Steven Wong

As the Head of Finance & Administration, named Company Secretary and one of the core founding team members, conducted hands-on work in establishing a new organisation and overseeing the organisation’s internal operations and corporate governance, including finance, administration, procurement and secretariat

Major achievements in the position:

• Actively involved in the contract negotiations and achieved a significant reduction in operating expenditure
• Mainly involved in the establishment of the corporate governance structure and performed regular internal reviews to identify areas of improvement, suggesting and implementing cost savings measures
• Developed the financial model and worked out the Licence Fee charged to the contractors (the employers of the occupants)
• Developed the billing and administration mechanism of the Licence Fee.

1) Finance, Accounting and Payroll

• Led the formulation of financial strategies on the utilization of financial resources and enhanced the Council’s functions
• Including but not limited to overseeing daily financial functions (e.g., Compiling the financial/management reports, budgeting, forecasting, planning & analysis)
• Monitored the financial performance of all funding projects and to ensure compliance with the accounting and reporting procedures of the Government (the funding body)
• Reported the financial reports to the Council on a bi-monthly basis and ad hoc reporting to the top management as required
• Provided treasury function/cash management for the Council and oversaw its overall investment to ensure compliance with the Council’s investment policy
• Provided internal controls in the financial and administration of the Council
• To liaise with external parties including auditors, bankers, government officials and other professional bodies in handling financial and administration issues

2) Occupational Safety and Health, Operations and Administration The role also entailed reviewing and implementing administrative policies and procedures, managing office leases and accommodation, and overseeing employee health and safety matters and administrative support for the Council’s office premises

Major achievements in the position:

• Introduced 2 additional MPF trustees to the organisation, so employees had more choices
• The Finance and Administration Division (FAD) with manpower of around 15 was restructured, a clear chain of command was established, and the staff morale of the division was raised remarkably
• Organised and supervised the renovation of the organisation's premises so that staff could work in a better working environment
• For sustainability purposes, led and built a green culture in the office by forming a Green Team with 20 members
• Coordinated the annual Resource Allocation Exercise and secured funding from the Government (recurrent and one-off grants).

• Since 2020, led the listing application on the Stock Exchange HK Main Board and served as the main contact for professional parties
• Managed a team of 6 in accounting, analysing financial projections, monitoring cash flow, and introducing internal controls
• Ensured compliance with statutory requirements and implemented an Enterprise Resource Planning system
• Arranged for the company's working capital requirements and maintained good relationships with financial institutions and professional parties.

Financial planning & analysis and investment management (equity, fixed income and Private Equity, etc), assistant to the Chairman. Arranged for the company's finances and maintained good relationships with financial institutions.

Financial Vetting of the contractors under the DEVB’s “List of Approved Contractors for Public Works (Group C)” and the supervision of the Contractors Unit (a team of 5 subordinates) of the Finance Section under the DEVB’s Works Branch.

Tax assessment (Profits Tax, Salaries Tax and Property Tax) and general management of 3 to 4 subordinates.

Held as the senior-in-charge in fieldwork (with a team of 4 to 5 subordinates) and being a team member for various private and public companies' financial statement audits.