Soon Young Yoon

17 Staffs in the Team

• Served as a go-to resource for colleagues seeking assistance in navigating complex reporting issues or understanding intricate financial data.
• Consistently met deadlines with well-organized work plans and efficient time management skills.
• Maintained strict confidentiality of sensitive financial data, upholding company policies and ethical standards.
• Managed multiple concurrent projects while maintaining attention to detail and prioritizing tasks effectively under tight deadlines.
• Established strong working relationships with internal stakeholders, ensuring smooth communication and collaboration on projects.
• Played an integral role in annual budgeting processes by providing accurate financial data and projections, contributing to informed decision-making and resource allocation.
• Enhanced team productivity through effective delegation of tasks and clear communication of expectations.
• Continuously sought opportunities for professional development, obtaining relevant certifications to enhance expertise in financial reporting.
• Developed comprehensive financial reports for senior management, driving informed decisionmaking.
• Collaborated with cross-functional teams to gather accurate information for timely report creation.

• ERP System – SAP / Power BI /ESKER Purchasing system/ Concur
• Accounting to Report for Korea Entities (Leybold/CSK/PC Asan) in VTBA (OCT 2023 – APR 2025) -9 staffs in the Team
• Accounting to Report for Southeast of Asia Entities (Singapore/Taiwan/Malaysia/Australia/Philippine) in VTBA (JUN 2016 – SEP 2023) - 7 staffs in the Team

1. Management Accounting

• Review monthly, quarterly, and annual financial reports, which include operating statements, accounts receivable aging, and various performance measures for Sales revenue.
• Prepare and get approval from BC for various reports of Sales, Finance, Interco-Match and PM.
• Create various report and AD Hoc Reports (Differences for each entity) by requirement.
• Prepares and reports Quarterly BS Review meeting with BCs.

2. General Ledger & Journal entries

• Provide management of the general ledger, the preparation of the financial statements, as well as conducting financial analysis and technical research.
• Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records.
• Prepare and calculate various provisions regularly.
• Supports and review for corporate tax computations and tax filling.
• Investigate, discuss, and agree issue raised by other teams as Local Finance.

3. Audit

• Analysis of financial reporting and results upon requests.
• Perform Audit procedures with assigned financial consulting firm for Group and Statutory.
• Perform internal control test support for each entity.

4. Other

• Provide mentoring and support to Specialist, Accountant and Sr Accountant.
• Actively approach to Key Process Improvement.
• Support and conduct Finance Project with Group finance.

• Delivered monthly overhead and service variance analysis (STC/Field Service), identifying key cost drivers and providing actionable insights for service leadership and business reviews.
• Built variance commentary and bridge analysis (Actual vs Budget/Forecast, MoM/YoY) to support strategic initiatives and executive-ready decision making.
• Calculated and maintained labor rates for STC/FS, improving transparency of cost-to-serve and strengthening forecasting assumptions.
• Performed installation cost reviews and deep-dives to detect cost leakage and recommend corrective actions (e.g., reclassification, process fixes).
• Prepared and automated recurring SAP BW reports and ad-hoc dashboards, reducing manual reporting.
• Reviewed service order settlement results to minimize month-end volatility and reduce post-close adjustments through root-cause actions.
• Reviewed cost center allocation methodology and allocation keys, recommending driver-based improvements to increase fairness and accuracy of overhead distribution.
• Owned inventory provision preparation and conducted special stock movement reviews, highlighting risks/opportunities and strengthening reserve accuracy.
• Supported physical inventory counts and reconciliations, partnering with operations to resolve variances and improve data integrity.
• Supported internal/external audits by providing evidence and clear explanations of costing, allocations, and inventory movements, improving audit readiness.

(Project : Transferred Finance role to Singapore)

• ERP System – SAP

1. Account Payable

• Install and stabilize employee expense system as a localization.
• Create Generate Payment Requisition for internal & external vendors (KRW/USD)
• Review the account balance as a monthly
• Allocation for common cost as a monthly basis
• Accrual a credit card balance, Business transaction and Marketing expense

2. Treasury

• Control daily cash reconciliation and monitor credit card collection process.
• General accounting closing on a monthly/quarterly/yearly basis by the K-GAPP and US-GAAP
• Prepare monthly cash flow status reporting and forecast to enable company healthy working capital management.
• Manage all the documents and reports requested by internal and external including financial statements.

3. Account Receivable

• Check a credit information for a customer before starting sales transaction.
• Match to bank balance and AR balance clearly as a daily basis.
• Contact to Sales representative for AR collection.
• Updating AR report to Sales department for sharing accurate AR condition as a daily basis

4. VAT Reporting

• VAT account and tax invoices management
• Filing the Value-Added-Tax returns
• Management e-VAT

• ERP System – Oracle/MFG Pro

1. General Accounting

• Supported all the documents and reports requested by internal and external -including financial statements.
• Prepare monthly/quarterly internal reports and ensure the financial statements in a timely manner and comply with the monthly reporting schedule.
• Supported to forecast of the accounting accrual amounts on closing.
• Reconcile all balance sheet accounts as per GE guideline on monthly and quarterly basis.

2. Intercompany

1) Account Payable / Payment

• AP invoice reviewed and validated with operation team and transfer to system.
• Forecasted FX spot amount bought, and external vendor maintain (USD)
• Checked payment in Oracle and sent payment detail to intercompany co-workers.
• Managed Withholding tax with USD interest

2) Account Receivable

• Coordinated with Operation people for overdue collection and streamline the process to enhance overall efficiency.
• Circulation of intercompany receivable listed to Operation team bi-weekly.
• Confirm a collection amount with each entity before remittance and keep the timeline.

3) Closing

• Prepared weekly bank reconciliation and monthly cash closing for the financial report.

3. PP & E (Fixed Asset)

• Asset addition, depreciation, retirement, and disposal in Oracle (Monthly)
• Physical inventory of fixed assets (Yearly)
• Made an asset report for VAT declaration.
• Adjustment GAAP difference for PP&E and intangible assets
• Made detailed statement of PP&E and intangible assets for the corporate tax declaration.

4. Inventory (Cost Account)

1) Accounting

• Registration of inventory cost and Scrap
• Review of aged inventory and Report to Sales team/controller/CFO
• Quarterly Obsolescence Reserve Entry
• Annual FIFO Revaluation Entry
• Annual Global Physical Inventory
• Pre-closing, Mid year-closing and Year end closing

2) Planning & Analysis

• Forecasted FIFO Revaluation and Inventory Obsolescence Reserve Balance
• Amortization of Standard cost updates
• Reduce the old item through competent sales analysis.
• Plan for proper inventory turnover with Operation Team

3) Audit

• Internal Audit by CAS
• External Audit by KPMG

5. Other

• Inventory Training for FP&A team
• VAT Filing/Arrangement