TRUC HUYNH

Experience

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  HSBC

  Feb 2010 - Jun 2010

  Full-time Intern at Global Banking

  Full-time intern - Global Banking Department.• Supporting the team in daily operations: bank operations, business promotion • Consolidating financial analysis for team portfolio.

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  MUFG

  Feb 2011 - Feb 2016

  Senior Relationship Manager

  • Conducting excellently of periodical credit and financial analysis ( including Credit Applications, Borrower Ratings, Action Plan, etc) for over 40 credit customers on Loans, Forex Forward, Interest Rate Swap, Letter of Credit, Letter of Guarantee, etc. Extensively using of various market research, spreadsheets, reports, dashboards, horizontal and vertical analysis, working capital investigation, ratio analysis, building financial models, charts, data visualization and presentation to determine credit facilities, margin, bank fees, FX rate, other potential products and services.• Portfolio management including credit operation, contracts review, profitability analysis, sales and credit strategy. Portfolio profitability per 6 month term: $1.5Mio-$1.75Mio.• Business promotion with existing and new corporate customers on bank’s products and services, idenfifying profit generating initiatives and opportunities that improve outcomes. Numbers of customers: 100, in which 40 are credit customers of various industries.• Project leader of business promotion of deposit, cash collection services, trade finance ( Vendor Finance, L/C, TSU). Working on proposal to customers, meeting up with suppliers, coordinating departments for the new products/ services’ design, winning substantial contracts.• Managing daily banking operation of Corporate Banking Dept, collaborating and supporting various departments for the bank’s proper and efficient operation and customers’ satisfaction and accreditation. • Participating projects to improve the bank’s system ( DIET, OVS), operational enhancement, productivity upgrade, cost reduction, new products including Interest Optimization, Vendor Finance, eVFS, Deposit Guarantee, etc. with sufficient results.• Cooperating successfully with other branches ( Singapore, Japan, Manila, Jakarta) for business promotion, credit analysis and control, operation enhancement. • Training and supervising performance of three junior staffs. Show less

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  Good Day Insurance and Financial Services

  Apr 2016 - Sept 2017

  Accounting and Financial Specialist

  • Monitoring and evaluating the performance of company KPIs on regular basis, recommending solutions, performing monthly reviews of P&L and BS accounts, cashflow analysis, backlog analysis, offering financial insights to business decision. • Controlling accounting activities including month-end closing, bank reconciliation, processing sales orders, purchase orders, closing contracts, invoicing, account receivables, commission and sales incentive collection, account payables to ensure smooth cashflow, generating financial statements. • Interfacing with customers, vendors, banks, IRS, external auditor.• Developing internal control procedure, analyzing internal audit reports to recommend necessary changes for improving efficiency and access to opportunities.• Supporting in training, organizing and managing Accounting and Finance Dept. Show less

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  Devesh Pathak CPA

  Nov 2017 - Sept 2019

  Senior Accounting and Financial Analyst

  Devesh Pathak CPA April 2019 to September 2019Taxes USA CPA November 2017 to July 2018• Managing bookkeeping, month-end closing, bank reconciliations, payroll tax, sales tax, property and local taxes for a portfolio of 30 corporate customers.• Gathering and evaluating information regarding the customers’ business to produce analysis of historical data and to create projections of future trends.• Generating detailed cost monthly reporting (actual vs budget and forecast), highlighting fluctuation analysis and presenting customers.• Creating and delivering successfully the reports of pro forma statements, cost-driver analysis, cashflow analysis, working capital requirement, revaluation models, fixed-asset rollforward schedule, feasibility/cost-benefit analysis, variance analysis, business plan progression, rolling forecast, operating budgeting, capital budgeting, ad-hoc request to inform, influence and support customers’ business functions.• Coordinating with customers to on investment appraisal, building and analyzing Capex, discounted cash flow, NPV models, calculating of IRR, ROI for new projects, evaluating budgeting to assist customers in determining the investment decisions.• Recommending cost-saving initiatives and countermeasures, such as salary adjustment, human resource utilization, office expenses reduction, production expense cut, etc.• Supervising the accuracy, validity and integrity of financial reports, verifying margin data, creating graphs and charts information.• Filing approximate 100 individuals and corporates’ tax returns, including corporation federal tax, state and local tax, tax planning schedule within 4 months. • Supporting and advising customers in GAAP and IRS tax and accounting principles, incorporation, formation, capital structures, internal audit procedure, business process implementation. Show less

