Ruth Han Yi Khor
Singapore
Summary
Diligent Financial Controller with proven track record in overseeing financial operations and implementing strategic initiatives. Known for enhancing financial controls and streamlining reporting processes. Demonstrated expertise in financial analysis and risk management.
Experienced with financial analysis, forecasting, and budgeting. Utilizes advanced financial controls and reporting systems to drive efficiency. Knowledge of regulatory compliance and risk management.
Overview
20
20
years of professional experience
Work History
Group Financial Controller
SinCo Technologies Pte Ltd
05.2017 - Current
- Company Overview: SinCo is a leading integrated manufacturer of Plastic, Elastomer, Metal, Secondary processes and Assembly.
- Leading and coaching regional accounting team of five in Singapore, seven in Malaysia and co-lead China of nine
- Safeguarded company assets by establishing strong internal controls and procedures for accurate financial reporting.
- Optimized cash flow management with effective forecasting, budgeting, and reporting systems.
- Coordinated tax planning strategies with experts from relevant jurisdictions to minimize the company''s tax liabilities.
- Collaborated with external auditors during annual audit processes, ensuring timely completion and accurate representation of the company''s financial position.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Managing full spectrum of accounting functions (AP, AR, GL) includes producing the group consolidated management and financial accounts to both internal and external stakeholders
- Performing analytical review on financial data & variances and product/project profitability (on the level of customer group, business unit, product segment)
- Extensively liaising the local, Malaysia and China business units around their results and helping them to understand their operation performance
- Preparing corporate tax computation and GST return review
- Coordinate the budgeting and forecasting process (communicate closely with BU team head for the quarterly sales projections review). Support as a business partner on queries relating to capital expenditures investment evaluation to ensure proper budgetary controls and justification.
- Managing the Finance systems (ERP) and processes to ensure the appropriateness internal controls and policies/strategies to support business needs
- Developing clear timelines, responsibilities and deliverable plans for the business and audit compliance requirement
- Other ad-hoc duties and projects assigned by management
Group Accountant
Secura Group Ltd
03.2016 - 03.2017
- Company Overview: Secura Group Ltd. is an integrated suite of security products, cyber security, homeland security, security consultancy and printing security services.
- Managing full set of accounts (AR/AP/GL/Inventory)
- Prepare monthly consolidation (four local entities)
- Prepare cash flow forecasting, management reporting, product analysis, budgeting, variance analysis, add-hoc reporting required
- Financial reporting and XBRL filings
- Liaise with internal and external auditors, banker, service provider and government agencies
- Prepare monthly intercompany transaction reconciliation
- Project management KPI reporting
- GST return reporting and corporate tax filings
- Assist CFO in write-up project proposal (ERP system implementation) and work alongside with various departments and government agency in leading the coordination work
Assistant Finance Manager
XMH Holdings Ltd
03.2015 - 03.2016
- Company Overview: XMH Holdings Ltd. is a diesel engine, propulsion and power generating solutions provider in the marine and industrial sectors.
- Lead coordinate the project of implementation (data migration, reports design) to SAP B1 system platform including the re-setup of entities for parallel run prior to new FY2016 financial year. Work closely with IT, operation and other business units to implement changes in ERP and business process
- Lead the inventory costing valuation change exercise in SAP B1 system. To ensure the entire valuation change exercise complies with accounting standards
- Provide SAP B1 application training and support in resolving daily accounting issues during the new system platform Go-Live
- Work alongside with relevant parties to improve the current workflow/ processes within the finance team. Develop finance SOP, system process manual, and SAP training notes periodically
- Involved in day to day operations and monthly closing activities relates to Singapore principal entity
- Involved in add-hoc analyses and management reporting includes sales & pricing analytical, budget vs actual report, project analysis and planning, cash flow movement, inventory aging report
- Involved in coordinating with Singapore SPRING relates to project claims grants submission
- Involved in corporate tax planning for the group includes preparing insightful slides to summarize various type of Singapore tax incentive, grants, scheme (LIA, PIC, CDG, M&A, MRA, ICV, etc)
- Assist finance director in sourcing information relates to overseas legal entity set-up and planning/ preparation for Singapore grants proposals for various departments; provide guidance and assistance in the interpretation of funding agency regulations and requirements (add-hoc duties)
Assistant Finance Manager
XMH Holdings Ltd
03.2015 - 03.2016
- Company Overview: XMH Holdings Ltd. is a diesel engine, propulsion and power generating solutions provider in the marine and industrial sectors.
