Vicky Fung Email & Phone Number

Hong Kong

Hong Kong

An online education platform where I deliver personalized, value-driven courses to business professionals, specializing in ChatGPT, management, recruitment, and interview strategies, I'm dedicated to empowering individuals to excel in today’s dynamic corporate world. My commitment is to foster talent, drive innovation, and shape the future of professional growth and success.Discover more: https://course.vfempower.comLatest Course Launched: Business Applications of POE and ChatGPT (POE全面商業應用)

Taipei, Tw

Leading a team of 24 staff in Hong Kong and South China, oversee the finance and accounting function in HK, Shenzhen, Guangzhou, Xiamen and Fuzhou:• Managed all aspects of accounting and financial functions, including daily operation, month-end closing, reporting, budget, forecast, analysis, internal control, audit, tax, credit control, compliance and treasury• Ensured accurate and timely reporting in compliance with IFRS, regulations and Company’s policies• Led the annual budget preparation at regional and stationed levels, ensuring high-quality and accurate results• Enhanced accounts receivable collection and reduced days invoices outstanding of each station• Directed the implementation of new work procedures, group financial policies and various group initiatives• Conducted financial analysis to improve efficiency, profitability, internal control and cost management• Collaborated with cross-functional teams to provide financial insights and support strategic decision-making• Managed finance team of 20+ staff, foster a collaborate and high-performing team focused on achieving KPIs Significant Achievements:1. Reduced accounts receivable overdue from 20% to consistently around 6% within 4 months, through effective collection strategies and improved cash flow management2. Deep-dived and optimized cost of sales, driving up gross profit margin from 7% to 15% within 3 months3. Improved the accuracy, timeliness and completeness of invoice billing and purchase order bookings in collaboration with the Operation Team, aligning them with suppliers' invoices and reducing errors4. Enhanced cross-departmental workflows for key customers by revising Standard Operating Procedures in collaboration with the Sales Team, improving customer satisfaction and processes efficiency5. Strengthened and streamlined month-end closing and management accounts reconciliation for financial accuracy, compliance, and reliable decision-making data

Shinagawa-Ku, Tokyo, Jp

Acting as the Group CFO and reporting to the Group CEO, responsible for:• Managed all Financial and Accounting Operations of the Group (20+ Subsidiaries in 16 Countries)• Oversaw the accounting and financial functions of the Group, including financial and management reporting, consolidation, budget, forecast, audit, treasury, cash flow, hedging, working capital, tax, financial analysis, investment, mergers and acquisitions (M&A), internal control, risk assessment and system conversion• Built and reviewed the group’s annual budget and 3-year strategic plans of all subsidiaries• Developed financial policies and strategies to drive the Group’s financial performance• Identified potential acquisition target companies for business growth and preformed pre-acquisition tasks• Performed financial modelling to assesses and evaluate investment decisions • Analysed and assessed revenue streams and product lines to gain insights into profitability and sales trends• Assessed and prioritized capital expenditure projects and monitored working capital of all subsidiaries• Conducted financial and operational reviews in overseas subsidiaries to improve control and efficiency• Presented financial results in monthly group meetings, board meetings, AGM and shareholders’ meetingsSignificant Achievements:1. Ensured all subsidiaries maintained healthy financial positions and smooth operations during the Covid-19 pandemic, implementing proactive measures to mitigate risks and maintain business continuity2. Revamped inter-group profit and cost allocation among 5 non-wholly-owned Vietnam entities, enhancing transparency and equitable distribution of revenue, cost and resources3. Streamlined group consolidation schedules, budgeting and strengthened cash flow control, enhancing financial reporting accuracy and facilitating informed decision-making4. Introduced monthly report packages, annual risk assessments and group internal control policies to subsidiaries

Bonn, Nrw, De

Reporting to CFO directly and led a team of 9 people, Led and Managed Financial Accounting, Tax, Internal Control & Compliance and Treasury Teams• Oversaw daily accounting, financial reporting, tax, cash flow, external audit, internal audit and internal control• Monitored service performance of shared service centre in Malaysia and recommended improvement measures• Drove and executed cross-functional global and regional projects, including accounting process revamps • Developed, implemented and enhanced financial controls and procedures to ensure accuracy and compliance• Reviewed monthly self-assessments by business units, identifying control weaknesses and remediesSignificant Achievements:1. Led purchase-to-pay automation initiative for 1,000+ staff, increasing from 0% in 2017 Q1 to 21% in 2017 Q42. Successfully onboarded 200+ vendors for e-invoice submission, streamlining payment and bookkeeping3. Conducted 4 roadshows to promote IFRS16 Lease Accounting early adoption among relevant departments4. Organized and led 6 internal roadshows on expense claims and automation platform, Tradeshift, engaging 250+ attendees, promoting digital transformation and compliance culture5. Developed and presented annual plans to enhance team performance and culture, impacting 80+ staff6. Detected and exposed Manager-led fraud, resulting in appropriate actions and subsequent termination

