DAWN CHEUNG

Reconciled accounts and reviewed expense data, net worth, and assets.

• Used advanced software to prepare documents, reports, and presentations.
• Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
• Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
• Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
• Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
• Prepared and filed tax forms to meet needs of customers.
• Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
• Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
• Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
• Ensured accurate and timely payroll processing for over 10 to 20 employees, maintaining employee satisfaction and compliance with labor laws.
• Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
• Implemented new accounting software, leading to more efficient financial data management and reporting.
• Provided journal entries and performed accounting on accrual basis.
• Prepared working papers, reports and supporting documentation for audit findings.
• Maintained integrity of general ledger and chart of accounts.
• Collected and reported monthly expense variances and explanations.
• Tracked funds, prepared deposits and reconciled accounts.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Trained new employees on accounting principles and company procedures.
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Gathered financial information, prepared documents, and closed books.

• Preparation of monthly management accounts and quarterly GST reporting
• Timely preparation of income statement, balance sheet and cash flow statements
• Ensure timely quarterly GST submission to IRAS
• Guided junior staff on GST related matters
• Identify allowable and non-allowable expenses for GST claim or payment
• Support Monthly and Annual Close Processes
• At the end of the month or year, record information such as accrual, deferral, reclass, and interdepartmental entries into the company’s accounting ledger
• Perform account analysis to make sure that entries and balances are correct
• Provide financial analysis support to external accountant
• Conduct the year-end closing, prepare audit schedules and liaise with external auditors and income tax agent
• Financial Reporting in Accordance with Singapore Financial Reporting Standard
• Preparing audited/ unaudited financial statements in accordance with Singapore Financial Reporting Standard
• Analyse Financial Information
• Analysing and interpreting financial information, assure that information complies with professional and regulatory standards
• Ensure that data supports budgeting and forecasting requirements, and they provide solutions to management for control issues
• Ensure Data Accuracy
• Check that data is accurate
• Conduct audits to maintain truthful and precise data in documents
• Reconcile Accounts
• Regularly reconcile accounts with the general ledger
• Ensure that all entries are accurate and that transactions are following the Singapore accounting standards and government regulations
• When errors are found, make changes as necessary
• Reconciliation of monthly intercompany transactions and preparing yearly inter-company billings
• Monthly reconciliation of Accounts Receivable, Accounts Payable and Bank Balance and Follow Up
• Prepare Journal Entries
• With appropriate supporting documentation, prepare journal entries relating to amortization, depreciation, accruals, deferred income and a variety of other information
• Ensure that entries align with the Singapore Financial Reporting Standards
• Guide stakeholders and staff (on accounting matters)
• Guiding stakeholders without accounting knowledge to use the accounting software ABSS (formerly known as MYOB) and QuickBooks Online (for their e-commerce platform)
• Setting up the files for receipt and payments with related parties
• Explaining to stakeholders the link between the software and the documentation needed for filing
• “Clean up” wrong accounting entries on-site without affecting its daily operation
• Payroll
• Resetting the employee payroll from scratch including setting up of payroll software and physical payroll and personnel files, drafting the employee contracts customized for different departments according to the Ministry of Manpower regulations and checking of the IR8As (the reporting of employee's earnings to Inland Revenue Authority of Singapore) in the payroll software
• Submission of monthly Central Provident Fund for Companies
• Tax preparation
• Tax Preparation and Filing of Estimated Chargeable Income and Corporate Income Tax filing with Inland Revenue Authority of Singapore (IRAS) for sole proprietors, partnerships, private limited companies within the Group
• Correspond with IRAS when necessary
• Audit and Statutory Filing of Annual Return with ACRA
• Coordinate with external auditors on annual audit and prepare draft financial statements
• Ensure timely annual return filing with ACRA
• Ad hoc
• Management reporting to different key stakeholders monthly
• Extraction and collation of data from accounting software
• Liaise with corporate tax agents, external auditors and related government agencies
• Assist in the Singapore Statistics survey submission
• Tracking of missing invoices to match payment received
• Tallying of e-commerce income statement to payment received.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Gathered financial information, prepared documents, and closed books.
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
• Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
• Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
• Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
• Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
• Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
• Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
• Prepared and filed tax forms to meet needs of customers.
• Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
• Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
• Streamlined monthly financial reporting processes, significantly reducing time required for report generation and analysis.
• Identified significant tax savings opportunities by conducting in-depth research on applicable deductions and credits.
• Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
• Enhanced team productivity and knowledge by leading regular training sessions on accounting best practices and software updates.
• Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
• Implemented new accounting software, leading to more efficient financial data management and reporting.
• Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
• Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
• Provided journal entries and performed accounting on accrual basis.
• Prepared working papers, reports and supporting documentation for audit findings.
• Maintained integrity of general ledger and chart of accounts.
• Collected and reported monthly expense variances and explanations.
• Tracked funds, prepared deposits and reconciled accounts.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Trained new employees on accounting principles and company procedures.
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.

• Prepare monthly management accounts, consolidated financial statements in accordance with Singapore Financial Reporting Standards
• Prepare monthly journals, bank reconciliations, and all schedules
• Perform analytical review of the financial results
• Prepare quarterly GST files for timely submission
• Plan and manage weekly cash position and cash flow projection
• Data entries for both manual and system for financial use
• Process all accounts payable transactions including vendor bills and invoices, credit card charges, ensuring accuracy of each bill and proper classification to different individual entities
• Managing and processing claims and reimbursements by internal staff and external vendors and ensuring compliance with the company policy
• Setting up of Giro payment template in the digital banking
• Preparing payments through bank online platform.

• Ensure companies comply with internal and government regulations
• Examine internal processes and design improvements
• Analyze variance in statement of financial position and profit and loss
• Successfully implemented audit programme for the client in the construction sector for the whole Company to adopt
• Distinct client that needs to recognise their revenue under the latest FRS 115 Revenue Recognition
• Taught clients how to implement the new revenue recognition from completed method to percentage of completed method by re-doing their accounts on project basis.

• Systematically prepared documents and assembled financial statements for audit partners
• Tested effectiveness of internal controls by completing walk-throughs of business processes
• Guided clients in record keeping
• Successfully identified issues for teeming and lading for two of the clients
• Highlighted GST reconciliation issue to the client for improvement
• Started the communication with clients through emails in the Company
• Guide clients on how to do schedules for record purposes.

• Examine internal processes and design improvements
• Diligently monitored remediation plans to confirm proper resolution
• Bookkeeping for the legal firms which require separate client and office accounts, children enrichment centres with incomplete records and investment holding companies by using Excel spreadsheet
• Attend inventory count observation and highlight discrepancies for amendments
• Collected supporting documentation for audit analysis activities
• Maintained comprehensive paper filing systems
• Taught clients how to balance their manual accounts
• Communicate with clients on how they should file their documents
• Identified errors from suspense accounts
• Taught clients to do their bank reconciliation
• Identified clients’ book-keeping errors
• Identified clients’ fixed assets that were no longer with the company.