Kin Chung, Finance Expert in Medfield, MA, United States
Kin Chung

Finance Expert in Medfield, MA, United States

Member since December 14, 2018
Kin is a seasoned finance professional who has managed businesses ranging from $30 million to $850 million in size. He has extensive M&A experience, having integrated a $70 Million business into Tyco and a $300 million business into Sensata. He has worked in FP&A, P&L management, and business partnering capacities. Kin joined Toptal to help clients improve profitability, streamline operations and evaluate strategic options.
Kin is now available for hire

Career Highlights

Education

Case studies

Expertise

Employment

  • Vice President - Finance

    2019 - PRESENT
    Cimcon Lighting
    • Secured Series C funding (>$30 Million) with the management team.
    • Worked with lender on the credit facility and covenanted data requirements.
    • Prepared financial reports and forecasts for monthly BOD packages and internal business reviews.
    • Streamlined sales analytics and trend/mix/pricing/margin analysis and drive working capital optimization.
    • Worked with auditors on annual/statutory audits and process compliance.
    • Managed relationships with insurance and payroll providers.
    Focus areas: CFO, Working Capital Management, Financial Planning & Analysis (FP&A), P&L Forecasting, Fundraising, Cash Flow Management, Startups
  • Owner/Entrepreneur

    2018 - PRESENT
    Code Ninjas
    • Founded Code Ninjas, which offers a game-based curriculum that teaches kids computer programming through building their own games.
    • Evaluated center locations by analyzing demographics, income levels, and STEM program availability.
    • Negotiated LOIs and lease terms with the landlords and management companies.
    • Worked with design companies and architects on Center layouts and mechanical, electrical and plumbing requirements.
    • Screened and worked with general contractors / sub-contractors to build out the center on time and within budget.
    • Market programs to local communities, schools, as well as partner with other organizations that promote STEM learning.
    Focus areas: Profit & Loss (P&L), Pricing Analysis, Budgeting, Corporate Finance, Financial Planning & Analysis (FP&A)
  • Vice President - Finance

    2015 - 2018
    Sensata Technologies
    • Served as the finance leader for the ~$850 million Sensing Solutions business.
    • Integrated Custom Sensors & Technologies (CST) – a $1.0 billion acquisition with ~$300 million in revenues – into the Sensata company portfolio.
    • Developed the finance team of 26 staff to support the changing business needs; built bench strength and looked for opportunities to move talents around the organization.
    • Managed 5-year strategic planning and annual planning processes, aligning headcount and capital investments to short and long term business objectives.
    • Grew revenue from $600 million to $850 million during tenure through organic and inorganic initiatives.
    • Planned and managed supply chain optimization and business re-organization programs that resulted in more than $15 million of annual savings.
    • Appointed as Executive Sponsor of the Asia Finance Council to enable best practice sharing, key talent development and operational goal alignment in the Asia region.
    Focus areas: Profit & Loss (P&L), Operations Finance, Cash Flow Forecasting, CFO, Balance Sheets, Pricing Strategy, Investments, Budgeting, Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A)
  • Finance Director

    2014 - 2015
    Tyco International
    • Managed total company reporting and financial review of the $10.5 billion business.
    • Oversaw ~$150 million company-wide budget for restructuring and re-positioning costs.
    • Evaluated large capital expenditure / real estate investment requests (>$5 million) and facilitated CFO review.
    • Prepared analytics for the Compensation Committee on company-wide incentive plans and stock options programs.
    • Prepared and reviewed Board presentations and aligned Investor Relations’ external reporting and communication to internal reporting.
    Focus areas: Financial Restructuring, Finance Strategy, Capital Expenditure Planning, Finance, Real Estate, Financial Planning & Analysis (FP&A), Valuation, ROI, Due Diligence, Discounted Cash Flow (DCF), Budgeting
  • Chief Financial Officer, Tyco / Reliance Joint Venture

    2012 - 2014
    Tyco International
    • Met regularly with the board of directors and JV's management team to review business performance and set strategic directions.
    • Oversaw all financial aspects of the JV operation where revenue grew from $70 million to $130 million during tenure.
    • Worked closely with project managers to increase gross margins by 500bps at the total company level.
    • Managed Treasury needs through working with Tyco relationship banks (Citibank and Deutsche Bank) and local banks (Bank of China, Bank of Communication, China Construction Bank).
    • Managed JV finance staff of 35 professionals and put succession plans in place for key roles.
    • Visited key customers (Samsung, IKEA, etc.) with the business development teams to build relationships and negotiate financial terms and conditions.
    • Received the CEO Award for Teamwork in 2013 and CFO Award for Finance Excellence in 2014.
    Focus areas: Working Capital Management, Valuation Modeling, Tax Planning, Pricing Strategy, Operating Expenses (OPEX), Forecasting, Budgeting, Cost-benefit Analysis, Profit & Loss (P&L), Project Evaluation, Project Finance, Mergers & Acquisitions (M&A), Financial Planning & Analysis (FP&A)
  • Director of Finance

