Jason Rankin
CFO | GM | Chartered Accountant
Singapore
Summary
Financial Executive and Business Consultant with proven experience in business development, from startup to $35m in annual revenues. Offering keen financial acumen to lead businesses to profitability in both lean times and periods of growth. Known for excellent recruiting, hiring and managing high-performance teams. Experienced in finance and accounting, operations, supply chain, and human resources.
Overview
26
26
years of professional experience
6
6
years of post-secondary education
2
2
Languages
Work History
Group CFO & GM ASEAN
CPM Group
07.2019 - Current
- Drove revenue growth by developing pricing strategies that maximized both sales volume and profitability across International CPM Group Entities (Singapore, Thailand, India, Sri Lanka)
- Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
- Spearheaded implementation of new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
- Facilitated successful mergers and acquisitions by conducting thorough due diligence analyses and providing strategic guidance throughout process.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within organization.
- Managed relationships with external auditors, ensuring smooth and efficient annual audit process with minimal findings or issues identified.
- Championed adoption of new financial technologies, keeping organization at forefront of industry advancements while maximizing efficiency in daily operations.
- Enhanced cash flow management through development of robust forecasting models, ensuring optimal liquidity for business operations.
- Optimized working capital levels by closely monitoring accounts receivable/payable balances and taking appropriate actions as needed.
- Evaluated investment opportunities diligently, contributing to informed decisions regarding potential projects and their expected returns.
- Presented financial results to board members and investors during monthly meetings, maintaining transparency in communication regarding company performance.
- Mentored finance team members, fostering culture of professional growth and skill development within department.
- Cultivated company-wide culture of innovation and collaboration.
- Established and maintained strong relationships with customers, vendors and strategic partners.
- Led recruitment and development of strategic alliances to maximize utilization of existing talent and capabilities.
Services Director APAC & General Manager
PMsquare | CPM Group
07.2012 - 06.2019
- Oversee multiple project delivery teams to ensure client satisfaction
- Take ultimate responsibility for delivery of service offerings to clients, ensuring engagements are completed on time, to standards, within budget (or with client pre-agreed variation orders) and result in good or better client satisfaction and agreement to be a reference
- Enforce PMsquare best practice approaches, such as conducting milestone meeting reviews, reviewing changes to the project scope, and conducting or overseeing project management closing activities
- Ensure quality assurance activities are scheduled and executed at the client
- Ensure accurate compliance with project reporting (internal and external)
- Management of the recruiting and interviewing process
- In conjunction with project manager, conduct team and client kick off meetings, ensuring understanding of expectations, roles, communication, project plan, etc
- Perform post project reviews for purpose of continuously improving service offering
- Prepare project evaluations for project team members on a timely basis
- Implement quality assurance and risk management plans and comply with delivery, quality control, and quality assurance methodologies
- Oversee and personally deliver strategic engagements for customers as defined in Statement of Work to meet or exceed customer expectations
- Mentor personnel on projects and monitor project performance
- Review fully developed project plans, resource requirements, schedules, and project baselines from Statements of Work (SOWs).
- Clients : SBS Transit, Crimson Logic, Bolloré Logistics, Sanofi-Aventis, Bluescope, IBM, Boehringer Ingelheim, BNP Paribas, Ascendas, Johnson & Johnson, Pfizer, Spirax Sarco, DHL, Omnicom Group, SIG Obeikan
Head of Application Management Asia Pacific (Level 4 Global Management)
Boehringer Ingelheim Singapore Pte Ltd
01.2010 - 07.2012
- Accountable for Business Intelligence Application Management in Asia Pacific (15 Countries)
- The Head of Application Management is responsible for development of Business Intelligence applications, implementation of Business Intelligence projects and support of other roles in CoE regarding the implementation of Business Intelligence strategy projects or Business Intelligence Governance
- Additional tasks comprised the harmonization of Business Intelligence applications, implementation of Business Intelligence standards and the coordination of Business Intelligence application team members
- My tasks / responsibilities included: Accountable for Business Intelligence Application Management including Development of BI applications, Harmonization of BI applications - implementation of BI projects, Implementation of BI standards - support for other roles in CoE, Coordination of BI application and data management teams regarding the implementation of BI strategy projects
- Accountable to provide a well organized and balanced set of services in the area of Business Intelligence Application Management
- Responsible for proper communication within IS business partnering, business and supporting functions
- Contribute to and participate in SLA negotiations
- Relationship management to all SD&D organization units, all IS Business Partnering units, Business units and stakeholders
- Management and strategic development of the Asia Pacific Business Intelligence Application Management organization (headcounts in majority of Asian countries)
- Contribute to the further strategic development of the Asia Pacific Business Intelligence Application Management organization
- Achieve buy-in of business partners and staff members.
