Budsabong Pansawadi
CFO
Suan Yai
Summary
Highly effective CFO with 6+ years of experience, skilled in leadership and finance. At PROUD, AMR and IIG helped raise funding more than 3.5 billion baht through carrying out 5 projects with bank and non-bank and redesigning operational flows for real estate business. Involved with M&A deals in biogas power plant and IoT business at 7UP and hotel business at CENTEL. And the last new deal in utilities business at AMR.
Overview
19
19
years of professional experience
1
1
Certification
1
1
Language
Work History
Chief Financial Officer
I & I Group Public Company Limited (IIG)
10.2023 - Current
- Control operations (F&A, IR and Legal)
- Overseeing financial planning and accounting activities to drive performance and ensure the effectiveness of the system.
- Giving overall financial advice to the management.
- Deciding on investment strategies, controlling and evaluating fundraising plans and capital structure.
- Deciding strategy for capital allocation in order to support growth and doing scenario modeling for improved risk assessment.
- Ensuring cash flow is appropriate as well as keeping up-to-date of financial instruments knowledge.
- Assisting executive management in business analysis and other relevant areas significant for decision-making.
- Strengthening relationships with banks and other financial institutions to support the business.
- Review and ensure the financial statement to be complied with Thai accounting standard as well as TFRS.
- Comply the company procedures with the regulations of SEC, SET and BOT.
- Presenting and reporting accurate and timely financial information of the Company to the CEO, the Board of directors and the Management.
- Performing other duties as assigned to promote or benefit the Company
Chief Financial Officer
AMR Asia Public Company Limited (AMR)
05.2022 - 09.2023
- Control operations (F&A and IR)
- Overseeing financial planning and accounting activities to drive performance and ensure the effectiveness of the system.
- Giving overall financial advice to the management.
- Deciding on investment strategies, controlling and evaluating fundraising plans and capital structure.
- Deciding strategy for capital allocation in order to support growth and doing scenario modeling for improved risk assessment.
- Ensuring cash flow is appropriate as well as keeping up-to-date of financial instruments knowledge.
- Assisting executive management in business analysis and other relevant areas significant for decision-making.
- Strengthening relationships with banks and other financial institutions to support the business.
- Review and ensure the financial statement to be complied with Thai accounting standard as well as TFRS.
- Comply the company procedures with the regulations of SEC, SET and BOT.
- Presenting and reporting accurate and timely financial information of the Company to the CEO, the Board of directors and the Management.
- Performing other duties as assigned to promote or benefit the Company
Chief Financial Officer
Proud Real Estate Public Company Limited (PROUD)
08.2019 - 04.2022
- Control operations (F&A and IR)
- Overseeing financial planning and accounting activities to drive performance and ensure the effectiveness of the system.
- Giving overall financial advice to the management.
- Deciding on investment strategies, controlling and evaluating fundraising plans and capital structure.
- Deciding strategy for capital allocation in order to support growth and doing scenario modeling for improved risk assessment.
- Ensuring cash flow is appropriate as well as keeping up-to-date of financial instruments knowledge.
- Assisting executive management in business analysis and other relevant areas significant for decision-making.
- Strengthening relationships with banks and other financial institutions to support the business.
- Review and ensure the financial statement to be complied with Thai accounting standard as well as TFRS.
- Comply the company procedures with the regulations of SEC, SET and BOT.
- Control the implement new accounting system (Change from MANGO to SAP)
Deputy Managing Director of Accounting and Finance
Seven Utilities and Power Public Company Limited
12.2018 - 02.2019
- Review the consolidated financial statements, arrange the monthly management report and support management team with the analytical comments to drive the business
- Review MD&A and 56-1 as well as the presentation to Board of Director on quarterly review, summarize and present issues and results to executive committees and upper management. Analyse financial information for invertors and management.
- Review and monitor the closing of parents company and subsidiaries to be on time, handle the appropriate financial statement and note with high accuracy and on time manner.
- Be responsible for assets control including accounts receivable, inventory and fixed assets. Ensuring the reconciling of physical assets with accounting records.
- Be responsible for all tax matters of group companies, driving the tax policy and refund. And review the tax calculation for PND 51 and PND 50.
- Implement the accounting manual and standard as well as control the process to ensure the correct accounting practice.
- Support accounting members, facilitate and promote efficiency of team members.
