Summary
Overview
Work History
Education
Skills
Affiliations
Languages
Timeline
Generic

Grace Guo

Burwood

Summary

I am an accomplished finance professional with nearly 20 years of extensive experience in various financial roles, including positions within ASX-listed multinational corporations and public practice. Holding qualifications as a Chartered Accountant (CA) and a registered tax agent, I have built an exemplary track record of delivering comprehensive business and taxation advisory services, precise tax planning, meticulous financial report preparation, and strategic financial planning. My proficiency extends to optimizing business operations, fostering financial acumen among diverse stakeholders, and providing resolute financial leadership. Additionally, I possess expertise in devising and executing sophisticated risk management strategies. During my recent 5 tenure with an ASX-listed multinational organization, I further refined my skills, with a notable emphasis on strategic financial planning, budget management, and cash flow optimization. I have effectively executed risk management strategies, particularly in the intricate areas of Transfer Pricing (TP) and international tax compliance across multiple jurisdictions. My role entailed orchestrating seamless collaboration with the Chief Financial Officer, and overseeing a wide range of responsibilities, including advanced financial modelling, strategic corporate restructuring, liquidity and the development of sophisticated financial reporting templates. My multifaceted contributions extended to providing decisive financial leadership to the team and establishing strategic alliances with various operational departments, such as Sales, Supply Chain, R&D, Warehouse, and Logistics. In this capacity, I adeptly managed high-stakes interactions and partnerships to achieve strategic organizational objectives.

Overview

19
19
years of professional experience

Work History

Senior Group Financial Reporting and Tax Manager

Rectifier Technologies Ltd, Rectifier Technologies
06.2018 - Current
  • Ltd is an ASX-listed multinational corporation specializing in high-efficiency power conversion products
  • The company's R&D team has engineered innovative solutions for diverse industries, including the electric vehicle (EV) market and green energy sector
  • Key Achievements:
  • Spearheaded a strategic financial transformation by streamlining month-end closing processes for subsidiaries, reducing timelines from the end of the 3rd week to the 6th day of each month, and consolidating financials from the end of each month to the 12th
  • Implemented SAP BYD for the entire group toward the digital enterprise strategic goal
  • Implemented the Castaway forecasting system to meticulously manage group budgeting, forecasting, and liquidity, securing a 10 million standby credit facility by providing comprehensive 3-ways reports from Castaway to the Bank
  • Successfully transitioned the existing manual statutory reporting system to Accurri, ensuring precision and compliance
  • Enhanced international tax strategies, including Transfer Pricing (TP) documentation and localization for Malaysia, Singapore, and the Americas, employing financial modeling for ongoing Transfer Pricing adjustments
  • Navigated organizational transition from paper reviews to electronic processes, facilitating remote work arrangements
  • Orchestrated significant income tax benefits in Australia, Singapore, and Malaysia through the meticulous review and optimization of in-house tax processes
  • Automated and consolidated payroll systems across Australia, Singapore, and the United States onto the ADP Payroll global platform
  • Developed and implemented rigorous internal control policies, credit access parameters, and payment procedures
  • Ensured reporting accuracy by instituting timely reporting and accounting procedures, including the implementation of checklists, cross-review processes, and a global reporting task calendar
  • Key Responsibilities:
  • Led financial strategy by preparing monthly consolidated management reports in multiple currencies
  • Conducted extensive financial analysis and provided data-driven insights to support strategic decision-making
  • Oversaw the preparation of half-year and annual reports for submission to the ASX
  • Stayed abreast of IFRS updates and their implications for the business, including standards such as AASB 16 Leasing, AASB 138 R&D, AASB 15 Revenue, and AASB 2 Share-based Payment
  • Pioneered the annual budgeting process for the consolidation group and its subsidiaries
  • Managed the auditing process and fostered productive relationships with external auditors
  • Ensured tax compliance and facilitated optimal tax planning across multiple jurisdictions
  • Took charge of Transfer Pricing Documentation preparations, conducting quarterly financial modeling for TP review and initiating adjustments as required
  • Orchestrated the implementation of a global payroll solution, including the payroll processing for Head Office and R&D department
  • Provided leadership to the finance team, delegating responsibilities and ensuring the accuracy of various reports
  • Collaborated with the Group Financial Controller on operational procedure reviews and offered strategic recommendations
  • Played a pivotal role in internal control enhancements, risk management, HR, recruiting, and ERP implementation at all stages.

Client Manager, Contacct Accountant & Consultant

Pty Ltd
07.2015 - 06.2018

Contacct Accountant & Consultant

Ltd
  • Is a boutique practice with two directors, providing both compliance and advisory services to clients ranging from SMEs to large multinational businesses across diverse industries
  • Key Achievements:
  • Successfully cultivated new client relationships with a budgetary commitment of 70K - 100K annually, fostering trust and loyalty among both existing and new clients
  • Key Clients:
  • Managed a diverse client portfolio, including Marine Transport, Property Development, International Importing and Exporting, Labor Hire, Hospitality, Restaurants, Food Wholesales, and Non-resident issues
  • Key Responsibilities:
  • Developed and managed key client relationships
  • Provided expert guidance on various tax and accounting intricacies, Fair Work rewards, and operational strategies
  • Supervised and mentored the team
  • Collaborated directly with directors to provide personalized client support
  • Conducted on-site client account reviews, with a specialized focus on foreign exchange transactions, TOFA (Taxation of Financial Arrangements), tax planning, and the preparation of management reports and cashflows
  • Managed year-end accounts, corporate tax and other compliance with meticulous attention to detail
  • Conducted comprehensive financial report preparation and tax return submissions across various industries
  • Provided expert tax advice and liaised with the ATO (Australian Taxation Office) to ensure tax compliance.

