Eric Wang

• Monitored bank account opening and closing, checked and signed off monthly bank recon statements.
• Coordinated with ASC, Treasury, and Procurement teams to ensure compliance and enhance payment procedures.
• Led team and worked closely with ASC team to review monthly balance sheet schedule, and followed up on outstanding items.
• Led team in month-end closing to check and ensure accurate prepaid and accrual, short-term, and long-term classification.
• Prepared and checked monthly Opex movement and analyzed variance – By Brands and By entities.
• Checked intercom balance aging, and worked with the tax team to clean long-aged items.
• Worked closely with the tax team to come out with proper intercom billing and cost allocation standards, co-operated with and monitored the ASC team on issuing billing and collection.
• Worked with Real Estate team and ASC team to ensure accurate AMT asset increase, change, and write-off, checked monthly AMT P/L record vs SAP posting and cash flow variance.
• Monitored PP&E and Non-Current Asset accounts. Monthly review of the movement and variance, make sure it fulfills Corporate standards.
• Co-operated with Supply Chain FP&A team to check inventory-related accounts ending, and make sure local GAAP posting was aligned with US GAAP one.
• Led and monitored stock take on inventory and fixed assets.
• Supported Annual Audits for both US and Local GAAP.

• Assisted Finance Manager in accomplishing all kinds of business analysis.
• Prepared Monthly Forecast and Year-end Budget.
• Cooperated with Share Service Center to handle routine closing jobs and prepared management reports for Global Finance Department.
• Performed Quarterly Internal Control testing.
• Other ad-hoc tasks assigned by line-manager

• Evaluated and improved the accuracy and completeness of financial records.
• Maintained cash flow by monitoring bank balances and cash requirements.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Created and initiated accounting procedures to increase organization.
• Disciplined and motivated accounting team to maximize performance.
• Enhanced budget administration by reviewing reports, and leveraging knowledge to strengthen controls and improve transparency.

• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Protected company assets with strategic risk management approaches.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.

• Posted and reconciled daily journals, such as Treasury, AP, AR, GL, FA, Costing, etc.
• Coordinated monthly closing, including bank reconciliation, and calculated and prepared cheques for payrolls, utility, tax, and other bills.
• Finish Goods unit cost calculation and checking;
• Coordinated and monitored stock take on inventory and fixed assets.
• Reconciled intercompany balances with counterparts quarterly.
• Prepared Annual Budget and Forecast.
• Cash Flow analysis and planning.
• Cost and Sales Margin Analysis.
• Prepared tax returns, financial reports, and statements to meet governmental and internal requirements.
• Supported Annual Audits according to requirements of both IFRS and local GAAP.

• Prepared monthly journal entries and reconciliations.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.

• Reviewed documents and accounts for discrepancies and resolved variances.
• Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
• Calculated tax owed, prepared and submitted returns and upheld compliance with all applicable laws.

• Prepared monthly journal entries and reconciliations.
• Updated general ledger with latest entries.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Completed year-end closing processes with controllers and external auditors.

Account Payable Accountant:

• Responsible for AP Vouchers and supporting documents review, ensured bookkeeping was correct and in compliance with company policy.
• Took care of AP-related consultation and inquiry; provided professional solutions or advice to internal & external customers, supported business growth.
• Vendor Account reconciliation.
• Supported month-end closing.
• Supported company projects, global projects, and audits, ensured daily work meet the requirements of the auditor and ICFR.

Tax Accountant:

• non-trade tax declaration.
• Government Subsidy application.
• VAT reconciliation and filing.
• Deferred Tax and CIT Calculation and Declaration.
• Monthly Tax Filing.
• Regular Branch Visiting;

General Ledger Accountant:

• Monthly and Yearly Closing related routine job.
• Prepared Magnitude Financial Report and Local PRC Report.
• Inventory Provision preparation and booking.
• Inventory PPV Allocation and Analysis.
• Deferred and Accrued expenses reviewed and booked.
• Deferred tax calculation and booking.
• Conducted Inventory Stock Take.
• Supported internal ICFR & Group Audits.
• Supported KPMG External Audit.
• Maintained relationships with local authorities and accomplished external statistics report accordingly.
• Internal process improvement;

• Involved in the new project of SAP as AR Key User to propose suggestions for the current process, design business scenario, test system, troubleshoot problems, keep current process, design business scenario, test system, troubleshoot problems, keep the new system stable and daily maintenance; train end users.
• Prepared Monthly and Yearly Closing Internal Reports and analyzed Sales data for the FP&A team, such as Daily sales report, Weekly KA customers overdue Report, and Monthly closing Sales Report; Calculated gross sales,net revenue and analyzed sales trends, Compared sales data by regions or by brands; etc.
• Maintained Prices or Discounts and Rebates in the system.
• Cleared incoming payments from KA customers.
• Accrued Discount and Rebate.
• Reconciled with external customers.
  

• Gathered financial information, prepared documents, and closed books.
• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Completed daily cash functions like account tracking, payroll, and wage allocations, budgeting, donating, and cash and banking reconciliations.
• Reconciled accounts and reviewed expense data, net worth, and assets.