Khin Myat Thu

CMA Candidate and MBA graduate with over 18 years of experience in the international and local finance sector. Proven knowledge in Management and Financial Accounting, Treasury, Working Capital management and financial analysis. Strong analytical skills, leadership skills and a deep understanding of financial accounting and reporting standards.

Expert in SAP Business One and other accounting software. Key personnel who motivate the team to maintain financial performance and lead them to meet organization goals and achieve mission and vision.

Financial Controller at I.B.C Int’l Bar Coding and Consulting Inc (2025 – Present)

• Manage and deliver accurate and timely financial statements, management reports and forecasts in full compliance with applicable accounting standards and regulatory requirements.
• Lead the annual forecasting and budgeting process, monitor financial performance on a prior-year (LY) and year-over-year (YOY) basis, providing comprehensive variance analysis to support strategic decision making.
• Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, general ledger management, balance sheet reconciliation and enterprise accounting systems, to ensure the accuracy and completeness of financial records.
• Establish and maintain effective internal control systems to safeguard company assets and uphold the integrity of financial reporting.
• Ensure compliance with municipal, provincial and federal regulations, coordinate with external accounting firms on statutory reporting, corporate income tax filings, GST/PST filing and remittances, WCB, EHT and payroll obligations.
• Conduct in-depth financial analysis to identify performance trends, risks and growth opportunities, delivering actionable recommendations to senior management.
• Drive continuous process improvements to enhance financial systems, operational efficiency, reporting accuracy and internal controls.
• Manage Inventory accounting functions, including valuation, reconciliation, and reporting, ensuring accurate records and strong internal controls.
• Collaborate with banks and financial institutions to optimize cash flow planning, manage working capital and maintain adequate liquidity to support operational stability and business expansion.

Accountant (Part-Time) at Fascino Imports Ltd (Madhatters Group) (2023 – 2024)

• Manage Full-Cycle Bookkeeping in QuickBooks Online
• Sale and Revenue forecasting, financial projection, Weekly and monthly cash flow management
• Maintain and monitor accounting ledgers by posting account transactions such as cash, bank accounts receivable, payable, and accrued liabilities.
• Process bank, credit card reconciliation monthly
• Employee payroll is calculated bi-weekly using the QuickBooks time system to ensure timely and accurate payroll processing.
• Perform the AR invoicing process by checking transaction information, creating and mailing invoices, and identifying delinquent accounts and insufficient payments
• Process and check Accounts Payable invoices, evaluating and validating them to determine if there are any errors
• Liaise with the supplier and arrange AP payments via cheque and EFT.
• GST and PST calculation, filling and remitting payment
• Calculate monthly franchise fees based on agreed terms and sales data.
• Arrange and prepare financial disbursements, ensuring management authorizes all payments before processing.
• Other accounting and admin duties such as insurance, license renewal and government agencies-related tasks as assigned

Country Finance and Controlling Manager at Master Builders Solutions Myanmar Ltd. (BASF Group) (2019 – 2022)

• Supervised the Month-end and year-end closing process to review and finalize the financial data to prepare consolidated Group Reporting within the tight deadline.
• Revenue recognition, cost allocation, and analysis of cost variance (FMC, Fixed Cost, VC)
• Manage and approve all accounting-related entries, General ledger, COA, tax reporting, FX exposure reporting, GL and bank reconciliation.
• Manage and supervise the Account Receivable function.
• Supervise complete Account Payable scope by using the vendor management system.
• Arrange the AP payment process (cheques and online transfer) to align with vendor records and do the AP reconciliation.
• Reviewed and approved the employee payroll, employee claims (RYDO), employee incentives, bonuses and other employee benefit
• Prepared master budget and compared budget with actual performance for review and improvement. (YTD, LY, YOY)
• Calculate product price for pricing strategy, margin control and profit analysis.
• Control and monitor cash flow management and financial forecasting.
• Analyse and present the monthly, quarterly, and half-year financial results for review and further decisions and recommendations in management meetings.
• Organize and perform quarterly inventory checking
• Review and confirm the Fixed Assets register quarterly and perform assets tagging if any changes occur within the period
• Maintain and record the depreciation schedules on monthly basis
• Responsible for Company Income Tax, employee tax, and commercial tax are complied with regulations, submitted to the government and made payments timely and accurately
• Act as local finance team leader to monitor the accuracy of business transactions as per IFRS, IAS, and Group accounting standards.
• Maintain and develop organizational culture, values and reputation with all staff, associates, and management team.
• Liaise with the regional and functional teams to settle all finance and accounting-related issues, including intercompany invoicing and reconciliation, monthly and quarterly.

