Plant Controller
Westlake Canada
Total des années d'expérience :10 years, 4 Mois
Managed the budgeting and forecasting process of the plant
Reported on the monthly performance of the plant for the management by analyzing variances
Set up standard cost roll up annually
Ensured intercompany reconciliations are performed at month end.
Ensured month end is completed by Day 4.
Assisted management in implementing SAP and blackline system.
Prepared budgeting and forecast for the two plants based in Canada and int he US.
Managed treasury and coordinated with head office for hedging currency.
Prepared monthly financial statements and analysed variance for management.
Set up standard costing annually.
• Prepared quarterly and annual Financial Statements for external reporting
• Responsbile to prepare reports requested during Internal and External Audit. Prepared audit schedules for quarterly and yearly financial audit
• Prepared combined in-house financial statement and reported on variance identified in combined sales
• Prepared monthly and weekly ad-hoc reports as per the guidelines of the parent company.
• Running and settling COPA (“Profitability analysis”) in SAP financials. Reported on product and customer profitability.
• Prepared weekly and monthly cash flow forecast
• Analysed expenses accounted in Selling and Administration cost. Identified variance and reported to management with reasons.
• Analysed variance in sales and reported to management on significant deviations.
• Asset accounting - ensured proper documentation and approval is available before assets are capitalized.
• Coordinated with banks to obtain finance through factoring and discounting receivables. Liaised with relationship manager to obtain favorable exchange rates when transferring funds between different currencies.
• Inventory control and reporting on obsolete stock.
• Ensured all control account is reported zero and explain reason if there is any balance.
• Prepared reports for discussion during weekly and monthly meeting with Chief Financial Officer.
Understanding the process under review by identifying the activities performed, people involved, data input, and reports generated through interviewing and performing walkthrough
• identifying the process-level risks
• assessing the availability of controls
• planning the tests for control effectiveness
• performing the planned tests and documenting the results
• discussing the possible alternative recommendations
where in the report i proposed the adequacy of effectiveness to mitigated the purported risks, identification of implementing authority, and timeline to complete implementation, alternatives for management discretion, avoidance of non-value adding controls, and the industry wide best practices which were bound to certain standards as with the KPMG’s internal audit methodology.
Developing audit procedures and programmes for many types of organizations operating in various industries including construction, manufacturing, trading, hotels & resorts, printing, shipping, commercial banks, finance companies, travel and tour operations & non-governmental organizations
improving the efficiency and effectiveness of key business processes
Obtained Second class Upper Grade
Achieved a GPA of 3.02 (Second Class Upper) Participated in the National Swimming Meet and achieved awards for best swimming.
