Peter Au Email & Phone Number

Sydney, New South Wales, Australia

Sydney, New South Wales, Australia

Sydney, New South Wales, Australia

Parramatta

End to End financial accounting for IT division in CBA. Payment of major IT vendors. Led three accounting officers.Key Achievements:• Stream lined payment process for IT vendors (budget of $1.5B) which reduced rework and processing time from 3 to 2 days per month. • Reviewed invoice processing efficiencies in partnership with internal and external stakeholders which achieved compliance with payment terms.• Initiated the reduction of month end accruals by eliminating expenses in consultation with business partners which improved General Ledger integrity.• Implemented new systems including IT Recharge Validation Tool (received CEO award), ARIBA on Demand and Application Services Providers Database within budget and on time.

Sydney, Australia

Led three accounting officers. Balance Sheet reconciliations of system generated accounts. General accounting duties for International Finance Services. Ran Bank wide Tax Engine. Tax Lodgements for Wealth Management division. Prepared budget for Financial Operations.Key Achievements:• Consistently achieved timely monthly lodgment of Reconciliation Report for over 100,000 balance sheet accounts.• Minimised unreconciled and unclear items for balance sheet accounts through effective partnering with stakeholders.• Achieved timely clearing of Master Card expenses from PeopleSoft expense module.• Lodged and paid taxes to relevant tax authorities on time.• Reviewed period end financial entries to ensure General Ledger was accurate and maintained integrity.• Analysed Finance Services actual expenses vs. budget and provided insights which informed senior management decision making.

Sydney, Australia

Prepared management and ad hoc reports on Balance Sheet reconciliation related issues for Investment and Insurance Services division.Key Achievements:• Timely and accurate production of monthly management reporting package to Board on balance sheet related issues.• Reduced number of balance sheet accounts without reconcilers from 3,000 to 300.• Built good working relationship with reconcilers and management.• Designed new management report on balance sheet accounts which clarified insights and led to reduction of unreconciled accounts.• Reduced management reporting production time from 4 weeks to 2 weeks.

North Sydney

Maintained Financial Database. Prepared BAS returns. Payroll reconciliations and ad hoc reporting for Management.Key Achievements:• Produced monthly management reporting package to Board and Firm Banker on time.• Lodged monthly and quarterly GST returns on time.• Reconciled payroll accounts.• Produced Half Yearly Management Package for Finance Director.

Sydney, Australia

Legal entity controller responsible for financial accounting, accounts payable and payroll functions. Maintain integrity of the general ledger, monthly management reporting, Statutory Accounting, Regulatory Capital maintenance and transfer pricing.Key Achievements:• Lead accounts payable/payroll department, ensured accuracy and efficiency; trained, and developed two Accounts Payable Clerks.• Brought accounts payable function in-house saving $30k per annum, coordinated a team of four from the NY and HK offices to implement new system.• Upgraded accounts payable system in line with Firm’s global standard, worked with staff from three offshore offices.• Streamlined Firm’s bank accounts reduced bank fees by 20% and increased bank account interest rates.• Managed payroll with an annual budget of approximately $40 million, including liaison with overseas offices in relations to annual bonus payments. • Developed strong relationships with internal and external contacts including senior management.• Liased with colleagues overseas on monthly transfer pricing calculations, ensured timely inter-company payments. • Maintained Regulatory Capital requirements in accordance with Australian Stock Exchange and Sydney Futures Exchange.• Timely lodgment of monthly and quarterly Sydney Futures Exchange returns.• Ensured integrity of a multi-currency general ledger, investigated any anomalies.• Monthly balance sheet reconciliation researching any variances. • Produced monthly management reports to senior management locally and overseas, analysed any discrepancies.• Processed Annual Fringe Benefit Tax returns.• Maintained Fixed Assets Register.• Prepared Annual Statutory Accounts.• Annual lodgments of required returns to Australian Securities and Investments Commission.

Education record

Bachelor Of Arts - Ba, Economics

Graduate Certificate In Accounting, Accounting