Soon Ann Neo

Experience

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  The Ascott Limited

  Sept 2009 - Oct 2012

  Finance Manager

  Responsible for:• Timely & accurate preparation of monthly accounts in respect of 1 local service residence, 2 investment holding companies and 1 management company.• Compile monthly cluster report for Singapore Operations 8 properties.• Review and submit quarterly GST returns to ensure compliance with GST regulations in respect of 1 service residence.• Collate and compile yearly Budget Review for 8 properties.• Internal control review and compliance checks for 8 properties.• Assists Financial Controller in various reporting compliance to holding company.• Assists in financial system (Oracle R12) implementation.• Prepare year end Statutory Financial Accounts.• Prepare and submit Tax Returns for corporate taxation.• Liaise with Internal Auditors on all matters pertaining to compliance and control issues.• Liaise with External Auditors on all matters pertaining to year end audits.• Liaise with IRAS on all tax matters pertaining to corporate taxation and GST issues.• Managing a team of accounts staff (4 direct reporting staff and 16 indirect reporting staff) to ensure smooth running of all accounting functions and timely closing of monthly accounts.• Provide training and orientation lectures to new staff or management trainee.Achievements:• Enhance internal control compliance through implementation of checklists and regular review with operation staff.• Automating various reporting requirements and thereby improving accuracy and efficiency of reporting.• Improve staff morale and minimize staff turnover through portfolio re-balancing, regular consultation, providing relevant training, performance review and identifying career path. • Enhance management decision making by fine tuning reports and introducing financial and management statistic. Show less

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  ERA Singapore

  Oct 2012 - Apr 2013

  Real Estate Salesperson
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  Accor

  Apr 2013 - Jan 2015

  Financial Controller

  Lead the finance team in ibis Singapore Novena, a 241 rooms hotel managed by Accor and owned by a trust fund of Keppel Group.Responsible for:• Report directly to General Manager of hotel and dotted reporting to Regional Director of Finance.• Lead a finance team of 4 staff on all hotel financial matters to ensure smooth running of all accounting functions and timely closing of monthly accounts.• Relationship management with owner.• Present and discuss monthly management report to owner.• Support General Manager in decision making through provision of financial and non-financial analysis. • Review efficiency and effectiveness of processes to enhance cost control and improve GOP.• Review and submit quarterly GST returns to ensure compliance with GST regulations.• Collate yearly Budget.• Present and negotiate Budget with owner.• Internal control review and compliance checks.• Liaise with Internal Auditors on all matters pertaining to compliance and control issues.• Liaise with External Auditors on all matters pertaining to year end audits.Achievements:• Successfully implemented several costs cutting measures which resulted in achieving GOP above budget by 6% despite Revenue was above budget by only 1%.• Stabilized staff turnover and improved staff morale during change of owner through regular consultation, recognition of staff contribution, job redesigning, performance review, providing relevant training and identifying career path.• Automating various reporting requirements and thereby improving accuracy and efficiency of reporting.• Earning the trust and respect of GM, owner and staff. Show less

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  ICP Ltd

  Jan 2015 - Jun 2015

  Group Financial Controller

  ICP Limited is a company listed on the SGX and whose core business is owning and operating hospitality assets such as Travelodge.Responsible for:- Report directly to Chairman of ICP Ltd and Managing Director of Travelodge Pte Ltd.- Prepare consolidated financial statements and financial reports for ICP Ltd.- Responsible for ICP Ltd subsidiaries entity accounts.- Assist in evaluating potential acquisitions, leases, management contracts and franchise agreements.- Create and implement internal control policies and procedures for Finance functions both at corporate level office and hotel level.- Liaise with auditors, suppliers, OLTAs, regulatory agencies.- Assist in promoting Travelodge brand through management contracts and franchise models.- Liaise with sponsor on SGX listing compliance matters.- Present group accounts in board meeting.Achievements:- Created a comprehensive internal control policies and procedures for corporate office and hotel level.- Consolidated and presented year end group account Show less

