Raven Chen

Raven Chen Email and Phone Number

Singapore
Raven Chen's Location
Singapore, Singapore
About Raven Chen

Professional CPA with years of experience in Consolidation, Group Reporting, Budgeting/Forecasting, Project Implementation and Process Improvement.

Raven Chen's Current Company Details
ALIBABA.COM SINGAPORE E-COMMERCE PTE LTD

Alibaba.Com Singapore E-Commerce Pte Ltd

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Finance Manager
Singapore
Raven Chen Work Experience Details
  • Alibaba.Com Singapore E-Commerce Pte Ltd
    Finance Manager
    Alibaba.Com Singapore E-Commerce Pte Ltd
    Singapore
  • Oio Holdings Limited (Stock Code - Sgx : Kux)
    Finance Manager
    Oio Holdings Limited (Stock Code - Sgx : Kux) Mar 2022 - Present
    Singapore
    Hired with responsibility of reporting directly to Group Financial Controller and Executive Director over SGX reporting and all other group financial and management accounts matters including i) group level consolidation of over 8 local and overseas subsidiaries, ii) fund raising planning and execution, and iii) group performance analysis. Headed the goodwill impairment valuation of digital wallet & staking services subsidiaries and liquidation of dormant subsidiaries. Reviewed and proposed changes to Group Finance Policies to strengthen Internal Control and Corporate Governance. Coordinated and ensured timely issuance of External Audit report before SGX reporting deadlines and Internal Audit on compliance issues. Supervised the work of two accounting staffs as well as outsource accounting staffs for some blockchain subsidiaries. Recently supported Group Financial Controller in the fund-raising process and issuance of convertible notes to investor which concluded in December 2022.Achievements Group Consolidation: Responsible for consolidation of over 8 local and overseas entities for audit, quarterly/half-yearly/annual reporting to SGX Fund-raising: Supported Group Financial Controller in the fund-raising exercise and issuance of convertible notes to investor, Liaised with Lawyer on the drafting of the subscription agreement. Internal Audit and Compliance: Liaise with independent internal auditors on the internal audit process for critical subsidiaries and implemented proposed recommendation for improvement. Integration of acquired subsidiaries: Reinforce the Finance integration process of acquired subsidiaries to ensure strict compliance to the Group policies and processes. Further tightened the control over these acquired subsidiaries.
  • Teckwah Industrial Corporation Pte Ltd
    Finance Manager
    Teckwah Industrial Corporation Pte Ltd Apr 2015 - Mar 2022
    Singapore
    Reported directly to Finance Director and Executive Director over SGX reporting and all other group financial matters including i) group level consolidation of over 27 local and overseas subsidiaries and joint ventures, ii) semi-annual budget/forecast exercise planning and execution, and iii) group performance analysis. Headed integration process of new subsidiaries acquired and implement SFRS(I) changes for the group as well as Group reporting pack for reporting. Reviewed and implemented Group Finance Policies to strengthen Internal Control and Corporate Governance. Coordinated and ensured timely issuance of External Audit report before SGX reporting deadlines and Internal Audit on compliance issues. Supervised the work of local and off-shore accounting staffs . Supported Finance Director in the privatization process of the Group in 2020.Achievements Group Consolidation: Responsible for the consolidation of over 27 local and overseas entities for audit, quarterly/half-yearly/annual reporting Privatisation: Supported Finance Director in the delisting of the Group. Liaised with IFA and Lawyer on drafting of the valuation report and Offeree Circular to Shareholders. Coordinated with bankers on funding required and drafting of Loan agreement. System Implementation: Implemented new software such as i) Leases software for SFRS(I) 16 Leases, ii) AP Workflow Solution Management, iii) Group Consolidation software for consolidation process. Key benefits achieved include higher workforce productivity, increased data accuracy, and more streamlined processes. Internal Audit and Compliance: Conducted IA for oversea subsidiaries and proposed recommendation for improvement. Improved internal control for entities under my portfolio. Acquisition and Integration: Headed the Finance integration process of new subsidiaries after acquisition. The integration process includes the alignment of group policies, consolidation reporting pack, bank authorisation mandates, etc.
  • Sakae Holdings
    Accountant
    Sakae Holdings Oct 2013 - Dec 2014
    Tai Seng, Singapore
    • Responsible for group account consolidation for all local and overseas entities• Managed and ensured timely closing by GL team members for reporting• Increase productivity of AP team by 25% through recommendation and implementation of new OCR system • Handled flawlessly the cash-flow of the Singapore operation for HQ and 40 over F&B outlets• Liaised with auditors to address and resolve audit issues resulting in successful conclusion of audit process
  • Hult International Business School
    Mba Graduate 2013
    Hult International Business School Aug 2012 - Aug 2013
    Greater Boston Area, Shanghai
    Coursework concentrated on leadership and finance
  • Procter & Gamble (Hult International Business School Action Project)
    Action Project Associate
    Procter & Gamble (Hult International Business School Action Project) May 2013 - Jun 2013
    Shanghai City, China
    • 6 weeks project to help P&G identify innovative growth opportunity in Greater China• Analyzed and transform data into meaningful insights in the FMCG market• Identified alternative opportunities that adds potential value to client’s core business• Presented the project findings and suggestions to the project client• Acquired deeper understanding about the China’s potential future growth and going concern• Worked cohesively with a team of international MBA students (Russia, USA, Norway, Venezuela)• Delivered impressive results to client and was ranked 2nd place of five
  • Apac Investment Management Private Limited
    Accountant / Finance Manager Reporting To Company Md
    Apac Investment Management Private Limited Sep 2010 - Jul 2012
    Singapore
    • Increased net profit for fiscal year 2012 by 50% through identification of leasing commission overlooked during transition between Finance Managers in 2010• Secured additional tax deductible, equivalent to 30% of net income, from technological assets replacement utilizing Productivity and Innovation Credit Scheme launched by Singapore Government• Liaised with auditors to address and resolve audit issues resulting in successful conclusion of audit process• Maintained the company’s full set of accounts, including GST filing, Debtors and Creditors management, profitability and Cash-flow, and presented monthly financial statements to Managing Directors• Cleared all company accounts’ discrepancies by tracking all transaction dating back to 2007• Coordinated with company tax agent ensuring tax filing was done within regulatory deadline
  • Suntec Real Estate Investment Trust
    Accountant / Acting Finance Manager (Reit Reporting)
    Suntec Real Estate Investment Trust Sep 2010 - Jun 2012
    Singapore
    • Led consecutively two years of budgeting exercise for the two properties under management and finalized budget report to REIT Senior Finance Manager within stipulated timeline facilitating operational planning for next fiscal year• Presented monthly financial performance and variance analysis explanations to REIT Board of Directors• Collaborated with KPMG & BDO auditors to address and resolve internal audit issues prior to SGX quarterly financial performance publication• Managed and oversee a portfolio of two properties’ financial accounts for Park Mall and Chijmes• Delivered satisfactory quarterly GST filing reports, with all anomalies identified, to REIT Assistant Finance Manager• Covered for all finance manager duties when Manager was on one month marriage leave and maintaining deliverables standard• Cleared 80% of prior years’ badlock account for both properties dating back to 2005 within a months• Facilitated successful handing over financials and accounting books to buyer Finance team during Chijmes divestment• Assessed revenue opportunities with marketing manager maximizing property revenues by 5%• Mastered BIOs accounting system within two days into commencement of employment
  • Praise The Lord Accounting Services
    Associate – Advisory & Audit
    Praise The Lord Accounting Services Sep 2009 - Aug 2010
    Singapore
    • Oversaw a portfolio of 11 accounting & audit clients, contributing to 10% of the firm’s total revenue.• Trained and supervised five new staffs and improved proficiency in accounting leading to higher quality services to clients• Initiated discussion and follow-up with management into diversifying offerings to include management consulting services resulting in new consulting engagement amounting to 2% of the firm’s total revenue• Selected to represent the firm during “Big Four” review of corporate audit practice leading to successful conclusion of review• Improved debtor aging by 30% upon taking over of one client’s account• Increased client retention by 5% through improved communication strategies and delivery of services

