Yun Chieh Tsao

Experience

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  Deloitte & Touche

  Sept 2011 - Sept 2013

  Senior Auditor

  • Audited financial statements, income tax returns and internal control for a variety of industries, including retail, manufacturing, and market research corporations, such as Toys R us, CX technology and GFK Retail and Technology.• Led team of 1 or 2 to take charge of clients from 2nd year onward.

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  Chinafloors Timber (China) Co. Ltd

  Dec 2013 - Jan 2015

  Cost Center Supervisor

  Chinafloors was founded in 2004 as a Belgian - Taiwanese joint venture, producing solid and engineered wood as well as laminate and vinyl flooring. • Based in factory to take care of manufacturing cost including material, labor and overhead by analyzing variations of actual vs standard cost • Supported manufacturing GM to make CAPEX decisions through cost and payback period simulation and worked cross-functionally to identify saving opportunities • Worked with sales and planning teams to work out the quotations on stock consumption and promotion projects. Show less

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  Carrefour China

  Feb 2015 - May 2018

  • Led to set up the financial infrastructure of new convenience store format, requiring financial expertise from system, control, reporting to investment assessments • Responsible for BU full P&L budget planning and performance review (70 stores in 2017) • Developed and integrated four-year strategy plan with cross functional teams under rapid store expansion, calling out financial risks and opportunities for improvements• Provided insights to support new store opening location selection decision making through investment plan evaluation, P&L, payback period, cashflow and NPV simulation together with expansion, survey and investment teams (100 projects in 2017)• Set up internal control procedures, such as asset purchase and receive procedure, store KPI bonus scheme, and led shopping card and third-party payment card implementation (brought 10% of sales) Show less

  • Finance Manager - Easy (FP&A)

    May 2016 - May 2018

  • Merchandise business controller- Textile

    Feb 2015 - May 2016
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  The LEGO Group

  Jun 2018 - Nov 2021

  Finance Manager

  FP&A:• Looking after overall China and channel level financials and leading rolling forecast and review to provide financial insights, trigger actions and enable financially sustainable growth (over-delivered 2020 EBIT target)• Pioneered legal entity governance process setup in China, including P&L and cashflow forecast / tracking and compliance process to facilitate TPA, discovering risks and issues and triggering various accounting and tax process improvements• Created standardized dashboard by integrating various data sources, and automated channel P&L by working with multi-functional global teams (BPI, corporate finance, operation) to clean up master data hierarchy structures. Leading Global projects: • Successful MRM (global marketing management system) rollout by understanding end to end process, reports and calling out potential compliance risks to support trainings and ensure smooth transition as finance go-to-person, which was highly recognized by Global team.• Driving procurement cost saving projects to from ideas/opportunities brainstorming, identifying pipelines, fleshing out actions, to pushing forward saving delivery. Overachieving saving target in the past years (5m and 10m savings in 2019 and 2020).Offline channel FBP:• Trade contribution / rebate control from contract, credit risk review to budget planning and reimbursement process management• Systemized and standardized new store opening / store renovation approval process and by taking learnings from historical performance review collaborating with sales and retail marketing teams Marketing FBP:• Bringing financial insights through campaign/investment project ROI effectiveness analysis• Improving budget control and management (reduced actual vs budget variance from 20% to 2%) and identifying risks and opportunities• Increasing channel data visibility to bridge between sales and marketing teams Show less

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  L'Oréal

  Mar 2022 - now

  Senior Finance Manager