Joyce Tan Email & Phone Number

Singapore

Financial Reporting and Analysis:- Review and analyze monthly P&L and Balance Sheets, addressing unusual variances and providing actionable insights. -Prepare and present financial updates, including entity-level reporting, to Financial ControllerBudgeting and Forecasting:- Manage the annual budgeting process, consolidating inputs from all departments and ensuring alignment with financial goals.-Manage bi-monthly and quarterly forecasting processes, reviewing variances… Show more Financial Reporting and Analysis:- Review and analyze monthly P&L and Balance Sheets, addressing unusual variances and providing actionable insights. -Prepare and present financial updates, including entity-level reporting, to Financial ControllerBudgeting and Forecasting:- Manage the annual budgeting process, consolidating inputs from all departments and ensuring alignment with financial goals.-Manage bi-monthly and quarterly forecasting processes, reviewing variances against budgets and year-to-date results.Tax and Audit Compliance:- Oversee annual tax filings, coordinate with tax consultants, and address queries from tax authorities.-Manage external audits by preparing necessary reports, resolving audit queries, and ensuring compliance with reporting standards.Cash Flow Management:-Monitor weekly cash flow balances and maintain updated treasury reporting for strategic financial planning.Team Leadership and Development:- Provide mentorship through regular one-on-one sessions, supporting professional growth and performance improvement.-Redefine team roles and responsibilities to enhance collaboration and operational efficiency.Operational Process Improvements:- Spearhead initiatives to digitalize manual processes (e.g., petty cash) and implement automation in financial workflows. -Collaborate with cross-functional teams to address operational challenges and improve reporting accuracy.Sustainability Reporting and Compliance (CSRD Project Manager):- Coordinate project, including ESRS gap analysis, Envizi implementation, and double materiality assessments. -Prepare and present updates for Project Steering and Sustainability Steering Committees. Show less

a) Supervisory• Manage a finance team of 15 staffs) • Oversees the entire finance operations that includes reviewing of payments, journals, lease computations, GST reporting, audit schedules, financial statements etc• Providing guidance to the team on accounting practices, process flows, internal controls, resolving operational issues and any other ad hoc finance activities• Evaluate on staff performances, set job objectives and plan for staffs’ career… Show more a) Supervisory• Manage a finance team of 15 staffs) • Oversees the entire finance operations that includes reviewing of payments, journals, lease computations, GST reporting, audit schedules, financial statements etc• Providing guidance to the team on accounting practices, process flows, internal controls, resolving operational issues and any other ad hoc finance activities• Evaluate on staff performances, set job objectives and plan for staffs’ career developmentb) Analysis and Reporting• Review monthly financial results and provide analysis by comparing actual against budget, last year's results and providing commentaries on high variances• Prepare monthly financial reports for management review such as overheads analysis, store performance reports, product review reports etc• Prepare weekly cash flows reports with quarterly forecasts and plan for cash requirements through bank financing, intercompany transfers etc• Monitoring of exchange rates and perform hedging of foreign currencies through forward contracts purchase• Manage the year end audit, perform tax computation and prepare annual financial report for statutory reporting• Preparation of yearly budgets by working with other departments on growth projections, trend analysis and cost controlsc) Operations and Processes• Work closely with operations team on any marketing and promotion initiatives that have financial implications on accounting and reporting• Work closely with Logistic department on inventory management such as stock shrinkages, transfers, stock adjustments, cyclical stocktake, NRV of stocks etc• Involvement in system implementation and enhancement processes such as integration of POS and accounting system• Setting of SOP for new processes, follow up to ensure that proper accounting procedures are adhered• Involve in the blueprinting and implementation of SAP and migration of data Show less

Singapore, Singapore

a) General Accounting • Management of the accounts payable team and functions that includes liaising with vendors, vendors creation, reviewing of payments and approving of payment vouchers• Hedging of foreign currencies through UTC Treasury USA• Inventory control with monthly tracking on warehouse inventory and goods in transit and conduct cycle count and year end inventory count to ensure proper inventory accounting• Management of the GL function that includes reviewing and… Show more a) General Accounting • Management of the accounts payable team and functions that includes liaising with vendors, vendors creation, reviewing of payments and approving of payment vouchers• Hedging of foreign currencies through UTC Treasury USA• Inventory control with monthly tracking on warehouse inventory and goods in transit and conduct cycle count and year end inventory count to ensure proper inventory accounting• Management of the GL function that includes reviewing and approving of monthly journal entries, accounts reconciliation and audit schedules• Closing of month end accounts, reviewing of month end financials and uploading of financials onto the Hyperion Financial Reporting system• Provide commentaries on closing month end financials and completion of reporting pack• Support in driving the financials towards forecast with weekly tracking and review of pipeline projects, orders, sales and backlog• Focus on working capital and free cash flow performances and targets by weekly reviewing the receivables, payables and inventory levels• Handling of year end audit, tax related matters and ACA reviews that include Sarbox and control gap assessmentb) Financial Planning and Analysis (FP&A)• Participate in monthly financial planning and forecasting of P&L, working capital and free cash flow• Tracking of orders and sales visibility on a weekly basis and identify possible risks & opportunities• Provide analysis on variances between monthly forecast and initial plan financials for the year• Participate in annual budgeting exercise by working with BU head and sales team on revenue growth and cost planning measures• Provide monthly and quarterly analysis and reports to BU heads on orders, sales and margin analysis by territories, working capital consumption, balanced scorecard by customer and other ad hoc reports c) Others• Participate in system enhancement i.e. JD Edwards such as proper tracking of inventory balance in system and report creation Show less

Singapore

a) Accounts Receivable (AR) Functions•Heading the AR team of the entire organization by overseeing the daily operations that includes reviewing of weekly invoicing, debit/credit note applications and customer collections•Conducting credit assessment for new customers, existing customers with credit terms and limits extension and problematic customers •Handling of problematic customers by working closely with Sales team and making customer visits•Provide monthly analysis AR… Show more a) Accounts Receivable (AR) Functions•Heading the AR team of the entire organization by overseeing the daily operations that includes reviewing of weekly invoicing, debit/credit note applications and customer collections•Conducting credit assessment for new customers, existing customers with credit terms and limits extension and problematic customers •Handling of problematic customers by working closely with Sales team and making customer visits•Provide monthly analysis AR reports to management that includes debtors aging report, collections forecast report, AR provisioning reports etc.•Monthly reviews on long overdues customers and accessing on their collectability and any bad debt provisions required•Liaising with lawyers for bad debt customers which legal actions has being taken against themb) Inventory Control Function•Review aging inventory on a monthly basis by meetings with the Product team to obtain updates on inventory movement and delivery dates•Monitoring of inventory level and accessing inventory obsolescence and write-offc) Cash Flow Functions•Prepare daily cashbook report to management•Manage cash flow through receipts and payment forecasts and placement of fixed deposits with banksd) Closing Accounts Functions•Managing the full sets of accounts for the Malaysia subsidiaries that includes closing of accounts, preparation of audit schedules, financial and management reports and audit •Monthly variance analysis on financial results e) Others•One year experience in the consolidation of accounts, SGX reporting and announcements•Yearly budgeting with discussion with various departments in setting up budgeted figures•Enhancement and automation of workflow using company’s customized ERP system•Other ad hoc projects such as EDB grant submission, setting up of overseas branch offices, reviewing and updating of SOP Show less

Chartered Accountant

Bachelor'S Degree, Accounting

Gce 'A' Levels