
Seow Kin Boey
Audit Senior

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About me
Head Of Finance (SEA) at Demant
Education

Monash University
1996 - 1998Master's Degree Master of Business (Accounting)
The University of Western Australia
1990 - 1992Bachelor's Degree Bachelor of Commerce
National University of Singapore
1999 - 2001Master's Degree Master of Science (Applied Finance)
Experience

KPMG Singapore
Nov 1992 - Apr 1995Audit SeniorResponsibilities • Led, supervised and participated in numerous audit engagements teams, management reviews, tax teams and business improvement activities for medium, large, multinational and publicly listed clients in the manufacturing, advertising, oil trading, retail and transportation industries.

Philips
May 1995 - Apr 1997Business Unit ControllerResponsibilities • Provided product profitability analysis to support business unit decision-making. • Prepared monthly and quarterly reporting to Netherland. • Analysis of month end results and variance and reports to Asia Pacific Offices in Hong Kong.• Prepared quarterly forecast and annual budget. • Involved with quality improvement projects.

Eastman Chemical Company
Apr 1997 - Nov 2000Senior Cost AccountantResponsibilities • Reported to Finance Director in Singapore.• Part of the implementation team to set up the financial operation for Singapore manufacturing plant in Jurong Island. • Preparation of monthly closing and reporting to the US head office.• Coordinated and supervised the internal shared services team for financial processing and reporting.• Led the budgeting and forecasting processes. • Analysis cost variance.• Review of internal control.• Liaison with auditors, bank and tax office. Show less

Enthone
Nov 2000 - Apr 2004Finance and Administration ManagerResponsibilities • Reported to Finance Director in Singapore.• Responsible for Accounting, Supply Chain, HR, Purchasing and Administration Division.• Preparation of monthly closing and submission of reports to Corporate Head Office.• Reviewed and analysis of monthly sales, liquidity and financial reporting.• Assisted the Finance Director in consolidating and coordinating with all Asia Finance managers.• Championed the budgeting, forecasting and monthly/annual closing processes in collaboration with stakeholders.• As a Six Sigma Finance Green Belt, I partnered with respective department heads in Six Sigma projects and process re-engineering to implement and monitor cost saving measures. • Monitored and control of expenses against benchmarks. • Liaison with external, internal auditor, banks, taxation offices and other regulatory departments. • Ensured compliance with all statutory requirements of the company is met (tax/legal/annual). • Effective management of inventory, fixed assets, intercompany, receivables and payables.Achievements• Part of the core team, in collaboration with US IBM team to implement ERP system (JD Edward) in Asia.• Involved in a merger with another Cookson company.• Acted as SOX champion to ensure mandatory controls implemented, properly documented and reviewed in compliance with SOX requirements.• Performed a detail analysis on the impact of switching existing full absorption costing system to standard costing system.• Implemented cost saving initiatives to reduce costs inefficiencies thru six sigma projects. Achieved $300k saving per annum through revised wastewater treatment method.• Successfully represented Singapore in the cross-divisional Freight negotiation project by leveraging on Cookson group volume and scale to obtain optimal freight pricing. Show less

Philips
May 2004 - Dec 2005Regional Financial ControllerResponsibilities • Management of all finance operations for the Global Head Office. R&D division and its subsidiaries. • Consolidation of accounts, variance analysis and management reporting.• Led global financial planning and budget processes by setting global directions and deliverables to all reporting units. • Ensured compliance with corporate policies and procedures. • Collaborated internally with Product engineers in R&D milestones, projects development and costing review. Show less

II-VI Incorporated
Jan 2006 - Oct 2008Regional Financial Controller
Carl Zeiss Vision
Oct 2008 - Jan 2015Regional Financial Controller• Reported to the SEA Managing Director and functionally to CFO in Germany.• Led a team of 8 Country level Heads of Finance.• Accountable for the performance of the Africa, Asia & Middle East cluster, comprising 8 countries within the AAME Region (Singapore, Malaysia, India, China, South Africa, Japan, Korea and Thailand).• Directed each country’s financial activities and operational procedures to ensure the organisation’s profits are protected.• Provided strategic business partnership to Country Heads to identify growth and operational initiatives, to achieve optimal business growth, to identify business development opportunities and consult on channel and key account expansion.• Led major planning and budgeting process for the region and ensured alignment with Head Offices’ directions and deliverables. This process includes detail budget and business plan review, target setting, resource allocation and investment plans in collaboration with multiple stakeholders.• Control activities such as cash flow, investment policy, costing and expense control, audits and compliance, distributor’s contract administration and supply chain administration.Achievements• Led the project in closing Singapore manufacturing plant and transferred the production facilities to India.• Achieved S$1.1 million saving per annum through closing of Singapore manufacturing operation.• Developed and implemented in collaboration with German team, a customer profitability tracking system in both Singapore and Malaysia to identify potential growth opportunities.• Designed and implemented, in collaboration with Quality team, a new business process improvements resulting in new standard operating procedures/activities from initial order taking to manufacturing and to delivery of final product.• Partnered with Thailand team to set up new business model for Bangkok. This involved negotiation with the appointed Distributor, established processes and control, set up of ERP syst Show less

Future Electronics
Mar 2015 - Sept 2019Fnancial Controller, Asia Pacific
Demant
Sept 2019 - nowHead Of Finance (SEA)
Licenses & Certifications

ATO (Income Tax)
Singapore institute of Accredited Tax Professionals
CIA
IIA (The Institute of Internal Auditors)
CRMA
The Institute of Internal Auditors
CGMA
CIMA.webp)
ASEAN CPA
Institute of Singapore Chartered Accountants (ISCA).webp)
CA
Institute of Singapore Chartered Accountants (ISCA)
FCPA
CPA Australia- View certificate
.webp)
ISCA 20 Years Membership Milestone Badge
Institute of Singapore Chartered Accountants (ISCA) .webp)
Financial Forensic Professional (FFP)
Institute of Singapore Chartered Accountants (ISCA)
Languages
- enEnglish
- maMandarin
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