JAMES TING CHENG BANG

Day-to-Day Activities: Oversee costing operations for the Greater Asia Regional Distribution Center, supporting 10+ countries (e.g., ANZ, China, India, Singapore) and 34 distribution center plants. Collaborate with Master Data Officers to create costing profiles in SAP for new materials. Manage daily costing requests and provide sourcing recommendations based on country, logistics (air/sea), and pricing. Address cost inquiries and propose pricing to business unit stakeholders. Managing recosting activities due to source plant changes, including BOM reviews for manufacturing plants. Resolve costing discrepancies across regional entities and maintain data integrity in SAP. Maintain fixed and transfer pricing aligned with corporate tax and transfer pricing policies. Month-End / Quarter-End Close: Guide Customer Service teams on free-of-charge product account coding in SAP. Analyse, capitalise, and release PPV and PPPV in compliance with US GAAP (ASC). Monitor goods-in-transit processes and ensure timely account clearing from GR/IR to GIT. Conduct scrap and shrinkage analysis across regional plants. Estimate and report inventory reserves (e.g., blocked stock, spare parts, excess/obsolete stock, LCM) based on planner reports and policy. Present reserve analysis to the Board for strategic decision-making. Analyse profit in inventory at business unit level for corporate/regional consolidation. Annual Costing Activities: Led the annual costing cycle for the RDC, managing over 100,000 SKUs across 3 distribution plants. Perform annual revaluation of stock on hand, goods in transit, and inventory reserves. Additional Support: Support regional holding companies with fixed assets, intercompany transactions, SAP postings, and audit inquiries (statutory & SOX).

Costing: Analyze product costs, conduct variance analysis, maintain costing systems, and contribute to profitability and cost optimization initiatives. Credit Management: Oversee intercompany receivables, monitor credit limits, resolve overdue balances, and ensure compliance with credit policies. Month-End Close: Manage the month-end close process, prepare journal entries, reconcile accounts, and collaborate with cross-functional teams to improve efficiency. Fixed Asset Management: Manage the lifecycle of fixed assets, maintain the fixed asset register, conduct asset verifications, and calculate depreciation. Financial Reporting: Prepare financial statements in accordance with US GAAP, ensure compliance with SOX, support audits, and monitor regulatory changes. Management Meetings: Facilitate monthly management meetings, present financial reports, and collaborate on agenda preparation. Handling Automation Project – Leading a global automation initiative to standardize fixed assets workflows, appointed as the Greater Asia Representative to provide strategic insights and data-driven solutions, recognized by both leadership and client for enhancing operational efficiency and cross-regional collaboration.

1) Lead audit engagements for a diverse portfolio of clients, including multinational corporations, publicly traded companies, and privately held businesses across industries such as construction, property development, manufacturing, trading (ink and consumer goods), and cosmetic product retail. 2) Perform review engagements for overseas acquisitions for a listed company in Malaysia, ensuring compliance with regulatory requirements. 3) Perform agreed upon procedure on client’s accounts to ensure compliance with Solicitors’ Account Rules, Solicitors’ Accounts (Deposit interest) Rules and Accountant’s Report Rules 4) Conduct comprehensive housing development audits for property developer clients, ensuring compliance with regulatory requirements, financial accuracy, and adherence to project timelines and budgets. 5) Review of consolidation of financial statements and notes to financial statements. 6) Supervise audit teams, providing guidance and mentorship to staff members, ensuring adherence to audit methodology and deadlines. 7) Review workpapers, financial statements, and audit reports to ensure compliance with firm standards and regulatory guidelines. 8) Perform detailed risk assessment and develop audit plans tailored to client-specific risks and objectives. 9) Communicate audit findings, recommendations, and potential areas of improvement to clients' management and stakeholders. 10) Cultivate and maintain strong client relationships through regular communication, understanding client needs, and delivering exceptional service. 11) Organize company events to foster team building and enhance organizational culture.

1) Conduct audit engagements for a diverse portfolio of clients, including multinational corporations, publicly traded companies, and privately held businesses across industries such as construction, property development, manufacturing, trading (ink and consumer goods), and cosmetic product retail. 2) Conduct comprehensive housing development audits for property developer clients, ensuring compliance with regulatory requirements, financial accuracy, and adherence to project timelines and budgets. 3) Prepare and review of consolidation of financial statements and notes to financial statements. 4) Perform substantive testing and analytical procedures to assess the accuracy and completeness of financial statements in accordance with Malaysian Financial Reporting Standards (MFRS), International Financial Reporting Standards (IFRS), and relevant regulatory requirements. 5) Produce the accounting and technical memo which includes a comprehensive analysis of the financial issue identified during the audit or review engagement with accounting literature analysis. 6) Assist in completing engagement proposals for over 100 companies. 7) Organize company events to foster team building and enhance organizational culture.

1) Lead and perform audit for various Public Listed Companies and their subsidiaries in various industries: a. Provision of oil and gas, infrastructure, civil and structural engineering contract works. b. Provision of freight services. c. Service and resource provider for commercial industry. d. Operating of operating stores. e. International School f. Provision of cutting-edge original equipment manufacturing (OEM) services to key automotive manufacturers and assemblers g. Non-for Profit organisations 2) Prepare and review of consolidation of financial statements and notes to financial statements for abovementioned Public Listed Companies and other private entities. 3) Provide guidance to team members, reviewing team members work done and ensuring the audit engagement is completed within a deadline given. 4) Produce and review the audit reports which include ensuring the reports are compliance with relevant regulation, accounting and auditing standards. 5) Perform detailed risk assessment and develop audit plans tailored to client-specific risks and objectives. 6) Responsible for efficiently completing the client acceptance process in accordance with firm policies and procedures, ensuring thorough due diligence and adherence to regulatory requirements. 7) Conduct interview with potential candidates. 8) Conducted detailed forensic audits 9) Prepare engagement proposals for prospective client included of fee quoting. 10) Managing and collection of billing from client.

1) Perform audit for various Public Listed Companies and their subsidiaries in various industries: a. Service and resource provider for commercial industry. b. Operating of operating stores. c. International School d. Provision of cutting-edge original equipment manufacturing (OEM) services to key automotive manufacturers and assemblers e. Non-for Profit organisations 2) Prepare consolidation of financial statements and notes to financial statements for abovementioned Public Listed Companies and other private entities. 3) Prepare the audit reports which include ensuring the reports are compliance with relevant regulation, accounting and auditing standards. 4) Perform substantive testing and analytical procedures to assess the accuracy and completeness of financial statements in accordance with Malaysian Financial Reporting Standards (MFRS), International Financial Reporting Standards (IFRS), US GAAP and relevant regulatory requirements.