- Lead coordinate the project of implementation (data migration, reports design) to SAP B1 system platform including the re-setup of entities for parallel run prior to new FY2016 financial year. Work closely with IT, operation and other business units to implement changes in ERP and business process
- Lead the inventory costing valuation change exercise in SAP B1 system. To ensure the entire valuation change exercise complies with accounting standards
- Provide SAP B1 application training and support in resolving daily accounting issues during the new system platform Go-Live
- Work alongside with relevant parties to improve the current workflow/ processes within the finance team. Develop finance SOP, system process manual, and SAP training notes periodically
- Involved in day to day operations and monthly closing activities relates to Singapore principal entity
- Involved in add-hoc analyses and management reporting includes sales & pricing analytical, budget vs actual report, project analysis and planning, cash flow movement, inventory aging report
- Involved in coordinating with Singapore SPRING relates to project claims grants submission
- Involved in corporate tax planning for the group includes preparing insightful slides to summarize various type of Singapore tax incentive, grants, scheme (LIA, PIC, CDG, M&A, MRA, ICV, etc)
- Assist finance director in sourcing information relates to overseas legal entity set-up and planning/ preparation for Singapore grants proposals for various departments; provide guidance and assistance in the interpretation of funding agency regulations and requirements (add-hoc duties)
Finance & Admin Manager
Datum Alloys Pte Ltd
04.2011 - 09.2014
- Company Overview: Datum Alloys is a UK-based company with a high-tech range of electronic products and stainless steel foils.
- Lead and manage all aspects of finance and accounting for the Singapore principal entity on monthly closing activities and internal controls, finance and tax reporting including accounting policies, budgetary system and business process, review financial performance and report to HQ finance director in UK and local regional director
- Prepare management accounts and financial reporting in compliance with IFRS. Management reporting consists of product level analytical reports, financial performance variance, country sales reports, product cost variance, operational expenses and inventory aging & movement report
- Liaise with external auditors, government bodies, bankers and service providers
- Prepare cash flow forecast & movement report and projected financial statements for group finance director in UK. Handling multi-currencies cash flow portfolio to minimise the foreign exchange rate risks (JPY, USD, China Yuan, GBP)
- Prepare reconciliation reports and audit schedules consists of multi-currencies banks recon, intercompany, fixed assets register, accruals & prepayments, trade control accounts
- Prepare and monitor all the relevant statutory reporting – monthly GST returns, annual ECI submission, tax provision calculation (deferred tax, classified taxable/non-taxable income, deductible/non-deductible expenses, government grants expenses, etc)
- Review the significance of revenue recognition and other IFRSs application accounting treatment
- Involved in corporate secretarial matters relates to Singapore principal entity
- Payroll: Work closely with payroll tasks to ensure monthly payroll are timely completed. Payroll report is furnished after bank transfer payment completed
- Statutory Submission: Furnish monthly CPF contribution and annually IR8A submission on timely basis to meet the submission deadlines given by Singapore authorities via online
- Recruitment: Work with recruitment partners to fulfil manpower needs for staff at all levels and manage full spectrum of recruitment including short-listing, interviewing, salary package (employment contract), and on boarding and exit employment
- Recruitment (Foreign Worker): Apply and renew Work Permit, S Pass and Employment Pass for foreign workers via online. Monitoring local workforce closely to comply with MOM rules and regulations
- Learning & Development: Work closely with higher management to identify and fulfill staffs training needs
- HR Policy: Review and implement HR policy to ensure company is compliance with the regulations stated by MOM and others. This includes overtime rate, working overtime scheme, employee medical benefits and company ethic values with setting internal rules, compensation, staff welfare, staff annual leave
- Administration: Oversee all other aspect of HR administration and liaise closely with corporate secretary. Handle all company insurance policy plans are current and that policies for all employee plans are renewed in a timely manner upon expiration of policies i.e: business risk, local & foreign employees (Workmen’s Injury Compensation and Medic Foreign Worker) and corporate travel
Senior Accounts Executive
Gano Excel Industries Sdn Bhd
04.2010 - 04.2011
- Company Overview: Gano Excel is a Malaysia-based company that is the world’s leading organic Ganoderma planter and exporter. Regional offices are presently operating at 32 countries includes USA, Canada, Australia, New Zealand, South Korea, India, Myanmar, Indonesia, Brunei, Philippines, Peru, Hong Kong, etc.
- Handle full spectrum of accounting duties such as preparing Profit & Loss, Balance Sheet, management reports, audit schedules and analysis reports.
- Perform AR, AP & GL functions to carry out duty of month-end, year-end closing.
- Prepare bank reconciliation.
- Updating all claims which include Petty Cash and Expenses claims.
- Liaise with bankers, government bodies and auditors.
- Perform overseas countries internal management accounts/reports for Philippines and Netherlands.
- Handle statutory tax matters in Philippines and Netherlands such as VAT return, corporate tax return.
- Prepare monthly forecast/cash flow reports for finance planning.
- Carry out internal control planning and perform overseas audit works in Philippines.
- Prepare analysis reports for tax planning in Philippines and Netherlands.
- Provide finance shared service in Poland, Hungary, Slovakia, Czech Republic.
