Boon Seng Son

Summary

TO: Whom it may concern Mr. SON BOON-SENG Blk. 782, #16-586, Paris Ris St.71 Singapore S510782 TEL: TEL: +86-13608517740; FAX: +65-97385522 Email: Email: sbs2008sbs@hotmail.com Attention: 19th April 2008 Dear Sir/Madam RE: APPLICATION FOR THE EXECUTIVE POSITION With reference to your E-AD, I am interested in exploring opportunities for the organization. I have over 20 years of managerial experience to offer you. I enclose my resume as a first step in exploring the possibilities of employment with your esteem establishment. My current position is that of Finance, CFO/FC Manager handling two auto rubber spare parts factories (State-Owned Enterprise), in interior China - Guiyang and Shandong. In 1998, I was an Advisor/Business and IT Consultant with Hankyu International Transport (S) Pte Ltd. was in charge of all the IT aspects of the business, including both technology and management advice/consultations to the Board of Directors. I have the opportunity to offer consultation and implementation of TradeNet (a customs declaration system). I was also responsible for the system design evaluation, proposal, planning, setup, implementation, user interface, training, and Financial Reports/Budgets/Consolidations and Management security/controls/reports for a new in-house written Regional Air Freight Operations program. I have also achieved Y2K compliance for the company, with several concrete contingency plans with a committee, headed by me. Your organization will definitely benefit from my diverse expertise, sincerity and loyal commitment to the company. Furthermore, I work well with others, and I am experienced in project management. In my Managerial position, I had not only covered the daily operational tasks, but also shoulder responsibilities for the company are financial reporting activities and the up keeping of the entire spectrum of operational controls. In my Merchandising role, I was involved in several Merchandising departments, sourcing from local to overseas. I have the opportunities of traveling six months to a year negotiating buying contracts and securing sales regionally. My language abilities to communicate enable me to travel on several occasions, negotiating buying contracts with Manufacturers. My systems knowledge in ERP and Financial programs e.g. MISYS, ACCPAC, FACT, DR Solomon are extremely useful in producing Financial reports in costing, forecasting, budgeting and planning for managerial considerations in planning corporate strategies. Apart from the above experiences, in marketing, I was also involved in the market information gathering, accessing growth potentials for new products and market trends. Through many discussions with suppliers, manufacturers, importers, competitors and sales personnel s coupled with my background and market information, especially with understandings of consumer behaviors and a good sense of product trends, I achieved numerous proposals, budgets, planning and ideas through discussions with supervisors and heads of departments in pursuit of merchandising and product promotions. As for marketing distribution, I have the opportunities of exploring new methods/channels and marketing distribution channels with EDB for the region for several years. (E.g. Franchising, Direct Sales etc.) As for remuneration, a respectable Salary package, commensurating my experiences and abilities. I would appreciate your keeping this inquiry confidential. I look forward in hearing from you. Thank you for your consideration. Sincerely, Mr. Son Boon-Seng Son, BoonSeng CURRICULUM VITAE Objective: To utilize my diverse expertise with a vision to achieve, excel and accomplish individual excellence with collective strength, towards a sincere and loyal commitment. Contact Info Address: Blk.782, #586, Paris Ris St.71, S510782 Singapore Telephone No.: +86-13308517740 Mobile No.: +86-13608517740 Email: sbs2008sbs@hotmail.com Personal Particulars Age: 47 years Date of Birth: 17 Jan 1960 Nationality: Singapore Gender: Male Marital Status: Married (Daughter-15, Son -13) IC No.: S1452333B Permanent Residence: Blk.782, #586, Paris Ris St.71, S510782 Singapore. Educational Background Bachelor's Degree Field of Study: Commerce Major: Management Sciences - CIMA Institute/University: University of Windsor -Ont Canada, Canada Grade: Honors Class Graduation Date: Jan 1984 Awards Received 1981 Scholastic Honors (Scholarship for Math and Sciences). 1977 Book Prize Award for Mathematics and Science. 