Leung Cyrus

Led financial statement audits (60+ annually) for global asset management and financial service clients (AUM over CAD 100B in total) under IFRS and US GAAP. Managed complex engagements (20+ annually) involving consolidations, fundraising, deal executions, investment valuations, and financial reporting for banks, private equity fund, mutual funds, hedge funds and pensions. Reviewed the elimination of intercompany transactions and balances, investment valuations, NAV calculations and cash flow analysis for multi-entity structures.

Audit Manager at PricewaterhouseCoopers LLP (2023-01 – 2025-03)

• Led financial statement audits (60+ annually) for global asset management and financial service clients (AUM over CAD 100B in total) under IFRS and US GAAP.
• Managed complex engagements (20+ annually) involving consolidations, fundraising, deal executions, investment valuations, and financial reporting for banks, private equity fund, mutual funds, hedge funds and pensions.
• Reviewed the elimination of intercompany transactions and balances, investment valuations, NAV calculations and cash flow analysis for multi-entity structures.
• Performed financial analysis (60+ annually), including portfolio allocation reviews (40+ annually) and scenario analysis (20+ annually), and ensured accurate valuations of investments (30+ annually) based on IFRS and US GAAP.
• Developed and executed risk-based audit plans (30+ annually), ensuring compliance with professional standards and firm methodologies.
• Cooperated with fund administrators, finance, operations, products, and investment teams (5+ teams per engagement on average) to streamline reporting and increase process efficiency.
• Provided performance feedback and technical coaching for 10+ audit teams, fostering professional growth and engagement.
• Built and maintained strong 5+ client relationships, led audit committee presentations (10+ annually) and discussions with management (10+ annually).
• Partnered with clients to conducted SOX compliance testing and internal control assessments, reviewed financial deliverables with tagging, and enhance financial governance (5+ engagements annually).

Audit Manager at KPMG LLP (2021-09 – 2022-06)

• Organized meetings with different external parties in legal, operations, compliance, management, etc and discussed valuation models and related assumptions, various due diligence reports, business developments and strategies of the underlying investments or acquisitions.
• Performed analysis on financial information for private investments (10+ annually) including sensitivity analysis, cash flow analysis, capital structure analysis, and benchmarking for investments, utilizing financial models and valuation methodologies (e.g. discounted cash flow model, market multiples, financial instruments, economic lives of intangible assets, revenue growth rates, beta, discount rates).
• Performed independent valuation reviews (100+ annually) on different kinds of public investments and derivatives to Bloomberg or Thomson Reuters terminals.
• Managed mergers and acquisitions and consolidation accounting (5+ annually) for multi-jurisdictional subsidiaries, ensuring accurate IFRS-compliant financial reporting for clients like Vistra Group.
• Reviewed deliverables including annual reports, announcement, audited accounts and AGM
• Reviewed compliance filings (5+ annually) on SFC Financial Resources Rules Returns (FRR) and banking returns like large exposure and liquidity.
• Evaluated margin financing controls, including margin call procedures, loan-to-value (LTV) ratio monitoring, stock concentration risks, and expected credit loss (ECL) provisioning.

Assistant Manager / Accountant at KPMG LLP (2018-01 – 2021-08)

Assurance Associate at BDO Limited (2015-09 – 2018-01)

Consultant (Secondment) at DBS Bank (Hong Kong) Limited (2016-06 – 2016-10)

BBA (Hons) in Accountancy – The Hong Kong Polytechnic University (2012-09 – 2015-08)