Phoebe Koh

Experience

• 

  Dematic

  Feb 2007 - Sept 2022

  • Serve as project financial lead (Project CFO) for assigned portfolio.• Partner with Program/Project Managers by providing project forecast preparation, analysis and reporting.• Challenge execution teams in order to mitigate and/or minimise potential deviations from budget and schedule, identification of risks, contribute to quantify risks and set up mitigation plans.• Manage project financial projections (Estimates at Complete) and ensure any deviations from budget are clearly quantified and supported by root cause documentation.• Contract review and performance monitoring to drive favourable financial results.• Present project financial performance to Director of project execution and participate in project team meetings to ensure forecast commitments are delivered.• Monitor revenue recognition according to IFRS15 and optimise project cashflow by overseeing invoicing and collections activities including management of FX risk and hedges.• Request and manage guarantees and insurances. • Provide leadership and direction to Assistant Management Accountant and serve as subject matter expert for project financials and ERP relating to projects. Show less • Led opportunities to improve both financial, management and functional cost reports, ensuring the data presented was more meaningful and useful for making key financial and commercial decisions.• Formulated 6 month rolling forecasts with accurate analysis of any variances i.e. actual vs. forecast.• Ensured sufficient funds were made available to support ongoing contractual developments for projects; this included working with the Project Manager to define project budgets and capital requirements for project cash flow requirements, and on forecasting cashflow needs.• Managed and hedged foreign currency exposure through forward contracts; and negotiated foreign currency for contracts with banks worth circa A$5,000 through to A$1.5Mil.• Focused on opportunities to improve efficiency within reporting and reporting procedures.• Monitored and managed accounts payable, accounts receivable, general ledger, payroll and all associated systems to ensure correct reconciliation and compliance to financial policies and procedures, whilst ensuring statutory applications such as FBT, GST and PAYG are met.• Received “Employee of the Month” and “Dematic Hero” for outstanding contributions.• Provided leadership and direction to the Credit Controller, Accounts Payable and Assistant Accountant. Show less • Served as a financial partner to the business, leading opportunities to provide more aligned reporting and data, whilst overseeing risk relating to potential project overruns.• Significantly improved accuracy of reporting and timely production of the reports, thus allowing General Managers of business units to make more effective decisions for commercial and budget goals.• Managed in-depth reporting and analysis of projects including Project Budget, Variance Analysis, Project Cost Summary Report, Project Turnover Reports, and Project Invoice Milestone Report.• Formulated “financial snapshots” i.e. flash figure reporting to aid project managers.• Governed and managed project revenue recognition and invoicing to meet turnover and working capital targets, and computed and analysed project KPIs (DSO, Billings and cost in excess, etc.) to ensure efficient monitoring and control of associated financial risks.• Led the development of management reports including rebuilding of Excel based financial models, and improved processes that resulted in better internal controls and accuracy.• Served as commercial signatory on new projects and orders. Show less • Prepared the management and financial reports including P&L, Balance Sheet, Budget, Cash Flow Report and comprehensive Project and Cost Reports for this SGD40Mil (AUD37.7Mil) business.• Directed the changes in reporting following Dematic’s de-merger from Siemen’s; setting up new procedures for the finance department, and reallocating resources according to reporting needs.• Implemented changes needed to ensure financial reports applied with IFRS.• Met statutory and taxation reporting for corporate tax, GST and BAS equivalent reports.• Fully restructured the Accounts Payable Centre responsible for all account payable processing, thus reducing the number of man-hours required at providing a more efficient process.• Conducted detailed analysis of project contracts for revenue recognition, and ensured sufficient cash flow was in place to meet contractual/project obligations both short and long term.• Liaised with the firm’s auditors and tax consultants on compliance and regulatory matters. Show less

  • Project Controller

    Feb 2015 - Sept 2022

  • Reporting and Treasury Manager

    Aug 2013 - Feb 2015

  • Assistant Commercial Manager

    Feb 2010 - Aug 2013

  • Accountant

    Feb 2007 - Feb 2010
• 

  Hospital Products Australia

  Oct 2022 - Sept 2023

  Financial Controller

  - Prepared financial and management accounts, reports and analysis- Rolled out sales and cashflow forecasting providing management with data critical to strategic decision making- Business Partner with key departments across the business- Collaborated with Leadership team to improve systems and processes

• 

  Dematic

  Sept 2023 - now

  Senior Project Controller