KALAYAR YEE MON

Experience

• 

  Dare Construction and Engineering Company Limited

  Mar 2002 - Mar 2007

  Cost Accountant

  • Preparing daily accounting to financial statement• Preparing Management Financial Reports that accurately reflect the current business results• Supervision in Account receivable & payable• Preparing schedules for auditor to ensure smooth audit process• Co-ordination with management in cost control & budget & analyzing cost• Monitor Percentage of completion projects to ensure timely and accurate recognition of sales revenue and cost of sales• Working closely with Project Manager to plan the overall costing for projects by understanding and developing the cost model.• Track and control the costs involved and highlighted to the management for variances• Ensure appropriate procedures for financial reporting, record keeping and documentation which maintains files in an orderly, accurate and current manner• Oversee the Chart of Accounts to accurately reflect cost center income and expenses and general and administrative expenses in order to ensure accurate financial reporting Show less

• 

  Himawari Food Pte Ltd, Singapore

  Oct 2007 - Dec 2008

  Senior Accountant

  • Handle full set of account, reporting & data entry in QuickBooks professional software• Handling Payroll, CPF Contribution, co-coordinating staff recruitment activities, selection process, recruitment report, prepare IR8A, submission of Auto-Inclusion Scheme, IR21 form for employees• Handle daily & monthly cash flow reports and updates, perform monthly bank reconciliation• Prepare ad hoc analysis and reports as requested by management• Prepare & file quarterly GST submission, Annual return ensuring compliance in statutory regulations.• To coordinate and facilitate the completion of Month-end financial close activities• Interact with Internal & External Auditors in completing audits and tax return• To participate in Annual operation plan and forecasting activities• Ensure timely collection of Account receivables Show less

• 

  Fusion Clad Precision Technology Pte Ltd

  Dec 2008 - Aug 2015

  Asst.Finance Manager

  • Ensure proficiency and effectiveness in day-to-day accounting operations, month-end account closing and year-end closing• Ensure timely and accurate financial and management reporting• Perform monthly P&L variance analysis and provide top management with meaningful financial information for decision-making• Preparation of annual budget by reviewing past results and trend and understand the factors driving these numbers, understanding cost behaviour, emphasize on cost optimization, focus on process improvement, productivity & efficiency…. “Cut out fats”and ongoing monitoring and tracking of forecasts/budgets.• Review financial information for internal and statutory requirements• Review and implement accounting policies and procedures to ensure compliance with accounting standards• Review monthly reconciliations between actual billing and revenue to be recognized• Manage receivables to improve cash collections and reduce incidence of bad debts• Monitor & keeps track of all lease or other contractual agreements• Liaise with auditors, bankers, tax authorities and other statutory compliances• Responsible for all tax-related (deferred/corporate/withholding) computation and provision• Review processes and procedures for greater efficiency• Assist with ad-hoc projects as and when required• Participate in improving current systems and workflows to create efficiency where applicable• Ensure the confidentiality of all Company records and documents Show less

• 

  Capital Diamond Star Group (CDSG)

