He controls the moolah – Scoot’s Head of Finance, Boon Huei!Nov 26
As sexy as it is to start a new airline, nothing would be possible without a firm grip on our finances. Even more so for a low-cost airline. Which is why Phua Boon Huei holds one of the most important roles in the Scoot family – the Head of Finance.
Find out what makes Boon Huei tick:
1. How would you explain what you do in 82 words or less?
Being Head of Finance, I am responsible for overseeing and providing support in all finance-related matters. This includes financial reporting, budgeting, treasury and taxation to the operational aspects of revenue accounting, payrolls, payments and receipts.
It is a humbling experience to be entrusted with this responsibility. I am glad to have new members joining the Accounting Team. Together we will work hard and ensure the required results are delivered, while not forgetting to have fun and laughter along the way!
2. Tell us about your experiences before joining the Scoot family.
Prior to joining the Scoot family, I had been with Singapore Airlines since 2004, and held various assignments in Finance, at head office and overseas.
I started in the SIA Finance Overseas Accounting Department, and had the opportunity to gain exposure with overseas stints at various SIA overseas stations (namely Amsterdam, Barcelona, Copenhagen, Istanbul, Manila, Mumbai, Paris, and Zurich).
In April 2008, I was posted to SIA’s Los Angeles Station as Accounting Manager, USA, and was there for three years.
These experiences have enriched my life immensely, and I am thankful to SIA for granting me those opportunities.
3. How has the journey been so far?
The journey at Scoot has been very “scootifying”. With fellow colleagues exemplifying the spirit of Scootitude, there has never been a boring moment thus far.
Behind the scenes, we are working hard to put together products and services for our passengers. It is gratifying to be part of the team that contributes in the shaping of a new icon in the sky.
4. How different is it working for a start-up versus working for an established company?
For an established company, the culture and processes have been built up and crystallised over the years.
In a start-up, we find ourselves in unchartered waters. There is no precedence set in the past that we can refer to. The opportunities to evaluate options and make decisions that have direct impact on the company are both challenging and exciting at the same time.
5. If you were to be a type of food, what would you be? Why?
I would like to be a book such as “The seven habits of highly effective people” by Stephen Covey. This is more ‘mind’ food, as I see it as food for thought. Every individual is unique and has immense potential, and if the book helps in some ways to make one’s life better, that would be great!
The Master of Moolah. Thank you, Boon Huei!