Noel Lee Sun Yen, CISA

Principal Technology Auditor

WhatsApp +65 96204854, Dedomenatech@gmail.com

Noel Lee is a highly experienced accounting analyst (FP&A and Financial Reporting) and information systems consultant with 29 years of diverse experience spanning banking IT-Finance and technology risk management, corporate reporting (U.S. GAAP & SFRS), internal audit, information technology audit, cybersecurity advisory, and data privacy. He has built his career across both commercial sectors and private practice, advising global multinational corporations, SGX-listed companies, private education institutes, and government-related organizations.

He is a Certified Information Systems Auditor (CISA) and holds membership with the Institute of Singapore Chartered Accountants and the Singapore Computer Society. He also holds the Certification in Control Self-Assessment (CCSA) and the COSO ERM Certificate of the Institute of Internal Auditors (IIA).

Noel earned his Bachelor of Business degree in Banking from Nanyang Technological University, Singapore, in 1996, followed by a Diploma in Computer Studies from Informatics in 1999. In 2020, he was awarded the Practitioner Certificate in Personal Data Protection (Singapore) by the Personal Data Protection Commission (PDPC).

Noel’s powerful combination of accounting, finance and technological expertise makes him invaluable in the modern digital business environment.

Spanning three decades, Noel's career encompasses three strategic phases:

Corporate Banking, TRM and IT-Finance with Financial Institutions (1996–2007)

Noel began his career in banking, holding roles at Tat Lee Bank and HSBC’s asset finance subsidiary in Singapore. In 2000, he joined DBS Bank where he supervised IT operations, business continuity planning, outsourcing third-party risk management, and IT-finance, operating under a dual reporting structure with DBS Group Technology & Operations and Group Finance. In his subsequent role as IT Financial Analyst at Citigroup Technology Infrastructure Asia Pacific, Noel managed financial control and cost management for regional IT projects such as the KoRam Bank and Citibank’s IT integration, and the Global Data Center Strategy (GDCS) program in collaboration with the external expertise of Protiviti U.S.

Senior Finance and Accounting Team Lead with Global Corporations (2007–2015)

Transitioned into accounting analysis and financial reporting, Noel held internal advisor and senior team-lead roles at global enterprises including ExxonMobil, Shell International Exploration & Production, the Singapore-based ship- owning subsidiaries of Mitsubishi Corporation, and The China Navigation Company Pte. Ltd. (CNCo) of the Swire Group. His key responsibilities included:

  • Managed FP&A and providing insights on business performance metrics, identifying, and analysing areas that presented potential for strategies development and financial growth in a dynamic, global oil and gas and maritime environment

  • Managed accounting and shipping ERP systems (SAP/Veson IMOS) integration, harmonizing accounting and business processes and ensuring integrity of financial reporting.

  • Managed Control Self-Assessment (CSA) program for Sarbanes-Oxley (SOX) and J-SOX testing and documentation

  • Managed accounting operations and financial reporting across the Singapore and United States jurisdictions

  • Managed fleet-wide risk management and Freight Forward Agreement (FFA) reporting

  • Managed collaborative support from Big 4 tax advisor in delivering tax strategy guidance to executive management

  • Managed the assessment and documentation for asset impairment of vessel fleet

Private Practice in Risk Consulting (2016–Present)

Noel founded McKell Risk Assurance in 2016, followed by McKell Risk Management Pte Ltd in 2017 and Dedomena Technologies in 2021. Through these firms, he delivers risk management, CSA, internal audit, IT audit, and data protection services to a broad spectrum of clients, from SGX Mainboard companies to registered fund management company. His risk advisory practice focuses on integrating governance, risk strategies, finance, technology, and sustainability to drive resilient and ethical business outcomes.

Representative Experience in Private Practice

Group Internal Auditor of SGX Mainboard Companies (2016–2022)

Reporting to the Board Audit Committee, Noel led the annual independent internal audit (2016 to 2022) for two SGX Mainboard companies in the property development and construction engineering sectors. He played a pioneering role in advising on the first-time implementation of Enterprise Risk Management (ERM) and sustainability reporting roadmap for these companies. His work ensured that these organizations adhered to robust risk management practices and aligned their operations with sustainability standards, fostering a culture of transparency and accountability.

