Manager Real Estate

yuklun Chiu

Email: *********@********.***

Address: *** **** ******

City: Belmont

State: MA

Zip: 02478

Country: USA

Phone: 617-***-****

Skill Level: Management

Salary Range: $80,000

Willing to Relocate

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

SENIOR MANAGEMENT - FINANCE MANAGER

CAREER SUMMARY

As Deputy General Manager of Finance for the Joint Venture companies - Dupont Hua Jia Chemical Co. Ltd and Dupont Dongguan Performance Coatings Co. Ltd.:

* Successfully built local management team and achieved operating profits in 2009 for USD $11 million. Despite the financial turbulence and recession, the team concentrated on maintaining the JV`s market share while also taking advantage of lower material costs. As a result of our efforts, we were able to create the highest operating profits of USD 11 million for the Joint venture organization.

* Centralized the funds in various companies and branches of the JV organization. Established a central cash pool, centralized the management of funds and as a result the company was able to pay off external loans by RMB 47 million (USD $7 million) and also enabled the distribution of dividends of RMB 52 million (USD $8 million). Launched the first financial derivative tools in the JV organization in addition to creating the first financial arrangement of this kind in China`s, AnHui Province, Huang shan city with branches in Dongguan, Shanghai, Cheng Du and Shan Dong. Our efforts improved the liquidity of the various branches and companies within the JV organization.

* Identified the reporting GAAP differences between the US and PR China and shortened the month end closing timeline.

* Set up a credit team within Dupont Hua Jia Chemical, effectively reducing the past due percentage rate and accounts receivable by an average of USD $5 million.

* Strengthened internal controls awareness, incurred no repetitive audit findings in both sales and production processes.

As Executive Finance Professional in the Ascendas China Ltd., my activities were focused on real estate investment. Demonstrated my ability as a change leader from real estate developers to founders of real estate funds.

* Engaged in the acquisition and investment evaluation of Sales & Purchase contracts, JV contracts and loan contract negotiations.

* Highly skilled at quickly establishing rapport with all levels of colleagues and customers, enabling me to obtain the support from both internal and external stakeholders and also to be able to implement the capital restructuring which previously had never been achieved.

COMPETENCIES

Adaptability / Flexibility: Evaluated and selected individuals to set up a new credit team in a JV company to improve the Accounts Receivable results. Worked closely with the sales team, the general manager and the regional business leaders and eventually resolved the impediments without losing sight of the business principles.

Leadership: Established the finance teams in various cities in China; and as a result, management was able to keep track of their investments and project running costs.

Initiative: Unified the accounting software in all related companies within China which lead to the result of uniform reporting systems.

Skills: Excellent knowledge of Income Tax rules and regulations enabled the company to avoid the income tax losses by approximately USD $3 million. Accomplished this by requesting contractors to issue their invoices to the company for all development jobs, according to payment status. Previously the invoices were issued only at the end of the project. Without proper invoices, the project costs incurred were not able to generate income tax deductions.

Co-Ordination: Within any business project, great diplomacy skills are required to keep people productive and feeling valued. If problems cannot be avoided, adept conflict resolution skills are essential. The successful outcome of any project`s multi-faceted activities require impressive tact and respect are invaluable sills that are intrinsic to a successful outcome.

PROFESSIONAL WORK HISTORY

Dupont China Holding Co. Ltd.

JV Company

Huang Shan City, Anhui Province

China Deputy General Manager - Finance 2007 - 2012

* Enhanced the internal controls environment, ceased to experience repetitive internal audit findings in sales and production processes.

* Ensured corporate governance compliance by conducting training and reviewing day to day reimbursement claims.

* Initiated product margin analysis. Enabled management to focus on lower margin products and introducing requirements that improved product margins.

Ascendas China Ltd.

Suzhou and Shanghai

China Deputy General Manager - Finance

1996 - 2007

* Established creation of five Accounting offices in China cities, trained staff to achieve their required core competency levels and enhanced their ability to work independently.

* Lead individual in achieving a significant bank loan for the China office. The loan was intended to enable the development of an office, for real estate development, and ensured there would be no cash shortages, total loan amounted to USD $60 million.

EDUCATION AND CERTIFICATIONS

Hong Kong Polytechnic University

Hong Kong / PR China

Endorsement Certificate: Accountancy *

(* Achieved all three levels of the Accountancy program for this University)

ASSOCIATIONS / AWARDS AND AFFILIATIONS

* Member of Hong Kong Institute of Certified Accountants

* Fellow member of Association of Chartered Accountants

PERSONAL INFORMATION

Nationality: Singapore U.S. Green Card: Issued on 07/22/2009

Languages: English, Chinese: Mandarin & Cantonese Computer Skills: MS Office Suite, Minitab

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