1976 Book Award for Chinese as 2nd language Debate District level 1976 Book Award for Science and Industrial Quiz Employment History NatSteel Chemicals Ltd Position Title: Deputy GM (Finance) - CFO Position Level: Senior Manager/Director Directorship: Shandong Rubber Company (SDRC) Specialization: Finance - General/Cost Accounting Industry: Chemical /Auto Duration: Sep 1999 - Present Work Description: Relationship Management: Created an excellent working relationship between NSC and GDRC (China SOE) that was previously turned bad by the predecessor. Established extremely good relationships with the Tax Dept, FOREX Dept, Banks, City & Provincial Governments and Chinese Conglomerates; managing all business and political roles. Nature: Auto Spares Manufacturing Joint Venture Chinese/Singapore GLCs) Employees: 1,400(Guiyang) &1,000(Shandong) Subordinates: 4 Asst Managers, 6 Supervisors, and 28 staffs Product: Rubber Auto Spare parts (e.g. Fan belts) Report to: GM, MD, and CEO Key responsibilities: All financial operations of the companies and all financial reports and others in accordance with NSC Corp requirements. All treasury duties and Taxations matters -Seconded to Guiyang with occasional travels to several other factories for audit and other financial operations requirements. I am also in charge of MIS of the organization with the direction of implementations of ERP and its controls. I have also experienced QAD ERP and probe into several other ERPs software here in China. Manage forecasting, budgeting and actual result analysis for G. China & organization to deliver effective project cost management process and performance tracking system Provide monthly and quarterly FC reporting for consolidation team in NSC on a timely basis with reliable information quality Drive effective manufacturing cost reviews in G. China region to ensure project cost information feed into accounting system accordingly Work with cost control team of GDRC and accounting team of NSC to improve communication and set up effective information sharing process Provide supporting business intelligence for the consulting organization Monitor business practices for compliance with corporate and professional minimums Provide advice and guidance to sales on revenue recognition Identify discrepancies between corporate requirements and procedures and local conditions. Develop solutions to remedy. Timely and accurate production of statutory accounts Ensure compliance with local and internal accounting standards Timely and accurate production of tax returns Ensure compliance with local tax regulations Review balance sheet for accuracy and identify risks/opportunities Conduct monthly review of Profit and Loss Statements Work with external auditors to deliver statutory audits Manage Credit and Collections process Achievement: Turned GDRC into a profit organization three months upon assumption of duties. Effective cash control at GDRC even though NSC is only a minority stakeholder. Effective cost controls (e.g. rejection, attrition, scrape and wastage). Reduced AR from RMB 68 million to RMB 38 million. Reduced AP liabilities by about 40%. Provided local & export sales leads. Brought back all dividends & management fee for NSC including those long outstanding ones since 1995. Based on my relationship with the Banks, I ve managed to secure unsecured low-interest bank loans and revolving credit for GDRC. Based on my relationship with the Provincial & City Governments, I ve managed to secure government grants for GDRC projects for Lab, Mixers, Machines, Boilers and etc. Based on my relationship with the Tax Dept, I ve managed to secure Tax Holidays for GDRC for 2 years and 50% tax reduction for 3 years; enjoying several years of low tax rates till now. Churned out proposals for IPO, Divestment and Privatization of SOEs. Successfully managed and implemented an ERP project for GDRC. Leaving Reasons: Singapore NSC have decided to sell this concern because it is a non core business nature NatSteel Ltd. (parent/Holding company of NSC) have been sold to the Indian International - TATA Group I am exploring other opportunities and directions. 