Strategic Business Review

Conducted a FP&A-driven strategic business assessments of two Private Education Institutions (PEIs), successfully resulting in both securing the credit ratings necessary for registration renewal under the Enhanced Registration Framework (ERF). Key FP&A review methodology included data collection and analysis, performance measurement and variance analysis, forecasting, risk assessment and opportunity identification centered on the PEI's five-year business and financial sustainability plan and corporate governance structures, translating complex financial insights into a clear, concise narrative and providing recommendations that guided strategic decision-making.

Special Audit

Performed a special audit on the governance frameworks and internal control systems for a subsidiary hospital operating in Indonesia, with findings reported to the Singapore-based parent medical organization.

In the same year, professional assistance was provided to the Korean special investigation unit of a South Korean multinational engineering and construction corporation in conducting a confidential audit for two significant public infrastructure development projects in Singapore.

IT Audit

Developed and performed a three-year special IT audit for an SGX-listed company using the IT Audit Framework (ITAF) issued by ISACA. Assessed IT infrastructure, information security controls, and governance alignment. Provided sustainable solutions to enhance technology capabilities.

Sustainability Reporting Review

Partnered with PKF Singapore to conduct an internal review of sustainability report (FY2022) for a SGX Catalist water-treatment firm and ensured compliance with the SGX Sustainability Reporting Guide, GRI, TCFD, & SASB.

Data Protection Officer

Noel has served as Data Protection Officer (DPO) for 15 diverse organizations since 2020. His clientele encompasses payment service providers, e-commerce startups, cryptocurrency and NFT project companies, Private Education Institutions (PEIs), country clubs, and biofuels enterprises. Throughout these engagements, he has maintained responsibility for data protection compliance, cultivated organizational data protection awareness, and recommended robust cybersecurity practices. His contributions to data protection governance align with the ESG objectives, particularly in relation to ethical data management frameworks.

PDPA Audit

Conducted Compliance Audits for a Registered Fund Management Company and a MINDEF-Related Organization (MRO). The audits encompassed comprehensive evaluations and improvements of the organizations' data protection policies and controls, specifically addressing governance structures, technological infrastructure, operational procedures, and the cross-border data transfer between the organization and overseas data intermediary.

Areas of Expertise 

IT Audit (ITGCs, ITACs, Cybersecurity, IT Governance, IT Finance & TRM)

Corporate Reporting (IFRS, SFRS & U.S GAAP)

Internal Control over Financial Reporting and SOX Advisory (Process & IT Control)

FP&A (BU) and Cost Management 

Sustainability Governance and Reporting Frameworks (GRI, SASB, TCFD)

Internal Audit and Enterprise Risk Management

Data Privacy Advisory and PDPA Compliance Audit

Industry Expertise

Financial Institutions (Corporate Banking, Technology & Operations, Fund Management Company) & Global Payment Technology Company

Global MNCs (Oil & Gas, Chemical, Ship Owning and Maritime, South Korean Engineering & Construction Group)

SGX Mainboard & Catalist-listed Companies (Property Development & Investment, Real Estate & Service Residences, Construction Engineering and Water Treatment)

Healthcare Business (Indonesia Hospital Group)

MINDEF-Related Organizations (MROs)

SMEs and Startups (Private Education Institutions, Cryptocurrency, NFT, Payment Service Provider, Software Development Developer, E-Commerce)

Professional Volunteering (2010)

AICPA Member Volunteering Programme

Noel was a former International Associate Member (Member No: 4874724) with the American Institute of Certified Public Accountants (AICPA) from 2008 to 2022. His AICPA membership had connected him to US-centric expert guidance and the global community, supporting his corporate work in accounting compliance with U.S GAAP and SOX at several multinational companies.

In the spirit of professional knowledge sharing, Noel leveraged his practical skills in IFRS implementation to assist the AICPA’s initiative in developing examination questions on International Financial Reporting Standards (IFRS) for the Uniform CPA Examination.