XUAN (CONNIE) CUI

• Responsible for developing and managing a team of three accounting professionals, including selection/hiring, performance management, development and training
• Responsible for the preparation of the annual operational budget for Financial Accounting Cost Centre and the annual capital expenditure budget for the organisation
• Monitor and report on financial performance and provide analysis of variances
• Responsible for the accuracy of the general ledger for the Port of Melbourne group entities
• Manage the calculation, review and lodgement of all group entities’ indirect taxes on a regular basis (BAS, payroll tax, FBT)
• Manage the preparation and lodgement of the annual income tax returns for the group entities
• Manage the calculation, review and lodgement of ABS statistical returns and the quarterly ICR calculation for the relevant compliance certificates and solvency statement for the group
• Responsible for the quarterly cash distribution to the shareholders
• Co-ordinate the annual statutory audit undertaken by the Board appointed external auditors. This includes audit planning, liaising with internal stakeholders and responding to audit information requests
• Oversee the administration and maintenance of control over the Fixed Asset Registers (FARs), review and approve all transactions affecting the FARs
• Manage the revaluation of the fixed assets in line with the relevant Accounting Standards
• Assist the Financial Controller in administering the workings of the Investment Review Committee (IRC). This includes the facilitation and coordination of the IRC monthly meetings, preparation of the agenda and reports, recording of the meeting minutes

• 2IC to the Financial Reporting Manager including acting in this position while manager was absence
• Led and managed the month-end process, including review of journals prepared by the financial accountant, P&L analysis, preparation of balance sheet reconciliations, consolidation entries and cashflow statement
• Preparation of monthly consolidated management report to the board including budget variance analysis.
• Preparation of annual general consolidated group financial statements and special purpose financial statements for PoM entities according to the Australian Accounting Standards
• Responsible for coordinating the group’s year-end audit, including liaising with the external auditors and managing the compilation of financial information for testing
• Complete activities associated with fixed assets including the processing of regular additions and disposals, useful life reviews and impairment analysis
• Preparation of statutory returns and reports including income tax returns, BAS and FBT and payroll tax
• Completion of the quarterly income distributions to the shareholders
• Completion of the quarterly Interest Cover Ratio calculation according to the Refinancing Coordinated Deed and the relevant compliance certificates for the financiers
• Detailed review of all treasury and debt matters, including bank interest and swap payment schedules.

• Stepped up as acting Finance Manager while the position was vacant for 18 months.
• Managed the implementation of the new accounting standard AASB16: Leases and provided a 10-year profit and loss, balance sheet and bank covenant impact analysis to assist the CFO to inform the changes to the business owners.
• Managed to reduce the length of the month-end reporting from 3 weeks to 2 weeks by reviewing the month-end process to drive efficiency.
• Worked on the Finance Operations Optimisation Project to automate some of the AP functions: developed template for bulk invoice data upload. Streamlined the monthly credit card statement reconciliation process by using Excel functions such as Pivot Table and Lookups to identify unreconciled transactions between the statement and AP vouchers. The processing time was halved.
• Monitored budget and revenue trends for the firm, compiling reports for the leadership to inform decision-making
• Management of the daily cash flow, including preparation of a rolling 12-month cash flow forecast to manage the firm's operating cash flow
• Completion of the month-end process, including review of account balances and preparation of balance sheet reconciliations
• Preparation of monthly management accounts including high-level variance analysis against budget, partner report and board report
• Fixed asset register maintenance including asset additions and disposals and depreciation calculation in compliance with accounting standards and policies
• Preparation of the finance department budgets and financial forecast
• Completion of the year-end process, including liaising with the external accounting firm (Deloitte Private) to complete the annual financial statements and tax returns
• Preparation of statutory returns and reports including BAS and FBT
• Preparation of the half yearly bank covenant reporting.

• Completion of the month-end process, including review of account balances and preparation of balance sheet reconciliations
• Preparation of monthly management accounts including high-level variance analysis against budget, partner report and board report
• Fixed asset register maintenance including asset additions and disposals and depreciation calculation in compliance with accounting standards and policies
• Assisted with the preparation of department budgets and financial forecast
• Completion of the year-end process, including liaising with the external accounting firm (Deloitte Private) to complete the annual financial statements and tax returns
• Preparation of statutory returns and reports including BAS and FBT.
• Managed to reduce the firm's FBT expense over $100k by improving the FBT review process and applying the appropriate FBT calculation method for the firm's entertainment expenses.

Secondment to Moog Australia

April 2014 – December 2014

Moog is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog’s high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, marine applications, and medical equipment.

Key responsibilities:

· Month end journal preparation and balance sheet reconciliations

· P&L monitoring in line with forecast

· Foreign exchange calculation and revaluation

· Inventory and order backlog reporting

· Capex actual report and fixed assets maintenance.

Secondment to Australian Zircon NL

September 2013 – January 2014

Australian Zircon NL is a publicly listed company on the Australian Securities Exchange Limited. The current focus of the company is the extensive WIM 150 mineral sands project near Horsham in Western Victoria.

Key responsibilities:

· Bookkeeping and payroll processing

· Month end journal preparation and balance sheet reconciliations

· P&L monitoring in line with forecast

· Preparation of financial reports for monthly board meeting

· Assist with quarterly activities and cash flow report to ASX.

Client Portfolio

Property and construction business

o Ever Bright Group, annual turnover $24 million

o Landream Australia Group, annual turnover $10 million

o Utopia Development Group, annual turnover $8 million

Retail and food franchises

o Chemplus pharmacy group, annual turnover $7million for one of the larger stores

o Petstock, annual turnover $16 million

o Bing Boy Group, annual turnover $5 million

Mining and engineering

o Moog Australia, annual turnover $8 million

o Australian Zircon

o Shanghai Electric Australia Power & Energy Development

• Preparation of special purpose financial statements and income tax return for partnership, trust and private company
• Preparation of business activity statements and fringe benefit tax returns
• Effective tax planning for high net wealth individuals and family group
• International transactional tax advice – preparation of international dealing schedule and review the implication of thin capitalisation for international inbound investors
• Liaising with various government departments and regulators such as ATO and WorkCover in relation to income tax, PAYG, GST and WorkCover reconciliation matters.