Hi, I’m
YVONNE WENG YIHUA
Project Cost Controller
S163027,Singapore
Summary
14 years' experience of credit control and cost control in hospitality, healthcare, and Oil & Gas industry at a regional APAC capacity.
Task oriented, highly self-disciplined and independent individual who acts towards excellence in results. A motivated self-starter who is eager to meet goals and deadlines. Optimistic and resilient when facing setbacks and stress.
Open for challenges, being conscientious and a fast learner who excels in a dynamic project environment. A good team player with good collaboration skills. Always go extra miles to deliver reliable information.
Providing key support to project management with clear communication and high-quality deliverables. Able to navigate complexity and work under pressure. As well as supervising and motivating staff and peers to increase productivity and service standards with interpersonal sensitivity.
Trust in principles of ownership, collaboration and care.
Overview
15
years of professional experience
8
years of post-secondary education
3
Languages
Work History
SBM Offshore
Project Cost Controller
08.2022 - Current
Job overview
- FPSO ONE GUYANA & FPSO PROSPERITY - Oil & Gas industry (Floating, production, storage and offloading vessel)
- Part of pilot team to prepare joint venture contract with shipyards.
- In charge of site manning budget and forecast.
- Responsible for manpower management cross various countries and shipyards. Ensure mobilization of manpower adhere to forecast
- Work in Joint Venture environment. In charge of cost-distribution for JV re-billing
- Set up contractor time registration and billing workflows for joint ventures.
- In charge of review, approval of site expenses of all the expatriates and local staff. Ensure the right cost allocation.
- In charge of billing related matters of all manning agencies
- Lead the insurance claim exercise during major shipyard incidents and successfully recover more than 90% of the claim
- Track budget variances to monitor any deviation from approved cost baseline. Produce regular internal cost reports and analyzed forecast variance.
- Review manning related contracts to ensure accuracy of terms and rates.
- Review subcontractor invoices for accuracy and handle change order impacts on budgets.
SBM Offshore
Project Assistant
03.2021 - 07.2022
Job overview
- Company Overview: FPSO UNITY | PROSPERITY | ONE GUYANA - Oil & Gas industry
- Part of project Covid management committee
- In charge of planning of Covid test for whole project (approx. 500 personnel on site)
- Monitoring test regime and managing the project population to comply with requirement. Supply data to shipyards and government bureau to ensure continuous operation.
- Manage the operation and billing verification with external clinic (S$1.3 million exposure
- Manage the close out project activities. (demobilization of man power, terminating all the site lease and etc.
- Lead the project set up activities. i.e. Manning plan, IT equipment request, Org chart, Project Welcome Pack and etc.
- Roll out new document control system, lead the process and provide support to internal and external users
Brunel International S.E.A. Pte Ltd
Operations - Regional Assistant Team Lead
03.2019 - 02.2021
Job overview
- Conduct individual onboarding sessions, ensuring contract accuracy and smooth processes
- Manage monthly timesheet accuracy and coach consultants
- Coordinate payroll processes for timely and accurate salary remittance
- Handle overseas visa application for various clients according to regulations to ensure expatriate manpower is deployed on time for projects.
- Oversee logistics contracts and ensure compliance with client requirements
- Lead diverse workforce to enhance productivity and efficiency
Brunel International S.E.A. Pte Ltd
Finance – Regional Team Lead – Account Receivable & Time Writing
05.2017 - 03.2019
Job overview
- Prepare management reports on APAC AR Performance and Customer detailed summary.
- Manage work and purchase order tracking for timely billing
- Monitor billing performance and analysis WIP (billing work in progress) and drive billing team to improve billing timeliness and accuracy.
- Review collection process and recommend solutions to management.
- Review consultant's employment contract and client's agreement to ensure the timesheet record is aligned with the contractual terms.
- Implement new processes with different departments to ensure smooth operation and meet the expectations of different stakeholders. Bring down complaints lodged against operation and payroll team.
- Ensure accuracy of payroll input and reduce errors/issues in billing, achieve better collection performance.
- Recover bad debts of S$ 13.0 million overdue for more than three years from the main clients within 6 months.
- Lead the restructuring of finance and operations department to setup time writing team (1 executive subordinate)
- Ensure smooth transition during restructuring process. Achieved zero downtime of month end closing of first payroll cycle after taking over the time writing function from another department
Merz Asia Pacific Pte. Ltd.
Asia Pacific Executive Payroll
01.2016 - 10.2016
Job overview
- Company Overview: Healthcare and Pharmaceutical industry
- Responsible for talent acquisition, payroll, compensation & benefit administration for six countries (50% of APAC)
- Spearhead the payroll outsourcing project; streamline the payroll structure, and process
- Standardize Payroll policies across the six countries in APAC.