- Leads and develops the short and long range strategic financial business plans
- Control the implement new accounting system (Change from SAP to NAVISION)
Vice President - Accounting Department
Seven Utilities and Power Public Company Limited
06.2017 - 12.2018
- Review the consolidated financial statements, arrange the monthly management report and support management team with the analytical comments to drive the business
- Review MD&A and 56-1 as well as the presentation to Board of Director on quarterly review, summarize and present issues and results to executive committees and upper management. Analyse financial information for invertors and management.
- Review and monitor the closing of parents company and subsidiaries to be on time, handle the appropriate financial statement and note with high accuracy and on time manner.
- Be responsible for assets control including accounts receivable, inventory and fixed assets. Ensuring the reconciling of physical assets with accounting records.
- Be responsible for all tax matters of group companies, driving the tax policy and refund. And review the tax calculation for PND 51 and PND 50.
- Implement the accounting manual and standard as well as control the process to ensure the correct accounting practice.
- Support accounting members, facilitate and promote efficiency of team members.
- Leads and develops the short and long range strategic financial business plans
- Control the implement new accounting system (Change from SAP to NAVISION)
Assistant Group Corporate Controller
Central Plaza Hotel Public Company Limited
07.2014 - 05.2017
- Prepare Consolidated financial information for Central Plaza Hotel Public Company Limited(“CENTEL”) in monthly and quarterly basis.
- Prepare financial information and notes to financial information for “CENTEL” in order to submit to SET in quarterly basis.
- Analyse financial information for invertors and management.
- Prepare accounting estimate report for management.
- Review financial information of each hotel property and coach them in term of accounting update.
- Review tax calculation for each hotel property before submit PND 50 and PND 51.
- Work on management demand relating to financial information of CENTEL (Both parent and subsidiary companies).
- Prepare and organize Management's Discussion & Analysis(MD&A) of “CENTEL” to Stock of Exchange
- Prepare Form 56-1 in part “Financial Information” in Annual Report of “CENTEL”
- Assist Group Corporate Controller in ad hoc work
Assurance Audit Manager
PricewaterhouseCoopers ABAS Ltd.
01.2013 - 07.2014
- Auditing: - Listed Company and subsidiaries
- A Listed company engaged Hotel Business - Central Plaza Hotel Public Co.,Ltd.
- Central World Hotel Co., Ltd. (Centara Grand at Central World)
- Central Sukhoten Hotel Co., Ltd. (Centara Hotel Hat Yai)
- Karon Phuket Hotel Co., Ltd. (Centara Karon Resort Phuket)
- Kata Phuket Hotel Co., Ltd. (Centara Kata Resort Phuket)
- Central Karon Village Co., Ltd. (Centara Villas Phuket)
- R.M.L. LEISURE PRIVATE LIMITED (Centara Grand Island Resort & Spa Maidives)
- Centara Maldives Pvt. Ltd. (Centara Ras Fushi Resort & Spa Maidives)
- - Retail/Trading business
- Star 360 (Thailand) Limited (Footware under brand “Onitsuka Tiger”) (apply IFRS)
- Retail 360 (Thailand) Limited (Footware under brand “Onitsuka Tiger”) (apply IFRS)
- Burberry (Thailand) Limited
- BPB Asia Pte. Ltd. (apply IFRS)
- Saint-Gobain (SEA) Pte. Ltd. (apply IFRS)
- - Manufacturing ( For auditing and BOI)
- Thai Gypsum Product Group such as Saint-gobain Weber and Saint-gobain Sekurit , Saint-gobain Abrasive (Thailand) ,BPB Asia and Gypsum Metro .
- EUROKERA (Thailand) Limited
- H-One Part (Thailand) Ltd. (apply IFRS)
- Bosch Automotive (Thailand) Ltd.
- Other assignments
Assurance Assistant Manager
PricewaterhouseCoopers ABAS Ltd.
01.2012 - 01.2013
- Auditing: - Listed Company
- A subsidiaries of listed company engaged Hotel Business, Central Plaza Hotel Group and such as Central World Hotel , Centara Hat Yai Hotel
- –Trading business
- Star 360 (Thailand) Limited (Footware under brand “Onitsuka Tiger”)
- Retail 360 (Thailand) Limited (Footware under brand “Onitsuka Tiger”)
- Saint-gobain Abrasive
- –Manufacturing ( For auditing and BOI)
- Thai Gypsum Product Group such as Saint-gobain Weber and Saint-gobain Sekurit , BPB Asia and Gypsum Metro .
