Cheng Hoong Wong
Summary
A finance professional with over 10 years of experience. I am constantly looking to drive value through my experience and expertise in finance and valuation.
Overview
13
13
years of professional experience
Work History
Manager, Valuations and Transaction Advisory
Nexia Solutions Pte. Ltd.
01.2024 - Current
- Lead and supervise junior staff on valuation engagements.
- Assist director with resource planning, budgeting and fee proposals.
- Prepare valuation models and draft detailed valuation reports for client deliverables.
- Support financial due diligence and sell-side M&A advisory projects.
- Assist audit teams to address valuation-related matters and resolve technical issues.
Assistant Manager, Assurance
Nexia Singapore PAC
10.2022 - 12.2023
- Led and supervised junior staff across multiple audit engagements.
- Supported manager and partner with client communications, resource budgeting and fee proposals.
- In-charge of audit of companies that are rated medium to high risks including companies with complex financial instruments such as Employee Share Option Plan (ESOP), hybrid financial instruments, going concern assumptions which requires the review of cash flow projections.
Deputy Finance Manager
China Construction Engineering (S.E.A.) Malaysia Sdn. Bhd.
02.2022 - 09.2022
- Ensured accounting records are kept up-to-date and accounting documents are complete.
- In-charge of local reporting and tax compliance, liaising with auditor and tax agents on audit and tax matters.
- Acted as the primary contact for banking facilities, accounting and tax-related matters, providing insights to stakeholders on business and project-related issues.
- Evaluated and approved terms and conditions of contracts as representative from finance department.
- Reviewed documents submitted for payment to ensure payment is appropriate to be made.
- Reviewed and discussed with Human Resource department on tax computation of personal income tax of foreign staffs (tax allowance).
Manager
Audit Alliance LLP
09.2017 - 07.2020
- Managed staff resources, budget and audit timeline to meet partner’s and clients’ expectations.
- Resolved various audit and accounting issues.
- Ensured completeness and quality of audit working papers, designed firm-wide audit approach that incorporates new auditing and accounting standards.
- Worked on firm projects such as CaseWare Audit Working Papers replacing hardcopy files.
- Worked with Singapore Polytechnic on implementation of Robotic Automation Process (RPA).
Financial Analyst
SL Global Pte. Ltd.
11.2016 - 09.2017
- Prepared monthly group consolidation and performance dashboard for management monthly review.
- Worked closely with accounting teams on meeting deadlines, on accounting issues and intercompany reconciliation.
- Conducted monthly actual vs budget analysis, KPI analysis and perform other ad hoc investigation as demanded by management.
- Liaised with auditor on group audit matters including impairment assessment and drafting of group financial statements.
- Assisted in yearly budget compilation.
Senior assistant
Audit Alliance LLP
01.2014 - 10.2016
- In-charge of audit of companies in various industries including trading, services provider, construction, investment holdings covering group audit, construction company, subsidiary of company listing in oversea exchange, listed funds in SGX.
- Prepared strategic plan for an audit which includes understanding client business, assessing general and specific audit risk level, setting materiality level, proposing audit procedures, and preparing time-cost budget.
- Liaising with client from planning stage to final stage which includes understanding current year changes and major risk areas, requesting audit schedule, and discussing on audit execution and proposed audit adjustments.
- Drafting of financial statements in accordance with Singapore FRS.
Audit and tax assistant
GC & Associates
08.2012 - 12.2013
- Participated in audit engagements for companies across various industries, supporting fieldwork, audit documentation and preparation of audit reports.
- Prepared draft corporate tax computations and assisted in submitting income tax returns for Malaysian companies.
- Assisted in computation and submission of individual tax return.
Education
Chartered Valuer and Appraiser Programme -
Nanyang Technological University
01-2020
Passed Level 2 -
CFA Institute
01-2018
Member of ISCA / Chartered Accountant of Singapore -
Institute of Singapore Chartered Accountant (ISCA)
01-2017
Fellow member of ACCA -
Associate of Chartered Certified Accountant (ACCA)
01-2016
Bachelor of Commerce(Hons) - Accounting
Tertiary, Universiti Tunku Abdul Rahman (UTAR)
01-2012
Skills
- Business valuation
- Financial reporting and analysis
- Finance and accounting
Timeline
Manager, Valuations and Transaction Advisory
Nexia Solutions Pte. Ltd.
01.2024 - Current
Assistant Manager, Assurance
Nexia Singapore PAC
10.2022 - 12.2023
Deputy Finance Manager
China Construction Engineering (S.E.A.) Malaysia Sdn. Bhd.
02.2022 - 09.2022
Manager
Audit Alliance LLP
09.2017 - 07.2020
Financial Analyst
SL Global Pte. Ltd.
11.2016 - 09.2017
Senior assistant
Audit Alliance LLP
01.2014 - 10.2016
Audit and tax assistant
GC & Associates
08.2012 - 12.2013
Chartered Valuer and Appraiser Programme -
Nanyang Technological University
Passed Level 2 -
CFA Institute
Member of ISCA / Chartered Accountant of Singapore -
Institute of Singapore Chartered Accountant (ISCA)
Fellow member of ACCA -
Associate of Chartered Certified Accountant (ACCA)
Bachelor of Commerce(Hons) - Accounting
Tertiary, Universiti Tunku Abdul Rahman (UTAR)