1998 1999 Hankyu International Transport (S) Pte Ltd. Advisor/Business and IT Consultant Planning, Training, Implementation and Maintenance of Trade Net and EDI interface with HQ Japan. Negotiated several purchase, maintenance and service contracts with IBM, IPACS and other Vendors, with better terms and conditions. Achieved Y2K compliance for the company, with several concrete contingency plans and a committee, hand picked and trained by me. In management, I have developed several management control measures and report structures for an efficient and smooth operations and HRM deployment. I was also responsible for the system design evaluation, proposal, planning, setup, implementation, User Interface, End-User Training, various Financial Reports/Budgets/Consolidations and Management security/controls/reports for a new in-house written Regional Air Freight Operations program. As for the regional arena, I was also responsible for several User Training programs with our Malaysian and Thailand counterparts. Achievements: Installed and Implemented Asia Pacific Trade Net and Financial Updates with EDI interfaces with HQ Japan. Achieved a very competitive price for Vendors maintenance and service contracts, thereby saving company some 15% Achieve Y2K compliance and certifications for Singapore office. The Management controls and reporting systems I implemented is still a model used. I have also successfully implemented the Financial report and control systems for management budgets and data securities operations in Asia Pacific. I have also achieved understandings and rapports with our Asia Pacific partners from Malaysia and Thailand resulting in smooth and efficient communications, thereby resulting cost efficiencies. Leaving Reasons: I was headhunt for a Deputy GM for 2 plants in inner China (Southwest China) with higher incomes and package Natsteel Ltd. was then the 4th largest Singapore listed company (renowned company). The CEO was a very nice and considerate person The MD of Hankyu International promised me the GM position when I joined them. But he promoted Japanese for the position twice. Hence knowing the racial discrimination, I decide to leave. 1995 1998 Modus Operandi Computing Business and IT Consultant Market Research and Development in China Setup Offices in Hong Kong, Shenzhen, Shanghai and Beijing to serve Mainly Singapore Corporate Clients in the Electronics Sector in China. Planning, Implementation and Maintenance of MISYS (ERP) Software. Analyze, consolidate, validate and report various manufacturing costs, budgets, inventories, yields, PIs', etc. Planning, Implementation and Maintenance of ACCPAC Accounting Software, Financial Integration Management, from various Manufacturing Cost Centers to Treasury requirements. l assist in the Consolidation of Accounts, Financial reports compliance with Corporate policies/procedures (e.g. Periodic Budgets, Cash flow Forecast, Capital Expenditures etc.) and Credit Controls Improving effective internal financial controls and systems. Achievements: Have done in-depth market and developments research for Value added Reseller (VAR) in Accounting and ERPs for China costal regions. E.g. Shenzhen, Guangzhou. I have also setup Offices in Hong Kong, Shenzhen, Shanghai and Beijing to serve the American and Singaporean clients. I have also plan, implemented and serviced, Accounting and ERP packages, especially in the different reporting structures and standards. e.g. GAAP In the Electronic Manufacturing Systems (EMS), .e.g. Goldtron Electronics especially in the workflow controls for their SMT (surface mounted technology) operations, from Sales Orders to Shipments I have also successfully integrated several accounting packages with ERP programs, analyze, consolidate, validate and report various manufacturing costs, budgets, inventories, yields, PIs', etc for the company. In the accounting packages, financial management controls integrations from various manufacturing workflows both process and discrete were tied up to the very cent. Thereby creating transparencies and accurate costing reports. In the Financial software, I have also managed to validate consolidation accounts, design financial reports compliance with Corporate policies/ procedures and credit controls ( Several times, I have to understand, design, write and validate additional or supplementary software to satisfy Corp needs, especially in US GAAP). Many a times, I have to recommend, set standards and management controls for the reports and operations. In this job, I am also responsible for sales and justify bottom lines for both the clients and for my bosses. Leaving Reasons: I was headhunted for an Asia Pacific Deputy GM for Hankyu International(S) Ltd., with better salaries and package. 