Procure Accounting is a Melbourne-based management accounting firm that provides a full range of management accounting services from accounts management to CFO advisory.

Security Technology Australia Pty. Ltd. is an independent electronic security installation and service provider founded in 2017. We provide an end-to-end electronic security installation services to both the commercial and residential.

Recruited by Managing Director to administer operations of accounting department as well as produce and analyse Management Reports for Eleuthera Group and its associates as well as external clients. Leading the month end processing, balance sheet reconciliation, budgeting and forecasting, weekly cash flow management, payroll, ATO compliance, and managing a finance team effectively.Achievements:• Working closely with the CFO and CEO to record and analyse of all merger and acquisition activities back to 2-3 years ago.• Successfully prepared consolidation of annual statutory accounts for an ASX listed Company from 2012 up to last quarter 2014 within a short period of time.• Involved in transition of acquired companies, including reconcile opening balances to bring acquired company onto the book and prepare all necessary lodgements with ATO & ASIC.• Successfully managed 5 portfolios by providing management reports and its analysis in timely manner.

Recruited by the Director to rescue this concreting company from deprivation and take it to the next level. With full accountability for all finance areas of the company, implemented cost control, budget compliance, comprehensive job costing, oversaw P&L and Balance Sheet, and addressed financial performance improvement at every level of the organisation. Introduced new accounting and financial reporting processes, and implemented Xero to streamline many accounting processes. Achievements:• Introduced and implemented an aggressive internal change on business expenses by cutting down the credit card spending and other overhead costs.• Delivered 20% increase in gross profit by revamping job costing method over 3 months.• Reversed negative cash flow and restored to positive cash position within 4 months by revaluate the sales pricing charged to customers.• Reversed $70K loss to $105K net profit within 4 months.• Successfully migrated to Xero (Cloud Accounting Software) which automates many accounting process.

Recruited by Managing Director to administer all accounting functions within the company and assist him in non-financial related activities. Scope of responsibilities spanned across all core financial management with particular emphasis on preparation and analysis of monthly Financial Statement, depreciation, Group consolidations, multi currency transactions, and ATO Compliance, such as BAS return, FBT return, and PAYG.Achievements: • Reconciled two years of financial data which was left unresolved by previous bookkeeper. As well as restructured accounts payable and GL functions in order to provide timely financial reports.• Produced yearly budget report and assisted Managing Director in using the report to achieve the profit target.• Successfully finalised the monthly financial reports for both Australia & New Zealand in timely manner, 15th of every month.• Reviewed fringe benefit to employees, identified key missing elements, implement new salary sacrifice and log book method, and planned costs reduced by 10%• Introduced and implemented Motor Vehicle Asset Register to control and reduce costs.• Successfully managed payroll of 35-40 staff across Australian States and New Zealand.• Became an Excel expert and trouble-shooter within the company, assisted marketing department in streamlining their excel run sheet.• Assisted Managing Director in Human Resources duties, such as preparing new employee contracts, maintaining employee files, and HR filing system.• Coordinated year end review with external accountant for Company Tax Return.

In charge of handling overseas agencies bookkeeping and processed them into financial system, audited and investigated any abnormal costs, performed weekly cash flow forecasting, accounting foreign exchange transactions, and monthly reconciliation of GL accounts. Effectively reinforced overseas agents to follow the agency agreement and assisted them in submitting monthly report to principal. Submitted month end reports in timely manner, including cash flow report and general ledger reconciliation report, and reviewed weekly agent status report.Achievements: • Demonstrated flexibility to learn new systems quickly.• Exceeded expectations by always delivering monthly reports on time, including outstanding freight and disbursement accounts, cash flow report, inter-company reports and reconciliations for Group consolidation.• Improved relationship with overseas agencies by extensive communication to diminish language barrier and misunderstanding.• Effectively managed 15 agencies with monthly revenue of $2 million and built productivity and quality of reports submitted by agents, reduced abnormal costs, and built good communication between principal and agents.

Responsible for daily accounts payable processing, including managed invoices and payment processing for approximately $1.5 million in bi-monthly cheque run, entered and paid invoices through Timberline financial software, reconciled vendor statements and researched variances, assisted in cash flow forecasting.Achievements:• Successfully processed up to 250 invoices daily.• Contributed to the business development processes and system improvement initiatives through CPA Mentoring Program.• Appointed by finance manager to work in both accounts payable and accounts receivable to enhance the accounting skills.• Resolved transactions and invoice issues dating back of 2005 that were processed incorrectly, due to data entry errors.