Senior Accountant

PKF Lawler, PKF
09.2012 - 12.2014
  • Lawler is a medium-sized Accounting public practice firm
  • Key Clients:
  • Specialized in servicing clients within the mining supporting industry
  • Key Achievements:
  • Allocated 85% of my time to service one of the firm's largest clients
  • Gained expertise in general-purpose financial reporting and Transfer Pricing reviews
  • Key Responsibilities:
  • Prepared General-Purpose Financial Statements and Special Purpose Financial Statements
  • Managed corporate tax matters, including Transfer Pricing reviews, payroll tax reconciliations, annual leave, long-service leave provisions, monthly BAS reconciliations, quarterly interim financial reporting, and annual FBT Return preparation
  • Provided tax advice related to employee expenses, including allowances, reimbursements, expense payments, and fringe benefits
  • Conducted margin analysis, ratios analysis, and sales analysis
  • Reviewed insurance policies, covering aspects such as insurance coverage, business situation updates, worker compensation, and public liability
  • Assisted and liaised with external auditors
  • Conducted cash flow forecasting and profit and loss forecasting
  • Participated in due diligence processes
  • Provided expert advice on various accounting and tax issues
  • Managed budgeting processes, supervised junior accountants, and conducted reviews.

Senior Accountant

Johnson Partners Pty Ltd
08.2005 - 03.2012
  • Is a medium-sized Chartered Accounting public practice firm, led by ex-Big 4 partners, directors, and managers, providing accounting, tax, financial advice, and business services to a range of corporate and individual clients across various industries
  • Key Clients:
  • Worked with diverse clients, including McDonald's franchisees, UBS Self-Managed Superannuation Funds, Investment Funds, and entities in Property Development, the Wine Industry, and Agriculture
  • Key Achievements:
  • Successfully completed the Institute of Chartered Accountants in Australia training program
  • Became a member of the Institute of Chartered Accountants in Australia (ICAA)
  • Traveled to China with an Australian client to provide translation and support business development efforts
  • Key Responsibilities:
  • Prepared financial reports for clients operating in diverse industries
  • Prepared tax returns for Companies, Trusts, Partnerships, Superannuation Funds, and Individuals
  • Assisted with cash-flow planning
  • Advised on Capital Expenditure timing and financing
  • Generated reports on key performance indicators for businesses
  • Developed and executed tax planning strategies for different entities
  • Offered comprehensive business advice
  • Advised on refinancing and debt consolidation
  • Provided guidance on financing options, including Leasing, Hire Purchase, and Chattel Mortgages
  • Cultivated strategic working relationships with clients by gaining an in-depth understanding of their businesses
  • Supervised, trained, and supported graduate and junior accountants
  • Provided support to team members to foster and strengthen the team as a whole
  • Worked closely with Partners to assist clients
  • Assisted Partners and Managers in prioritizing and planning workflow
  • Liaised with banks and finance companies on behalf of clients
  • Coordinated communications with regulatory authorities such as the ASIC (Australian Securities and Investments Commission), ATO (Australian Taxation Office), and ABR (Australian Business Register)

Junior Accountant

Baltarzar & Ren Accounting Firm
10.2004 - 08.2005
  • Baltarzar & Ren Accounting Firm is a small public accounting practice firm offering accounting, tax, and business services to small to medium-sized corporate and individual clients across various industries, with a predominant client base of Chinese origin
  • I started my professional career after I graduated from Uni and gained very basic graduate experience for 10 months.

Education

Castaway Forecasting Training -

Castaway
2020

ASX Listing Rules Training -

Governance Institute of Australia
2019

IFRS Training - IFRS Training

Institute of Chartered Accountants in Australia
2018

Chartered Accountant (CA) -

Institute of Chartered Accountants
2007

Bachelor of Business - Accountancy

RMIT University
2003

Diploma of Business - International Trade

RMIT University
2001

Skills

  • SAP BYD Administrator
  • Corporate Tax
  • Corporate Finance
  • Budget Forecasting and Liquidity Management
  • General Financial Statements
  • Internal Controls and Risk Management

Affiliations

Registered Tax Agent (TPB) Member of the Institute of Chartered Accountants in Australia (ICAA) Proficiency in Professional Accounting Software (SAP BYD, Accurri Statutory Reporting, Castaway, MYOB, Assets Manager, ADP, QB, XPA) Proficiency with Microsoft Software Suite

Languages

Chinese (Mandarin)
Native or Bilingual

Timeline

Senior Group Financial Reporting and Tax Manager

Rectifier Technologies Ltd, Rectifier Technologies
06.2018 - Current

Client Manager, Contacct Accountant & Consultant

Pty Ltd
07.2015 - 06.2018

Senior Accountant

PKF Lawler, PKF
09.2012 - 12.2014

Senior Accountant

Johnson Partners Pty Ltd
08.2005 - 03.2012

Junior Accountant

Baltarzar & Ren Accounting Firm
10.2004 - 08.2005

Contacct Accountant & Consultant

Ltd

Castaway Forecasting Training -

Castaway

ASX Listing Rules Training -

Governance Institute of Australia

IFRS Training - IFRS Training

Institute of Chartered Accountants in Australia

Chartered Accountant (CA) -

Institute of Chartered Accountants

Bachelor of Business - Accountancy

RMIT University

Diploma of Business - International Trade

RMIT University
Grace Guo