Tao Li

Experience

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  Sun Chemical Group B.V.

  Jan 2007 - Feb 2010

  Corporate Internal Auditor

  Prior to Ernst & Young Risk Advisory, Tao worked as a corporate internal auditor for 3 years in a multinational corporation - Sun Chemical, which is a global industrial leader of inks & pigments. Tao’s experience focused on global J-SOx compliance initiative, internal audits, and other special projects related to implementation of SAP system & EMEA (Business Process Outsourcing) shared service center. Main Activity: - Global J-SOx Compliance Initiative: Documenting and analyzing key processes incl. Financial Reporting, Inventory, Sales & Accounts Receivable, Expenditures & Accounts Payable, Fixed Assets, and HR & Payroll. - Internal Audit: Credit & Collection Audit; Financial Reporting Audit, Fixed Assets & Inventory Audit.- Special Projects relate to 1. “Implementation of SAP system”; & 2. “EMEA Shared Service Center”: > Supported SAP go-live in 18 Business Units of EMEA region: Assisted local business units in SAP roll-out readiness project; Upon a risk based questionnaire, developed / consolidated a Business Impact Matrix showing impacts as SAP deployment from perspectives incl. business process, organization structure, training & change management, etc.; Collected & consolidated feedback from local management, organized SAP Business Impact Assessment workshop, and tracked FAQ’s of local business leadership. > Roll-out of Shared Service Center (SSC) by HP Business Process Outsourcing in EMEA business units: Coordinated with HP in updating standard operating procedures & narratives of key centralized/outsourced business processes at SSC located in Wrocław, Poland & Bangalore, India; Re-communicated roles & responsibilities of SSC to local business units in EMEA region.> As my graduation thesis topic “the Value Creation through Centralization”, investigated & analyzed if the implementation of offshore SSC & ERP system contributes to a cost efficient internal control framework for Accounts Payable process in an international environment. Show less

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  Ernst & Young LLP

  Feb 2010 - Jun 2012

  In Feb 2010, Tao started her career within Risk Advisory of Ernst & Young LLP which is a fast-moving service line enabling its clients to enhance their business performance. It’s focusing on improving financial and operational processes in leading multinational organizations. It’s being asked to assist in developing risk management strategy, internal operational control frameworks and effective internal audit functions. Its expertise in risk management enabled strategic advice being provided at, both, enterprise and operational levels. Tao's Industry Experience: Automotive, Chemical, FMCG, High-Technology, Real-Estate, Telecommunication, Oil & Gas.Main Activity:- Risk Management / Operational & Financial Audit: Worked closely with management to establish audit scope, audit plan & audit program; Executed internal audits over key processes; Identified & reported audit findings and provided recommendation for areas of improvement to management.- Internal Control (incl. SOx, J-SOx and I-SOx): Led project team & performed SOx projects for both corporate & entity level processes over various industries; Reported finding & proposed recommendation to all levels of client management (from control owner / local controller to CFO/General Manager); Developed workshops as for client’s better understanding of control operating best practice; - Project management: Coordinated engagement activities with Ernst & Young inter-offices in EMEIA region as a core member of global Project Management Office (PMO); Monitored & coordinated with Ernst & Young offshore shared service center as the support of engagement activities outsourcing; Direct supervision of the project team incl. instructing & coaching staff member, perform quality review on deliverable, etc.Tao has kept an excellent record of high utilization, work performance & client satisfaction survey. Show less Main Activity - SOx: Tao's main focus areas were Chemical industry. A global project provided Tao with a unique opportunity of significant international travelling which allowed her to broaden her horizon from both personal and professional perspective. Tao was able to adapt quickly to local cultures and perform her work adequately & delivered with excellent quality. Primary responsibilities included:- Performing walk through interview - Flow-charting business processes in MS Visio - Designing Risk & Control Matrix - Developing Test Steps / Scripts- Assessing design effectiveness of controls - Testing operating effectiveness of controls - Control framework rationalization & optimization - Developing & delivering workshop & trainings - Diagnosing operational risks & process improvement opportunities, and developing remediation advice- Communicating audit findings & collaborating with client to develop management action plans - Partnering with client to properly remediate design and operating deficiencies Show less

  • Senior Advisor - Business Risk Advisory Services

    Oct 2011 - Jun 2012

  • Staff Advisor - Business Risk Advisory Services

    Feb 2010 - Sept 2011
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  TRW

  Jul 2012 - Nov 2015

  Senior Internal Auditor
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  SBM Offshore

  Jan 2016 - Oct 2019

  Group Internal Auditor
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  Upfield

  Nov 2019 - Aug 2022

  Group Internal Audit Manager
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  OCI Global

  Sept 2022 - now

  Group Internal Audit Manager