MR WONG KEONG FATT, DAVID

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Executive Summary

MBA Graduated with 10++ years’ experience in the areas of Finance, Treasury and Risk

Proactive, hands-on corporate planning, financial and treasury professional in Asia, EMEA and also South America Region, adept at implementing business improvement strategies, and enabling strategic decision making through the provision of informed advice

Personal Particulars

Date of Birth 19 November 1976

Nationality Malaysian/ NZ Permanent Resident

Contact Number +601*-*******/+861**********

Email acq8rb@r.postjobfree.com or acq8rb@r.postjobfree.com

Language Proficiency Bilingual in English, Mandarin and Malay Notice Period 1 month

Education

2003, Master Business Administration (Applied Finance) The Sydney Graduate School of Management - University Western Sydney 1999, Bachelor of Science in Computing (Hons)

Oxford Brooke University

Professional Experience

Jan 11 to Present Price Water House Coopers - Shanghai Senior Manager, Corporate Treasury and Risk

advisory

Provide a combination of business development and leading and supporting the delivery of complex and innovative solutions and also managed and build Treasury and Risk project team and prepared project deliverables and presentation reports to potential clients which specialist in Finance, Corporate Treasury and Risk for the following key solutions:

Deep process knowledge across Business Unit/Group Budgeting, Costing, Accounts Payables/Receivable, General Ledger and Treasury accounting standard

Proven track record of delivering Accounting, Finance and Treasury projects - minimised the impact on the business by ensuring a robust project plan, strong executive sponsorship, communication plan, staff retention plan and change control process were in place

Project Management activities such as: Data collection, process mapping, benchmarking, and KPI definition and reporting to support process re- engineering to meet client expectation

Analysing commodity and foreign currency risk and related strategies and process and implementing appropriate solutions

MR WONG KEONG FATT, DAVID

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Providing solution to client International cash and liquidity management, Financing, investment strategy including the payment factory, supply chain financing, Investment Strategies, funding strategy, banking management strategies and Treasury related processes

Helped client to setup and design new China finance including auto finance company establishment including application submission, TOM design. system implementation, policy and guideline writing, recruitment process, risk management policy, process and guideline, FX hedging process, modelling and policy etc.

Helped client setting up an international treasury centres, China finance company and in-corporate regional treasury services centre into Shared Services Centre.

Helped client to evaluating finance and financial risk and Treasury practices versus industry best practice and provide solution to client.

Analysis, design and implementing strategy to client including domestic and cross-border solution to meet client funding needs.

Project manager of Accounting Systems and Treasury Management System implementation. e.g. SAP FICO/TRM, Oracle Finance, Sungard, reveal wall street system. etc.

M & A (including pre & post deal) activities advisory

Helped client to developing Transfer Pricing/Financial Transfer Pricing and Tax planning policies and procedure.

Helped Client to developing and implementing cash forecasting i.e. daily, monthly and yearly.

Helped client to evaluating credit management risk versus industry best practice and provide credit risk management and supply chain financing solution to client.

Jan 10 to Dec 2010 PURECIRCLE LIMITED

Group Manager, Corporate Planning and

Treasury

Provide to the senior management valuable commentary on issues identifies and recommending key action plans to achieve the deliverables that are in line with the Group's growth strategy

Responsible for strategic capital planning to support Group business expansion

Responsible for periodic cash flows budget/forecast and active cash/debt management for the Group

Monitor and coordinate with business unit heads on deliverables against the cash budget and forecast, including effective credit control function

Active participation in negotiation of financing terms with onshore and offshore financiers

Well verse in Forex and hedging products, cash flow forecast and capital allocation to each business unit

Maintain cordial and good working relationships with the bankers Capable to devise treasury models, policies and processes

Attend to ad-hoc project assignment from time to time MR WONG KEONG FATT, DAVID

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Reason for leaving: Seek for better career advancement opportunities and exposure. Jan 08 to Dec 09 FREESCALE SEMICONDUCTOR MALAYSIA

Acting Asia Treasurer

Responsible for the Asia management and operations of finance and treasury in the scope of Liquidity Management, debt financing, interest rate risk, cash management, currency risk management, Strategic Investments, inter-company and External Loan, Dividend payment and banking relationship

Total 8 Countries under his supervisory are Japan, Taiwan, Korea, China, India, Hong Kong, Malaysia and Singapore

Liquidity Management:

Coordinate preparation of cash forecasts for entities within the region

Work with the in-house bank and third-party banks to ensure that each entity has sufficient funds for operations

Arrange for and manages local/regional credit facilities as needed

Determines investment strategies for entities with excess cash Cash Management & Operations:

Design and implement all cash management and bank account structures within the region in cooperation with local management

Monitor the balances in all accounts within the region to ensure efficient utilization of cash

Review all local bank account reconciliations

Manage master/parent bank accounts within regional pools

Ensure local entity compliance with corporate cash collections, concentration and disbursement policies

Project lead to setup Global Shared Treasury Services operation and also group payment factory

Currency Risk Management:

Formulate of Asia Foreign Exchange and interest exposures strategies and responsible for the execution of these strategies

Provide analysis on Foreign Exchange market and recommend hedging strategy for currency exposure in Asian entities.

Review hedge accounting and related documents for hedging transactions.

