Kwong SIki Ki Steve

Background: HK Headquarter, Global Market (Ecom, B2B, Retails, and China Factories

Part I - Internal Control Team (Joined for one year)

• 1. Audit Coordination: Assisted the audit manager in conducting on-site inspections for warehouses and retail stores across Hong Kong, Shanghai, Zhuhai, and Guangxi.
• 2. Inventory Verification: Performed physical stock counts and reconciled data against system records to ensure inventory accuracy and identify discrepancies.
• 3. Cash & Compliance Checks: Supported the verification of daily cash handling and operational records to ensure compliance with group policies.
• 4. Data Collection: Gathered and organized operational data and evidence to support the audit manager in identifying findings and risks.
• 5. Documentation: Maintained organized audit working papers and followed up with departments regarding the status of improvement actions.

Part II – Manufacturing Accounting

• 1. Managed full set of accounts, ensuring accuracy and compliance with financial regulations.
• 2. Handled cash reimbursement and managed bank affairs, maintaining robust financial controls.
• 3. Maintained Accounts Payable and Accounts Receivable, optimizing cash flow management.
• 4. Prepared weekly reports for director meetings, providing critical financial insights.
• 5. Developed and maintained audit schedules, bank reconciliations, and ad-hoc financial reports.
• 6. Tracked production costs and calculated Bill of Materials (BOM) costs for ex-factory and retail pricing.
• 7. Generated monthly costing reports, cost analysis, and group unrealized profit reports to monitor purchase costs and inventory.
• 8. Coordinated periodically factory and shop stock takes, including subsequent adjustments.
• 9. Managed month-end and year-end closing processes and liaised with external auditors.

• Background: Hong Kong SMEs, Shenzhen Rep Office and Dongguan Factory
• 1. Prepared Financial statements for factories and submitted them to audit Firm.
• 2. Generated monthly ad-hoc reports for directors, supporting strategic decision-making.
• 3. Reconciled intercompany accounts for the Shenzhen Rep Office.
• 4. Stationed in Dongguan (Tuesday to Friday), leading a team of accounting staff in China.
• 5. Implemented cost control measures, including abnormal cost analysis.
• 6. Investigated and optimized SAP modules, collaborating with SAP consultants.
• 7. Managed assets (inventory and fixed assets) and oversaw physical counts.
• 8. Monitored payment schedules and departmental budgets.
• 9. Investigated abnormal financial results and improved accounting workflows.
• 10. Reviewed documents submitted to the Chinese government, ensuring compliance.

• Background: Hong Kong SMEs and Dongguan Factory | One Man Band
• 1. Visited Dongguan factory twice weekly to oversee operations.
• 2. Prepared full set of accounts, and review factory's financial report.
• 3. Managed receivables, payables, and inventory.
• 4. Handled payment processing and banking affairs.
• 5. Highly monitored customer invoices and purchase costs.

• Background: US Buying Office in Hong Kong and SZ Factory
• 1. Prepared financial statements and assisted to prepare GAAP statement, and audit schedules to US Headquarter.
• 2. Reconciled inter-group transactions.
• 3. Monitored daily cash flow and liaised with bankers.
• 4. Performed internal controls for the factory.
• 5. Oversaw a PRC team, ensuring timely issuance of local F/S and tax reports, and reviewing all outgoing reports.
• 6. Organized monthly stock takes.
• 7. Reviewed material costs, production costs, BOM structure, and managed inventory control, investigating profit margin fluctuations.
• 8. Assisted in ERP system implementation and set up stock-taking procedures.
• 9. Re-prepared historical records and audit schedules, improving format for IPO project.
• 10. Assisted to handle with auditors for IPO audits.

• Background: Family Business in Hong Kong and SZ Factory
• 1. Supervised one of HK teams (A/R, A/P, Costing/Inventory), reviewing documents, solving problems, and providing training.
• 2. Conducted month-end closing and prepared a set of monthly financial reports, audit schedules, and ad-hoc reports.
• 3. Managed fixed assets, reconciled intercompany transactions, monitored A/R outstanding, and ensured timely A/P settlement.
• 4. Visited factory weekly to implement onsite internal controls and monitor a PRC team, ensuring timely report issuance.
• 5. Trained accounting and operational staff on system input and inter-departmental collaboration.
• 6. Organized monthly stock takes.
• 7. Implemented the Inventory and Costing module of the Navision system.

• Background: Hong Kong SMEs and Five China Factories
• 1. Prepared month-end closing and five sets of factories financial reports (HK basis), audit schedules, and ad-hoc reports.
• 2. Performed bank reconciliations and intercompany transaction reconciliations.
• 3. Communicated with PRC teams on various accounting matters.
• 4. Visited factories weekly (two to four days) to implement onsite internal controls.
• 5. Trained and monitored six teams of subordinates on local accounting, China tax reports, data input, and internal report preparation.
• 6. Reviewed new materials, finished goods, and inventory workflows, including BOM pricing structure, purchase/sales/production orders.
• 7. Investigated abnormal profit margins and organized monthly stock takes.
• 8. Liaised with auditors for annual audits.
• 9. Assisted in upgrading accounting and ERP systems.
• 10. Updated regulations and internal accounting rules for PRC subsidiaries.
• 11. Assisted in setting up the job-costing system.

• Background: Hong Kong and Dongguan Factory and Japan Headquarter
• 1. Managed daily fixed asset and inventory accounting tasks, ensuring accurate data entry for BOMs and pricing.
• 2. Prepared Inventory Report with Segmented Costing Methods.
• 3. Monitored cost fluctuations and production issues to help maintain profit margin accuracy.
• 4. Coordinated semi-annual factory stock-takes, including preparing scripts and training materials for the team.
• 5. Supported the transition to new costing methodologies for SAP system upgrade.

• 1. Monitored PRC site accounting departments and prepared external books and site financial reports for HK audit purposes.
• 2. Established internal financial workflows and rectified existing accounting flows to ensure compliance.
• 3. Provided financial training to new site managers and accounting staff.

• 1. Managed Accounts Payable (AP) and prepared two years of historical book records for audit.
• 2. Implemented new accounting and POS computer systems, including staff training and data capture protocols.
• 3. Performed daily bank reconciliations and prepared monthly management reports.

• 1. Managed full set of company accounts, including financial reporting and audit schedules.
• 2. Administered Accounts Receivable (AR) and conducted follow-ups on overdue payments.

• 1. Prepared P&L accounts and cash flow reports for Singapore headquarters.
• 2. Monitored cash and bank account balances.

• 1. Processed daily sales reports from retail shops and prepared monthly sales entries and receipt vouchers.