1. NANCY YEUNG
Finance Executive | Chartered Accountant
au.linkedin.com/in/nancy-yeung-b0a21585
0418 764 143
nancy_yeung@ymail.com
PROFILE
AnExecutive Finance Leader(CA) with15+years’AustralianandUK‘Big4’experience,Ihave forged
a successful careerresolvingcomplex financialreportingandbusinessprocess issuesforarange of
business sectors globally. With specialist experience in business consulting, M&A transaction
delivery and completion of Interim CFO, Financial Controller and Executive Management
secondments,Iofferastrongtrack recordof leadinglarge teamsof upto25 professionals through
significantbusiness transformation,processchange, andgrowth.
With proven experience championing large-scale change management projects, I utilise deep
technical and commercial expertise, and well-developed influencing skills to support C-Level
stakeholders to navigate through complex and sensitive finance and operating issues with
multimillion-dollar impact. Highly analytical and pragmatic in my approach, I leverage a practical
understanding of business fundamentals to diagnose and resolve issues affecting commercial
success.
A successful people leader, I build high performing teams by providing clear strategic directions;
create a culture of mutual respectandtrust;and celebratinghighperformance and innovation.
EMPLOYMENT SUMMARY
Ernst & YoungSydney,Australia
Director, Financial Accounting Advisory Services Aug2011 –May 2016
Ernst & YoungLondon,UK
Senior Manager, Financial Accounting Advisory Services Aug2004 – Aug 2011
Audit Training Manager, Learning and Development Team
Senior Auditor, Retail and Consumer Products Group
Ernst & YoungSydney,Australia
Graduate to Senior Auditor, Retail and Consumer Products Group Jan 2001 – Aug 2004
KEY ASSETS
Financial Management Change & Transformation C-Level Partnerships
International Financial Reporting Audit Readiness Relationship Management
Project Management Stakeholder Engagement FinanceBusiness Partnering
Business Process Improvement Financial Analysis & Insight Executive Advisory
US GAAP / IFRS Conversion Financial Turnaround Internal & Financial Controls
2. PROFESSIONAL EXPERIENCE
Director, EY Aug 2011 – May 2016
Sydney,Australia
Completed a number of client-side secondment placements as interim CFO or Financial
Controller,frequentlytaskedwithenablingchange throughpeople andprocessimprovement;
Provide executive business advisory to large multinational companies, ahead of complex
acquisitions,mergersandrestructuringtransactions;
Strategic management role, accountable for leading multiple engagements, delivering high
standard of clientservice anddriving revenue targets andgrowthacross a portfolioof public,
private and listedcompanies;
Provide management and direction as ‘Counsellor’ and ‘Mentor’ to team members, with
responsibility for individuals’ career development and focused on creating a culture of
excellence;
Forge relationships with EY leaders across Asia Pacific and Europe to align team growth
strategyand share initiatives, representingOceaniaonAPACgrowthstrategycommittees;
EstablishedPanel PresenterandHost for industryfocusedforumsand numerousclientfocus
eventssuchas EY Webcasts,an online live audiodiscussionof the latest accountingtopics.
KEY ACHIEVEMENTS
Appointed A/Chief FinancialOfficerfor TAFE NSW (March – May 2016)
During a time of significant change, uncertainty, high work demand and conflicting
priorities, I provided clear structure, objectives and guidance to the finance team,
focusing on results orientated team performance,improving processand challenging
the statusquo whererequired
Responsible for all aspect of financial matters at Corporate Head Office, including
regular briefings to the MD, Board of Directors, Minister’s Office and Executive
Leadership Team on financialmatters
Through successful stakeholder engagement and negotiation, I played a pivotal part
in setting thefinancial elementof TAFE’smodernisation plan.
Appointed A/GroupFinancialControllerforTransGrid(Aug 2015to Jan 2016) to lead necessary
processchangeacross financeteam,ahead of a $10.3BN privatisation transaction;
Directly reporting to theCFO,managedsystemprocesschangesand implemented best
practice frameworks across a complex accounting environment;
Successfully led the Finance teamand managed complex stakeholderrelationshipsto
supportsuccessfulprivatisation;
Appointed Accounting and Business Advisor to the CFO and Finance Management team at
SydneyWaterCorporation,to provideassistanceon financialreporting mattersandresolution
of complex accounting issues and businessprocesses;
Working across the entire business operation, reviewed Sydney Water’s end-to-end
water recording process, securing executive team buy-in to implement a new water
usagemodel;
Responsibleforthedevelopmentof a complex financialmodelutilising advanced data
analytics tools which negated significant errors impacting the business’ ability to
estimatecertain material provisions;
Appointed A/Group Financial Controller for Sydney Ports Corporation (Aug 12 to Aug 13) to
3. managefinancialreporting and process mattersahead of a $5BN privatisation transaction;
Directly reporting to the CFO, led a finance team of 25 through a time of significant
change,to deliver the successfulprivatisation of NSW’smajorinfrastructureasset;
Led significantpre/postprivatisationprocessimplementation,duediligencereview,IT
transformation, human capital related matters, Audit Committee and Board
management,and issuesresolution;
Appointed A/Financial Controller for a subsidiary of the University of New South Wales (Oct
2011 to Jun 2012), leading the financeteamto deliver a successfulyear-end audit;
Established a leadership presence, leading a finance team of 7 and overseeing the
delivery of financialstatementsand supporting documentationsto NSWauditoffice;
Implemented system changes, simplifying consolidation process to improve financial
statementclose process;
Upskilled teamand managed complex stakeholderexpectationsto successfully deliver
year-end closeprocesswith no auditissues forthe 1st
time in many years;
Subsequent to comprehensive business review, initiated and delivered a detailed
strategicplan and process improvementreportto the UNSWexecutiveteam.
