1. PHILIP HENDRY
22 Jalan Tari Piring * Singapore 799175 * 65-8382-6269 * phendry77@hotmail.com
EDUCATION
Seattle University, Seattle WA
Master of Business Administration (M.B.A), Accounting and Business Statistic, 2004 (Cum Laude
Honor GPA: 3.7)
Institute of Management Accountant (IMA), Seattle WA
Certified Financial Management (CFM), 2001
University of Washington, Seattle WA
Bachelor of Arts, Finance & Accounting, 1999 (Cum Laude Honor GPA: 3.69).
Recipient of Albert V. Rossi scholarship.
Strengths/ Skills
· Extensive senior financial and business experience encompassing Logistics, Procurement, HR, IT
and Facilities with successful track record of business partnering in regional locations
· Versatile leader with exceptional organizational skills with aim to apply best business practices
through delivering changes and business restructuring as warranted.
· Senior Financial professional with in-depth knowledge of Accounting applications –IFRS, US GAAP
(Sarbanes Oxley) and Singapore Accounting Standard (SFRS). Strong focus toward preparation of
statutory and management financial reporting.
· Extensive audit experience with strong commercial acumen. Successful delivery in Commercial
Arrangement, Transfer Pricing, Budgeting/ Cost Control, External and Internal Audit, and
Negotiations.
· Energetic team leader and excellent human management skills. Successfully manage large
professional groups with different ages and backgrounds in a Multinational environment to work
collaboratively in achieving organizational objectives.
· Comfortable in high-pressure environment and successfully handle numerous demanding and multi-tasking
business requirements.
· Communicates insights to employees the view that their responsibilities are part of a broader team
effort in which each specific function must contribute to the overall benefit of the company, with a
continual focus on providing the best services to internal and external customers
Language Skills (Spoken & Written)
English – Fluent, Indonesia – Native Speaker, Chinese – Conversational
Computer Literacy
Proficient in Microsoft Office – Access, Excel, Word, SQL Code, and other Microsoft applications
Proficient in Accounting and Audit Software –Hyperion, SAP, Oracle GL, Data Warehouse,
Professional Experience
Nov 2013 – Current Director – Finance & Accounting (Country CFO)
Chicago Bridge & Iron, Oil & Gas, Singapore
Responsibilities:
· Business Partner with Managing Director in setting strategic direction and managing Oil & Gas
operations in Singapore.
· Responsible for complete financial spectrum (statutory and management) of the Singapore Company
including associated branch and Engineering projects. Branch is located in Papua New Guinea.
Major projects are located in numerous international locations: Netherland, United Kingdom, Saudi
Arabia, Singapore, and United States.
· Close collaboration with senior management to advise commercial approach and financial direction of
the company whilst resource planning for future needs.
· Develop major financial objectives, analyse and prepare reports which outline the company’s
complete financial position based on past, present, and future operations.
· Perform complete financial analysis and develop Financial Modeling to evaluate and forecast
company financial performance (Projected Cash-Flow, Gross Profit Margin, Projected Earnings,
2. PHILIP HENDRY
22 Jalan Tari Piring * Singapore 799175 * 65-8382-6269 * phendry77@hotmail.com
others) during tender bidding process with major clients. Financial results and recommendation are
justified and presented to Board of Director for final approval and submission
· Design CBI Singapore financial policies, regulations, and procedures to ensure compliance.
· Serves as Board of Director (CBI Shaw) and Corporate Secretary (CBI Singapore and CBI Australia
Joint Venture) in accordance with Bylaws and duties so defined
Achievements:
· Complete revision of the finance and business internal process to improve compliance, efficiency,
and internal performance. Efforts resulted in significant improvement in Corporate Internal Audit from
28 findings (Dec 2013) to 1 finding (June 2014).
· Revamp cash-flow procedures of the major projects that allow Company to obtain cash-flow positive
position. New procedure resulted in USD 5M cash-flow positive movement in the balance sheet and
significant improvement (interest savings, bank penalties, others) in our banking operations.
· Develop cost control initiatives to closely monitor the Company spending in alignment to the current
and future business projections. Internal cost initiatives result in projected annual savings of USD
2.5M in 2014.
Jan 2008 – Nov 2013 Regional Commercial & Finance Controller
AMEC, Global Mobility, Singapore
Responsibilities:
· Oversees complete financial spectrum of the Singapore Company including associated branches and
subsidiaries. Branches are located in the Middle East (Kuwait) and Eastern Europe (Azerbaijan) with
subsidiary in the United Kingdom, Spain and Papua New Guinea.
· Serves as AMEC Director in Singapore Board of Director and subsidiaries in accordance with Bylaws
and duties so defined
· Shared Services management and business/ client consultations with AMEC businesses
internationally within tight timeline and challenging environment. Business transactions have been
performed successfully in 38 locations with 83 projects.
· Oversees the company financials which include timely and accurate management and regulatory
reporting, financial planning & budgetary control, cash-flow management, taxation, and internal
control/ compliance of the company.
· Consistent business engagement, persuasion, and presentation to Group President and Senior
Directors in recommending the most appropriate business structure and pricing application to
maximize financial gains and protect against transfer pricing violations.
· Management of Global Payroll Function with annual working capital of £109 Millions. Global payroll
manages comprehensive payroll requirements in multiple currencies from employee commencement
to annual tax payments in accordance to the Local Statutory Government Regulation.
· Extensive engagements with Big-4 Accounting Firms to negotiate, agree, and finalise the financial
and taxable positions of the company.
Achievements:
· Develop and implement a new Funding Model to guarantee a routine Revenue/ EBIT and ensure
consistent approach for charging all business services. Endorsement has been obtained from AMEC
Chief Operating Officer. Efforts resulted in sustainability of the company operation in the short/ long
run and support the transfer pricing requirement.
