Kakkakda RAKTANAK
Phnom Penh
Summary
- Over 10 years of working experience as Accounting & Finance at international company.
- Over 5 years of working experience as Internal Audit, Risk Management, & Compliance at big local company.
Overview
21
21
years of professional experience
Work History
Finance & Administration Manager
Servier International
01.2018 - Current
- Manage and lead annual business plan, financial modeling, five-year strategic business plans for company
- Manage and review financial report and budget control within company
- Monitor and direct the implementation of strategic business plan for company
- Lead and collaborate with other functional managers to execute along with the Annual business Plan and five-year strategic business plans
- Work with managers in each business function to prepare budget and track financial performance by business unit and on consolidation
- Provide advice on financial matters impacting on the company
- Analyze monthly financial reports, including corrective actions to address adverse performance of each business function
- Ensure accurate and timely closing of monthly, quarterly and annual financial accounts according to company reporting calendar and following company's accounting policies
- Supervise subordinates in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc
- Take ultimate responsibility for the company cash management policies
- Monitor cash balances and cash forecasts for company
- Lead and develop teams under Finance and Administration Department of company
- Ensure that effective internal controls are in place and ensure that company financial systems are robust and ensure compliance standard of operating of company, local regulatory laws, rules for financial, and tax reporting
- Develop internal control for company
- Make sure the Finance and Administration Department collaborates and communicates well with internal and external stakeholders.
- Conducted regular audits to identify areas of improvement and maintain a robust control environment.
- Managed payroll operations, ensuring accurate calculations and timely disbursements for all employees.
Internal Audit Manager
ENTEAN AKPEVATH PRACHEACHUN (E.A.P) PLC
01.2019 - 01.2023
- Prepared annual audit planning
- Prepared and managed planning for regular audit of Head Office and Branch level
- Evaluated the effectiveness and efficiency of the company’s internal control and Audit Management
- Monitored and controlled Audit Management and processing
- Performed regular and operational audit with respect to established risk, credit, financial, and HR policies internal control system, procedures and regulatory requirements
- Documented audit result and prepared timely audit reports
- Updated and reviewed new legislation and compliance requirements
- Developed of internal audit policy, annual audit plan and audit review programs
- Prepared audit report indicating the findings and recommendations for CEO review and actions
- Reviewed and monitored internal audit results (working paper & evidences) in order to make sure the completeness of audit finding, root cause, implication and recommendations are well identified
- Prepared debriefing audit results and participate in drafting the internal audit report to CEO in order to make sure that they are well-understood about detail audit findings/issues
- Followed up prior period audit finding
- Discussed finding with Head of Department and CEO.
- Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
- Developed comprehensive audit plans to address identified risks, ensuring timely and effective execution.
Finance Controlling Manager
Sanofi
10.2016 - 09.2018
- Managed and leaded annual Budget, Forecast and Long Rang Plan process ensuring that it is developed in line with strategic and operational plans and lead cross functional teams to develop forecast assumptions for company
- Validated the monthly sale trend for company
- Validated and accounts all Business Units expenses according to the budget and company’s policies
- Followed up and support the performance of each business unit by providing indicators on a monthly basis with ad-hoc analysis
- Manager and improve forecasting and use of financial indicators in business review/business cases
- Leaded the team to provide monthly analysis and comments on actual performance for company
- Leaded the team to provide analysis on pricing and sale policies
- Leaded transfer price reviews and validation according to group policies
- Collaborated with Supply Chain and commercial policy teams to define distribution agreement and sale conditions
- Leaded teams in preparing and reviewed ad-hoc reports and analysis for local management, Indochina, Region, and Group
- Validated of reimbursements and discounts for company
- Reviewed and leaded the team to prepare corporate report and financial performance deck for company
- Reviewed and leaded the team to prepare presentation package for management committee
- Strongly collaborated and involved in strategic project (portfolio review and business cases)
- Managed ad improved financial systems, reporting, and controlling tools for company
- Supported the team to achieve the objectives and to develop the skills
- Leaded and developed finance controlling team
