Manson Chan King Hung
Tseung Kwan O
Summary
A professional qualified accountant combining strong commercial accounting and audit experience in China, Hong Kong with business acumen, interpersonal and communication skills.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Financial Controller
D&S Products Manufactory Ltd
03.2021 - Current
- Lead and supervise HK and PRC accounting teams of 4
- To prepare group cash flow forecast especially AR collection and budgetary cost control
- Prepare group consolidation package and variance analysis report for management meeting
- Site visit to PRC plant to review 財務報表 including costing system, 增值稅/報關合同
- To assist in annual audit and co secretarial documents
- To determine transfer pricing and tax planning scheme across HK and PRC operation
- A HK established company engaged in production of music card and golf cart. It has production sites in both PRC and Sri Lanka. Raw materials are purchased in PRC with finished goods sold to HK holding co and then resold to US customers.
- Key Achievements
- Successfully applied BUD grant subsidy for purchase of machineries for PRC factory with funding of HKD 1 Million
- Design and set up KPI for calculating the commission paid to salesmen and engineers
Senior Finance Manager
Cornerstone Technologies Holdings Ltd
04.2020 - 12.2020
- Lead and supervised accounting team of 2
- Prepared monthly consolidation account for group and supporting schedules.
- Prepared quarterly and interim report with announcement for compliance with Listing requirements.
- Prepared weekly group cashflow forecast and bank summary.
- Reviewed monthly financial reports of group companies.
- Handled external audit and prepared company secretarial works for filing.
- GEM listed company stock code (8391) engaged in printing of financial and commercial products. Acquired company with production of charging system for electrical vehicle (EV) with branches in PRC and HK.
- Key Achievements
- Set up the standard ESG compliance reporting standard for HKEX reporting
Finance Manager
IMS (HK) Ltd
03.2017 - 03.2020
- Handled full set of accounts and reviewed subordinates works.
- Prepared payroll administration and MPF filing.
- Reviewed PRC companies management accounts and held business review meetings with management.
- Prepared consolidation account of 2 companies with other schedules.
- Prepared weekly cash flow project and fund management.
- A new start up HK company engaged in cyber digital and web business.
- Key Achievements
- Set up new accounting system with chart of accounts, AR, AP, fixed assets subledger module.
- Set up and opened bank accounts and prepared company secretarial documents.
Financial Controller
Cement Connections Ltd
09.2014 - 01.2016
- Project Leader in IPO Project.
- Prepared monthly group consolidation account and relevant schedules, cash flow and AR ageing report for management review.
- Reviewed PRC management accounts and held review meetings with PRC staffs on financial and accounting matters.
- Handled external audit and liaised with auditors, bankers and IRD tax authority.
- Prepared group tax planning scheme and company secretarial documents.
- Set up accounting policies and prepared relevant pre-IPO documents for IPO.
- HK limited company engaged in trading and manufacturing of building materials such as cement and dry mortar powder. Major customers such as Gammon, New World Construction, Housing Authority. Company with branches in Shenzhen, Guangzhou, Shanghai and Beijing with manufacturing plant in Dongguan.
- Key Achievements
- Standardized group accounting policies like set up credit control period, depreciation rate etc
- Set up comprehensive reporting package with cash flow statement, AR ageing report, variance analysis report by measuring actual results versus plan.
- Implemented monthly reporting deadline and financial report with results for management meetings.
Accounting Manager
City Motors Ltd
09.2012 - 09.2014
- Handled full set accounts and prepared group consolidated account.
- Monitored AR ageing report and chased collection of AR.
- Prepared Profit and Loss analysis for rental income of fleet and cost analysis.
- Monitored cash flows of company, prepared MPF filing, arranged funding for payroll and vendor payments.
- Reviewed accounting vouchers and payments prepared by subordinates.
- Handled external audits and liaised with external auditors.
- HK limited company in providing transportation of taxi rental services with fleet over 200 taxis and school buses. Monthly turnover 5 million.
- Key Achievements
- Speed up and increased the recoverability of long-term debts from clients by designed report with AR aging with weekly basis.
- Improved cash flows and liquidity of the group with healthy financial position.
Accounting Manager
Texhong Textile Group Ltd
02.2010 - 05.2012
- Handled full sets of accounts of 2 HK and Macau companies, and review 財務報表 for 5 manufacturing plants in China and Vietnam.
- Monitor the due settlement date of Letter of Credit for 9 banks.
- Updated daily bank balances and prepared cash flow report to management level.
- Supervised a team of 3 staffs for daily accounting operations and review accounting works.
- Liaised with external stakeholders such as banks, solicitor, auditors and IRD.
- Salary administration including MPF filing, preparation of employer return and annual return.
- A Mainboard listed company in manufacturing of yarns and fibers with plants in Zhejiang and Vietnam. Turnover of HKD30 million each month.
- Key Achievements
- Achieved in successful ERP system migration project including training works and design of system with consultants.
Audit Manager
Horwath/Baker Tilly HK CPA
07.2005 - 07.2008
- Handled portfolio of audit clients including listed companies from job planning, leading audit jobs and reviewing files.
- Involved in M&A projects by providing financial advice to clients with acquisition in PRC companies.
- Prepared and drafted consolidated financial statements with IFRS disclosure requirements.
- Handled tax queries raised by tax authority IRD for clients.
- Key Achievements
- Achieved successful IPO listing for client in US Nasdaq by providing 3 years accountant report and working with sponsors and investors with constant communication.
Education
MBA - Finance
University of Leicester
Skills
- Xero, QuickBooks, 金碟, SAP, Powerpoint
- Policy planning
- Internal control management
- Consolidation accounting
- Strategic planning
- Internal controls
- Cash flow management
References
- Patrick, Tsi, Financial Director, 93841665, IMS HK Ltd
- Joanne, Fung, Financial Controller, 31803968, Jetour Holiday Ltd
Certification
- Certificate Programme in Banking Practice
- Certificate of Elementary & Immediate Insolvency Course
- Certificate for Corporate Listing Rules in Hong Kong
- Certificate of China Taxation Practice
- Registered in courses for Advanced Diploma in International Taxation Programme
- Certificate in ESG Investment-CFA
LANGUAGE SKILLS
Fluency in English, Cantonese, and Mandarin
Timeline
Financial Controller
D&S Products Manufactory Ltd
03.2021 - Current
Senior Finance Manager
Cornerstone Technologies Holdings Ltd
04.2020 - 12.2020
Finance Manager
IMS (HK) Ltd
03.2017 - 03.2020
Financial Controller
Cement Connections Ltd
09.2014 - 01.2016
Accounting Manager
City Motors Ltd
09.2012 - 09.2014
Accounting Manager
Texhong Textile Group Ltd
02.2010 - 05.2012
Audit Manager
Horwath/Baker Tilly HK CPA
07.2005 - 07.2008
MBA - Finance
University of Leicester
HIGHLIGHTS OF WORK EXPERIENCE
- Existing salary: HKD 23,000
- Reason for leaving: Company restructuring
- Existing salary: HKD 28,000
- Reason for leaving: For better future prospect
- Existing salary: HKD 33,000
- Reason for leaving: IPO project turned down
- Current salary: HKD 33,000 per month
- Reason for leaving: The company business deteriorated and downsizing
- Existing salary: 35,000 per month
- Reason for leaving: The post is temporary and on contract basis ended at December 2020
- Existing salary: 38,000 per month
- Reason for leaving: The company is downsizing with business become adverse due to tariff affair since most of customers are in US
- Date of availability: One month notice
- Expected salary: HKD 40,000-45,000 per month