Sam Sheng

Experience

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  Deloitte

  Jul 2007 - Jun 2012

  Senior Auditor

  Focused in manufacturing industry. China CPA. Familiar with US GAAP, IFRS, and cost accounting.· Lead a team to conduct financial audit projects for various MNCs, SOEs and listed companies. · Review financial statements in accordance with PRC GAAP, IFRS and US GAAP· Evaluate internal control system and processes by performing walkthroughs and control testing· Present audit issues, propose remediation plans and prepare audit reports to management· Participate in IPO and M&A audits by conducting financial due diligence and other special tasks Show less

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  Hutchison Ports

  Jun 2012 - Feb 2015

  Manager - Accounting

  · Supervise 3 management accountants to ensure accurate and timely reporting and forecasting to HQ. · Liaise with JV partner on a day to day basis to build trust and maintain good relationship · Perform Company Secretarial work for JVs’ board of directors. Prepare bilingual board papers and minutes · Involve in legal, taxation, corporate finance and banking matters. · Helped to complete various entrusted loans to shareholders and capital reductions which approval is discretionary by government and returned billions of excess cash to shareholders. Show less

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  United Technologies

  Feb 2015 - May 2018

  Manager - Internal Audit - Asia Pacific

  · Lead and conduct financial/operational audits for UTC entities throughout APAC (>US$13 billion revenues) · Coordinate with audit leadership and auditees across planning, fieldwork, status calls and reporting phases-Assess risk of key business processes by interview and data analytics resulting in the risk-based audit scope-Walk through significant processes and test key controls to identify internal control weaknesses -Discuss potential findings with local management and controller team for alignment -Prepare clear, concise audit report and present audit conclusions and recommendations to senior leader-ship· Partner with Corporate controller team on improvements of accounting, tax, control processes Show less

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  Pratt & Whitney

  May 2018 - now

  Report to CFO, P&W Shanghai Engine Center (a $500M+ Sino-US JV), with responsibility for FP&A, Accounting, Tax, Treasury, Internal Controls, leading a team of 10+ staff, including outsourced shared service team with Accenture. · Oversee accounting operations, control systems, transaction processing, policies and procedures. · Coordinate US & Local GAAP reporting, external & internal audits, SOX assessments · Lead month-end close and review financial & operational metrics with management · Develop annual operating plan and periodic forecasts aligning with strategic initiatives · Partner with Commercial / Operations team to drive margin expansion and cost reductions· Provide financial analysis for capital investments, contracts and various business decisions · Monitor cash collections and payments, liaise with banks to sustain healthy cash flow · Manage tax, insurances, foreign currency to ensure compliance with local regulations · Liaison with JV Board, US HQ and Singapore regional office to support various reporting Show less · Rotated from UTC Internal Audit to Pratt Whitney Shanghai Engine Center as FP&A manager. Promoted to Senior Finance Manager after 1 year. · Lead monthly financial performance review and rolling forecast · Develop annual operating plan and periodic forecasts with alignment to strategic initiatives· Partner with Commercial / Operations team to drive margin expansion and cost reductions· Provide ad-hoc financial analysis to support business decision· Improve forecasting processes and financial modelling. Show less

  • CFO - P&W Shanghai Engine Center

    Jun 2022 - now

  • Senior Finance Manager

    May 2019 - Jun 2022

  • FP&A Manager

    May 2018 - May 2019