SHIAW FEN CHIN
Summary
Committed to organizational growth through business partnering, driving process improvements and good cash management. More than 30 years of experience in the field of accounting and finance with private and public companies in diverse industries. Experience with Board and investor relations and procurement of funding. Experience in SOX programs, supply chain and process improvements.
Overview
33
33
years of professional experience
Work History
Part-time Accountant
KENETICS INNOVATION PTE LTD
10.2013 - Current
- Predominantly a consulting role.
- Review and improve financial records to make important business decisions.
- Improved financial analysis and financial modeling to optimize project costing and transfer pricing.
- Develop business plans evaluation for R&D
- Strengthen controls and improve transparency.
- Identified legal tax savings and recommended ways to improve profits.
- Advisory on human resource and company secretarial matters.
Freelance Instructor
EXTERNAL VENDORS
01.2017 - Current
- Develop students in Speech & Drama and coding skills.
- Improve student performance by defining clear goals and communicating performance metrics.
- Assess students on materials presented in workshops and classes.
Chief Financial Officer
MACH7 TECHNOLOGIES (ASPAC) PTE LTD
08.2010 - 08.2012
- Within 1 year, turnaround Indian subsidiary to positive cash and profit contribution
- Restructured and realigned engineering team and recruited local management.
- Resolved statutory and regulatory issues and instituted stronger internal controls.
- Implemented standardized performance appraisal platform with KPIs for individual contributors.
- Developed employee variable bonus plan, sales incentive plan and employee stock option plan.
- Successfully raised financing for markets expansion and product R&D.
Financial Controller & Suppy Chain Manager
ANTALIS ASIA PACIFIC PTE LTD
02.2008 - 04.2010
- Dual role- China Finance and Asia Pacific Supply Chain.
- Led team of 11 finance staff in 3 branches as well as HQ in Shanghai.
- Implemented China-wide cash pooling and cash flows controls. Effectively reduced company’s bank loan by 65% within 1 year and zero loan within 1.5 years.
- Increased focus on inventory management and receivables collection enabled achievement of China subsidiary DSO and DII targets.
- Evaluated cost versus price strategy and worked with business unit leaders to secure stronger results on margins.
- Developed team through coaching and focusing on each individual’s strengths and areas for improvements.
- Led team of 13 regional customer service personnel. Re-aligned roles and responsibilities, and improved service level and reduced operational costs by 7%.
- Directed regional supply chain hub project to improve supply network across 16 markets in Asia. Implemented specific measurement tools and criteria to gauge efficiency of supply chain network.
- Evaluated existing planning tools and set up optimal inventory planning model.
- Drove efforts on cleaning old stocks, reviewed customer current and future needs with sales and marketing leaders. Reduced DII by 13 days as well as improved warehouse costs.
Internal Audit Manager
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2006 - 12.2006
- Successfully implemented remediation programs in targeted entities for Sarbanes Oxley program required by SEC regulations.
- Conducted independent review of activities and transactions to assess adequacy, effectiveness and compliance of company’s internal control system.
- Performed enterprise risk assessment with top management to design annual audit program.
Finance Manager, Strategy and Projects
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2004 - 12.2005
- Worked with product, sales, marketing, research and development leaders to develop and deliver the global business units’ long-term plans, budgets and forecasts, monthly reporting and presentations.
- Partnered business units’ leaders in evaluating deals as well as formulation of investment justification plans.
- Drove the project on improvement of software and service offerings and securing sustainable margins.
- Achieved increased increase in profitability by 5%.
- Prepared business units’ performance write-up for the quarterly press releases and annual reports.
- Performed quarterly analysis and make recommendations for capital asset impairment.
Business Controller, Asia Pacific
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2002 - 12.2003
- Key participant of cooperation venture and new business proposal negotiations team.
- Reviewed and analyzed deal structures, contracts and service proposals and counseled executive leaders on impact contracts would have on company operations.
- Managed financial planning and analysis function and management presentations for Asia Pacific region.
- Evaluated corporate business processes to align outcomes with strategic goals and corporate vision.
- Calculated salesperson commissions based on established parameters.
Credit Controller
GEMPLUS TECHNOLOGIES ASIA PTE LTD
03.1998 - 12.2002
- Managed entire revenue cycle (order to cash). Led team of 15 staff consisting of customer service personnel (located in 10 countries), revenue personnel and credit management personnel.
- Key participant of cooperation venture and new business proposal negotiations team
- Put in place review and analysis of deal structures, contracts and service proposals
- Optimized credit approval and collection processes, improving DSO by 20 days.
- Managed financial planning and analysis function and management presentations for Asia region
- Seamlessly implemented system migrations to Oracle and CRM.
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
- Reviewed customer accounts for compliance with repayment obligations.
- Performed checks of customer creditworthiness and current situations.
