Mac Liang Email & Phone Number

Shanghai

Experience: operational due diligence, financial due diligence, budgeting and modeling, cross-boarder M&A, post-merger integration, performance improvement, interim CFO, interim general manager, restructuring, crisis management and turnaroundIndustry: retail, manufacturing, F&B, real estate

Shanghai City, China

Work as Vice President of Loan Management Unit to manage the corporate NPL portfolio of HSBC China.

Shanghai

Receivership of a HK company by taking over its 3 real estate subsidiaries in mainland China.- Liaise among 3rd party agencies and goverment authorities regarding the receivership;- Day-to-day monitoring of the companies;- Prepare teasers and other presentation materials;- Deal Size: ~1.2bn RMB.Built financial models and provided negotiation support for the asset disposal of an A-share listed company.- Prepare financial models;- Perform cenario analysis and calculate the breakeven point;- Propose the deal structure and prepare memo;- Deal size: ~1.5bn RMBPerformed financial due diligence investigation and make financial models on targets of different industries including IT service, manufacturing and modern distribution to support their restructuring and M&A decision.- Internal control review;- B/S and P/L analysis;- Draft reports on key issues and their impacts.Provided insolvency advisory for various clients to avoid liquidation.- Perform high-level financial review and interview to understand the current situation.- Identify the business to be disposed and business to be strengthened.- Work out a financial forecast of the following years and estimate the repayment ability.- Approach potential investors to see if they are willing to invest the companies for a lower price.- Negotiate with creditors to seek their support on the hair-cut proposal and restructuring plan.Assisted the provisional liquidators of a HKSE-listed catering company for its resumption.- Perform the financial analysis, cash flow analysis and financial forecast.- Prepare teasers and presentation materials for the potential investors.- Monitor the business of the company on a day-to-day basis.- Negotiate with the creditors to persuade them into a hair-cut proposal or delayed repayments.

Worked on over 15 engagements covering a large variety of industries, including financial institutions,semiconductor companies, large manufacturers, healthcare providers and hotel chains.Selected Working Experience:1. Core member of the service team to Shanghai SASAC by developing the financial risk forecast methodology and setting up the KRI to reflect the risk of all companies in scope.2. Provided risk management to many clients by identifying the key risk and making remediation plans.3. Performed attestation in accordance with Sarbanes-Oxley Act for 4 clients- Performed walkthrough and operation effectiveness testing on most business cycles including treasury, financial reporting, inventory, expenditure, revenue, payroll, ESOP, FA, etc.4. Internal audit support for 3 companies- Outsourced to 3 companies in different industries including hi-tech, manufactory and food & beverage industry to support their local internal audit function.- Helped to reconcile the revenue of different subsidiaries and OEMs.- Performed internal audit based on the internal control requirements of the clients.5. Establishing the framework of internal control for a 1st tier steel mill and a HK-listed mining company in China.- Designed the risk assessment questionnaire and performed the risk assessment on both the client and the steel industry.- Examined the existing control activities and identified control deficiencies on treasury, derivatives, construction-in-progress, fixed assets and intangible assets.- Drafted the internal control manual for the corresponding business processes.

Bachelor, Financial Management

Education record