as a vital business partner to the functions.- Worked with business on decision processes, including decisions on investments, divestment, customer/supplier collaboration and new market… Show more - Led all finance functions globally, managing team of 10 global Finance Managers, including Global Finance Shared Service Centre, ensuring that Finance function performed and delivered at optimum.- Built business relationships, partnering with business heads in decision making and reinforcing Finance as a vital business partner to the functions.- Worked with business on decision processes, including decisions on investments, divestment, customer/supplier collaboration and new market entry.Core responsibilities:- Strategy & planning- Finance management- Financial controls- Shared service centre management- Business partnership- Project management- Cross functional team management- Stakeholder engagementAchievements:- Turned around company’s entire global financial operations function to a robust function recognized by business heads as a game changer and an essential partner at the business decision making table. - Implemented rigorous governance structure to strengthen and align performance among affiliates within and across regions; developed and implemented road map to reinforce value proposition of Finance within organization.- Stabilized and improved global Finance KPIs, including Global Finance Shared Service Centre, with near flawless error rate at month-end close achieved since 2016.- Set up new entities and built business operations in China and India from scratch, while at the same time, advising business/function heads on regulatory requirements, tax implications for their manufacturing facilities and staffing. Show less

- Managed Finance operations for Asia Pacific, and centralised activities for global Finance delivered through Global Shared Service Centre’s General Accounting and Payables team.- Project Manager and Lead Receiver for consolidation of payables and general accounting activities for set up of Global Finance Shared Service Centre, including re-design of business process, establishing KPIs, coordination, communication, recruitment, knowledge transfer, transition planning, change management and… Show more - Managed Finance operations for Asia Pacific, and centralised activities for global Finance delivered through Global Shared Service Centre’s General Accounting and Payables team.- Project Manager and Lead Receiver for consolidation of payables and general accounting activities for set up of Global Finance Shared Service Centre, including re-design of business process, establishing KPIs, coordination, communication, recruitment, knowledge transfer, transition planning, change management and implementation.Core responsibilities:- Finance management- Shared Service Centre management- Centralization & offshoring- Business process transformation- Change management- Recruitment- Project management- Stakeholder engagementAchievements:- Achieved significant annual fixed cost savings with successful setup of Global Finance Shared Service Centre in Singapore, within time schedule and budget. - Shared Service Centre achieved pre-transition KPI in global General Accounting within 3 months post go-live. Global Payables achieved pre-transition KPI in 1.5 years.- Secured major resource savings in General Accounting through improvements in key processes within 3 months post go-live. Further benefits identified through significant improvement opportunities on the migrated processes within 3 months post go-live.- Resource stability in Global Shared Service Centre reached through both process and structural redesign, in particular, bringing in the right staffing talent with required problem solving skill set.- Achieved major Procure-to-Pay end-to-end process streamlining through collaboration with Procurement’s leadership, resulting in on-time payments improving from 80% to 93%. Show less

- Managed Finance operations of all affiliates within Asia Pacific, including general accounting, accounts payable, tax, treasury, risk management; oversaw setup of Finance operations for new Infineum affiliate in China.- Member of Board of Directors for two Infineum China JVs, leading stewardship of operations with an annual combined turnover of US$100M.- Site Manager for Infineum Singapore Office (Business & Technology Centre), a regional hub housing 100 staff, from Jan 2009 to Jun… Show more - Managed Finance operations of all affiliates within Asia Pacific, including general accounting, accounts payable, tax, treasury, risk management; oversaw setup of Finance operations for new Infineum affiliate in China.- Member of Board of Directors for two Infineum China JVs, leading stewardship of operations with an annual combined turnover of US$100M.- Site Manager for Infineum Singapore Office (Business & Technology Centre), a regional hub housing 100 staff, from Jan 2009 to Jun 2010.Core responsibilities:- Financial operations management- Project management- Market expansion & operations set-up- Operations management- Site management- Stakeholder engagement- Board stewardshipAchievements:- Secured annual fixed cost savings through successful in-housing of entire outsourced Asia Pacific accounting activities back into Finance function in 2006; continued to maintain strong KPI performance for all Finance indicators in Asia Pacific, leading to decision to establish the global Shared Service Centre in Singapore.- Effectively managed issues and correspondences with tax authorities in Singapore, Japan, Australia and Korea to address all issues and queries; no major penalties have been incurred by these affiliates in the last 10 years.- Led efforts to engage with EDB and IRAS on various incentives; instrumental in success of a key incentive gaining global support for the largest capex investment then by Infineum. Show less

Master Of Business Administration

Bachelor Of Accountancy, Accountancy

Activities and Societies: Chairman Ballroom Dance Academy, Guitar Ensemble, Hall 5 Drama