· Successful business engagement especially toward senior management of the business in global
locations. Efforts resulted in aggressive growth and expansion of the Singapore business to manage
40 additional projects within the past 5 years
· Develop the overall Commercial Mapping and Change structure to streamline and improve business
engagement with external clients from legal, tax, and local statutory government perspective. Efforts
resulted in significant reduction in the response time to the business while mitigating the company
risks in performing International commercial transactions.
· Spearhead the Global Payroll synergy from 5 separate payroll processes in different countries to one
integrated solution in Singapore. Payroll transition resulted in significant improvement in payroll
performance from 75% to 99% compliance while reducing the company operational costs by 45%.
3. PHILIP HENDRY
22 Jalan Tari Piring * Singapore 799175 * 65-8382-6269 * phendry77@hotmail.com
· Develop and reorganize finance and inter-company processes across finance and payroll functions
globally within AMEC. Efforts resulted in significant improvement of audit performance, positive
operational monthly cash-flow, significant reduction in the inter-company outstanding and
reconciliation time.
Jan 2007 – Dec 2007 South Asia District Manager – Finance & Accounting
United Parcel Service, Singapore
Responsibilities:
· Direct and manage all aspects of finance and accounting in 8 countries (Indonesia, Singapore,
Thailand, Philippine, India, Malaysia, Australia, and New Zealand) with Country Financial Controllers.
· Business advisor to the VP of Finance for continuous improvements in accounting, financial
performance, and corporate governance.
· Involve in strategic planning with top management to strive the long-term business expansion and
deliver results for the ongoing actions.
· Oversee the District internal controls based on US GAAP and SOX Requirements, monthly
management report, financial planning, budgetary controls, taxation, audit, and legal issues.
· Working with Marketing Director to oversee the compensation and benefit structures of UPS Agent
Operations in 6 countries – Bangladesh, Vietnam, Nepal, Guam, Pakistan, and Sri Lanka.
Achievements:
· Initiated District Cost-Saving initiatives that reduced District Operating Expenses by 6% in
Q1& Q2 2007. These initiatives aim to produce a total cost reduction of 12% by the end of 2007.
· Aggressively meeting UPS major clients to maintain strong and ongoing relationships. Efforts
resulted in successful negotiation in an attempt to gain additional volume and revenue from
competitors while reducing District A/R Collection balances by 8%.
· Formulated and implemented aggressive business plan strategy to successfully achieve District
targets. The South District achieved 9 out of 10 Balance Scorecard elements in Q1 & Q2 2007.
Dec 2004 – Dec 2006 Director – Finance & Accounting
United Parcel Service – Joint Venture, Jakarta, Indonesia
Responsibilities:
· Leading the Indonesia country Finance Team in managing the full spectrum of Financial and
Accounting activities.
· Provided in-depth financial analysis and recommended business strategies to the Board of
Commissioner to achieve country profitability on an annual basis.
· Devised the country short-term and long-term business plan strategy and closely monitored the
country financial performance and cost spending on a weekly and monthly basis.
· Liaised with external auditors, tax advisor, country legal and Board of Director to ensure compliance
with accounting standards and policies.
· Prepare timely submission of monthly financial and management reports
Achievements:
· Successfully turn around the Indonesian Joint Venture to achieve profitability and positive cash flow
in 2005 and 2006. The Indonesian country recorded highest profit in 2006 within 10 years existence
of the Joint Venture.
· Spearheaded the contract negotiation with large customers in Indonesia. Efforts resulted in additional
$2 million Gross Revenues (13% increases) in 2006.
· Initiated Country Cost-Saving initiatives that reduced the Indonesian operating expenses by 15%.
Few of these initiatives were adopted by UPS Region to be implemented in all Asian countries
· Developed new financial analysis tools and trained department managers on its use. Efforts resulted
in 8% Overtime Reduction (average 200 hours monthly) in 2006
Dec 2001 – Nov 2004 Finance Manager
United Parcel Service, Seattle, Washington
Responsibilities:
4. PHILIP HENDRY
22 Jalan Tari Piring * Singapore 799175 * 65-8382-6269 * phendry77@hotmail.com
· Implemented Washington District business plan strategy to successfully manage $386 million annual
budget in the district.
· Ensured compliance with statutory reporting requirements, financial accounting regulations, and
assist in operation management to improve efficiency and profit margins.
· Preparation of timely financial and management reporting, budgeting & forecasting, and cash-flow
management
· Aggressively working with the senior management to assess and identify opportunities for
standardizing and simplifying process initiatives to achieve best practices.
Achievements:
· Developed complex, innovative audit approaches to meet corporate guidelines. The new approaches
had resulted in the third highest audit score (98%) in the UPS Worldwide.
· Performed in-depth analysis used to assist executives in strategic planning. Findings were
subsequently used for decision making in contract negotiations with potential customers.
Aug 2000 – Nov 2001 Supervisor – Senior Financial Analyst
United Parcel Service, Seattle, Washington
Responsibilities:
· Analyzed financial performance of UPS accounts and evaluated the impact of pricing method using
Traditional Method (NPV, ROA, IRR) and Value Based Measurement Method (EVA, Cash Flow)
· Ensured accurate and timely journal entries in the accounting book on a monthly basis.
Achievements:
· Successfully completed all journals and closed the book on a timely basis.
Aug 1999 – July 2000 Financial Analyst Specialist
United Parcel Service, Seattle, Washington
Responsibilities:
· Handled the collection and dissemination of financial data, performed profitability analysis, and
provided management reporting.
Achievements:
· Successfully performed the post-profitability analysis and writing action recommendations to the
Finance Manager
· Received numerous recommendations from customers for outstanding customer service