Sicong Liu
Richmond
Summary
I am a versatile and strategically-focused CPA with over 10 years of senior-level experience with multinational public companies. Proven expertise in global consolidation and financial reporting within complex and multicurrency environments. Specialized in M&A activities, including purchase price allocation, complex financial modeling, and post-acquisition integration. Extensive experience in financial planning and analysis, driving strategic decision-making through detailed budgeting, forecasting, and variance analysis.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Assistant Controller
Colliers International (NYSE: CIGI)
2019.01 - Current
- Prepare and review complex consolidation including over 100 international entities in a multi-currency, non-controlling interest, and complex ownership environment
- Designed and implemented various process improvements to help the Company at a hyper-growth stage to comply with the tight SEC reporting deadlines
- Assist with the preparation of SEC financial statements, including notes, for quarterly and year-end reports, contributing to consistent on-time filings and strengthening investor confidence
- Prepare in-house complex purchase price allocation financial models for new acquisitions (5 medium-scale and 3 large-scale acquisitions) ranging from $20 million to $60 million USD, reducing the need for external valuation firms and saving the company significant costs in financial modeling
- Collaborate with Ernst & Young business valuation team on preparing purchase price allocation financial models for 3 high-profile acquisitions ranging from $100 million to $500 million USD
- Prepare the 5-year business plan, budget and rolling forecasts for newly acquired entities and monitor the post-acquisition performance with focus on business KPIs with the acquiree's CFO and controller
- Develop other advanced M&A financial models, including acquisition contingent consideration valuation, goodwill impairment testing, stock option valuation, and non-controlling interest valuation, which enhanced decision-making accuracy and supported successful post-acquisition integration
- Develop operational financial models such as long term incentive plan financial model and carry interest financial model for real estate asset investment management firms under Colliers
- Provide accounting guidance to regional accounting offices for non-routine and complex accounting transactions
- Spearhead cross-functional teams in the successful implementation of significant accounting standards, including ASC 606 (Revenue from Contracts with Customers), ASC 842 (Leases), and ASC 326 (Credit Losses), by designing and implementing process improvements, deploying new systems, and conducting comprehensive training for local and regional offices
- Recruit, train and supervise intermediate and senior accountants
- Liaise with external auditor on financial reporting audit and acquisition accounting audit.
Senior Financial Accountant
Colliers International (NYSE: CIGI)
2015.01 - 2019.01
- Prepared complex consolidation for USA/LATAM entities
- Assisted with the preparation of SEC financial statements
- Prepared in-house purchase price allocation financial models for acquisitions (5 small-scale and 2 medium-scale acquisitions).
Senior Financial Accountant
PMC Sierra Inc. (NASDAQ: MCHP)
2013.01 - 2015.01
- Worked closely with corporate accounting manager to consolidate international entities in a multi-currency environment
- Prepared monthly and quarterly executive financial reporting package
- Developed various financial and managerial accounting reports in SAP BPC.
Staff Accountant
Michael Waldkirch & Company (Public Practice)
2010.01 - 2013.01
- Prepared compilation/review/audit engagements and corporate tax returns for clients
- Prepared financial statements with notes and management discussion & analysis for several TSX listed junior mining companies
- Prepared budget, rolling forecasts and investor deck for junior mining clients.
Accountant
Garden Protein International
2009.01 - 2010.01
Education
Bachelor of Business Administration - Accounting and Finance
Simon Fraser University
12.2008
Skills
- CPA
- US GAAP
- IFRS
- Consolidation
- Financial Reporting
- Financial Modelling
- Mergers & Acquisitions
- Financial Planning & Analysis
- Budgeting & Forecasting
Certification
CPA
Languages
English
Chinese
Timeline
Assistant Controller
Colliers International (NYSE: CIGI)
2019.01 - Current
Senior Financial Accountant
Colliers International (NYSE: CIGI)
2015.01 - 2019.01
Senior Financial Accountant
PMC Sierra Inc. (NASDAQ: MCHP)
2013.01 - 2015.01
Staff Accountant
Michael Waldkirch & Company (Public Practice)
2010.01 - 2013.01
Accountant
Garden Protein International
2009.01 - 2010.01
Bachelor of Business Administration - Accounting and Finance
Simon Fraser University
CPA
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