- Prepare quarterly and annual HR headcount budget and forecast.
Abbott Medical Optics
Asia Pacific Account Receivable Senior Executive
09.2011 - 12.2015
Job overview
- Company Overview: Healthcare and Medical Devices industry
- Manage distributor and direct customer collection and receipts.
- Manage distributor termination negotiation, stock transfer and AR clearance.
- Part of SAP go live project for China market.
- Verify customer rebate submission and accurate cost allocation in SAP
- Conduct timely credit review and determine credit limit and payment terms for customers.
- Setup collection process in compliance with trade and tax regulatory.
- Design and implement new credit control compliance for new setup in the region.
- Regular audit on China credit control cycle compliance at country
- Prepare monthly AR countries aging analysis report, APAC consolidated AR Performance report and DSO report to management.
- Provide doubtful debts provision and bad debts write off (quarterly base)
Crown Plaza Changi Airport
Account Executive – General Ledger and Accounts Payable
06.2011 - 09.2011
Job overview
- Company Overview: Hospitality industry
- Assist in yearly budget exercise with different departments
- Monitor and control departmental cost on an ongoing basis to ensure performance against budget.
- Perform departmental P&L Analysis, monthly Balance Sheet reconciliation & bank reconciliation
- Carry out monthly Creditor Reconciliation, review supplier statement and establishment records, follow up on any discrepancy.
- Work with HR partners to prepare and review monthly payroll.
- Review supply invoices to ensure sufficient documents and approval is in place prior to payment processing.
- Liaise with internal and external auditors, ensure all controls are following internal and external audit requirements.
AsiaRooms.com
Regional Team Lead – Credit Control
06.2010 - 02.2011
Job overview
- Company Overview: Online Travel Agency
- Lead a team of five to manage collection from vendors cross Asia Pacific Region
- Lead the negotiation of repayment schedules with vendors and devise collection strategy to ensure minimal risk of bad debts.
- Provide timely reporting on APAC collection performance review and market analysis to management.
- Reduced unallocated receipts from Asia Pacific region debtors by 93% from GBP400,000 to GBP37,000 within 3 months of assignment.
- Top debtor collector among team members during the period of employment.
Education
ACCA - Kaplan Singapore
ACCA Affiliate from Finance
01.2006 - 12.2009
Shanghai Shifan University
Bachelor of Electronics and Mechanical Engineering
09.1998 - 06.2002
University Overview
- Scholarships Attained (For Top 15% cohort) for consecutive 3 years 998 til 2001
- 2001/02 – Excellence grade in Electronics and Mechanical Engineering final year Thesis (For Top 5% cohort only)
Skills
Microsoft Office
Awards
- Shanghai Shifan University Scholarships Attained, For Top 15% cohort
- Excellence grade in Electronics and Mechanical Engineering final year Thesis, For Top 5% cohort only
Personal Information
Nationality: Singaporean
Accomplishments
Debt Recovery Success
Led team recovering S$13M debts from top three clients within 6 months timeframe.
Enhanced Billing Efficiency
Improved billing timeliness through process analysis and team restructuring.
Seamless Payroll Transition
Achieved zero downtime during month-end payroll cycle post departmental restructuring.
Award from Client ExxonMobil
Received the Silver Award from the client on current project for the excellent quality of deliverables and accurate control of site manning and cost.
Work Preference
Work Type
Full TimePart TimeContract WorkLocation Preference
HybridOn-SiteImportant To Me
Career advancementCompany CulturePaid time offPersonal development programsAvailability
See my work availability
Not Available
Available
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Languages
English
Advanced (C1)
Chinese (Mandarin)
Bilingual or Proficient (C2)
Affiliations
- ACCA
Timeline
Project Cost Controller
SBM Offshore
08.2022 - Current
Project Assistant
SBM Offshore
03.2021 - 07.2022
Operations - Regional Assistant Team Lead
Brunel International S.E.A. Pte Ltd
03.2019 - 02.2021
Finance – Regional Team Lead – Account Receivable & Time Writing
Brunel International S.E.A. Pte Ltd
05.2017 - 03.2019
Asia Pacific Executive Payroll
Merz Asia Pacific Pte. Ltd.
01.2016 - 10.2016
Asia Pacific Account Receivable Senior Executive
Abbott Medical Optics
09.2011 - 12.2015
Account Executive – General Ledger and Accounts Payable
Crown Plaza Changi Airport
06.2011 - 09.2011
Regional Team Lead – Credit Control
AsiaRooms.com
06.2010 - 02.2011
ACCA - Kaplan Singapore
ACCA Affiliate from Finance
01.2006 - 12.2009
Shanghai Shifan University
Bachelor of Electronics and Mechanical Engineering
09.1998 - 06.2002
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