Choon Kiat Ng
Summary
Forward-thinking Individual bringing more than 20 years of experience working with Financial Institutions. Proven leadership and success in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies.
Overview
21
21
years of professional experience
Work History
Financial Controller
OCBC Bank
04.2024 - Current
- Lead a team of 43 members overseeing the Group Financial Control and Reporting, Financial Regulatory Reporting, Financial Data Management and Financial Accounting Advisory
- Oversee Monthly, Quarterly and yearly financial reporting processes, ensuring timely completion of accurate financial statements and analysis.
- Prepare and present Audit Committee and Board presentation of financial results.
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Ensured compliance with regulatory requirements by understanding and provide timely regulatory reports
- Spearheaded the implementation of new accounting requirements and provide accounting advisory to the stakeholders of OCBC Group.
- Implemented internal financial controls procedures to monitor critical areas of financial control and provide corrective actions when required.
Head, Group Financial Reporting and Advisory
OCBC Bank
05.2020 - 03.2024
- Lead a team of 28 members overseeing Group Financial Reporting and Accounting Advisory
- Successfully merged 3 individual teams consisting of Group Reporting, Bank Reporting and Accounting Advisory into 1 combined team, enabling better synergies and efficiency across the 3 teams
- Embarked on processes standardization and improvement, achieving better turnaround time and results
Head, Accounting Policies and Advisory
OCBC Bank
10.2015 - 04.2020
- Successfully implemented several new accounting standards such as IFRS 1, IFRS 9, IFRS 15 and IFRS 16.
- Implemented new sets of accounting policies and guidance for better guidance and governance of the bank
- Build and develop strong relationship with stakeholders across the bank including overseas entities.
Technical Accountant
Standard Chartered Bank
08.2010 - 10.2015
- Handled and provide Accounting Advisory to the wholesale banking of SCB
- Conducted accounting training to stakeholders of SCB, including the finance and front office personnel
- Actively involved in new product implementation activities and approval processes.
Senior Audit Manager
Deloitte
08.2008 - 08.2010
- Led a team of 4 members to provide accounting advisory of complex financial instruments and valuation. Key person in charge for hedge accounting advisory.
- Performed detailed reviews of financial statements for accuracy, completeness, and regulatory compliance requirements fulfillment.
- Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.
- Trained and mentored department staff on policies and procedures to establish strong foundation for client development and service activities.
Product Control and Valuation Control
Barclays Capital
08.2006 - 08.2010
- Support and ensuring proper P/L generation and reporting of Treasury Market Activities.
- Conduct independent valuation assessment of financial instruments positions.
Senior Audit Associate
Deloitte
09.2003 - 08.2006
- Managed multiple concurrent engagements while meeting tight deadlines, demonstrating exceptional time management skills.
- Mentored junior associates in audit procedures and techniques, fostering a positive learning environment for professional growth.
- Maintained up-to-date knowledge of accounting principles and industry standards, providing expert guidance during audits.
Education
MBA -
National University of Singapore
Singapore08.2021
Master of Science - Financial Engineering
National University of Singapore
Singapore08.2014
No Degree - Chartered Financial Analyst
CFA Institute
Global04.2008
No Degree - Chartered Accountant
Singapore Institute of Chartered Accountant
Singapore08.2006
BBA - Accountancy (Hons)
Nanyang Technological University
Singapore09.2003
Skills
- Financial Management
- Accounting advisory
- Financial statement review and analysis
- FInancial instruments review and analysis
Timeline
Financial Controller
OCBC Bank
04.2024 - Current
Head, Group Financial Reporting and Advisory
OCBC Bank
05.2020 - 03.2024
Head, Accounting Policies and Advisory
OCBC Bank
10.2015 - 04.2020
Technical Accountant
Standard Chartered Bank
08.2010 - 10.2015
Senior Audit Manager
Deloitte
08.2008 - 08.2010
Product Control and Valuation Control
Barclays Capital
08.2006 - 08.2010
Senior Audit Associate
Deloitte
09.2003 - 08.2006
MBA -
National University of Singapore
Master of Science - Financial Engineering
National University of Singapore
No Degree - Chartered Financial Analyst
CFA Institute
No Degree - Chartered Accountant
Singapore Institute of Chartered Accountant
BBA - Accountancy (Hons)
Nanyang Technological University
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