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🔹Founder of TCH Advisory Pty Ltd🔹We help business owners concentrate on their core business instead of dealing with finances, administration and compliance🔹Virtual CFO 🔹CPA
Tch Advisory Pty Ltd
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FounderTch Advisory Pty Ltd Jul 2017 - PresentGold Coast, Queensland, Australia🔹We created TCH Advisory Pty Ltd to help business owners concentrate on their core business instead of dealing with finances, compliance and administration🔹Finance Administration Functions including: 🔺Payroll 🔺Accounts Receivable / Accounts Payable 🔺Cash Flow Analysis 🔺Compliance 🔺Financial Reporting and Analysis 🔺Financial Systems Setup 🔺Review and Business Analysis 🔺Efficiency… Show more 🔹We created TCH Advisory Pty Ltd to help business owners concentrate on their core business instead of dealing with finances, compliance and administration🔹Finance Administration Functions including: 🔺Payroll 🔺Accounts Receivable / Accounts Payable 🔺Cash Flow Analysis 🔺Compliance 🔺Financial Reporting and Analysis 🔺Financial Systems Setup 🔺Review and Business Analysis 🔺Efficiency ReviewTestimonials:🔹Mark Johnson (Director of EGM Partners)"Tom has worked with us from start up phase to our current size. He has been instrumental to our growth and success. We have relied on Tom for not only installing the right processes, systems and procedures but also in an advisory capacity.His knowledge and skill set have helped us grow and saved us time and money. We continue to use his services and can't recommend him highly enough."🔹Maria Pedicini (Director of Environmental Projects)"Thomas seamlessly manages the business’ financial matters, from accounts receivable/payable, payroll and tax reporting to detailed financial analysis for operational review and strategic business planning. Thomas’ contribution to the success and growth of the business is truly valued." Show less
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Systems Finance Manager / Group AccountantCcl Label Pty Ltd Dec 2014 - Aug 2019Employed in Two Separate Time PeriodsMarch 2011 - December 2012December 2014 - August 2019• Commercial Analysis and Assistance in Setting of Revenue Standards• Preparation of Monthly Financial Statements for seven entities• Preparation of Budgets• Preparation of Cash Flow Projections• Preparation and Creation of Managerial Reports• Job Costing Analysis and Analysis of Standard Costing Rates• Implementation and Maintenance of Inventory Systems and Ensure… Show more Employed in Two Separate Time PeriodsMarch 2011 - December 2012December 2014 - August 2019• Commercial Analysis and Assistance in Setting of Revenue Standards• Preparation of Monthly Financial Statements for seven entities• Preparation of Budgets• Preparation of Cash Flow Projections• Preparation and Creation of Managerial Reports• Job Costing Analysis and Analysis of Standard Costing Rates• Implementation and Maintenance of Inventory Systems and Ensure Accuracy of Data and Reporting• Implement Transition of Accounting Systems to New Business Acquisitions• Develop Systems to Ensure Accuracy of Financial Reporting• Develop Standard Manufacturing Costing Models and Calculation on Standard Rates• Preparation of Income Tax Returns / Deferred Income Taxes / ATO Compliance• Maintenance of Inventory System and Stock Valuation• Managed Accounts Payable, Accounts Receivable and Payroll Staff I improved the accuracy and reporting of data to managers to enhance the timeliness of reporting, which allowed managers to make decisions real time. I implemented systems which involved different process changes and was heavily involved in the setup of new business acquisitions and rolling them into a streamlined accounting system. I improved the financial positions of an underperforming division through commercial analysis. The models I created allowed far more in-depth analysis of the reasons why the division was underperforming and allowed the division to rectify these issues and assisted in the improvement of financial results. Show less
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Senior Financial Accountant ManagerGenesee & Wyoming Australia Pty Ltd Jan 2013 - Sep 2014- Preparation of Monthly Financial Statements including Profit & Loss and Balance Sheet for five entities.- Preparation and Lodgement of Yearly Statutory Financial Statements- Assisting in the preparation of Budgets and Forecasts for five entities.- Variance Analysis and Managerial Reporting- Development of Management Reports- Cashflow Forecasting, Arranging Short Term Funding and Ensuring Sufficient Funds- Costing Analysis- Project Accounting- Business… Show more - Preparation of Monthly Financial Statements including Profit & Loss and Balance Sheet for five entities.- Preparation and Lodgement of Yearly Statutory Financial Statements- Assisting in the preparation of Budgets and Forecasts for five entities.