- Cooperated on training, headcount budget, and recruitment needs.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
Finance controller
Sanofi
03.2012 - 10.2016
- Prepared monthly corporate reports in accordance with guidelines
- Ensure all revenues / costs are recorded accurately into the correct entity
- Prepared annual Budget/forecast/Long Rang Plan and presentation packages with comments / analysis on key project for region and global
- Prepared monthly key performance indicators reports with detail analysis and comments
- Reported sales performance in order to provide feedback to management and Business Unit Head
- Prepared P&L for each brand and consolidate to the Business Unit level (from Sales to BOI)
- Did headcount reviews and efficiency analysis
- Validated on commercial policy proposals of the Business Unit
- Checked on actual expenses vs
- Budget in order to provide feedback to management and Business Unit Head
- Ensured proper expenses check and approval process
- Ensured smooth closing and reporting process
- Ensured group and local procedure are properly applied
- Was a gatekeeper regarding the compliance of activities and provide regular feedback to management
- Coached and developed team
- Ensured a strong collaboration within finance department and with other functions
- Played a role in cost optimization and resource allocation
- Developed new finance model (SOP, Controlling system, Sale system)
- Supported external auditors and Tax authorities.
- Enhanced cash flow management with proactive forecasting and budgeting strategies.
Accounting Supervisor
Sanofi
07.2010 - 03.2012
- Had full responsibility for booking accurately all transactions and correct classification in accounting system
- Checked that accounting procedures are applied before booking in accounting system
- Ensured accounting files to be stored precisely, clearly and systemized
- Had full responsibility for daily operation and support to other functions with an effective and quality of work
- Properly control over fixed asset
- Responsibility for controlling on account payable and account receivable
- Well understandings of Cambodian Accounting Standard to avoid any material adjustment or no significant issues have been raised by external auditor
- Well understanding of Tax’s policies and procedures and adapt to the account booking to avoid any material penalty from tax auditor authority
- Ensured monthly tax declaration has been submitted within the deadline set without penalty happen
- Provided recommendation to the top management on accounting issues
- Prepared correctly monthly, quarterly and yearly group report and submit with group deadline
- Monitored the work of subordinates.
- Ensured compliance with regulatory requirements through diligent research and staying current on industry best practices.
Operational Risk Officer
Angkor Mikroheranhvatho (Kampuchea) Co., Ltd
10.2009 - 07.2010
- Played a primary champion of operational risk and compliance risk
- Build the operational risk and compliance aware culture within company
- Designed and reviewed processes for operational risk and compliance risk
- Prepared and provided guidance to risk owners on how to manage their operational risk
- Developed risk response processes for company
- Prepared reports on operational risk and compliance risk for company
- Assisted with implementation of strategies, policies, procedures and tools
- Ensured the operational risk and compliance framework is working for company
- Developed training materials of the operational risk and compliance
- Run the operational risk and compliance training for company
- Did investigation of compliance breaches and come up with recommendation for action
- Conducted compliance testing for company.
Internal Auditor
Angkor Mikroheranhvatho (Kampuchea) Co., Ltd
09.2006 - 10.2009
- Prepared annual planning with team work
- Prepared planning for regular audit of Head Office and Branch level
- Evaluated the effectiveness and efficiency of the company’s internal control and Audit Management
- Monitored and controlled Audit Management and processing
- Performed regular and operational audit with respect to established risk, credit, financial, and HR policies internal control system, procedures and regulatory requirements
- Documented audit result and prepared timely audit reports
- Updated and reviewed new legislation and compliance requirements
- Developed of internal audit policy, annual audit plan and audit review programs
- Prepared audit report indicating the findings and recommendations for management’s review and actions
- Reviewed and monitored internal audit results (working paper & evidences) in order to make sure the completeness of audit finding, root cause, implication and recommendations are well identified
- Prepared debriefing audit results and participate in drafting the internal audit report to heads of audit in order to make sure that they are well-understood about detail audit findings/issues
- Provided on-the-job training and coaching to new auditors to well complies with audit procedures and programs
- Followed up prior period audit finding
- Prepared planning for rapid audit of Head Office and Branch level
- Discussed finding with Head Office and Branch level.
