Professional Summary
Professional Overview
Betty Lau is a seasoned finance executive with over 25 years of experience in the insurance and professional services industries. As the Vice President of Finance at ACM Advisors, she oversees all financial operations and plays a crucial role in driving the firm's strategic growth initiatives.
Experience Summary
Current Role
As the Vice President of Finance at ACM Advisors, Betty is responsible for managing the firm's comprehensive financial strategy, including budgeting, forecasting, reporting, and cash flow management. She serves as a strategic partner to the executive team, providing data-driven insights to support informed decision-making and ensure the company's continued financial success.
Career Progression
Prior to joining ACM Advisors, Betty held several senior finance roles at BCAA, a leading automotive services and insurance provider in British Columbia. She progressed through the organization, serving as the Senior Manager of Treasury and Tax, Senior Manager of Corporate Accounting and Taxation, and Manager of Insurance Accounting. In these positions, she demonstrated her expertise in financial reporting, tax planning, and treasury management, while contributing to the company's operational efficiency and profitability.
Before BCAA, Betty spent over 12 years at Aker Kvaerner Chemetics, a division of Aker Kvaerner Canada Inc., where she held the role of Finance Manager. In this position, she played a crucial role in managing the financial aspects of complex engineering projects, ensuring timely and accurate reporting, and supporting the division's overall growth.
Academic Background
Betty holds a Bachelor of Commerce degree from the University of British Columbia, with a specialization in Accounting. She is a Chartered Professional Accountant (CPA) and a Certified Management Accountant (CMA), demonstrating her commitment to professional development and maintaining the highest standards of financial expertise.
Areas of Expertise
- Financial planning and analysis
- Treasury management and cash flow optimization
- Corporate accounting and taxation
- Financial reporting and control
- Strategic financial decision-making
- Project financial management
- Cross-functional team leadership and collaboration
Professional Impact
Throughout her career, Betty has consistently demonstrated her ability to drive financial excellence and contribute to the success of the organizations she has served. Her achievements include:
- Implemented a comprehensive treasury management system at BCAA, resulting in a 20% improvement in cash flow efficiency
- Spearheaded the implementation of a new enterprise resource planning (ERP) system at Aker Kvaerner Chemetics, streamlining financial processes and enhancing data-driven decision-making
- Played a key role in securing a $50 million credit facility for ACM Advisors, enabling the firm to fund its strategic growth initiatives
Conclusion
With her deep industry expertise, strong technical skills, and proven track record of financial leadership, Betty Lau is poised to continue making a significant impact as the Vice President of Finance at ACM Advisors. Her commitment to driving financial excellence and supporting the firm's strategic objectives makes her a valuable asset to the organization.
