Lee Yen Yen

• Responsible for General ledger and subledger closing and support the EMEA region providing a variety of accounting and finance services within Account to Report, General Ledger team
• Understands complex accounting matters, quick problem-solving skills and strong collaboration with other finance and non-finance teams
• Also responsible for Monthly close process and management of the general ledger including accounts analysis, journal entries, accounts reviews and adjustments
• Ensure adherence of processes to company's policies and procedures, internal and external audit requirements and local rules and regulations
• Supports in monthly/ quarterly/ annual close processes, audit process and strengthening of financial processes and controls
• Maintain and control the finance ERP automatic processes to support accounting and reporting and support in improvement opportunities

Accomplishment

• Successful transition of General ledger accounts from Dalian, China to Malaysia. Manage GL process for China and Japan market along with process improvement, automation implementation from previous processes & other service delivery against agreed SLAs & managing the relationship with country finance teams to improve operation efficiency.

Content Skill

• Managing journal entries and ensure proper general ledger coding in support of monthly closing - relating to amortization, depreciation, accruals, and a varieties of other information
• Coordinated and completed month-end closing processes within given deadlines
• Accountable for recording cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting disposition of fixed assets
• Developing bank reconciliations, intra-company reconciliations, and other month-end general ledger reconciliations
• Ensure all open items in reconciliations and all dependency related items adequately followed up and escalated as per management directive
• Analyzing and interpreting financial information, provide assurance information that complies with professional and regulatory standards, data supports budgeting and forecasting requirements, and provide solutions to control issues
• Support Auditor in conducting internal and external audits - assist in tax preparation and filing activities.

Accomplishment

• Successful transition of Payroll Accounting from Dell Services to NTT Data Services

Content Skills

• Due to / Due from Dell vs NTT Data. Work closely with the Dell team together with auditor to make sure the carve out goodwill and billing in the correct amount
• Month end close transaction processing including JE entry and approvals, reporting, global function etc
• Account Reconciliation preparation and review
• Perform and support SOX compliance and audit
• Ensure payroll process completion within timeline and accuracy
• Champion on handling payroll audit and key window on liaising with internal and external auditors
• Assist in ad-hoc request
• Review payroll process and identify ways to improve payroll SOPs
• Handle queries from business finance or staff on payroll related matter
• Preparation on Long Term Incentive (LTI)/Retention calculation and detail analysis
• Performance variance analysis for monthly payroll expenses
• Involve in TMF project for EMEA region (outsource payroll related matter)
• Responsibility on managing Balance Sheet Recon for the Global team
• The role includes acting as the overall Lead managing the B/S
• Recon process for the Global Services Accounting teams as well as overseeing the Country Focal

The responsibilities of the Lead include:-

• Determine and assign ownership for new accounts
• Publish monthly TB and assign verification code
• Maintaining TB Master Listing (Updating account ownership changes as submitted by the respective country focal, Update Key vs Non-Key /Monthly vs Quarterly classification and Exclude any zero balance accounts to prevent no recon)
• Guide and train Country Focal as needed.

• Engagement with Asia Pacific region Finance on contra matters
• Execute MEC and non-MEC deliverables, priorities on regional contra & reporting
• Provides complex, financial analysis for financial function or business, mainly regional contra
• Establishes and maintains relationships with business leaders to guide and persuade decision-maker within a limited scope
• Provides analytic support to business initiatives, representing sub-function within finance for a particular business
• Balance Sheet Review (BSR): QoQ movement narration; Contra BSR; collaborate with accounting team
• Supports policy and process improvement and identifies opportunities
• Identifies issues and proposes solutions to senior individual contributor or manager
• Represents finance on cross functional teams
• Ability to influence multiple cost department within a broad scope, typically interacting with managers and directors.

• Subject matter expert for Tax in the Accounting arena
• Perform complex financial analysis in the Balance Sheet Review process for Tax. Preparing analysis and submitting for BSR review to the Regional Controllership organization, EFR and Audit teams
• Account reconciliation preparation support for Tax areas
• MEC activities such as: - Analyst costs booked into system, booking accruals, re-classes, checking the cost level on the monthly basis, investigate and analysis strange or unexpected cost booked
• Pre-check, calculation and explanation on revaluation delta
• Journal entries preparation
• Actively participate in driving global process standardization initiatives and tax improvements.

Accounts Payable

• Issue cheques and payment vouchers
• Fulfill invoices for non-trade suppliers, ensuring submitted invoices are completed with sufficient supporting documents for account cross checking
• Payment remittance to both customer & Factory
• Issue bank remittance or bank draft to Overseas Agents/Inter-Company suppliers when necessary
• Generate and compile month end closing for non-trade region
• Prepared P&L by manager on monthly basis to analyst gross profit
• Deal with supplier & factory Account person in charge to prevent overdue payment

Accounts Receivable

• Manage and supervise 3 subordinates within AR team on day to day operations
• Involve in monthly closing activities
• Monitor customer incoming collection
• Business Analysis of customer’s delayed / late payment
• Monthly cash flow forecast preparation
• Involve in customer credit evaluation and liaise with credit assurance company on customer credit limit and credit ranking
• Involve in agreement review with Japan HQ legal department
• Prepared monthly P&L report (forecast & actual) of the specified department
• Analyse sales, profit and expenses of individual department
• Analyse reason of fail GP invoices
• Prepared the GST report (monthly & quarterly), Involve in yearly Business Plan particular in cash flow
• Liaise with auditors, tax consultants and other regulatory bodies in regards to the business in US (accounting reports and tax submission)
• Involve in external audit, internal audit of Japan HQ as well as
• Sarbanes-Oxley Audit
• Involve in trade control – customer screening Responsible to develop juniors and reinforce standard operation for all employees.