  Sept 2015 - Jun 2017

  • Managing the Group Consolidation (Management & Statutory) processes for providing timely and accurate report and analysis of budgets, financial trends and forecasts.• Ensure generation of reliable financial statements of the business unit, including the Balance Sheet, Income Statement and Cash Flow Statement, and exercise a critical and independent review.• Assisting in the roll-out of the annual budget and ongoing monitoring and tracking of forecasts/budgets and costs of business units. Giving guidelines to BUs to consider the Overall Group Corporate Objectives.• Ensure the compliance of Group Standardization including Forms, Reports, accounting Treatment across business units.• Support in the design of policies and processes for internal control in order to minimize business risk and ensure compliance with IFRS and local regulatory laws and rules for financial and tax reporting.• Establish and maintain strong relationships with Cluster BUs so as to identify their needs and provide full range of business solutions.• Ensure the compliance of standard Group Chart of Account across business units.• Assist in developing the business processes and accounting policies to maintain and strengthen the internal controls.• Evaluate and assess the team performance and provide the needful guidance for improvement. • Coordinate the preparation of regulatory reporting, dealing with external auditors.• Assist in developing organizational effectiveness and efficiency throughout all functions, including finance (organization, systems, and processes).• Contributes to the overall success of the organization by effectively managing all financial tasks, overseeing budgeting and accounting. Show less • Oversee the full spectrum of financial and cost accounting functions including AR, AP and GL. • Day to day finance and accounts operations for Hyper and Super formats.• Preparation and on time delivery of monthly financial reporting, i.e. P&L, Balance Sheet Report and CF for Hyper and Super format.• Review and approve payment vouchers and journal entries.• Ensuring that inter-division cost allocations is in line with management agreements and transfer pricing policy. • Assisting in the roll-out of the annual budget and ongoing monitoring and tracking of forecasts/budgets and costs.• To work closely with Senior Management Team for analytical review of monthly financial results and Key Financial and Operational KPIs (e.g. Revenue, Margin, Stock Days, LFL Sales Growth, Creditor Days, CAPEX).• Develop and propose internal control and effective accounting system and policies for the set up to Head of Finance for implementation.• To work closely with Retail Cluster Operational Finance Team, Financial Controller and Head of Finance on expansion plan requirements.• Supporting the implementation of the ERP system and roll-out of other business intelligence software and tool.• Supporting Senior Management Team with in-depth analysis.• To manage and develop Hyper and Super Operational Finance team to support the business and operational requirements.• Ensuring timely delivery of monthly financial reporting, i.e. P&L, Balance Sheet Report and CF for retail format.• Managing the roll-out and review of the annual budget and ongoing review and tracking of forecasts/budgets and costs.• Analytical review of monthly financial results (P&L, BS and CF) highlighting trends and causes of unexpected variances for discussion with FC and Division Heads.• Analytical Review of current and past trends of Key Financial and Operational KPIs (e.g. Revenue, Margin, Stock Days, LFL Sales Growth, Creditor Days, CAPEX) for discussion with FC and Division Heads. Show less

  • Senior Finance Manager - Group Finance

    Jul 2016 - Jun 2017

  • Finance Manager - Retail Cluster

    Sept 2015 - Jun 2016
• 

  FMCG Division, Lluvia Limited, A member of Capital Diamond Star Group

  Jul 2017 - Apr 2020

  Head Of Finance

  • Responsible for direction and oversee all aspects of the Finance & Accounting functions of the organization.• Managing a team of 118 including Premier Coffee Factory, Nationwide Distribution Finance as well as Capital Food Solutions Agency Brand Distribution and Own Production of Confectionery Products Finance department to support the business and operational requirements.• Coaching/motivating the team to improve their capabilities, assessing their ability for the area to improve, by making sure they have given opportunities to improve their ability as well as having clear responsibility to fulfill their respective role.• Create and nurture a winning team by providing leadership, direction, manage the performance, development, succession processes according to Company’s HR practices.• Ensure that effective internal controls are in place and ensure compliance with IFRS and applicable local regulatory laws and rules for financial and tax reporting.• Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions. • Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts.• Providing leadership in allocating financial resources and in providing business advice and counsel to management in meeting business objectives in line with profitability objectives of the company.• Providing relevant financial as well as non-financial information and business insights at the right time and quality to the executive leadership team and Partner group.• Managing the roll-out and review of the annual budget and ongoing review and tracking of forecasts/budgets and costs.• Analytical review of monthly financial results (P&L, BS and CF) highlighting trends and causes of unexpected variances for discussion with Division Heads.• Ensure that risk management system is in place and take preventive action with regular audit of the operations. Show less

• 

  Food Cluster, Lluvia Limited, A member of Capital Diamond Star Group

  Apr 2020 - Sept 2020

  Deputy Financial Controller
• 

  FMCG Division, Lluvia Limited

  Oct 2020 - Sept 2022

  • Head of Business Unit

    Oct 2021 - Sept 2022

  • Vice President Operations

    Oct 2020 - Sept 2021
• 

  Lluvia Limited, FMCG Division, Capital Diamond Star Group

  Oct 2022 - now

  Chief Executive Officer