- EUROKERA (Thailand) Limited
- H-One Part (Thailand) Ltd.
- Bosch Automotive (Thailand) Ltd.
- Other assignments
Senior Auditor
PricewaterhouseCoopers ABAS Ltd.
01.2010 - 01.2011
- Auditing: - Listed Company
- A subsidiaries of listed company engaged in Telecom and Technology business, True Group and Subsidiaries such as True Multimedia, Telecom Holding , True Leasing , True Lifestyle and True Properties
- A listed company engaged in Minor Group such as Minor Hotel Group, Royal Garden Plaza Limited , Hua Hin Village
- - Travel and Hotel Business
- Thai Air Asia Ltd.
- Hua Hin Village
- Novotel-Chumporn
- - Pharmaceutical Business
- Novartis (Thailand).
- - Others in service, manufacturing, and also trading business ( For auditing and BOI)
- Thai Gypsum Product Group such as Saint-gobain Abrasive , Saint-gobain Weber and Saint-gobain Sekurit .
- EUROKERA (Thailand) Limited
- H-One Part (Thailand) Ltd.
- Bosch Automotive (Thailand) Ltd.
- Other assignments
Audit Assistant
PricewaterhouseCoopers ABAS Ltd.
01.2007 - 01.2009
- Auditing: - A listed company engaged in Telecom and Technology business, True Group and Subsidiaries such as True Multimedia, Telecom Holding , True Leasing , True Lifestyle and True Properties.
- - Travel and Hotel Business such as Thai Air Asia Ltd.
- - Pharmaceutical Business
- Novartis (Thailand).
- Fort Dodge Animal Health (Thailand) Ltd.
- - Others in service, manufacturing, and also trading business ( For auditing and BOI)
- Novartis (Thailand) Ltd.
- H-One Part (Thailand) Ltd.
- Bosch Automotive (Thailand) Ltd.
- Fort Dodge Animal Health (Thailand) Ltd.
- Samsung Electro-Mechanics (Thailand) Co., Ltd.
Education
Bachelor of Commerce and Accountancy - Accounting, Finance
Thammasat University
03.2007
Secondary School - undefined
Horwang School
Skills
- Budgeting
- Cash Management
Cash flow management
Financial reporting
Financial management
Accounting principles
Budget development
Certification
Certified Public Accountant (CPA), Thailand no.11396
EXTRACURRICULAR ACTIVITIES
Staff of Sport division, Faculty’s Student Committee 2004-2005 President of Sport division, the Faculty’s Student Committee 2006 Treasurer of AC-CHANG Group, Faculty’s Group 2004-2006 Accounting Staff (Thammasat Dummy Company-TDC) 2004 Sale(Temporary) of Bliss Publishing in Bangkok International Book Fair 2004 – 2006 Instructure for Assurance 1, Training course for new assistant auditor 2013-2014 Instructure for Assurance 2, Training course for the 2nd year of assistant auditor 2014
Computer
Microsoft Word, Excel, PowerPoint, and Visio Professional.
Others
Be able to work well under pressure to meet deadline and work in dynamic environment, Team work spirit, and Good communication skills.
Timeline
Chief Financial Officer
I & I Group Public Company Limited (IIG)
10.2023 - Current
Chief Financial Officer
AMR Asia Public Company Limited (AMR)
05.2022 - 09.2023
Chief Financial Officer
Proud Real Estate Public Company Limited (PROUD)
08.2019 - 04.2022
Deputy Managing Director of Accounting and Finance
Seven Utilities and Power Public Company Limited
12.2018 - 02.2019
Vice President - Accounting Department
Seven Utilities and Power Public Company Limited
06.2017 - 12.2018
Assistant Group Corporate Controller
Central Plaza Hotel Public Company Limited
07.2014 - 05.2017
Assurance Audit Manager
PricewaterhouseCoopers ABAS Ltd.
01.2013 - 07.2014
Assurance Assistant Manager
PricewaterhouseCoopers ABAS Ltd.
01.2012 - 01.2013
Senior Auditor
PricewaterhouseCoopers ABAS Ltd.
01.2010 - 01.2011
Audit Assistant
PricewaterhouseCoopers ABAS Ltd.
01.2007 - 01.2009
Secondary School - undefined
Horwang School
Bachelor of Commerce and Accountancy - Accounting, Finance
Thammasat University
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