Business Controller CHC & AH
Boehringer Ingelheim Limited
03.2004 - 12.2009
- Boehringer Ingelheim Austalia & New Zealand (BIANZ) markets human pharmaceuticals (prescription medicines, consumer health care products) and animal health pharmaceuticals
- BIANZ is a subsidiary of its parent entity incorporated in Ingelheim, Germany
- The primary focus of my role is providing internal business consulting advice and support to the Consumer Health Care and Animal Health Care Divisions, together with managing the local monthly management reporting to Corporate
- Business Controlling (department) ensures that corporate & local strategic objectives are met and business risk is mitigated
- My tasks in achieving this goal include: Commercial Business support at all levels - primary focus on Consumer Health Care and Animal Health Care Divisions
- Personnel Management of direct report (Management Accountant)
- Identify and review business issues & risks, profitability analysis, ad-hoc analysis, contract formalisation & discussion, daily business advisory functions
- Increase the efficiency and effectiveness of business decisions (ensure professional and timely execution of strategic objectives)
- Increase management effectiveness by challenging and advising the business management, marketing & sales teams
- Ensuring budgetary accountability with business marketing & sales teams
- Ensuring business compliance with IT systems (training, support and deadlines are met)
- Budget, Expectation, Preview, Annual Discussion, Year-End and Strategy process
- Co-ordination of the forecasting process
- Planning & forecasting of sales and expenditures, together with discussions held with businesses to ensure all forecasts are communicated and understood
- Preparation of income statements and analysis of business results / forecasts
- Reporting and presentation of results - local & corporate
- Co-ordination & compilation of commentaries
- Attend Annual Discussions
- Review MEP / PaRs reporting to BI-Germany
- Manage the Local Monthly Management Reporting to Corporate for both Australia & New Zealand (Rapid Reporting)
- Review and analysis of the monthly results (sales and expenditures all businesses)
- Detailing errors / issues and monthly feedback provided to the Financial Controller (Aus) and Management Accountant (NZ)
- Errors / Issues resolved prior to month-end being finalised
- Monthly Net Sales Reports prepared for Management Teams, together with the Mancom Net Sales Report
- Monthly Rapid Reporting Comments prepared for sales and expenditures
- Review MEP / PaRs reporting to BI-Germany
- Internal control process reviews and implementation (company procedures & processes, prepare and plan audit walkthroughs)
- Review contractual requirements and establish processes for compliances
- Review of financial processes to consolidate, innovate and improve processes
- Ensure all processes are timely and effective, with emphasis on automation and paper reduction
- Support the NZ Management Accountant to prepare Cash Flow forecasts
- Previously responsible for New Zealand Cash Flow preparation
- Projects are part of this role
- Recent & Past projects include: Project management, design development & training for Cognos 8 (BI & EP) implementation for Australia & New Zealand (2008 ongoing)
- SUN upgrade project and Datawarehouse design, development & implementation (2007 ongoing) Development and implementation of a market share database for the Animal Health Division (2005)
- Implementation of Cognos Powerplay as the primary financial reporting tool (2006).
Group Finance Analyst
Lion Nathan Limited
02.2003 - 01.2004
- Providing timely and accurate management reports on a monthly basis and ensuring that reporting timetables are met by all Business Units, while maintain good working relationship with all Business Units
- Preparation of ad-hoc analysis and presentation material as requested by the Key Decision Makers and the Board
- Developing, reporting and highlighting key performance indicators
- Further development of management reporting tools through enhancement of reporting models
- Monitoring of improvements
- Assisting with the Annual Operating Planning process, including control and consolidation of the Group plan and ownership of the corporate planning process
- Providing assistance with statutory reporting, including preparation of financial statements / board report
- Support Projects being developed by Group by providing analytical and project management support.
