Hoi Lam Fung
London,United Kingdom
Summary
Audit manager trained by Big 4 firms with expertise in IFRS, UK GAAP, group consolidation, and financial statement preparation. Experience spans multiple industries including real estate, hotel operations, shipping, biotechnology, construction, and natural gas supplies. Proven ability to resolve complex accounting issues, coach teams, and deliver high-quality results under tight deadlines. Aiming to leverage audit insights in a group reporting manager role to enhance reporting quality and support strategic decision-making.
Overview
13
13
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work history
Audit Manager
Ernst & Young
London
08.2022 - Current
- Leading high-performing teams to complete the following group and statutory audits:
- Reviewing statutory financial statements prepared under IFRS, FRS 102, FRS 101 and SORP
- Working with other Audit Senior Managers for interim results review of , one of the FTSE 100 companies
- Addressing audit quality and technical reviewers’ comments of pre-issuance reviews
- Developing procedures of auditing clients’ system migration by understanding the controls and mapping of data, and ensuring completeness of data transferred
- Cooperating with Tax and Valuation specialists to complete corporate tax and investment properties’ valuation reviews
- Reviewing the design, implementation, and test of controls of accounting cycles including financial close, treasury, bank borrowings, revenue, costs, payables and accruals, fixed assets, leases, payroll and shared-based payments
- Presenting audit planned work to Finance Director of a charity audit client
- Owning audit budgets and performing monthly forecast of engagement hours and project margin
- Monitoring audit progress against budgeted costs and progress billings
- Coaching, supervising, and providing timely feedback to junior team members
- Assisting with new client proposals, including setting up budgets and audit timeline
- Working with data analytics team and developing bespoke calculation models:
- Preparing the following independent technical accounting review memos:
- Acting as an Audit Manager for the following listed and private companies:
Audit Manager
Deloitte Touche Tohmatsu
Hong Kong
10.2021 - 07.2022
- Developed and executed audit plans with over 20 client portfolios
- Addressed audit quality and technical reviewers’ comments of pre-issuance reviews
- Acted as an Audit Manager for completion of IPO and listing in HKEX for Biotech Co. with business operations in the US and PRC in 2021
Audit Senior
Deloitte Touche Tohmatsu
Hong Kong
01.2018 - 09.2021
- Audited and reported consolidated financial statements for listed companies, MNCs and private entities with operations in Hong Kong, PRC, the U.S., and Macau under IFRS and HKFRS
- Addressed audit quality and technical reviewers’ comments of pre-issuance reviews
- Planned audit work for Hong Kong listed companies in setting up audit timetable, understanding the entities and their internal control environments, performing risk assessments, and identifying internal control activities
- Performed risk assessments for different accounting cycles through applying with data analytic tools
- Prepared the following independent technical accounting review memos:
- Key point of contact of a charity audit client:
- Reviewed substantive tests of revenue from contracts with customers recognized over time based on input method under IFRS 15:
- Acted as an audit-in-charge of biotech company with A1 submission for listing in HKEX and listed companies in both Hong Kong and Canada, including
- Acted as an audit-in-charge in biotech, construction, hotel operation, investment properties and natural gas utility in the US, Hong Kong, and PRC
- Provided guidance to audit team members on audit methodologies and reviewed their work
Audit Senior
Mazars CPA Limited (Hong Kong)
Hong Kong
10.2016 - 01.2018
- Prepared consolidation level and company level working papers and assisted in issuance of Accountants’ Reports for both Hong Kong and Singapore based companies which applied IPO in Hong Kong Stock Exchange
- Completed agreed upon procedures instructed by a US group auditor in terms of internal control and performed test of control of a Taiwan based manufacturing company
- Assisted in completion of other audit related services on Proposed Major Acquisition by reviewing Working Capital Sufficiency and Statement of Indebtedness of the following listed company:
- Key audit team member of the following listed company in Hong Kong:
Audit Associate
Mazars CPA Limited (Hong Kong)
Hong Kong
01.2015 - 09.2016
- Assisted in completion of other audit related services on Proposed Major Acquisition by reviewing Working Capital Sufficiency and Statement of Indebtedness of the following listed company:
- Key audit team member of the following listed company in Hong Kong:
Assistant Accountant
Wong Brothers & Co. CPA
Hong Kong
11.2014 - 12.2014
- Performed audit testing and completed company level working papers for a listed company
- Key audit team member of the following listed company in Hong Kong:
Trainee Accountant
Wong Brothers & Co. CPA
Hong Kong
07.2013 - 10.2014
- Performed audit testing and completed company level working papers for a listed company
- Key audit team member of the following listed company in Hong Kong:
Education
Bachelor of Commerce - Accounting
Hong Kong Shue Yan University
Hong Kong 09.2009 - 07.2013
Skills
- Financial reporting and analysis
- Project management experience
- ACA and HKICPA qualified
- Budgeting and forecasting
- Financial audits
- Financial risk management
- IFRS and UK GAAP
Affiliations
- Tennis
- Football
- Pop music
- Travelling
Languages
English
Fluent
Chinese (Cantonese)
Native
Chinese (Mandarin)
Fluent
Systems and tools
Exposure to Anaplan, Yardi Voyager, Microsoft Dynamics 365, QuickBooks, StarRez, IRIS and Workiva
Volunteer work in EY
- Facilitated internal training for New Senior Programme
- Helped recruit first year associates by acting as Group Assessor in London and Manchester offices
- Assisted in Transparency Report with audit partners and conducted analytical review of revenue
Certification
The Institute of Chartered Accountants in England and Wales (“ICAEW”)
- ACA, Mar 2022 - present
Hong Kong Institute of Certified Public Accountants (“HKICPA”)
- Certified Public Accountant, Mar 2017 - present
The National Putonghua Proficiency Test
- Level 1 Grade B, Nov 2011
Accomplishments
- HKICPA Scholarship 2012
- Deloitte PRC Tax Championship (Champion in Hong Kong region) 2012
- The Chinese Manufacturers’ Association of Hong Kong and Donors Scholarship 2011
- Honour Roll 2011
- Cum Laude List 2009-2011
Timeline
Audit Manager
Ernst & Young
08.2022 - Current
Audit Manager
Deloitte Touche Tohmatsu
10.2021 - 07.2022
Audit Senior
Deloitte Touche Tohmatsu
01.2018 - 09.2021
Audit Senior
Mazars CPA Limited (Hong Kong)
10.2016 - 01.2018
Audit Associate
Mazars CPA Limited (Hong Kong)
01.2015 - 09.2016
Assistant Accountant
Wong Brothers & Co. CPA
11.2014 - 12.2014
Trainee Accountant
Wong Brothers & Co. CPA
07.2013 - 10.2014
Bachelor of Commerce - Accounting
Hong Kong Shue Yan University
09.2009 - 07.2013