Xi Chu, Finance Expert in London, United Kingdom

Xi Chu

Finance Expert

Location
London, United Kingdom
Toptal Member Since
September 23, 2020

An FP&A expert and chartered accountant, Xi led the Barclays treasury finance team managing a $250+ billion liquidity pool, a $30+ billion capital issuance forecast, and completed five Bank of England and European Central Bank stress tests. As head of FP&A at a private equity-backed real estate firm, Xi designed financial models to advise the board on financial issues. Experienced with multiple industries and firm sizes, Xi utilizes her financial expertise to create value for her clients.

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Education

Master's Degree
The London School of Economics and Political Science

Select Certifications

ACA
Institute of Chartered Accountants in England and Wales

Case Studies

Image of Three-statement Forecast project
Three-statement Forecast
Three-statement ModelingForecastingFinancial ModelingBudget ModelingCash Flow ModelingBalance Sheet Optimization+ 1 more
Image of P&L and KPI Forecast for Fintech Business project
P&L and KPI Forecast for Fintech Business
P&L ForecastingKey Performance Indicators (KPIs)Key Performance MetricsTransaction ModelingFinancial ModelingBudget Modeling+ 2 more

Industry Expertise

Accounting ServicesFinanceBankingReal EstateFinancial ModelingFintechArtificial Intelligence (AI)P&L Forecasting

Work Experience

2019 - 2020

Head of Financial Planning and Analysis

NDA
  • Led all financial planning and analysis activities in the company, including annual budgeting, interim forecasting, financial performance analysis and reporting, and operating plan preparation.
  • Designed and implemented financial models for the group's annual budget covering lettings, sales, surveying, financial services, and project and maintenance.
  • Collaborated with the CEO, CFO, and rest of the board as well as business heads to identify and resolve performance issues.
  • Charted a path to enhanced performance by analyzing business line profit margins, developing marketing strategies, saving costs, and identifying KPIs to drive profitability.
  • Introduced 400% efficiency improvements in the HR reporting process through data capture automation and control environment enhancement.
  • Managed the group’s planning analytics system (Cognos TM1), ensured accuracy and integrity of the data held (>500,000 data points), and enhanced reporting process via automated data capture and dashboard generation.
  • Helped identify an M&A potential target in the London real estate space, prepared a valuation model using a discounted cash flow approach and acquisition plan for a potential $3 million acquisition.
Focus areas: Cash Flow Modeling, Balance Sheet Optimization, Cash Flow, Acquisition Analysis, Financial Reporting, Board Decks, Key Performance Indicators (KPIs), Budget Modeling, Financial Modeling, Financial Planning & Analysis (FP&A)
2015 - 2019

Vice President

Barclays
  • Led a team of four to deliver a treasury balance sheet and P&L forecasts for the bank’s short/medium-term plan (STP/MTP) and regulatory street tests (Bank of England and European Central Bank).
  • Managed and produced key management information packs for the forecast and analysis of >$30 billion of wholesale funding and $250 billion of external assets.
  • Managed the onboarding of a new forecasting model upon the introduction of new banking regulations via working closely with colleagues across treasury and IT to understand, assess, and deliver changes.
  • Prepared numerous review packs and analysis presentations for the senior management, including group treasurer, group finance director, and treasury CFO.
  • Collaborated with other treasury teams to review the bank’s forecast capital and liquidity matrix via producing scenario analysis as a key contributor to the management decision process.
  • Represented treasury finance in planning timeline and approach discussions with multiple stakeholders across the bank, contributing to the coordination of a group-wide planning cycle and stress tests.
  • Contributed on the determination of optimized capital issuance structure and timeline. Advised on complex capital issuance solutions such as asset-based securities, subordinated debt, and Additional Tier 1 Capital Contingent Convertibles (AT1 CoCos).
  • Promoted from analyst to vice president within two years.
Focus areas: Capital Raising, Treasury & Liquidity Management, Forecasting, Financial Planning & Analysis (FP&A), Financial Modeling, Treasury
2010 - 2014

Assistant Manager

KPMG
  • Led external audit (under IFRS and UK GAAP) and regulatory assurance projects for several investment banks and financial services firms, including HSBC, Citigroup, Credit Suisse, Daiwa, Visa, and Scotia Bank.
  • Performed various financial review engagements including a credit impairment review of a $15 million lending portfolio at HSBC Private Bank.
  • Advised clients on complicated accounting issues covering financial instruments, goodwill, fixed asset, deferred tax asset, investment property, derivatives, credit provisioning, leasing, hedge accounting, and group consolidation.
  • Managed teams of various sizes (from 2-5 people) across different engagements and ensured consistent collaborative delivery via active relationship building and coaching.
Focus areas: Banking & Finance, Financial Services, Regulatory Compliance, Auditing, Accounting, Big 4 Accounting

Education

2008 - 2009

Master's Degree in Real Estate Economics and Finance

The London School of Economics and Political Science - London, United Kingdom

2004 - 2008

Bachelor's Degree in Land and Real Estate Management

Renmin University of China - Beijing, China

Certifications

JULY 2020 - PRESENT

Deep Learning Specialization

Coursera

DECEMBER 2013 - PRESENT

ACA

Institute of Chartered Accountants in England and Wales