Raven Chen Skills

Finance Financial Analysis Corporate Finance Strategy Mergers And Acquisitions Budgets Financial Reporting Management Financial Modeling Leadership Business Analysis Portfolio Management Business Valuation Business Strategy Managerial Finance Real Estate Economics Office 2010 Divestitures Acquisitions Property Management Market Research Business Development Analysis Competitive Analysis Real Estate Finance Weight Loss Coaching Tremendous Weight Loss

Raven Chen Education Details

Frequently Asked Questions about Raven Chen

What company does Raven Chen work for?

Raven Chen works for Alibaba.com Singapore E-Commerce Pte Ltd

What is Raven Chen's role at the current company?

Raven Chen's current role is Finance Manager.

What schools did Raven Chen attend?

Raven Chen attended Cpa Australia, Hult International Business School, University Of London, Ngee Ann Polytechnic, Cpa Australia.

What are some of Raven Chen's interests?

Raven Chen has interest in Leadership, Corporate Finance, Management And Financial Accounting, Business Process Improvement.

What skills is Raven Chen known for?

Raven Chen has skills like Finance, Financial Analysis, Corporate Finance, Strategy, Mergers And Acquisitions, Budgets, Financial Reporting, Management, Financial Modeling, Leadership, Business Analysis, Portfolio Management.

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