1988 1994 Majestic Electric Co. Pte. Ltd. Manager Human Resource and Administration Manpower Planning and Recruitment Reduced Company s Overheads by 50%. Identify and Organize Company and Staff Objectives, Responsibilities and Job Roles. Introduction of Incentive Schemes and Rewards for individual achievements and overall performance. Organizing Productivity teams and OJT with PSC Finance and Accounting Implemented Financial and cost checks and controls Reduced Debt Exposure from 80% to 50%.l Improved Company s Financial Position. Implemented Computerized Accounting System Marketing Local to Regional Brand Management Channel Sales and Marketing of Electrical Products in Asia Pacific. lmproved Sales Margin from 5% to 12%. Have traveled extensively in Asia Pacific, Indochina, Europe, USA, for Sales and Procurements six months to a year. Exploring Foreign Brand names, Agencies in Europe, Japan, and Australia etc. E.g. Hanover Fair in Germany. Extensive discussions into Marketing, Marketing Channels with EDB in Franchising Retailing, Wholesale Agencies/Distributors etc. Training Product Exposures I have experience involving High-tension equipment e.g. RCBs, MCCBs, DBs, CTs, etc. Accessories from ABB, Merlin Gerin, MEM, Seimens, AEG, Mitsubishi, Hitachi, etc. I was also attached to ABB in 1988 to some of their factories in Germany, for their in-depth Product Knowledge, Orientations, Specs Applications and Designs. As for Lighting, I was sent to Philips Singapore Lighting for Training in Product Knowledge, Designs, Systems, Applications and Concepts, in all Applications from Industrial, Public to Household. As for Aircon/Exhaust Systems, Matsushita/Panasonic, KDK, Trained men for Product Knowledge, Designs, Concepts and Applications (e.g. CFH, and Fresh Air, Cooling Factors etc.), from Household to Industrial Applications. In the Household Appliances, I have been involved in all Locals to Foreign Trading and Marketing Activities. E.g. Parallel Import/Export, Channel Distribution Networks, Agencies, OEMs, etc. Project Management I was also in charge of Local M&E projects, from Line Diagrams to Final Developments e.g. Singapore Turf Club, Horse Hospital, Ridding School, Ticketing Office, Sentosa Development, MRT Stations, MRTC Bishan, Singapura Plaza, and Seatown Office etc. I was assigned to several Foreign M&E Supply Projects, in the Resort Developments, in Maldives, Indonesia, and Sri Lanka etc. I was in charge of Local and foreign Tender Contracts, from PSA, SGH, KK Hospital, SATs, PUB, Sentosa Developments etc. to US Embassy and Airport Projects in Myanmar, Maldives Govt., Bangladesh Govt., Nepal Govt., Vietnam Govt., etc. Corporate Management Setup Logistic Network for both local and international markets Consolidated Sales Figures from $30million to $6million. With all the Local and Foreign Projects, I have many meaningful and very Supportive Working Relationships, with Local MNCs e.g. Matsushita/Panasonic, Sanyo, Philips, GE, GEC, ABB, Merlin Gerin, Clipsal, MK, AEG, Hitachi, Toshiba, etc. As for Import and Export to Third World Developing Countries, I am Familiar with the Trade LCs and Banking Procedures. With my Diverse and Regional experiences, I am able to forecast short to long term regional economics and financial strategic trends for Corporate Decisions planning. I have also participated in several Risks/Credit and Costs/Returns Evaluations and Management reports from Local to Regional, Customers and Suppliers Financial Records and Management Reports. These enable me to plan Strategic Missions and Objectives for overall Corporate Direction Decisions. Achievements: I have grown from supervisory to a managerial position. Through manpower planning and recruitments, I have reduced overhead expense down by some 50%. I have successfully implemented the OJT, and several HRM policies to improve the efficiencies of the workers through several rewards and incentive plans Implemented Financial and cost checks and controls Reduced Debt Exposure from 80% to 50%.l Improved Company s Financial Position. Implemented Computerized Accounting System for Marketing Local-Regional Established local to Regional market and distribution sales channels. I have improved company s Sales Margin from 5% to 12%. Established a household name brand for the company I have concluded name brand agencies and marketing network channels in Asia Pacific for the company I have gained several overseas product knowledge and experiences, thereby