Jeremy Ong
Summary
Analytical Audit Manager leveraging exceptional risk management skills. Adept with financial statement review to identify errors. Highly knowledge with GAAP and accounting compliance standards. Experienced with developing internal controls and audit policies. Results-driven with specialized knowledge of SEC reporting. Dynamic team player with history of managing teams of up to 10 auditors.
Overview
12
12
years of professional experience
Work History
Audit Manager
Ernst & Young
10.2023 - Current
- Managing audit projects of a leading global hospitality and entertainment US listed corporation, who offers a wide range of leisure and entertainment options, including casinos, theaters, restaurants, and nightlife venues, catering to diverse audiences and a global technology US listed company who offers diverse range of products, including smartphones, tablets, computers, wearables, and digital services in accordance to PCAOB standards.
- Enhanced audit efficiency by streamlining processes by using auditing software.
- Reduced financial discrepancies through thorough analysis of company financial statements and records.
- Managed a team of auditors, ensuring accurate and timely completion of audit projects.
- Implemented risk-based auditing strategies, resulting in better identification of potential issues.
- Collaborated with management to develop actionable recommendations for improving internal controls and processes.
- Improved client relations by maintaining open lines of communication and addressing concerns promptly.
- Consistently met deadlines for audit reports, helping maintain company reputation for reliability and professionalism.
- Increased departmental efficiency through strategic allocation of resources and workload distribution among team members.
- Developed comprehensive audit plans outlining scope, goals, timelines, and resource requirements for each project.
- Identified areas where cost savings could be achieved by analyzing expense reports and recommending budget adjustments.
- Maintained up-to-date knowledge on accounting standards and best practices to ensure high-quality audit results were delivered consistently.
- Participated in billing and collections operations to facilitate client payment of overdue invoices.
- Mentored the audit teams with approximately 10 members, aiding in their professional development and fostering a positive work environment.
Senior Audit Associate
Ernst & Young
11.2021 - 09.2023
- In-charged as an overall senior and lead a team of 8 team members in auditing a listed global technology company who offer a diverse range of products, including smartphones, tablets, computers, wearables and digital services.
- In-charged as an overall senior and lead a team of 6 team members in auditing global telecommunications and technology company, a subsidiary of a leading South Korean conglomerate.
- Improved audit efficiency by streamlining processes and implementing new software tools.
- Enhanced client relationships through consistent communication and timely response to inquiries.
- Conducted thorough financial statement audits for various industries, ensuring accurate reporting and compliance with regulations.
- Collaborated with and managed 10 geographically different EY audit teams to ensure comprehensive audit coverage and timely reporting to us.
- Mentored junior associates in audit procedures and techniques, fostering a positive learning environment for professional growth.
- Assisted in the development of audit plans to address high-risk areas, improving overall effectiveness of audits conducted.
- Maintained up-to-date knowledge of accounting principles and industry standards, providing expert guidance during audits.
- Evaluated internal controls over financial reporting, identifying weaknesses and proposing process improvements to strengthen controls.
- Developed strong working relationships with clients through trust-building communication tactics and reliable service delivery.
- Performed strategic planning, execution and finalization of audits.
- Conducted substantive analytical reviews that highlighted unusual trends or fluctuations requiring further investigation.
- Analyzed trends in financial data to investigate fluctuations.
- Reviewed cash flow projections
Senior Audit Associate
KPMG LLP
04.2019 - 08.2020
- In-charged as a overall senior in assurance audit for a listed company who engaged in the design, planning, construction and management of major infrastructure, environmental protection and water treatment projects
- Also in-charged as a overall senior in assurance audit for a statutory board who drives and coordinates the implementation of the national SkillsFuture movement, promotes a culture and holistic system of lifelong learning through the pursuit of skills mastery, and strengthens the ecosystem of quality education and training in Singapore
- Reviewed and evaluated internal controls to ensure compliance to Audit Guidance Statement 9 (for statutory board only)
- Identified internal control weaknesses and prepared management letter to communicate findings and recommendations on improvement needed
- Planned, supervised and executed the process of statutory audits in compliance with the respective framework, IFRS, Companies Act and other applicable laws and regulations
- Resolved accounting/technical issues raised by clients by providing professional advise on accounting treatments
- Reviewed cash flow projections and assessed value-in-use of the clients' entity to ensure that it is appeared to be reasonable and feasible.
- Improved audit efficiency by streamlining processes and implementing new software tools.
- Enhanced client relationships through consistent communication and timely response to inquiries.
- Conducted thorough financial statement audits for various industries, ensuring accurate reporting and compliance with regulations.
Audit Assistant Manager
KPMG
11.2014 - 03.2019
- In-charged as a overall senior in assurance audit for a listed company who is also one of the top supermarket chain in Malaysia
- Also in-charged as a overall senior in assurance audit for a group of companies who involved in many types of business ranging from motoring to education, which has divisions including vehicles and bikes distribution, motor-trading, manufacturing, property development, food and beverage, hospitality, transportation services, limousine services, automotive education, plantations, cigarette distribution, non-financial services
- Prepared and reviewed consolidated group and company level financial statements
- Reviewed, evaluated internal controls and identified areas of improvements to be communicated to clients via management letter
- Planned, supervised and executed the process of statutory audits in compliance with the applicable frameworks, IFRS, Companies Act and other applicable laws and regulations
- Resolved accounting/technical issues raised by clients by providing professional advise on accounting treatments
- Reviewed cash flow projections and assessed the Company's value-in-use to ensure that it is appeared to be reasonable and feasible
- Reviewed assessment on impact upon adoption
- New accounting standards.
Audit Associate
Wong & Co. Auditing Firm
04.2013 - 10.2014
Audit Associate
K.H. Kuan & Co. Auditing Firm
08.2012 - 03.2013
Education
DIPLOMA IN ACCOUNTING -
TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE
KUALA LUMPUR, MALAYSIA01.2012
BACHELOR DEGREE IN FINANCIAL ACCOUNTING -
TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE
KUALA LUMPUR, MALAYSIA01.2010
Skills
- Performance Improvement
- Process Mapping
- Audit management
- Risk Assessment
- Data Analytics
- Report Preparation
- SOX Compliance
- Compliance standards
- Document review
- Financial reporting
- Financial statement analysis
- Effective time management
- Multitasking
- Project management
- Team Leadership
- Attention to Detail
- Decision Making
Languages
English
Chinese
Bahasa Malaysia
Cantonese
Hokkien
Timeline
Audit Manager
Ernst & Young
10.2023 - Current
Senior Audit Associate
Ernst & Young
11.2021 - 09.2023
Senior Audit Associate
KPMG LLP
04.2019 - 08.2020
Audit Assistant Manager
KPMG
11.2014 - 03.2019
Audit Associate
Wong & Co. Auditing Firm
04.2013 - 10.2014
Audit Associate
K.H. Kuan & Co. Auditing Firm
08.2012 - 03.2013
DIPLOMA IN ACCOUNTING -
TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE
BACHELOR DEGREE IN FINANCIAL ACCOUNTING -
TUNKU ABDUL RAHMAN UNIVERSITY COLLEGE
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