Internal Auditor
Seilanithih Limited, MFI
01.2005 - 01.2006
- Prepared annual planning with team work
- Prepared planning for regular audit of Head Office and Branch level
- Made audit on Operations, Finance
- Made audit policies implement and other process
- Followed up prior period audit finding
- Discussed finding with Head Office and Branch level
- Drafted report to Head of Internal Audit Department.
Accounting Supervisor
HANUMAN Tourism Co., Ltd
01.2004 - 01.2005
- Supervised and coordinated Accounting staff
- Approved and signed off all payment and receipt at Branch level
- Approved all non-cash expense under approval limit
- Prepared all reports required by Finance Manager and Managing Director
- Prepared annual report
- Ensured all policies are implemented.
Credit Officer
ACLEDA Bank Plc.
01.2003 - 01.2004
- Found new areas, promotion, and clients’ assessment
- Prepared monthly and yearly planning
- Ensured all policies are implemented
- Solved the problems occurrence in the working area
- Followed up clients
- Reported verbally to Chief of Credit Officers.
Education
MBA - Financial Management
Royal University of Law And Economics (RULE)
04.2001 -
BBA - Finance and Banking
National University of Management (Former NIM)
04.2001 -
Skills
Personal Information
- Place of Birth: Battambang
- Date of Birth: 04/10/83
- Gender: Male
- Nationality: Cambodia
- Marital Status: Married
Awards
Outstanding award for year 2017 at Sanofi (Cambodia) Co., Ltd
References
- Ms. SEANG Ratana, Operation Manager, SERVIER INTERNATIONAL, +855 (0) 12 36 98 99
- Mr. SVOEUY Ponnak Rath (Former line manager), Chief Finance Officer, SATHAPANA Bank Plc, +855 (0) 12 88 84 41
- Mr. PHENG Pheak (Former colleague), Finance Manager, BNKC (Cambodia) Microfinance Institution Plc., +855 (0) 12 94 91 10
Training
- Financial controlling training by SERVIER INTERNATION in Singapore.
- Engagement champion by GALLUP in Dubai, United Arab Emirates.
- Analysis and controlling by Sanofi Vietnam in Vietnam.
- Global financial report and tax risk by Sanofi Singapore in Singapore.
- Tax Compliance by KPMG Cambodia Ltd
- Advance Internal Audit by Cambodia Institute of Banking
Timeline
Internal Audit Manager
ENTEAN AKPEVATH PRACHEACHUN (E.A.P) PLC
01.2019 - 01.2023
Finance & Administration Manager
Servier International
01.2018 - Current
Finance Controlling Manager
Sanofi
10.2016 - 09.2018
Finance controller
Sanofi
03.2012 - 10.2016
Accounting Supervisor
Sanofi
07.2010 - 03.2012
Operational Risk Officer
Angkor Mikroheranhvatho (Kampuchea) Co., Ltd
10.2009 - 07.2010
Internal Auditor
Angkor Mikroheranhvatho (Kampuchea) Co., Ltd
09.2006 - 10.2009
Internal Auditor
Seilanithih Limited, MFI
01.2005 - 01.2006
Accounting Supervisor
HANUMAN Tourism Co., Ltd
01.2004 - 01.2005
Credit Officer
ACLEDA Bank Plc.
01.2003 - 01.2004
MBA - Financial Management
Royal University of Law And Economics (RULE)
04.2001 -
BBA - Finance and Banking
National University of Management (Former NIM)
04.2001 -
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