The 2016 Beta Gamma Sigma Global Leadership Summit

Beta Gamma Sigma pic
Beta Gamma Sigma
Image: betagammasigma.org

Wade Ang, the director of financial planning and analysis at NComputing, studied accounting and finance as an undergraduate student at University of Hawaii. While earning his bachelor of administration degree, Wade Ang was a member of international business honor society Beta Gamma Sigma.

Beta Gamma Sigma support its members by honoring academic excellence, developing leadership skills, promoting community service and involvement, and serving as a networking resource. In the past, one way that the organization advanced the leadership component of its mission was to have leadership forums in which approximately 200 business students from around the world could meet to network, listen to speakers, and participate in leadership development activities.

While these forums worked well, they were simply too small to meet the needs of the growing Beta Gamma Sigma membership. To remedy this, the annual Global Leadership Summit program was inaugurated in 2015. The aims of the summits are similar to those of the forum; however, their larger sizes allow approximately 500 Beta Gamma Sigma business students to participate.

The 2016 Global Leadership Forum will be held in Dallas, Texas, on the weekend of November 3 to 6. In addition to workshops and other events, attendees will be able to use the Clifton Strengthsfinder, a test to help individuals discover their strengths and talents, as a springboard for developing their leadership skills throughout the summit.

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Volunteer Advocacy for the Second Harvest Food Bank

Second Harvest Food Bank pic
Second Harvest Food Bank
Image: shfb.org

Outside of his work as an experienced finance leader and builder in the technology industry, Wade Ang donates to a number of charitable causes. Wade Ang contributes to both large organizations, such as the American Red Cross and Habitat for Humanity, and local ones such as Second Harvest Food Bank of Santa Clara and San Mateo Counties.

Second Harvest Food Bank was founded in 1974. It has grown to become one of the largest food banks in the country, contributing food to around a quarter of a million people each month throughout the Bay Area and the rural areas directly south. The Food Bank not only gives food to people who are disadvantaged but also connects them with resources such as CalFresh, a supplemental food program that is funded by the state.

Second Harvest is assisted by its many volunteers, who contribute over 300,000 volunteer hours each fiscal year. One notable way that Second Harvest volunteers contribute is through political activism. This is an organized way to volunteer, not unlike participating in a food sort or distributing food in the community. The food bank provides volunteer advocates with research information, provides resources for contacting lawmakers, and generally points advocates in the right direction to support their political mission.

What are the main functions of a company controller?

We are speaking with Wade Ang, a financial executive with considerable experience in accounting, financial management, acquisitions, and auditing, who is currently the Director of Financial Planning and Analysis for NComputing.

What is a controller?
The position of controller is a hands-on job that spans many areas of business including accounting, forecasting, reporting, and investment management. Typically working hand in hand with the CFO, the controller is a key source of counsel regarding acquisitions and other high-value business decisions that will greatly affect a company’s success.

What type of training is required to be a competent controller?
Most individuals who reach these positions in larger firms possess one or more advanced degrees, having received a Master of Business Administration or completed a Certified Public Accountant or Chartered Financial Analyst program. Controllers need to have broad educational and occupational experience in order to work properly with staff on multiple levels and to proactively solve any financial problems.

Describe some of the personal skills necessary to reach this level:
A successful controller will have the right blend of mathematical and analytical acumen along with communication skills. They are not simply number crunchers, as they work intensively with outside investment firms, C-level executives, and others that require negotiations and the ability to explain financial matters in plain language.