Senior Accounts Executive
InnoPlas Products Pte Ltd
05.2008 - 12.2009
- Company Overview: Innovative Polymers is a manufacturer of engineering plastics products, electronic test-analysis equipment and precision automation machines. These combined capabilities are made up of about 50 people with diverse specializations and experience.
- Responsible for all administrative matters pertaining to company incorporation with the various regulatory agencies, vendors and customers.
- Handle the full spectrum of accounting duties such as preparing Profit & Loss, Balance Sheet, management reports and audit schedules.
- Perform AR, AP & GL functions to carry out month-end and year-end closing.
- Prepare bank reconciliation monthly.
- Prepare forecast reports monthly in order to make sure company has sufficient funds for payroll, payments and claims on monthly basis.
- To assist in managing fixed assets registered file.
- Generate GST Returns quarterly.
- Prepare inter-company transactions schedule for elimination process in finalizing Group Consolidation Accounts.
- Perform internal stock count and prepare inventory reconciliation report.
- Provide supervision for junior staff.
- Liaise with bankers, government bodies and auditors.
- Involved for SAP accounting software implementation tasks.
Sales Coordinator
Innovative Polymers Pte Ltd
08.2006 - 05.2008
- To enhance customer’s satisfaction through handling customers with courtesy and good manners.
- To provide information in regards of company’s products.
- To process the order from customers and arrange the necessary delivery or shipment to overseas.
- Handling the partial accounting task (E.g.: Receivables / Sales / Purchases) in order to finalize the report for every month end.
- To perform the feedback on the complaint from customers.
- To assist sales persons to execute the quotation out on time.
- Be a purchaser in performing the purchase process such as dealing with suppliers, obtaining the quotation and issuing the purchase order.
- To handle the arrangement of daily delivery and overseas shipment to facilitate the booking shipment and so on.
- To handle phone calls order, make inquiry and request for product information daily and perform technical certificate / mill certificate to customers.
Audit/Tax Assistant
Chang Kong Foo & Co
06.2005 - 07.2006
- Company Overview: Chang Kong Foo & Co. is a group of firms established in 1982. Its primary strategy is an ardent commitment to the provisions of its high-quality consultancy services in the fields of auditing, tax planning, secretarial, accounting and strategic planning to businesses.
- Assigned to work in tax department and learned about tax computation for sole-proprietors, partnership companies and private limited companies. Preparation of materials for tax computation, capital allowances and deferred taxation.
- Involved in preparation of audit working paper in compliance with approved standards, preparing audit planning and financial analysis.
- Perform the verification of assets, liabilities as well as Profit & Loss Accounts of companies.
- Finalization of financial report, directors’ report and drafting of auditing report for the review and approval of audit senior on the job as well as partner in charge.
- Undertaking the stock takes task for various companies, which form part of the audit procedures.
Education
Bachelor of Arts - Accounting and Finance
University of Derby
Singapore, Null, Singapore01.2018
Associate of Arts - Diploma in Business Studies (Accounting)
Tunku Adbul Rahman College
Malaysia01.2005
Skills
- Corporate Management Accounting Skills
- Cash flow Management
- Manufacturing Costing Skills
- Financial Budgeting & Forecasting
- Financial Reporting
- International Financial Reporting Standards
- Corporate Tax Compliance
- Transfer Pricing
- ERP System Implementation
- Internal Control Management
- Risk Management
- Effective Communication Skills
- Leadership Skills
- People Management Skills
- Effective in Presentation Skills
- Microsoft Office (Word, Excel, Powerpoint)
- Payroll Processing
- Policy Planning
- Corporate Strategic Planning
- Office Workflow Improvements
Websites
Languages
English
Chinese
Hokkien
Bahasa Melayu
Cantonese
Personal Information
- Nationality: Singaporean
- Ethnicity: Chinese
- Religion: Christian
Hobbies and Interests
- Reading
- Swimming
- Attending personal development workshop/course
- Serving in the community
Timeline
Group Financial Controller
SinCo Technologies Pte Ltd
05.2017 - Current
Group Accountant
Secura Group Ltd
03.2016 - 03.2017
Assistant Finance Manager
XMH Holdings Ltd
03.2015 - 03.2016
Assistant Finance Manager
XMH Holdings Ltd
03.2015 - 03.2016
Finance & Admin Manager
Datum Alloys Pte Ltd
04.2011 - 09.2014
Senior Accounts Executive
Gano Excel Industries Sdn Bhd
04.2010 - 04.2011
Senior Accounts Executive
InnoPlas Products Pte Ltd
05.2008 - 12.2009
Sales Coordinator
Innovative Polymers Pte Ltd
08.2006 - 05.2008
Audit/Tax Assistant
Chang Kong Foo & Co
06.2005 - 07.2006
Bachelor of Arts - Accounting and Finance
University of Derby
Associate of Arts - Diploma in Business Studies (Accounting)
Tunku Adbul Rahman College
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