Lily Mah
About Lily Mah
Lily Mah is a Finance Manager with extensive experience in financial planning and reporting. She has worked at various organizations, including Cargill and Superior Energy Services, and has played significant roles in process optimization and compliance in the finance sector.
Current Role at Superior Energy Services
Lily Mah has served as Finance Manager at Superior Energy Services since 2015. In this role, she has focused on centralizing and re-engineering the APAC Statutory team. This initiative aimed to standardize processes and controls, thereby streamlining and simplifying tasks within the finance department. Her work contributes to enhancing operational efficiency and compliance in financial reporting.
Previous Experience at Cargill
Prior to her current position, Lily worked at Cargill as the Finance Planning and Reporting Manager from 2013 to 2015 in Kuala Lumpur, Malaysia. During her tenure, she led the outsourcing of the Accounts Payable process to an outsourced center in India. This involved conducting feasibility studies and developing a comprehensive business case to support the transition.
Professional Background in Accounting
Lily Mah has a diverse background in accounting and finance. She began her career as an Audit Senior at KPMG from 2004 to 2005. Following this, she worked at IBM as a Senior Accountant (Team Lead) from 2005 to 2011 and then at UOB as Financial Reporting Team Lead from 2011 to 2013. Her roles have included managing the migration and implementation of ERP systems and conducting post-mortem reviews to assess outcomes.
Education and Professional Qualifications
Lily Mah holds a Diploma in Business Studies (Accounting) from Tunku Abdul Rahman University College, which she completed from 1999 to 2001. She is also a member of the Association of Chartered Certified Accountants (ACCA), having achieved FCCA status from 2001 to 2003. Additionally, she is a member of the Malaysia Institute of Accountants (MIA), reflecting her commitment to professional development in the field of accounting.
Key Contributions to Financial Standards
Lily has played a significant role in ensuring compliance with financial standards throughout her career. She assessed and reviewed the implications of the MPERS conversion and implemented MFRS139 Financial Instrument standards. This included developing impairment methodologies and collaborating with auditors and Bank Negara Malaysia (BNM) to reach agreements on financial reporting practices.