Hai Peng New

Experience

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  Board of Commissioners of Currency

  Aug 1993 - Feb 1995

  Internal Auditor

  - Conduct operational and financial audits- Review and refine audit programs- Develop audit programs for a new coin processing center- Nominated by the Board to represent Singapore in the "Ship for South East Asia Youth Program" (SSEAYP) in 1994

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  NatSteel Electronics Ltd (Acquired by Solectron Inc. in 2001)

  Feb 1995 - Jan 2002

  Financial Controller

  Financial Controller, Singapore May 2001 to Jan 2002Senior Finance Manager, Batam Jul 1998 to May 2001Finance Manager, Guadalajara Mar 1997 to Jul 1998Senior Corporate Accountant, Singapore Sep 1996 to Mar 1997Senior Cost Accountant, Singapore Apr 1996 to Sep 1996Cost Accountant, Singapore Jan 1996 to Mar 1996Accout Payable Accountant, Singapore Feb 1995 to Dec 1995- 4 promotions in 6 year, from an Account Payable Accountant to a Financial Controller- Promoted to Financial Controller and relocated back to Singapore office to lead the post-acquisition integration process- Built finance team after severe post-acquisition attrition- Take dysfunctional Batam Finance Team to be one of the best team in the group- Build financial planning and analysis capability in Batam Finance Team- Seconded to Shanghai in 2000 to set up a new subsidiary to acquire the PCB manufacturing business from Kodak- Finance leader in ERP (SAP) implementation- Posted to Guadalajara in 1997 to head the finance head of the new manufacturing facility- Build a team to support the operation from scratch to 10 production lines in Guadalajara- Establish accounting procedures for a NPI(New Product Introduction) Center in San Jose- Responsible for group insurance coverage for NatSteel Electroncis- Collaborate with Account Management Team to establish project profitability review- Establish excess and obsolete material review procedures- Recover millions of dollars through Purchasing Price Variance review with Account Management Team- Establish reconciliation procedures for Account Payable sub-ledger- Resolve account payable matching disputes with vendors to ensure undisrupted supply chain- Clear long outstanding backlog in Account Payable Show less

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  HL Display Asia Pte Ltd

  Jan 2002 - Aug 2002

  Business Controller - Asia Region

  - Oversee the finance and adminstration functions of teh 5 sales companies in the region- Set up Sales Offices in Hong Kong, Taiwan and Malaysia- Establish business process procedures and financial management system for the region

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  Aztech Systems Ltd

  Aug 2002 - Oct 2002

  Financial Controller - EMS Division

  - Lead the finance team for the EMS division

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  Solectron Technology Singapore Pte Ltd

  Oct 2002 - Jul 2007

  Snr Financial Controller - Sub-Region, cum APAC Controller for Global Services

  Senior Sub-Regional Financial Controllercum Asia Pacific Controller for Global Services Jan 2007 to Jul 2007Sub-Regional Financial Controller Jun 2003 to Dec 2006Financial Controller, Shenzhen Oct 2002 to May 2003- 3 promotions in 5 years, - Responsible for US GAAP consolidation and local statutory reporting for all the entities in the sub-region- Ensure Sarbance Oxley compliance- Lead the respective financial planning and analysis teams in the sub-region- Appoint full time Finance Lean Champion to drive continuous improvement through LEAN methodology- Promoted to Senior Financial Controller in 2007, with expanded scope to include Asia Pacific Controllership for the Global Services business unit- Cover the role of North Asia Controllership from Sep 2005 to Jan 2006- Successful integration adn formation of Sub-Regional Finance organization for the acquired entities in Singapore, Johor and Batam- Re-organize Finance organizational structure with Customer Focus Team Leaders across multiple factories - Reduce Finance headcount costs by more than 20% through Shared Services, including Financial Accounting- Seamless implementation of succession plan for Head of Finance position for Singapore, Johor and Batam factories- Turn around loss making programs- Turn around loss making service repair operation in Australia- Resolve Supply Chain issues, involving key suppliers and customers, in Shenzhen- Drive inter-department collaboration in Shenzhen Show less

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  Teleplan Services

  Jul 2007 - Mar 2008

  Global Business Unit Controller - Mobile Services

  - CFO for the business unit, partner the business unit President in driving business performance- Drive the efffort to resolve regulatory challenges faced by the Shanghai factory- Set up repair operations in Singapore and Indonesia(Jakarta) for a global mobile phone brand

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  ESAB Asia Pacific Pte Ltd

  Apr 2008 - Oct 2011

  Regional Financial Controller

  - CFO for the region, partner the Regional MD in driving business performance- Drive change in organization behaviour to accept Finance as key business partner- Build Financial Planning and Analysis capability in Finance- Lead business process development in the region- Re-align short-term and mid-term business objectives during the 2008 financial crisis- Drive initiatives to reduce operating expenses by 20%- Establish Transfer Pricing Documentation for the region- Set up Sales Offices in Japan, South Africa, Thailand and Australia- Establish terms of contract with key customers to address steel price fluctuation Show less

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  Euroswift Retail Creations Pte Ltd

  Nov 2011 - Nov 2015

  COO

  Part Business Owner- Oversee Supply Chain Management, Administration and Finance- Win major tenders with key retailers in the region- Set up sales offices in Indonesia, Malaysia, Thailand, Hong Kong and China- Awarded Promising Emerging Enterprise in 2013