Reporting / Systems Analyst
GlaxoSmithKline
02.2001 - 08.2002
- Monitoring and maintaining central masterfile database to ensure data integrity at all times
- Reviewing local entity masterfile databases to ensure synchronicity with the central masterfile database
- Ensure that a complete trade route network exists and that all trade route queries are resolved in a timely manner
- Review and reconcile monthly sales and trade route submissions between GPICCS and UNISON (Management Reporting System)
- Provide advice to a broad spectrum of users from world-wide financial staff to regional management, providing information as required
- Create and establish reports on GPICCS Sales Analyser as required by users
- Provide training for users of GPICCS local and GPICCS Sales Analyser
- Innovate improvements to GPICCS reporting and maintenance to improve the process and ensure that changes are communicated to all Sales Analyser users
- Establish and maintain central reports in Microsoft Access for Operations users
- Assess and interpret the needs of senior management and other departments using specific supply chain sourcing knowledge to provide relevant information for a variety of ad-hoc projects
- Responsibility for the review of the Product masterfile.
Overseas & Logistics Accountant
World Duty Free Europe Ltd (Subsidiary of BAA)
01.2000 - 11.2000
- Balance Sheet and Profit & Loss preparation and analysis
- Foreign Exchange accounting for Overseas Operations
- Co-ordinate the receipt and General Ledger entry of the Overseas Operations monthly results
- (Naples, Mauritius, EuroTunnel & Shanghai)
- Identifying unusual financial information and making realistic proposals based on investigation of issues
- Oracle Ledger update and reporting information in manner consistent with other parts of the business
- Preparation of the Sales & COS for Mauritius, Naples & Shanghai
- Preparation of monthly accruals, prepayments and provisions
- Preparation of Intercompany Account Reconciliations for Overseas Operations
- Preparation of Balance Sheet Reconciliations
- Monthly Analysis of Profit & Loss and Balance Sheet, providing feedback directly to Financial Director
- Liasing with local management in order to obtain information to complete management reports and management ad hoc queries
- Identifying potential problems with regard to financial information and assist budget holders in finding solutions
- Design and delivery of the Reporting and Procedural framework for WDFE overseas subsidiaries including EuroTunnel
- Development and maintenance of large Excel models and related Macros
- Design, implementation and maintenance of strong accounting controls and, ensuring adherence to Accounting Standards
- Design and implementation of the French Payroll accounting model
- Management and Financial Reporting for the UK Logistics operation
- Supervision of the assistant Logistics Accountant responsible for preparation of Intercompany wholesale billing
- Support the year end group reporting and audit process.
Financial / Management Accountant - NSW Division
Inghams Enterprises Pty Ltd
07.1998 - 12.1999
- Improved working capital management by identifying areas for cost reduction and implementing strategies to optimize cash flow.
- Ensured compliance with GAAP, tax regulations, and industry best practices through continuous monitoring and updating of accounting policies.
- Improved financial reporting accuracy by streamlining the month-end close process and implementing automated reconciliation tools.
- Enhanced budgeting and forecasting processes for increased accuracy, allowing management to make more informed decisions.
- Supported the implementation of a new financial planning tool, resulting in more efficient budgeting processes and improved collaboration between departments.
- Developed comprehensive financial reports for senior management, facilitating effective decision-making based on accurate data insights.
- Enhanced profitability analysis methods by incorporating non-financial metrics into evaluations, resulting in a more holistic view of company performance.
- Implemented cost allocation methodologies for better understanding departmental expenses and driving accountability within the organization.
- Contributed to the successful implementation of a new ERP system, resulting in increased efficiency across all departments.
- Provided journal entries and performed accounting on accrual basis.
- Balance Sheet Preparation & Review, Cashflow Reporting - Responsible for the weekly and monthly reporting.