Senior Manager, Financial Accounting Advisory Services (FAAS) Aug2004 – Aug 2011
Audit Training Manager, Learning and Development Team
Senior Auditor, Financial Accounting Advisory Services (FAAS)
Ernst & YoungLondon,UK
UK appointmenttaskedtoassistcompanieswithfinancial reporting andprocess matterssuch
as financial statementclose process,statutoryand internal managementreportingandaudit
readiness;
Managed and resolved significant and complex accounting issues in the public and private
sectoras part of a regulatorychange or as a resultof a transaction;
Led multinational teams of accounting, business modelling,tax and systems professionals as
firmexecutiveinfinancialreportingadvisory engagementsacrossUKand Europe;
Full time execution of accounting and audit training programs to audit professionals
throughoutthe UK practice for a periodof 6 months.
KEY ACHIEVEMENTS
Appointed TransactionAdvisory Managerfor Royal DutchShell (Sept10–Feb 11) to assistwith
the US$1BN divestment of 26 businessesacross17 countrieswithin their African operations;
Led EY team of 10 to deliver 26 individual IFRS financial statements from scratch for
the de-mergertransaction;
Managed demanding stakeholder expectations across different countries and
practices to solve complex financialreporting problemsundertighttime pressures;
Appointed IFRS Conversion Manager for ABB Ltd, Zurich, Switzerland (Nov 10 to Jun 11), to
assistwith their globalconversion fromUSGAAPto IFRS;
Advised financial leaders within the business on conversion impact and options,
translating highly technicallanguageinto actionableplansand businesslanguage;
Diagnosed and identified accounting and process changesneeded foreach division to
lead a step program across subsidiaries, supporting client through full conversion
process;
4. Designed practical implementation tools to assistwith a smooth adoption of IFRSfor
the ABB Group globally;
Appointed Financial Reporting Consultant for Legal Services Commission, a UK public sector
department, (Feb to Nov 10) to assist with the improvement of an improved financial close
process;
Coordinated team of highly skilled statisticians to estimate accounting provisions,
linking to accounting processesfornumberverification;
Projectmanaged auditprocess,directing a teamof 10 in the preparation of financial
statementsand accompanying documentation to ensureoutcomewasaccountable;
Delivered on-time reporting to the Department of Justice, translating technical
mathematicallanguageinto comprehensiblebusinessterms;
Successfully project managed year end processand obtained a clean audit report for
the1st
time in many yearsastheprimary pointof contactfortheNationalAuditOffice;
Other UK clients included: Whirlpool Inc, Hilton International Plc, Lastminute.complc, Talktalk plc
and Mitsui Group;
ENTREPRENEURIAL EXPERIENCE
Owner 2013 - Present
Chilli JamCatering
Foundedacateringbusinessin 2013,boutique cateringcompanyspecialisinginevents,private
dinnerpartiesandpersonal chef services acrossSydney;
Drive business performance, marketing, building social media presence, overseeing P&L
management,budgeting tomaintainhighquality indeliveryof services;
Business is currentlyin scale-up phase. Keyachievements to date include catering events for
up to 100 people andsuccessfullyhostingpopupstalls inWestfieldand farmersmarkets.
EARLIER CAREER HISTORY
Graduate to Senior Auditor, Retail and Consumer Products Group Jan 2001 – Aug 2004
Intern – Credit card business analysis | Citibank Hong Kong Dec 2000 – Feb2001
EDUCATION & PROFESSIONAL DEVELOPMENT
Chartered Accountant (Member) CharteredAccountants AustraliaandNZ
Bachelor of Commerce, Accounting and Finance Universityof Sydney
ADDITIONAL INFORMATION
Languages| CantoneseandMandarin,bilingual proficiency
References available on request