closing several project sales contracts in Singapore and overseas. Setup Logistic Network for both local and international markets Consolidated Sales Figures from $30million to $6million by reducing AR exposures. I have also participated in several Risks/Credit and Costs/Returns Evaluations and Management reports from Local to Regional, Customers and Suppliers Financial Records and Management Reports. These enable me to plan Strategic Missions and Objectives for overall Corporate Direction Decisions for my bosses. Leaving Reasons: As the shareholders were getting old, their direction was towards consolidations and sizing down operations, I find my space smaller. This family business was also trying to promote their own family members into the operations, thereby making decisions difficult and messy. Politics between factions in the family finally cause me to look for better opportunities 1985 1987 Majestic Electric Co. Pte. Ltd. Executive Officer (Operations/Logistics) In-charge of the Logistics, Warehousing Operations. Streamlined and improved PO/DO/AR Process. Implemented Office Automation and Accounting Software. Reduced Bottom-Line Costs through Operational Efficiencies. Achievements: I streamline and improved the efficiencies of the logistic operations I also improved profits through lowering operational deficiencies 1983 1984 University of Windsor Teaching Assistant (Business School) Conduct Lectures and Tutorials for Computing Methods and Business Systems modules (Post graduate levels) for the Business Faculty. Supervise of the Computer Facilities for the Business Faculty. Monitoring of Students Academic and Project Progress. Course Training and Materials Administration, Script Evaluation Achievements: I was the first Asian/Chinese undergraduate Teaching Assistant I was not only popular with the Asia students, the locals stood hours in line for me to help them in their assignments 1987 1990 Systematic Commercial Training Centre Singapore Part-time Lecturer Conduct Lectures and Tutorials for ACCA for Statistics, Accounting and Economics modules. Teaching of Business Diploma in Materials, Methods and Business Systems. Monitoring of Students Academic and Project Progress. Course Training and Materials Administration, Script Evaluation Achievements: Managed to get some 15 out of 40 students to graduate their ACCA papers, which was at that time a record. The most popular teacher in the school Top Skills (Proficiency: Advanced - Highly experienced; intermediate - Familiar with all the basic functionalities; Beginner - Just started using or learning the skill) Skill Years Proficiency Chinese Corp Tax Planning and Risk Management >10 Advanced MNCs and Chinese Corp Management >10 Advanced ERPs >10 Advanced Costings / Auditing >10 Advanced Chinese Corp Finance setup from JV to stock listing >6 Advanced Accounting both PRC and GAAP reporting >8 Advanced Chinese State Owned Management >6 Advanced Languages (Proficiency: 0=Poor - 10=Excellent) Language Spoken Written Chinese 10 8 English 10 10 Additional Info Hobbies Traveling, Reading and IT Interests and Activities Information Technologies, Asia Pacific Business & Economic Trends. Extracurricular Activities Swimming and Jogging Community Activities 1985 1994 Community Centre Management Committees (CCMC) at Kampong Kapor CC. Professional Memberships SINGCAM, MISSA, MSA, Canadian Alumni Singapore; Singcham Guiyang Chapter - Treasurer. Languages Written: English and Chinese Spoken: Fluent in English, Mandarin Dialects: Cantonese, Teochew Szechwan, Taiwanese and Hokkien. Availability Able to start work within 1-3 months notice. Willing to Travel: Heavy (>80%) Willing to Relocate: Will Consider Possess Own Transport: Car with chauffeur provided Present Salary: Approx US$100,000 per year (with expatiate package) References Mr. Loo Say Bock Relationship: Ex Classmate (University) Position: Director, O & B Singapore Tel: +65 68373396 HP: +65 90256022 Email: sbloosb@gmail.com Mr. Rashbar Singh Relationship: Ex Classmate (Pre University) Position: Chief Executive Officer; Ardee Probiz Pte Ltd. Tel: +65 62357122 HP: +65- 96699919 Email: rashbar@yahoo.com.sg Mr. Eugene Sing Teow Jian Relationship: Teacher/Mentor Position: Head, Operations, Group Operations & Technology Oversea-Chinese Bank Corp. Ltd. Tel: +65 63187001 (DID) +65 67833791 Email: singtjeugene@ocbc.com.sg

Work History

Work History

Deputy GM - Head of Finance/CFO

Natsteel Chemicals Ltd. - Sino Singaporean JV