    2008 - 2012
    Tyco International
    • With Asia Pacific management team, grew the business from $300 million to $500 million in revenue during my tenure.
    • Improved EBIT by >15% CAGR over 4 years.
    • Oversaw financial and tax due diligence on M&A targets in Asia, closing one out of two targets in China and Taiwan.
    • Designed an integration plan for the Taiwan acquisition, with a focus on accounting, tax, treasury, and financial reporting.
    • Drove budgeting and strategic planning processes for more than 12 countries across the Asia Pacific region.
    • Oversaw manufacturing entities in China, Malaysia, South Korea, and India. Drove cost reduction programs to reduce raw materials costs. Evaluated manufacturing investments to optimize overall costs and asset utilization.
    • Managed finance staff of 40 professionals; ensured development plans were in line with job responsibilities.
    • Established legal entity for trading in India and managed SAP implementation for the new business.
    Focus areas: ROI, Due Diligence, Project Accounting, Operating Expenses (OPEX), Operations Finance, Pricing Analysis, Forecasting, Budgeting, Business Planning, Mergers & Acquisitions (M&A), Financial Planning & Analysis (FP&A), Balance Sheets, Profit & Loss (P&L)
  • Transition Manager - Finance Excellence

    2007 - 2007
    National Starch & Chemical
    • Managed finance outsourcing activities for six legal entities to Hewlett Packard.
    • Established work-shadowing plans for operational knowledge transfer.
    • Customized and delivered training to staff on new work flows and information systems.
    • Worked with Hewlett Packard to implement scanning solutions and expense management systems.
    • Coordinated go-live activities and monitored progress to minimize disruption to the business.
    Focus areas: Credit Control, Operating Expenses (OPEX), Cost-benefit Analysis, Accounts, Finance Process Improvement
  • Regional Finance Manager - Asia Pacific

    2007 - 2007
    National Starch & Chemical
    • Managed annual budgeting process across Asia Pacific reporting entities for the $100 million business.
    • Oversaw capital investment of $24 million in a Greenfield re-dispersible polymer powders facility in Shanghai by working closely with the project management team, as well as the corporate tax and treasury functions.
    • Developed external distributor network and increased average selling price by 10%.
    • Reduced DSO by 10 days and DIO by 8 days, which contributed to $5 million of cash-flow savings.
    Focus areas: ROI, Operations Finance, Operating Expenses (OPEX), Pricing Analysis, Project Finance, Cash Flow Modeling, Balance Sheets, Cost-benefit Analysis, Cost Management, Financial Planning & Analysis (FP&A), Profit & Loss (P&L)
  • Finance Manager - Regional Projects

    2006 - 2006
    National Starch & Chemical
    • Evaluated Asia Pacific capital investment opportunities to optimize cross-regional supply chains.
    • Participated in AT Kearney Lever 1 studies in Japan and Thailand, resulting in operating costs and working capital savings of $12 million and $8 million respectively.
    • Championed Asia Pacific efforts in global product code standardization and development of executive information systems.
    Focus areas: Financial Planning & Analysis (FP&A), Financial Systems, Operating Expenses (OPEX), Operations Finance
  • Finance Manager - China

    2003 - 2006
    National Starch & Chemical
    • Managed capital spend and start-up of a $22.5 million greenfield investment into a starch modification factory in Shanghai.
    • Built finance team of seven staff who were responsible for AR, AP, GL, Costing, Tax, and Treasury.
    • Implemented and tracked key performance indicators for yield conversion, raw materials costs, and capacity utilization.
    • Provided strategic inputs to General Manager and senior management on business performance, sales and margins analysis, operational cost reductions, and working capital management.
    • Oversaw closing activities and financial statement preparation in line with local Chinese GAAP and US GAAP reporting.
    Focus areas: Contribution Margin Analysis, Pricing Strategy, Project Evaluation, Project Finance, Financial Planning & Analysis (FP&A), Credit Control, Accounts, Cash Flow Modeling, Balance Sheets, Cost-benefit Analysis, Cost Management, Profit & Loss (P&L)
  • Finance Manager

    2002 - 2002
    National Starch & Chemical
    • Managed financial closing process for the Asia Pacific region, covering more than 25 legal entities.
    • Drove region-wide annual operational planning process as well as monthly and quarterly forecasting processes.
    • Conducted Asia Pacific Quarterly Business Reviews with global headquarters.
    Focus areas: Cash Flow Forecasting, P&L Forecasting, Financial Reporting, Financial Planning & Analysis (FP&A), Budgeting

Education

  • Master of Business Administration (MBA) degree in Finance
    2000 - 2002
    New York University - New York
  • Master's degree in Mechanical Engineering
    1994 - 1996
    Cornell University - New York
  • Bachelor's degree in Mechanical Engineering
    1990 - 1994
    Cornell University - New York

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