Central , Hong Kong , Hk

Reporting to the Vice Chairman of Midland Realty Group, leading a Finance team of 5 people in HK and 3 in Guangzhou for Midland Financial Group and Midland Immigration Services Group:• Managed financial and management reporting, budget and forecast, financial planning and control, taxation, compliance, audit, treasury, cash flow, working capital, tax, consolidation, analysis, FRR returns • Authorized payments, capital expenditures, and frontline incentive schemes to ensure financial control• Offered financial analysis and recommendations for operational improvements, revenue growth, cost-saving, restructuring and sales strategies• Evaluated business contracts and proposed risk mitigation strategies for the Group• Designed transaction flows to optimize tax exposure for new products/services• Conducted feasibility studies and evaluations for business development and investment opportunities• Led improvements in accounting, order processing and commission systems• Offered strategic advice to Management in developing short term and long term business plans• Advised on financial implications of key business activities and government regulationsSignificant Achievements: 1. Achieved an annual cost-saving of HK$140m through collaboration with IT and Administrative Department2. Revamped pricing, commissions, and referral schemes, raising the group's profit margin from 5% to 19%3. Transformed reporting, introduced management accounting, reducing month-end results delivery by 13 days4. Introduced the FP&A function and conducted critical analysis to support sales operations, including Daily Sales Reports, Weekly Frontline Performance Reports and product analysis. 5. Devised a sales performance monitoring scheme for promotion and demotion of frontline salesmen 6. Proposed authorisation levels for approving various daily operational decisions7. Created comprehensive 100+ page business reports for insurance brokerage & immigration services from scratch

Meyrin - Geneva, Geneva, Ch

Reporting to the Managing Director and the Finance Director directly:- Being the Head of Management Accounting, Internal Control, Insurance, Contracts and IT Functions, lead 3 teams, totaling 6 staff• Managed monthly reporting package, management reports, budgets, forecast, audit and internal control • Performed detail reviews of business contracts, emphasizing finance, control and compliance considerations• Developed and implemented strong internal control policies for payments, authorizations, staff reimbursement, marketing sponsorship and travel• Improved internal control and operational efficiency by documenting and optimizing business workflows • Managed insurance responsibilities, including contract reviews and arranging coverage for corporate events• Evaluated IT project proposals, offering insightful recommendations for informed decision-makingSignificant Achievements:1. Identified stock theft root causes totalling over $1m and internal control loopholes across departments, offering actionable improvement recommendations2. Enhanced stock control measures across warehouse, retail shops, trade shows and during transit in collaboration with the Supply Chain Department

Quarry Bay, Hk

Reporting to the Senior Financial Controller directly, leading the G/L Accounting Services Team of 15+ staff to perform:• Supervised month-end closing for corporate stream, Wellcome supermarkets (255 stores), Mannings (366 stores), 7-11 Convenient Stores (1,007 stores) and Ikea (3 stores) in Hong Kong and Macau• Monitored shared service centre performance and delivered valuable process improvement recommendations• Conducted reviews of balance sheet schedules, P&Ls, audited accounts and tax computations • Consolidated and reviewed annual budget, monthly forecast and actual results of all brands• Developed and updated the Standards of Procedures (SOP) for various accounting processes and policies• Contributed as a project owner for Oracle system upgrade and the development of Lease Management SystemSignificant Achievement:Collaborated with the Human Resources Department to digitize and streamline the process of travel expense claims, transitioning from paper-based forms to an electronic system with online approval

Hong Kong, Hk

1) Handled Audit, Tax, Treasury, Financial and Management Accounting for over 40 countries• Reviewed audited accounts for 104 HK companies and collaborated with PwC on audit adjustments• Prepared and reviewed group consolidation, interim and annual report disclosure notes• Collaborated with PwC to address tax queries on onshore profits from Hong Kong Inland Revenue Department• Reviewed budgets, forecasts, monthly results, audited accounts, profits tax computation and VAT returns for 20+ companies in Europe and the US• Designed and reviewed monthly reporting packages, balance sheet schedules, benchmark analysis and KPI for subsidiares• Proposed working capital, capital structure, bank loan amounts and bank authorization mandates as required• Reviewed forward contracts for mitigating exchange rate risks • Proposed and implemented tax planning and transfer pricing arrangements• Reviewed consolidation packages, tax computations, audited accounts, funding requests & cash flow forecasts2) Internal Control and Process Improvement• Served as the Primary Contact for all inter-company transactions, internal control and compliance issues• Developed and communicated internal control policies to all business units and overseas countries • Identified and addressed risk areas and control gaps by providing well-thought-out solutions• Prepared internal control reports to Risk Management Committee3) Merger and Acquisition – Handled both Pre- and Post-Acquisition Activities for 20+ Deals• Integrated accounting, reporting and internal control policies of acquired companies into the Group• Conducted due diligence, completion audit, consideration computations and finalize acquisitions • Handled post-acquisition financial tasks, including valuation, assessment of goodwill and intangible assets, contingent consideration and payment, profit and cost centres restructuring, and accounting policies integration

London, Gb

• Managed and supervised a team of 2-10 staff members to executive audit engagements effectively• Performed and led audit engagements, business process reviews, Sarbanes-Oxley Act and risk assessments• Prepared audited financial statements, summaries on audit findings and management letter recommendations• Proficiently handled the preparation of individual income tax returns and profits tax computations for clients