- Trading Statements (P&L) - Preparation & Analysis to Monthly Estimate, Cost Control, Other Income & Expenditure
- Preparation of Standard Administration Charges & Accruals
- Analysis of Administration Expenditure & Reporting
- Analysis of Other Income & Expenditure & Reporting, Non-Utilised Cites, Capital WIP, - Reconciliation & Reporting, - Preparation of Monthly Reports
- Stocktake on Major Projects, - Analysis & Review of Current Expenditure, - Follow-up on over-spending (Actual to Approved), - Liaising with Cite Engineers, Responsible for the management of the Company’s fixed asset register, including asset maintenance and reporting., Reconciliation
- Preparation & Review – Finance Area, - Co-ordination & Review – Operations, Workers Compensation, - Reconciliation to Sub-system, - Reporting Provisions & Administration Costs
- Liaising with Workers Compensation Department, Prescribed Payments Control & Reporting, Broiler Management Accounting, - Reconciliation & Reporting, - Preparation of Weekly Actual & Estimate Costing, - Analysis of Weekly Growing Results, - Preparation of Broiler Growing Quarterly Forecasts, - Reconciliation of Stock Accounts
- Liaising with Farming Department Managers, Review and supervision of general accounting staff.
Education
Professional Qualification -
Chartered Accountant Australia New Zealand
Australia 01.1997 - 09.1999
Bachelor of Commerce - Accounting
Australian National University
Canberra, Australia 03.1993 - 12.1996
Skills
Performance metrics analysis
Recent Personal Achievements
- Establishment and development of the CPM Group, consisting of 3 brands, Cornerstone Performance Management, PMsquare and Quay Consulting. Successfully managed due diligence, acquisition and integration of Quay Consulting into the CPM Group.
- Successful Singapore Business Start-Up, together with ASEAN Start-Ups in Thailand, India, Sri Lanka & Philippines. Developed new Singapore Consulting Business from ground up into IBM Platinum Business Partner (PMsquare Pte Ltd), and won Singapore Business Awards for Consultant in 2014, 2016 & 2016. Recent IBM APAC Business Partner Awards in 2017, 2011 and 2012
- Presenter at IBM Global Analytics Conference in USA 2015 and 2016 (Panelist)
- Presenter at IBM Cognos Asia Pacific Forum 2012 (Panelist) and 2009
- Boehringer Ingelheim Top 5 Global Initiatives 2011 : Recognised for Development & Implementation of Boehringer Ingelheim IBM Cognos Global Deal 2011 (centralised all global software licensing procurement to Singapore)
- Boehringer Ingelheim implementation of Harmonised MS Axapata ERP in 7 Countries in 7 months (Singapore, Malaysia, Hong Kong, India, Vietnam, Philippines, U.A.E (Dubai 17 Countries))
- Boehringer Ingelheim Employee of the Year 2006
- Project Management Cognos implementation for Australia & New Zealand
- ANZ Cognos EP & BI models accepted as the standard for BI Asia Pacific
- Business Controlling secondment to Boehringer Ingelheim Germany 2008
- Cultural Change Management Team – Boehringer Ingelheim 18 Months
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
There is no problem that doesn't come with its own unique solution. The challenge is patience and commitment to find it.
JR
Timeline
Group CFO & GM ASEAN
CPM Group
07.2019 - Current
Services Director APAC & General Manager
PMsquare | CPM Group
07.2012 - 06.2019
Head of Application Management Asia Pacific (Level 4 Global Management)
Boehringer Ingelheim Singapore Pte Ltd
01.2010 - 07.2012
Business Controller CHC & AH
Boehringer Ingelheim Limited
03.2004 - 12.2009
Group Finance Analyst
Lion Nathan Limited
02.2003 - 01.2004
Reporting / Systems Analyst
GlaxoSmithKline
02.2001 - 08.2002
Overseas & Logistics Accountant
World Duty Free Europe Ltd (Subsidiary of BAA)
01.2000 - 11.2000
Financial / Management Accountant - NSW Division
Inghams Enterprises Pty Ltd
07.1998 - 12.1999
Professional Qualification -
Chartered Accountant Australia New Zealand
01.1997 - 09.1999
Bachelor of Commerce - Accounting
Australian National University
03.1993 - 12.1996
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