Chief Financial Officer
Singapore, Singapore, Sg
Founded in 1981, Beyonics is an Asian-based manufacturing, private equity invested company, specializing in aluminum diecasting, plastic injection molding, printed circuit board assembly, and stamping processes for Advanced Precision Engineering, Advanced Manufacturing Solutions., and Life Science Applications. Industry focus includes Healthcare, Automotive, and IoT Technology Markets. The majority of its 1.2 million square feet of precision manufacturing space is located in Singapore and Malaysia, with additional manufacturing sites in Thailand & China.As the Group CFO and member of the Board of Directors and the Audit Committee, oversee 6 direct reports (VP Finance, Corporate Controller, Head of Treasury, Head of Internal Audit, Chief Information Officer & VP HR) and 142 total employees along with the entire groups budget of $280M USD. Primary responsibilities include Accounting/Reporting, Tax, Internal Audit, IT, Treasury, and Human Resources. During my tenure as CFO, Net Income went from negative to positive and EBITDA increased 6X. In addition, currently the key company liaison between the Private Equity Owner and the Company.Developed and drove the entire annual planning process setting the overall parameters with input from the CEO and then the sites and key functions. In addition, facilitate the due diligence of potential buyers and participate in management presentations. Successfully developed the business case and implementation of the full suite of the cloud version of Oracle Fusion, introduced full standard costing to the group, and implemented additional modules for e-procurement, supply planning, and warehouse management. Outside of Oracle, we also implemented a freight management system and moved our payroll systems into the cloud. In addition, negotiated and closed multiple separate bank financings for the group. 2019, 2020, 2021, and 2022 that included revolving credit facilities, invoice financing facilities, and bank guarantee facilities.