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  Accor

  Jul 2015 - Dec 2017

  Financial Controller

  Lead the finance team in ibis Styles Singapore on MacPherson, a 298 rooms hotel managed by Accor.Responsible for:• Report directly to General Manager of hotel and dotted reporting to Regional VP of Finance.• Part of the hotel pre-opening team and responsible for setting up the whole spectrum of financial systems including the internal control policies and procedures, reporting systems, system implementation for accounting, purchasing, payroll, F&B POS, and hotel management system. • Recruited and lead a finance team of 6 staff on all hotel financial matters to ensure smooth running of all accounting functions and timely closing of monthly accounts.• Relationship management with hotel owner.• Present and discuss monthly management report to owner.• Support GM in decision making through provision of financial and non-financial analysis.• Acting GM and in-charge of hotel operation when GM is overseas.• Review efficiency and effectiveness of processes to enhance cost control and improve GOP.• Review and submit quarterly GST returns to ensure compliance with GST regulations.• Collate and compile pre-opening Budget and operating Budget.• Present and negotiate Budget with owner.• Internal control review and compliance checks.• Liaise with Internal Auditors on all matters pertaining to compliance and control issues.• Liaise with External Auditors on all matters pertaining to year end audits.• Liaise with merchant bank on charge back matters.Achievements:• Successfully implemented various financial systems and opened the hotel on 3 Apr’16.• The only department to achieve zero manpower turnover since pre-opening.• Managed to continue to close the account on time despite the accountant going on maternity leave shortly after the hotel commence operation and the team was still new to various reporting requirement and tweaking of systems. Show less

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  Oakwood

  Dec 2017 - Apr 2021

  Responsible for:• Report directly to General Manager of hotel and dotted reporting to Regional VP of Finance.• Lead a finance team of 4 staff on all hotel financial matters to ensure smooth running of all accounting functions and timely closing of monthly accounts.• Lead IT and purchasing staff.• Relationship management with hotel owner.• Present and discuss monthly management report to owner.• Support GM in decision making through provision of financial and non-financial analysis.• Acting GM and in-charge of property operation when GM is overseas.• Review efficiency and effectiveness of processes to enhance cost control and improve GOP.• Review and submit quarterly GST returns to ensure compliance with GST regulations.• Collate and compile operating Budget.• Present and negotiate Budget with owner.• Internal control review and compliance checks.• Liaise with Internal Auditors on all matters pertaining to compliance and control issues.• Liaise with External Auditors on all matters pertaining to year end audits.• Liaise with merchant bank on charge back matters.Achievements:• Successfully led the team to transit from serviced apartment to hotel.• Implemented dozen of costs saving initiatives which helps the property to achieve GOP exceeding 2018 Budget by 20%.• Instrumental in ensuring the sales of property between OUE and FEC went through successfully. Show less

  • Hotel Manager

    Sept 2020 - Apr 2021

  • Executive Assistant Manager

    Dec 2019 - Sept 2020

  • Financial Controller

    Dec 2017 - Dec 2019
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  Dusit Thani Laguna Singapore

  Apr 2022 - Nov 2023

  Director of Finance

  Lead the finance team in Dusit Thani Laguna Singapore, a 198 rooms luxurious resort hotel resided in an award-winning international golf course. It has 12 F&B outlets serving wide range of cuisine ranging from Thai to international cuisine.Responsible for:• Report directly to General Manager of hotel.• Dotted reporting to VP of finance in Dusit International.• Lead finance team of 7 staff on all Dusit Thani Laguna Singapore (DTLS) financial matters to ensure smooth running of all accounting functions and timely closing of monthly accounts. • Lead purchasing team of 4 staff to serve the purchasing needs of 5 entities in addition to DTLS.• Lead IT team of 4 staff to serve the IT needs of 5 entities in addition to DTLS.• Prepare manpower and P&L budget for DTLS• Prepare monthly forecast for DTLS• Prepare monthly financial report and present it to owner• Review and submit quarterly GST returns for DTLS• Internal control review and compliance checks.• Liaise with External Auditors on all matters pertaining to year end audits. Show less