Finance Director, MBA, US CPA

WILLIAM LEE Email: *******.*********@*****.***

OVERVIEW OF PROFESSIONAL EXPERIENCE

•Experienced in recreational club pre-opening, renovation project management, procurement, insurance, finance training and team building, IT & corporate risk management, contract review and negotiation

•4+ years with the New World Group to set up finance and procurement functions at Hong Kong Golf & Tennis Academy private club membership sports academy and oversaw finance & procurement operation

•Well versed in P/L forecast and chaired monthly P/L meetings with EXCOM and senior management • Corporate risk management, insurance procurement and claims filing, involved in crisis management and BCP

•Familiar with F&B recipe costing and cost control; outsource service contracts to save cost and monitor bottom club’s line

•Involved in payroll function and selection of causal labour management system and responsible for pre-approving casual labour requisition to enhance operation efficiency and cost control

•Accumulated 7+ years corporate planning & control experience with the Miramar Group in hotel and F&B division; involved in feasibility studies on pre-opening & renovation project and prepared ROI estimation

AWARDS & ACHIEVEMENTS

New World Development Ltd.’s Incubation Circle Recognition on ESG project - 2016

Best Business Forecast Hotel Award out of 125 Starwood Hotels in Asia Pacific - 2006

CAREER HISTORY

Plaza Premium Group (USA with airport lounges in Dallas, Virgin Atlantic Lounges in San Francisco, Washington, D.C., New York, New Jersey, and Boston) and over 200 airport lounges worldwide

Finance Director, USA (2022 – Present)

•Created finance and procurement policies and procedures

•Conducted monthly P/L meetings and analysed budget variance with BU’s improvement suggestions

•Fostered team building and conducted monthly financial management training to non-finance team members

•Supervised procurement team in purchasing and tendering as well as participated in price negotiation

•Provided justification with ROI on new airport lounges investment in USA region

Applewood & Company (Financial Planning Consultancy in HK and USA)

•Financial Planning Consultant (2019 – 2022)

•Provide project management planning support in ERP system selection and implementation

•Assist client in developing management and franchise agreement for F&B business expansion

•Advise on corporate risk management, financial planning and MPF selection

•Company formation for new business and tax planning

New World Property Management Co. Ltd. / Hong Kong Golf & Tennis Academy

Head of Finance & Procurement - EXCOM (2014 ~ 2019)

•Worked closely with project management and construction teams in pre-opening and estimated ROI

•Cash flow management and monitored membership fee collection and income recognition

•Created finance and procurement policies and procedures to implement internal control

•Budgeting, forecasting, CAPEX budget and appropriation, conducted monthly credit meetings

•Prepared monthly business performance report and presented to senior management at corporate office

•Conducted monthly P/L meetings and analyzed budget variance with BU’s improvement suggestions

•Fostered team building and conducted monthly financial management training to non-finance team members

•Supervised procurement team in purchasing and tendering as well as participated in price negotiation

•Provided justification with ROI and made presentation to New World Tender Board for purchases over $1M

Press Room Group (F&B Group with 12 restaurants, listed under Classified on HKSE)

Finance Director (2012 ~ 2014)

•Restructured group’s business entities to gear up for IPO and engaged Big 4 auditor to prepare for listing

•Full financial management responsibility, corporate finance & business development

•Responsible for company secretarial matters including board meeting minutes and annual returns filings

•Worked with lawyers on trademark registration for IP protection for franchise business

•Prepared opening budget for new restaurants and obtained all business licenses and insurance coverage

Miramar Hotel & Investment Co. Limited

Financial Controller – Greater China (2008 ~ 2011)

•Responsible for HK and China subsidiaries budgets and P/L performance review

•Structured JV, Franchise and management contract negotiation for new investment projects in HK and PRC

•ERP System Implementation, Risk Management & Treasury

•Responsible for financial support in pre-opening of group’s restaurants in Hong Kong and PRC

•Developed and maintained good rapport with hotel owners, negotiated taxes with PRC Tax Bureau

•Familiar with PRC State of Administration of Industry & Commerce and Foreign Exchange Bureau

Sheraton Hong Kong Hotel & Towers (JV Hotels of Starwood Hotels & Resorts)

Director of Finance (2006 ~ 2008)

•Full financial management responsibility included budgeting, business forecast, revenue management

•Oversaw payroll and procurement, risk management & insurance, conducted monthly P/L and credit meetings

•Responsible for CAPEX budgeting and submission, attended annual budget and board meetings with hotel owners

Henderson Miramar Hotel Management Co. Ltd.

Special Project Manager/AVP (2002 ~ 2006) – Hotel Operation & Control and Business Development

•Consolidated group’s business performance, oversaw hotel business unit’s internal control

•Ensured hotel operation complied with corporate finance policies, reviewed accounting records

•Attended Monthly / Quarterly meetings with managed hotel owner’s representatives

Deloitte Touche Tohmatsu – China Tax Specialized Services

Tax Manager (2000 ~ 2001)

•Devised tax planning and transaction support for local and multinational companies to minimize tax burden

•Provided recommendation in company restructuring exercise to achieve optimal tax efficiency in IPO

•Performed tax due diligence and aided clients in M&A projects

Swire Pacific Limited - Beverages Division, Hong Kong

Financial Controller (1999 ~ 2000)

•Consolidated HK, Taiwan, PRC, USA subsidiaries financial reports and reviewed accounting records

•Devised efficient income tax plans for corporate senior managers stationed in PRC and Taiwan

•Occasional travel to PRC to review internal control and tax issues for subsidiaries

Shangri-La Hotel, Beihai / Shenzhen, China

Financial Controller (1994 ~ 1999)

•Responsible for financial management, procurement, IT and taxation

•Set up task force for finance operation at the pre-opening for new hotels

•Experienced in working with the PRC State Administration of Foreign Exchange and Tax Bureau

EDUCATION

Master of Business Administration, Manchester Business School, University of Manchester, UK -2006 BSc. in Business Administration (Honours Accounting Prog.), San Francisco State University, USA -1990

PROFESSIONAL QUALIFICATIONS

Member of Hong Kong Institute of Certified Public Accountants (HKICPA) – Since 2000 U.S. Certified Public Accountant (Active CPA License) - Since 1994

COMMUNITY SERVICES & AFFILIATION

Maryknoll Convent School (MCS) - Secondary Section

Incorporate Management Committee (IMC) - Alternate Manager (2020 ~ Present)

•Attend IMC meetings with the school sponsoring body, principal, and school supervisor to provide support

•Liaised with school’s teachers and parents on school development matters

MCS Parent Teacher Association (PTA) - Treasurer (2019 ~ 2020)

•Prepared financial reports for annual audit and presented financials in the Annual General Meeting

•Attended PTA board meetings with school principal and teachers and appropriated donation to school

Manchester Business School Alumni Association (China) Limited

Vice Chairman (2019 ~ 2020) and Current Member

•Provided online presentation to alumni on corporate risk management, financial management and investment

•Worldwide Charity Run fund raising for overseas & Hong Kong alumni and local charity organizations

LANGUAGES:

English, Chinese (Cantonese & Potonghua)

AVAILABILTY:

One month notice

Contact this candidate