Feng (Patrick) Wan Email & Phone Number

Sydney, Nsw, Au

St Leonards, New South Wales, Australia

Aspen Pharmacare Australia is an entrepreneurial driven company which seeks to identify and bring to market drugs in specialist areas that are overlooked by the multinational pharmaceutical industry.Responsibilities● Prepared annual budget and quarterly forecast for the company at SKU & brand level in line with overall company strategy – All P&L and BS accounts (GP by SKU, Direct Cost by brand, OPEX, Interco Recharge, Below EBITDA, BS).● Prepared monthly management reports – P&L, OPEX details, Revenue & GP by SKU and Brand. analysing and providing key insights on variances against budget and prior years.● Undertook monthly financial analysis for Top brands by Net Sales, Profit margin and trend in ASP, RPU, CPU.● Performed customer profitability analysis to support strategic business decisions and improve operational efficiency.● Reviewed reconciliations at month end to update financial statement model for budgeting and forecasting.● Prepared daily sales report by divisions/brand/SKU and comparison with FCT, BUD, PY.● Developed models to assist in forecasting, budgeting process, compare business performance against budgets, forecasts, prior year data and give explanations.● Liaised with divisional heads to prepare cost centre budgets and supporting to understand variances against actuals.● Liaised with commercial teams on updating sales units, selling price, and rebates.● Liaised with supply chain and manufacturing dept on managing COGS update and analysis.● Liaised with financial accountants on managing working capital update and analysis.● Liaised with head office in South Africa on integrating local affiliates financials through online portal and resolving group reporting issues on BUD, FCT, and ACT.● Created models and templates, improving reporting quality and efficiency● Analysed key financial data and responded to queries on sales, rebates, cogs, stock, pricing, and other business drivers● Delivered ad hoc project work i.e., audit/tax/coaching

Lidcombe, New South Wales, Australia

Nick Scali Limited is a publicly listed Australian company that imports and retails furniture such as lounges, dining tables, coffee tables, chairs, and entertainment units. It was founded in 1962 by Nick D. Scali. Responsibilities Financial Accounting Daily:● Cash flow forecasting in local and foreign currencies● Prepared all balance sheet accounts reconciliations and problem solving● Updated high volume fixed asset register and run month end depreciation and balance sheet reconciliations.Financial Accounting Month End:● Prepared end of month journals (accrual, prepayment, adjusting Journals, etc.)● P&L accounts variance analysis and problem solving● Prepared and lodged BAS, GST, PAYG, Payroll tax, and part of Income tax.Financial Accounting Half-year and Annual:● Hedge fund accounting in USD and € (Effectiveness testing, half-year Gain & Loss recognition) ● Complete fixed asset statutory tax requirements ● Assisted in the preparation of financial statements and reports● Internal and external auditing. Management Accounting:● Reviewed and updated lease contracts for all 40 stores to ensure rent payment met contractual terms● Prepared lease property accounts forecast and budget for current and future leasing cost store by store● Conducted sales KPI modeling, monitoring and problem solving ● Participated in tender process on analyzing bidders’ price quotations on top 20 highly used items and evaluating bidders’ supply proposal effectiveness and being a key point of contact between CFO and bidders.Payroll:● Conducted payroll monthly forecasting and weekly variance analysis● Salesman commission, bonus calculations and payment administration; answering queries from staff● Managed store roster and timesheets by liaising with non-financial individuals (5 state managers and 40 store managers) nationwide to ensure the relevance and accuracy of information received.

Botany, New South Wales, Australia

Financial Accounting Daily:● Cash flow monitoring & forecasting for multiple entities● Manage internal loan & contribution with Company Treasury based in HK ● Reconcile bank accounts in local & foreign currencies● Reconcile balance sheet accounts Financial Accounting Month End:● Consolidate trial balances in different accounting systems● Produce end of month journals (payroll journals, prepayment, Capex, accrual journals, recurring journals, etc.)● P/L accounts variance analysis● Fixed assets register maintenance and reconciliation for multiple entities● Manage lease payments for multiple entities● Inter-company recharge and reconciliation● GST preparation and lodgment for entities based in Australia and NZDuties as Required:● Internal and external auditing support● KPI report on duty and third partiesAchievements: Earned experience on financial reporting under US GAAP, Familiarised myself with a business environment and procedures; In-depth experience with GL account reconciliation; Advanced Excel skills; Excellent time management and multitasking skills.

Botany, New South Wales, Australia

Process EFT Payments: ● Checking invoice, purchase order, RFA, TRF etc.)● Coding invoices with GL accounts, cost centre and GST ● Processing EFT payments online● Dispatch remittance advice and payment notifications Process Cheque Payments:● Petty cash, telephone & utility bills● Process payment refund Manage Employee Reimbursement:● Verifying receipts, invoices and authorizations● Company credit card payments and reconciliation● Process employee reimbursement via EFTCreditors Maintenance:● Set up new creditors and update information● Reconcile creditors statements and resolve outstanding Invoice issueAchievements: Proficient high volume invoice processing; Strong communication skills dealing with external creditors; Problem solving.

Education record

Membership number: 9322995

Master Of Commerce, Professional Accounting

Master Of Business, International Business