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  Gold Monkey LLC

  Jul 2018 - Sept 2019

  Senior Financial Analyst

  • Managing data retrieving and extraction from various sources, data validation, calculation, automation and data analysis on massive database for products selection, pricing, discount policy, minimum quota, profitability in short-term, long-term for the set up of https://www.waybuy.com/, a substantial e-commerce platform trading consumers’ products.• Analyzing costing data from multi suppliers, applying quantitative analysis, data mining, recommending pricing strategies to make company’s products more competitive and accessible against Amazon, Walmart, Target and other e-commerce players. • Creating sales and cost sensitivity analysis reports including Volume (V), Quantity (Q), Cost (C), Price (P), Discount (D) for each department, category, sub-category.• Set up accounting software (Quickbooks) with the creation of G/L accounts, transferred from current company’s to new company’s accounts, activating bank feeds, establish financial statements’ elements, set up cost centers, budget owner and recording, SKUs and data importing.• Providing analytical support and evaluating the feasibility, breakeven point, profitability of business development strategies, such as same-day delivery, free of membership, inventory storage, third-party vendors, etc.• Developing and implementing forecast and planning models on sales and profitability.• Business partnering with cross-functional teams (marketing, purchasing, IT, logistics) on statistical analysis for better effiency and cost control.• Establishing and maintaining reporting structure, including reports, dashboards, spreadsheets, charts and metrics, monitoring the integrity and validity of data. • Performing in-depth industry, market and competitors research, ad-hoc reports. Show less

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  Principle Information Technology (Principle InfoTech)

  May 2019 - Aug 2019

  Proposal Writer

  • Composing of responses to Request for Information (RFI), Request for Quote (RFQ), Request for Proposals (RFP) to bid for IT projects from government agencies. Project value ranges from US$1Mio-US$10Mio. Total responses completed: +100.• Ensuring the capacity and price competitiveness of the company in responses to RFI, RFQ, RFP through labor costing and sales target research and analysis. • Implemented GAAP and DCAA accounting principles in awarded projects.

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  The Lacquer Company

  Nov 2019 - now

  Finance Manager/Director cum Chief Representative

  • Leading a team of 10 employees in Vietnam and cooperate with overseas teams for a productive, cost-effective, streamlined business operation: Marketing & Sales, Supplies Chain, Production and Quality Control, Logistics, Operation, HR. • Mastering the finance of the Company, including US Company, UK Company and Vietnam Representative Office/Vietnam Subsidiary for the ultimate purpose: profitability maximization for the Board of Management.• Controlling all accounting bookkeeping activities in accordance with relevant regulations and generating financial reports on accounting, business performance, budgeting, cost control and cost-effectiveness analysis for all three companies. Working with vendors to maximize the cash-flow’s usage.• Controlling and supervising the costing: Capturing expenses to correct G/L accounts, categories, budget owners and functions, building cost centers for cost components, reporting the expenses by periods vs budget and forecast, by department, mapping accounts. Analyzing on the actual spending, justification and recommendation. Working with relate departments on cost-reduction initiatives and follow up. Generating documentations and working with suppliers to ensure all reasonable expenses are regulatorily incurred and be deductible. • Initiating the pricing through cost capturing and analysis, profitability target, variance analysis, competitors’studies and market segmentation research.• Inventory management through capturing inventory amount and quantities in three companies, stock aging reporting for inventory clearance schemes, FIFO implementation via collaborating with US-UK warehouses, inventory turnover set up.• Initiating and conducting sales improvement initiatives: data analysis on actual achievement vs budget and forecast, sold products analysis, R&D budgeting, revenue examination, supply chain’s strategic execution. Show less