Penny Fon

Experience

• 

  E. S. Lim & Co

  Jun 1999 - Jun 2000

  Audit Assistant
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  PwC

  Mar 2001 - Nov 2003

  Audit Assistant
• 

  Shell Shared Service Centre Kuala Lumpur Sdn Bhd

  Dec 2003 - Jun 2008

  Team Manager - Finance Operations & Service Delivery

  • Service Delivery Management (SDM) Team Manager (Dec 2007 - Jun 2008)• Records-to-Reporting (RtR) Team Manager (Oct 2006 - Nov 2007)• Controls & Compliance (C&C) Senior Team Leader (Dec 2005 - Sep 2006)• Purchase-to-Pay (PtP) Team Leader (Dec 2003 - Nov 2005)

• 

  MSD

  Jun 2008 - now

  • Regional portfolios covering the Legal Entity Separation and Finance Facilitation scopes for all regions.• Drove global business strategies and transformation projects across regions for APAC (AP incl. China & Japan), EMEA and LATAM (from region to global coverage).• Performed checks and collaborated with external counsel and consultants for overall market readiness prior to legal entity separation day.• Developed and maintained great partnership with various stakeholders including business teams and cross functional collaboration with local markets, regional and global team.• Led a huge team, both direct and in-direct reports, across the markets and regions to support the legal entities separation activities, monitor all financial activities across regions and business readiness.KEY ACHIEVEMENTS• Successfully spin-off Merck Woman Health and Legacy brands (Organon Spin) for AP region, China, and Japan, with expanded region coverage to include EMEA and LATAM in 2021.• Drove a smooth transition post Organon Spin project readiness without business disruptions while standing up the local legal entities in each market for APAC, EMEA and LATAM region. Show less • Drove the full FP&A process for AP region covering twelve markets. • Provided strong business partnership support to Executive Office with value added analysis for decision-making.• Streamlined and drove efficiency in the forecast/budget cycle for AP commercial business and supported quality valuation of regional performance.• Leadership in cross functional collaboration with AP stakeholders and local market team to deliver quality financial forecast analysis for the Emerging Market central team.• Led a team of 10 (AP Regional and Indonesia) direct reports to drive accounting practice, reporting and supported the global finance transformation projects. KEY ACHIEVEMENTS• Accomplished a Stretch Assignment as the Country Finance Director for MSD Indonesia from July 2016 to Mar 2018 (dual hatters).• Achieved business value and forecast accuracy; stabilized the financial performance and accounting reporting for MSD Indonesia. Show less • Drove Accounting-to-Reporting (AtR) financial operations excellence for all global and regional projects.• Led various process improvement initiatives to address the month end close challenges through improved close process, strong partnership and collaboration with Local Market Finance, Costing and Global Consolidation team.• Monitored the service delivery from Genpact Kolkata and Dalian to ensure strong governance and compliance with the offshore team.• Built and developed talents with increased capabilities and skillsets of the team members to cope with new challenges arising from business changes.• Led a team of 14 AtR Team Leaders and Accounts Specialists on financial reporting for 10 AP markets.KEY ACHIEVEMENTS• Accelerated close process for AP region, while maintaining work-life-balance during the tight close cycle. Drove the AtR transition project from GFS to Genpact as part of the Finance Operating Model change.• Streamlined and simplified the AP close schedule to manage the timelines of each deliverable by own team, local markets, outsourced partners, and the Global Consolidation team. Show less • Led the Asia Pacific Business Implementation Team (AP BIT) to rollout the Global SAP Comet platform covering the end-to-end business process change and business/data readiness.• Provided project leadership to the AP BIT to drive all the project milestones and business stabilization.• Managed the AP BIT resources within budget for both China and Asia Pacific Operations Hub in Singapore.• Established the Source-to-Settle (StS) Champion Network community to minimise operational impact.• Led a large cross functional AP BIT (indirect reports) to deliver a positive outcome per the global project timeline and within the allocated budget.KEY ACHIEVEMENTS• Accomplished a successful global platform implementation in AP region - the first Global SAP rollout.• Smooth transition from legacy system to Global SAP with Finance and Business process change. Presented the UMaWoD (You Made a World of Difference) Award by the Global Senior VP of SBS. Show less • Drove the Asia Pacific (AP) Shared Services centre setup in Singapore between 2008 to 2010 as well as to support the Finance operations transition.• Led the Finance scope migration from local markets to AP shared services centre. • Led the SAP COM2 system implementation and business process change.• Completed an 8-month overseas assignment in Dublin to build Global SAP Comet knowledge for AP. Led the Dublin SBS AtR daily operations while the hiring of AtR Team Manager was in progress. Show less

  • APAC Legal Entity Separation Lead cum Regional Finance Facilitation Lead (Regional Leader)

    Jan 2020 - now

  • Director, Asia Pacific Financial Planning & Analysis (AP FP&A)

    Jan 2016 - Dec 2019

  • Associate Director, Global Financial Services (GFS)

    Sept 2013 - Dec 2015

  • Associate Director, AP Shared Business Services (SBS) Comet Business Implementation Lead

    Jul 2011 - Aug 2013

  • Finance Project Manager, Asia Pacific Shared Business Services (AP SBS)

    Jun 2008 - Jun 2011