- Variance Analysis and Managerial Reporting- Development of Management Reports- Cashflow Forecasting, Arranging Short Term Funding and Ensuring Sufficient Funds- Costing Analysis- Project Accounting- Business Acquisition Accounting- Calculating Income Tax Positions including Deferred Tax Effect Accounting- Creation and Maintenance of Accounting and Tax Fixed Asset Ledgers- Preparation of Income Tax Return, FBT and Activity Statements- Debt Collection and Payment Arrangements- Creation of Financial Controls and Efficiency Processes- Setup of New Business Development Processes such as Purchase Orders and Project Modules- Monitoring and Reporting of Revenue and Revenue Targets- Supervision of Assistant Accountant / Accounts Receivable / Accounts Payable and PayrollI increased the speed and accuracy of monthly reporting, changing the status quo of revenue reporting from Day 5 of month end to Day 2 of month end with key revenue estimates given on Day 1 of month end. I also implemented procedures to improve the accuracy of complex billing, which was commended by Internal Audit and generated largely increased revenue from more accurate billing. I was instrumental in creating and generating reports that allowed management to monitor key revenue streams throughout the month.Vastly improved the Fixed Asset Ledgers, including book and tax, to give more reliability in reporting and compliance. I led my team members to utilize their skills in a more efficient manner, which was recognized by management and resulted in a couple of promotions of my team members. Show less
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Other Commercial And Finance ExperienceOther Commercial And Finance Experience Dec 2004 - Feb 2011• Bell Partners Chartered Accountants - Junior Accountant (December 2004 - November 2006)• Stephens Tilley Chartered Accountants - Intermediate Accountant (December 2004 - November 2006)• Revlon Australia Pty Ltd - Assistant Financial Accountant(August 2007 to February 2009)• Burdekin Shire Council - Financial Accountant(March 2009 to April 2010) – Contract Position• Adams Management Pty Ltd - Finance Manager (Shared Services for Walters IGA Stores)(May 2010 to… Show more • Bell Partners Chartered Accountants - Junior Accountant (December 2004 - November 2006)• Stephens Tilley Chartered Accountants - Intermediate Accountant (December 2004 - November 2006)• Revlon Australia Pty Ltd - Assistant Financial Accountant(August 2007 to February 2009)• Burdekin Shire Council - Financial Accountant(March 2009 to April 2010) – Contract Position• Adams Management Pty Ltd - Finance Manager (Shared Services for Walters IGA Stores)(May 2010 to February 2011) – Contract Position Preparation of Monthly Financial Statements Preparation of Budgets and Forecasts Variance Analysis and Reporting Cash Flow Management Management Reporting and Performance Tracking Reporting Supervision of Teams Including Financial Accountants / AP / AR / Payroll Project Accounting Job Costing and Job Profitability Reporting Created and Implemented Fixed Assets, Purchase Order, Job Costing Systems Transitioned Accounting Systems for Acquired Businesses Stock Management and Valuation Creation of Financial Control Procedures Tax Compliance including Income Tax, Business Activity Statements, FBT Debt Collections Balance Sheet ReconciliationsWith a wide range of industries and roles, I am able to use these experiences to be versatile and to customise managerial reporting to assist managers.With a large focus on process improvements, I have been able to dramatically increase the accuracy, reliability and timeliness of reporting. My efforts to obtain as close to “real-time” reporting has increased the effectiveness of decisions.I implemented systems and transitioned systems in the case of business acquisitions. This has streamlined and improved relevancy in reporting for business managers to make informed decisions.Budgeting, Forecasting and Variance Analysis has always been an opportunity to get more involved in the business. This allowed business managers to understand operations and its financial impact to a greater degree. Show less
Thomas Chen Skills
Thomas Chen Education Details
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Bachelor Of Business Administration (B.B.A.) -
Bachelor Of Commerce Majoring In Accounting -
Institute Of FitnessCertificate Iii - Gym Fitness Instructor -
Institute Of FitnessCertificate Iii - Group Fitness Instructor -
Institute Of FitnessCertificate Iv - Personal Trainer
Frequently Asked Questions about Thomas Chen
What company does Thomas Chen work for?
Thomas Chen works for Tch Advisory Pty Ltd
What is Thomas Chen's role at the current company?
Thomas Chen's current role is Virtual CFO, CPA.
What is Thomas Chen's email address?
Thomas Chen's email address is to****@****.com.au
What schools did Thomas Chen attend?
Thomas Chen attended Macquarie University, Macquarie University, Institute Of Fitness, Institute Of Fitness, Institute Of Fitness.
What skills is Thomas Chen known for?
Thomas Chen has skills like Auditing, Variance Analysis, Financial Statements, Fixed Assets, General Ledger, Management Accounting, Accounting, Finance, Account Reconciliation, Financial Accounting.
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Thomas Chen
Greater Sydney Area1yahoo.com.au -
2gmail.com, bankofchina.com
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Thomas Chen
Student At The University Of Melbourne | Master Of Computer Science | Major In Machine LearningMelbourne, Vic
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