Financial Controller at Agrastar Myanmar Co, Ltd JV with Agrocorp Singapore Ltd (2017 – 2019)

• Directed and manage the full spectrum of financial and accounting activities.
• Analyzed and finalized management and annual accounts for all financial functions.
• Managed month-end and year-end closings, as well as GL, inventory, and balance sheet reconciliation.
• Review and confirm the monthly inventory report for Raw, Finished Goods and other By product to make sure the quantity is reflected correctly with the Finance record
• Review and approve AP, AR and vendor management transactions for credit control purposes and ledger reconciliation.
• Review and finalize the quarterly Balance Sheet reconciliation
• Review and analyze the monthly operational costing to make effective decisions on production.
• Check and review the credit limit overwrite for customers
• Manage and supervise monthly payroll, employee tax and social security contribution
• Forecast cash flow positions and available funds for investment
• Developed Cash flow management, budget control and financial forecasting.
• Supervised employee revaluation for finance staff and review KPI for their performance
• Maintain proper document system of accounting policies and procedures
• Work with the team to develop finance policies and procedures and ensure that SOPs are consistently followed.

Finance Manager at MYPAY Myanmar Ltd, Yangon (2016 – 2017)

• Check and ensure the preparation of the Financial Report is complete on time.
• Managed Month End Year End closing and reconciliation of general ledger control account.
• Review for finalizing Management and Annual Accounts with all financial functions.
• Forecast cash flow positions and available funds for investment.
• Maintain a document system of accounting policies and procedures
• Review AP and AR Aging reports for credit control purposes and to ensure that all the pending amounts are reflected accurately
• Liaise with internal and external auditors to conduct and complete yearly statutory audits and internal audits.
• Liaise with local tax authority and government bodies for tax and other business matter
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• To maintain and develop organizational culture, values and reputation with all staff, associates and external stakeholders
• Assist CEO in preparation of business strategy, plan and proposal to government bodies and other parties

Account Executive at SPCO Holdings Pte Ltd (2014 – 2016)

• Supervised Full spectrum of Accounts and all financial functions.
• Execute and complete all financial transactions in a timely and accurate manner.
• Review and Analyze accounting record prepared by finance personnel in accordance with accounting principles and Singapore Accounting Standard.
• Review AP and AR Aging reports for credit control purposes and to ensure that all the pending amounts are reflected accurately.
• Review the sub-ledgers and make sure to close before accounts are finalized.
• Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Check and execute the AR transaction and process for bank deposit and issue receipts to related parties.
• Check and ensure all the accrued and prepayment transactions have been done following matching the accounting concept.
• Quarterly & half yearly GST preparation & submission
• Liaise with the Procurement Department for monthly purchase closing.
• Review and approve all the monthly payments and receipts recorded in the System.
• Handles monthly payroll and Tax clearance for employees.
• Liaise with some Government Agencies for some ad-hoc duties.
• Liaise with lawyers and advocates to do the necessary processes to receive some overdue payments from suppliers.
• Recruit Junior Account staff and train and supervise them.
• Other general accounting duties as assigned

Account Executive at THM International IMP & EXP Ltd (2011 – 2013)

• Execute complete sets of accounts with multicurrency by using Tally Accounting Software
• Preparing monthly schedule for account receivables and payables
• Preparing Journal Entries, AR, AP and Bank Reconciliation, expenses recording and reconciliation
• Quarterly and half-yearly GST preparation and submission
• Review and Finalize Income & Financial Statement to prepare Monthly Financial Draft
• Liaise with Local bank to buy and sell Foreign Currency
• Monitoring daily and monthly in changes of currency from Monetary Authority of Singapore
• Preparing Evaluation form for all the employees for purpose of Bonus calculating
• Yearly Income Tax Submission using Auto Inclusion Scheme to IRAS for all the employees and worker
• Monthly CPF Contributions
• Quarterly & half-yearly GST preparation and submission
• Laise with sub-contractor for progress claim and payment process as per contract clause and terms
• Monthly & Yearly Account Closing
• Preparing Audit Schedule & Liaise with external auditor
• Liaise with some government Agencies for some Ad-hoc duties

Account Assistant at CST Container Services Pte Ltd (2008 – 2011)

• Handling full sets of accounts by using QuickBooks Accounting Software
• Preparing Invoices, Issuing Payments, Dealing with Customers & Supplies
• Preparing Journal Entries
• Managed AR and AP-related transactions and prepared a monthly schedule for CFO
• Monitor and confirm any discrepancies between received inventories and purchased records.
• Apply, Renew and Issue Employment passes and Work Passes using EP Online and WP online
• Liaise with Insurance Agencies and get quotation for the Renewal of Insurance Policies
• CPF and Foreign Worker Levy Contributions
• Quarterly & half yearly GST preparation & submission
• Audit Schedule and liaise with the external auditor.
• Closing Bonded Warehouse Account monthly and submit to Singapore Customs in year-end

Master of Business Administration – University of Canada West

Diploma in Financial Management – Institute of Commercial Management

Bachelor of Commerce (B. Com) – Yangon Institute of Economics