Finance Manager
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.1997 - 03.1998
- Responsible for the accounting and finance function of the joint venture company in Tianjin as well as the representative office in Beijing.
- Established network and good business relationships with local authorities, banks, auditors and joint venture partner.
- Managed healthy cash flows and was able to meet the technology transfer and patent fees payments to France HQ.
- Maintained targeted inventory levels even during the periods of spiked manufacturing requirements.
- Implemented cashless salary and reimbursement payouts for both enterprises.
Finance Director
SUPERCOFFEMIX MANUFACTURING LTD
01.1995 - 12.1996
- Directed accounting, reporting and control activities with team of 8 personnel in Accounting, Sales Administration and Inventory Management
- Developed annual budget and capital plans with General Manager to set clear objectives and develop strategies to achieve targeted goals.
- Generated financial and operational reports to assist management with business strategy.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Minimized tax liability with strategic business and intercompany flows.
- Maintained strong cash flow, enabling subsidiary to be self-sufficient in investment and working capital within a year.
Finance and Personnel Manager
BEIJING ISS INTERNATIONAL SCHOOL
04.1994 - 12.1994
- Responsible for the finance and human resource functions of the school.
- Monitored construction budget and personnel hire with respect to the investment blueprint.
- Implemented and maintained financial and management reporting system.
- Key liaison with the local authorities and finance bureau.
Finance and Administrative Executive
NEPTUNE REALTY MANAGEMENT PTE LTD
02.1991 - 02.1994
- Managed the finance, administration and human resource functions of the subsidiary.
- Key liaison with auditors and banks, and performed company secretarial duties.
- Write up and implemented the employee handbook
- Member of the NOL Group's Health Promotion Committee.
Management Trainee Executive
EXPEDITORS SINGAPORE PTE LTD
04.1990 - 01.1991
- 2nd in command in the Import Department.
- Handled operational duties.
- Managed the department’s consolidation of statistical data and monthly reports.
Education
Bachelor of Accountancy -
Nanyang Technological Institute
1990
Chartered Accountant -
Institute of Singapore Chartered Accountants
1997
Master of Business Administration -
Keele University
2003
Level B1 Common European Cardre of Reference for the Languages - undefined
Institute of Touraine
2007
Certified Public Accountant -
Certified Public Accountants Australia
2009
Business Analytics Reporting (BAR) Certification -
Institute of Singapore Chartered Accountants
2010
Advanced Certificate in Training And Assessment -
Institute For Adult Learning
2018
Certificate in Teaching Speech And Drama -
Nanyang Academy of Fine Arts
2021
Data Analytics & Interactive Dashboard With Python -
NTUC LEarning Hub
2022
Skills
- Business Operations and Financial Forecasting
- Financial Forecasting
- Project Management
- Change Management
- Operational Improvements
- Monthly Financial Statements
- Inventory Audits
- Pricing and Costing
Timeline
Freelance Instructor
EXTERNAL VENDORS
01.2017 - Current
Part-time Accountant
KENETICS INNOVATION PTE LTD
10.2013 - Current
Chief Financial Officer
MACH7 TECHNOLOGIES (ASPAC) PTE LTD
08.2010 - 08.2012
Financial Controller & Suppy Chain Manager
ANTALIS ASIA PACIFIC PTE LTD
02.2008 - 04.2010
Internal Audit Manager
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2006 - 12.2006
Finance Manager, Strategy and Projects
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2004 - 12.2005
Business Controller, Asia Pacific
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.2002 - 12.2003
Credit Controller
GEMPLUS TECHNOLOGIES ASIA PTE LTD
03.1998 - 12.2002
Finance Manager
GEMPLUS TECHNOLOGIES ASIA PTE LTD
01.1997 - 03.1998
Finance Director
SUPERCOFFEMIX MANUFACTURING LTD
01.1995 - 12.1996
Finance and Personnel Manager
BEIJING ISS INTERNATIONAL SCHOOL
04.1994 - 12.1994
Finance and Administrative Executive
NEPTUNE REALTY MANAGEMENT PTE LTD
02.1991 - 02.1994
Management Trainee Executive
EXPEDITORS SINGAPORE PTE LTD
04.1990 - 01.1991
Bachelor of Accountancy -
Nanyang Technological Institute
Chartered Accountant -
Institute of Singapore Chartered Accountants
Master of Business Administration -
Keele University
Level B1 Common European Cardre of Reference for the Languages - undefined
Institute of Touraine
Certified Public Accountant -
Certified Public Accountants Australia
Business Analytics Reporting (BAR) Certification -
Institute of Singapore Chartered Accountants
Advanced Certificate in Training And Assessment -
Institute For Adult Learning
Certificate in Teaching Speech And Drama -
Nanyang Academy of Fine Arts
Data Analytics & Interactive Dashboard With Python -
NTUC LEarning Hub
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