Sopheara Chuong Cpa, Cma Email & Phone Number

Supporting the financial operations of Volker Stevin Canada and its diverse yet related group of companies, the Credit and Cash Manager will have a dotted line leadership role to subsidiary collections individuals to ensure credit risk and collects accounts are effectively managed to maximize the profitability and cash flow of the companies.

Finance and Treasury Consulting - Black Diamond Group 2018Finance and Treasury Consulting - Veresen Inc. 2015- 2017Developed and manage treasury operations with a view to creating a high performing treasury function. The goal is to standardize processes and develop, enhance and monitor all treasury activities within the organization. This involves the application of various cash management strategies to uncover efficiency and reduce the cost structure while providing a reliable foundation for planned growth of the organization. Responsibilities include cash forecasting, currency and interest rate management, corporate credit card administration and banking relationship management.Management and Financial Consulting - Private CompanyAs a consultant to the executive team, the primary responsibility was for planning, implementing, managing and controlling all financial-related activities of the company. This will includes oversight the general activities in accounting, tax, finance, strategic planning, job costing and providing advice on the financial implications of business activities. Formulated and recommended strategy for disposition of non-core asset to align with strategic direction of the company. Subsequent to asset disposition, the company received an unsolicited offer. Provided supporting economic and financial analysis to demonstrate the potential returns from the companies focused activities. Company and asset disposition activities generated a return to the partners that were significantly more than expected, enterprise valuations was enhanced and highlighted to allow full value realization.

As treasurer of a developing entity, my task was to leverage the capabilities of the financial accounting team and create an efficient treasury department to manage a large capital project. During this time, a Treasury Management System was implemented and the infrastructure to manage treasury functions efficiently and effectively was completed. The cost of the project is currently at $8.5-billion; the North West refinery is designed to produce diesel fuel.

Design and implement the cash management function for the ATCO Group. The goal was to standardize processes and develop, enhance and monitor all treasury activities within the organization. While leading the corporate cash management group, I coordinated and completed a work flow reallocation with the intent of completing the majority of the treasury activities for the operating companies. The strategy yielded a lower cost structure and more in-depth data for financial reporting, cash forecasting, planning and budget management functions. In addition to the corporate cash management, my group initiated transactions that were beneficial to the shareholders and managed internal dividends through the use of longer term working capital forecasts. With an average investment portfolio over $500M, interest income was increased by $6M annually with a lower risk profile.

Calgary, Canada Area

Reviewed treasury operations and implemented measures to enable immediate cost efficiencyPrepared annual tax returns and tax files for Shell Trading Canada companiesUnderstanding of taxation principles and how they may apply in various tax jurisdictions.

Calgary, Canada Area

As an Investment Analyst, my responsibilities included creating a 12-month rolling cash forecast for the entire organization, managing the Commercial Paper program and investing program. Through creating and developing reliable cash forecasting strategies and methodologies, I was able to enhance my ability to manage the commercial paper in one year and a large investment program the subsequent year. A reliable cash forecast allowed us to extract the maximum value from the $1 Billion investment portfolio and when the $1 Billion Commercial Paper program was required, reducing the interest cost.

Streamlining and a reinvigoration of the accounts payable function. The goal was to standardize processes and focus on efficiency. I was able to develop and champion the streamlining of activities whereby my team would complete the majority of the accounts payable activities in a central location. This yielded higher efficiency and reliable, consistent data for financial reporting and planning functions as well as higher employee engagement. Through altering document workflows and standardized processes, the Calgary office was able to significantly increase invoice volumes and accuracy.

Tax AccountantBusiness AnalystCredit Analyst