Role: Finance Coordinator
Previous roles and education:
I study Accounting at university in Singapore and I’d done a couple of internships before coming to Cutover. My first internship was at a startup which does secretarial work for other businesses, which meant I was able to get involved in lots of different types of projects. My second internship was at Deloitte in the Audit department. There, I shadowed a manager, mainly working on tying up financial reports and making manual amendments, but I also got some more hands-on experience when I went with her to see clients.
How did you get involved with Cutover?
My university has a new programme designed to encourage entrepreneurship in schools; it allows you to take a year off from study to work overseas. I was quite interested in the startup scene and I had friends around me creating their own startups which looked really fun, so I decided I’d try to get involved in something like that myself. I have some ideas of my own around starting a business one day and so I wanted to get some experience that could help me to do that. There was an agent for the programme here and they linked me up with Cutover.
What are your main responsibilities at Cutover?
Mainly I’m involved in financial reporting for the company. When I first joined, two of the Co-founders, Ky and Marcus, wanted me to construct a financial reporting template which would enable them to see how our company is performing and update it as time goes on. I do a lot of building on that template, as well as adding new information to it, such as invoices from new customers and recording profits. I also have a number of regular everyday duties, such as helping with expense claims and sending out invoices.
What has been your biggest challenge so far?
Because we’re developing this template I’ve been trying to find a good way to put our numbers into something visual. I’ve been trying to find programs that can help me put those numbers into all sorts of graphs and formats but the solutions I have found so far don’t quite fit my set of requirements! I want to get the best process in place so that we can continue to use it in the future.
What is the most important thing you’ve learned at Cutover?
I’ve definitely learned a lot and not just technical things but also what’s really important to the health of startups. I’ve learned that cash is so important. I didn’t really get to touch the cash side of things during my first internship but over here I have had more to do with cash flow and I’ve realised what an important role it plays in the early years of a business. I’ve also learned what kind of information is useful to the Board and our investors and what they actually want to know, which has given me a wider view of the business as a whole. I also get to see what starting and running a business actually involves, which is really interesting to me because it gives me a great foundation for starting my own business one day.