Summary
Overview
Work History
Education
Skills
Accomplishments
References Available
Key Capabilities
Timeline
Generic

Sherrie Chen

Melbourne,VIC

Summary

A CPA qualified Assistant Accountant with over 4 years of experience in all aspects of accounting activities which include general accounting, cost analysis, cash flow and inventory management, payroll processing, budgeting and financial reporting. Additional experience in optimizing business contracts management and conducting new system integration testing to improve the overall operational performance.

Overview

3
3
years of professional experience

Work History

Assistant Accountant

The Australian Club Inc
02.2022 - Current
  • Assisted the CFO with month-end and year-end activities by preparing financial statements, ledgers and accounts and journal entry for accruals, prepayments, provisions and re-allocations
  • Performed Cost of Goods reconciliation, cost analysis, payroll and petty cash reconciliation, accrual calculations and variance reporting
  • Managed all related reporting like BAS(GST), PAYGW, Payroll tax, Super Contribution, Workcover remuneration to ensure statutory compliance
  • Discovered any breach in Payroll and Finance procedures and took remediation steps
  • Played a key role during the system migration and new system implementation
  • Contributed heavily in the data migration, project progress follow-up and new system performance testing stages
  • Initiated a range of process improvement, including in-house policies setup, contract re-negotiation, payroll, payables and inventory management
  • Created a paperless environment by automating and digitalizing staff reimbursement, payables and payroll processes
  • Changed pay frequencies from 3 to 1 which resulted in significant quicker process and enabled leaders to have more time on strategic decision-making.

Treasurer

Kew Toy Library
11.2020 - Current
  • Handled the general accounting activities like AR, AP, Payroll processing and bank reconciliation
  • Kept business compliant with relative regulations and managed BAS, PAYGW, Super Contribution, Portable Long Service Levy, Workcover and other reporting
  • Interpreted modern award and updated employee pay levels to align with the latest Pay Guide
  • Prepared financial reports such as BS, P&L, annual budgeting and forecasting and conducted data analysis to have a better understanding of the revenue and expenditures
  • Performed the general accounting activities to a high standard.

Payroll & AP Officer

Connect Health & Community
09.2021 - 02.2022
  • Processed payroll runs on a fortnightly basis for more than 270 staff
  • Updated personnel details and conducted employment termination payments (ETP) calculation
  • Maintained vendor details in MYOB Advanced and processed payables runs weekly
  • Monthly credit cards reconciliation and created process documentation
  • Liaised with the receptionist and the finance manager to establish a better banking process
  • Handled more than 100 invoices each day for two ABNs.

Education

CPA Full Certified Member -

CPA Australia
01.2023

Certificate IV in Bookkeeping and Accounting -

Holmesglen
06-2021

Master of International Business -

Shanghai University of International Business
07-2008

Bachelor of International Business -

Qingdao University
07-2003

Skills

  • MYOB
  • Microsoft Excel
  • Xero
  • ADP/Northstar
  • QuickBooks
  • EmploymentHero

Accomplishments

  • Streamlined and automated payables and reimbursement processes by establishing proper controls regarding payment approval to protect the business from a variety of risks
  • Switched over the payables process to digital invoices to simplify the filing work and kept track of contracts and agreements in place so that the finance department can check invoices against them
  • Negotiated early payment discounts of 3% with vendors by taking advantage of the free cash flow. Alternatively, took steps to improve cash flow by negotiating better payment terms with suppliers
  • Regularly revisited budgeted number vs actual numbers to ensure there is always money available to meet short-term liabilities and investigated overspending once discovered
  • Improved payroll process but changing 3 pay frequencies into 1 so that there is more time available for costs analysis and significantly reduced staffing cost

References Available

True

Key Capabilities

  • Statutory Compliance
  • Inventory Control Management
  • Cash Flow Management
  • Payroll Processing & Payroll tax
  • Budgeting & Forecasting
  • Internal Control Optimisation
  • System Migration & Integration
  • Cost Analysis & Control

Timeline

Assistant Accountant

The Australian Club Inc
02.2022 - Current

Payroll & AP Officer

Connect Health & Community
09.2021 - 02.2022

Treasurer

Kew Toy Library
11.2020 - Current

CPA Full Certified Member -

CPA Australia

Certificate IV in Bookkeeping and Accounting -

Holmesglen

Master of International Business -

Shanghai University of International Business

Bachelor of International Business -

Qingdao University
Sherrie Chen