Cher Lim Xin Yi

1. Financial Management:

Managing budgets and developing long-term financial plans

2. Financial reporting:

Preparing and analysing financial statements (income statement, statement of financial position and cash flow statement)

3. Budgeting and Forecasting:

Developing and managing budgets, forecasting financial performance, & identifying trends

4. Financial analysis:

Analysing financial data to identify trends, opportunities, and areas for improvement

5. Regulatory compliance:

Ensuring adherence to financial laws, regulations and accounting standards

6. Cash Flow Management:

Monitoring and managing cash flow to ensure the company has sufficient funds to meet its obligations

7. Stakeholder relationships management:

Communicating financial information to senior management and auditors.

8. Cost management:

Identifying opportunities to reduce costs and improve efficiency within the organisation

9. Process improvement:

Identifying opportunities to improve financial processes and systems

10. Financial operations:

Overseeing day-to-day financial operations, including accounting, treasury and tax

Accounting

- Oversee daily operations, enhance finance department performance with the use of AI and other technology , and ensure operations are run smoothly in the team

- Processed accounts payable transactions, including purchase order creation, invoice processing, payment voucher preparation, and payments via HSBCNet, ensuring timely and accurate processing.

- Prepared and submitted GST reports.

- Communicated with customers and suppliers to address accounts receivable and accounts payable inquiries, resolving discrepancies and maintaining positive relationships.

- Debt collection: collected almost $400k worth of 2-year debt (more than 85% of total debt)

- Supported HQ Finance with various ad-hoc tasks, demonstrating flexibility and a willingness to assist with critical projects.

HR/Office Admin

- Work with different stakeholders to ensure the success of business performance.

- Assisted the Country Director and HQ HR with staff processing, including scheduling interviews and maintaining employee records.

- Maintained organized filing and document management systems for efficient retrieval and record-keeping.

- Managed company assets and office equipment, including laptops, ensuring proper maintenance and inventory control.

- Coordinated logistics for company events, including catering arrangements for customer workshops.

- Provided administrative support to the Country Director and HQ HR, completing ad-hoc tasks as needed.

Business Support

- Evaluated business performance according to past years’ data (1 ,5, 10 years) and identify action plan

Accounts Receivable: Prepared journal entries for accounts receivable, accurately recording receipts and reconciling discrepancies. Ensured proper documentation.

Accounts Payable: Processed accounts payable transactions, including preparing journal entries for payments and expense claims via Telegraphic Transfer (TT) and GIRO. Ensured proper documentation.

Costing: Tracked expenses and cost allocations of several items such as drills and disks.

General Ledger: Maintained the general ledger, including preparing journal entries based on audit schedules and processing necessary adjustments such as revaluations.

Cash Flow: Managed cash flow, including:

-Performing monthly bank reconciliations for all accounts.

-Developing and maintaining a daily cash forecasting schedule to monitor inflows and outflows and predict financial management needs.

-Preparing cash flow statements using both direct (for internal records) and indirect (for external audit) methods.

Prepared monthly audit schedules for balance sheet accounts.

Maintained the fixed asset register, ensuring accurate records of acquisitions, disposals, and depreciation.

Petty cash: Managed petty cash, including recording transactions and processing reimbursements.

GST: Computed and prepared monthly GST reports. Ensured compliance with tax regulations (IR21, etc)

HR: Computed CPF and updated website for 2 months. Ensured compliance with tax regulations for CPF.

Bank Reconciliation - Monthly: prepare monthly SGD bank reconciliation of the main revenue bank account and update on pending issues.

Accounts Receivable: record and prepare journal entries on receipts via credit card and paynow

Accounts Payable: record and prepare payments in all currencies for trade and non-trade vendors. Non-trade will be via GIRO and local bank transfer once every monthly. Trade will be daily in various currencies and also record exchange difference.

Petty Cash: record and reimburse petty cash needs. Meant for visa applications at embassies.

Teach Primary and Secondary English and Math

Teach JC General Paper

Achieve A scores for PSLE

General Ledger: update a few audit schedules daily for quarterly SGX reporting; review one of the Singapore properties’ journal entries and reduce errors on the GL; record Singapore properties’ lease income on the GL

GST: review input and output tax entries on the GL daily for quarterly SGX reporting

Income Tax: prepare monthly income tax schedules for the group (Singapore & Malaysia) for the internal tax department’s review and submission to IRAS

Accounts Payable: schedule payments bi-weekly

Closing of one small hotel

Accounts Payable: prepare trade payments daily in USD via telegraphic transfer, letters of credit and DP. Maintain schedule for trade and freight payment. Maintain expense records of Vietnam, Thailand, India and Singapore.

Bank Reconciliation: prepare main trade account bank reconciliation in USD and SGD daily and monthly.

Receptionist: answer phone call inquiries to the main company line and bring clients at office entrance to meeting rooms