Liaise with banks on ISDA documentation as well as to set up necessary derivatives line required. Total Asia derivatives lines is USD 230 Million Strategic Investments:

Evaluate and recommend capital structure plans for assigned region to the Corporate Treasurer for approval

Work with Tax Department to develop appropriate long-term capital structure plans for each assigned entity

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Coordinate the funding of strategic investments within the region

Manage Japan Pension Funds of total portfolio of over JPY 6 Billion Strategic Loan Management:

Manage and debt structuring of total portfolio of over USD 500 Million and JPY 20 Billion loan

Manage cross currency swaps of USD and JPY loans portfolio

Manage and negotiate the external loan for Investment purpose

Review and execute the loan agreement for Inter-company and External Bank Bank /Government Relationships:

Manage main regional bank relationship(s) and selects local banks in jurisdictions as necessary

Manage good relationship with regional centre Bank e.g. China SAFE, Bank Negara Malaysia, India Centre Bank, Bank of Korea

Approve/establish bank accounts within the region

Work with local management to identify and implement required banking services

Establish and manage the bank fee budget within the region

Represent other corporate treasury and credit functions within the region Treasury Policy and SOX Compliance:

Formulate and implement Treasury Policy and align with corporate policy

Review and re-engineer processes and ensure compliance with internal control and SOX compliance

Cash repatriation/Dividend:

Work closely with the Corporate Tax Department and Asia Controller for Asia region cash repatriation/Dividend payment activities Add-hoc project

Project Member of Asia Fulfilment Centre (Asia Supply Chain Centre) Setup in Malaysia

Sungard Treasury System Implementation

Mergers and Acquisition:

o India Software House

Core Team Member

Responsible for all the finance and banking matter o Telecommunication Semiconductor

Team Member

Responsible for all the finance and banking matter Nov 99 to Dec 07 INFINEON TECHNOLOGIES MALAYSIA

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Sep 03 to Dec 07 Manager, Finance & Treasury

Responsible for the departmental operations and management of finance treasury in the scope of debt financing, interest rate risk, cash management, Forex management, currency risk management, banking relationship and insurance risk management

Treasury Policy and SOX Compliance:

Formulate and implement Treasury Policy and align with corporate policy. Set-up local Shared Finance & Treasury Services Centre

Review and re-engineer processes and ensure compliance with internal control and SOX compliance

Cash Management & Operations:

Manage monthly working capital of Euro 25 Million (equivalent RM115 million)

Develop and design efficient and effective daily monitoring cash flow through local and cross border cash pooling

Monitor daily monitoring cash flow through local cash pooling

Prepare and execute payment in form of RENTAS, SWIFT and GIRO and undertake bank reconciliation

Liquidity Management:

Review liquidity forecast accuracy and suggests recommendations to narrow the variances

Prepare and analyze liquidity forecast for Treasury and Working capital committee

Review and analyze liquidity forecast and present to Treasury and Working capital committee and recommend strategy to optimize liquidity and mitigate currency risk exposure

Bank /Government Relationships:

Successfully obtain pioneer approval from Bank Negara to implement Cross Border Cash Pooling and hence reduce overall group and local entity working capital funding cost

Review and negotiate banking facilities, banking fees, loan structuring and documentation negotiation and e-banking platforms and evaluate banking relationship periodically

Review and negotiate banking facilities, banking fees, loan structuring and e- banking platforms and evaluate banking relationship periodically

Prepare and submit applications and reports to Bank Negara on matters related to Exchange Control

Currency Risk Management:

Manage cross currency swaps of USD and RM loans portfolio MR WONG KEONG FATT, DAVID

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Monitor foreign exchange development and using hedging instruments such as netting, outright forwards and FX options to mitigate the currency risk. Successfully obtain exceptional approval from Bank Negara to do internal swaps for EUR/USD and EUR/JPY, hence reduce hedging transaction costs for group and local entity

Manage total notional FX lines of RM250 million and negotiate ISDA documentation

Monitor foreign exchange development and using hedging instruments such as outright forwards and option to mitigate the currency risk

Prepare FX valuation report and support cost controllers on FX impact for budgetary planning

Strategic Loan Management

Manage and debt structuring of total portfolio of over Euro 250 million, USD250 million (equivalent total RM2.1 billion) and RM100 Million loan Insurance Risk Management:

Review annual insurance risk coverage together with facilities department to maximize cost savings on insurance premium. Identify insurance risk management on quarterly with safety health and environment department Other

Knowledge in SAP and Treasury system applications and also key users to perform the UAT related to treasury new application roll-out

Prepare and monitor departmental budget

Add hoc project for MALAYSIA INVESTMENT DEVELOPMENT AUTHORITY(MIDA), MALAYSIA MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (MITI) project

Develop and provide guidance to subordinates on the career development

Malacca Shared Services Center (SSC) setup core team member. Nov 99 to Sep 03 Senior Executive, System Analyst

Responsible for SAP FI/CO 1st level and 2nd level support (Project Team Member 2 full cycle of SAP upgrade)

Responsible for Hyperion Enterprise and Hyperion Financial Management application software development and application support (Project Lead for Hyperion Upgrade for Asia Pacific)

Responsible for Business Object 1st level and 2nd level Support

Responsible for Internet and Intranet 1st and 2nd level Support

Responsible for Electronic Scrap tracking Record application development and application support (Project Lead for this Project)

Malacca Information Security Associate members

Other ad-hoc issues/project related to SAP FICO and Financial matter MR WONG KEONG FATT, DAVID

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In-house Facilitator:

Conduct Leasing Seminar for Infineon cost controllers, planners and buyers

Conduct Financial Accounting Seminar for Engineers

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