Asia YSA Conference 2024

Aug 1, 2024 ยท 2 min read

Asia YSA Conference 2024

The Asia YSA (Young Single Adult) Conference 2024 was a the first-ever ASIA regional event organized by The Church of Jesus Christ of Latter-day Saints, bringing together over 180 people from 24 domiciles across Asia, from young adults to seniors for spiritual enrichment, leadership development, and community building.

My Role: Finance Committe Head

As the Financial Manager for this large-scale event, I was responsible for:

  1. Budget Development and Management: Created and maintained a comprehensive budget for a pool of over $200,000 USD, ensuring financial resources were allocated effectively across all conference activities.

  2. Financial Operations: Managed all financial transactions, including vendor payments, participant registration fees, and expense reimbursements.

  3. Fundraising Coordination: Worked with church leadership to secure necessary funding and donations to support conference activities.

  4. Cost Control: Implemented cost-saving measures that resulted in budget within 80% of available funds in expenses compared to initial projections while maintaining event quality.

Key Accomplishments

  • Developed and implemented a transparent financial tracking system that provided real-time budget updates to the organizing committee
  • Negotiated favorable terms with venues and service providers, resulting in significant cost savings
  • Created financial reports and documentation that will serve as templates for future conference planning
  • Successfully managed complex financial operations across multiple currencies and payment systems

Leadership and Team Collaboration

This role required close collaboration with various teams:

  • Logistics Committee: Coordinated on venue costs and transportation expenses
  • Programming Committee: Aligned budget allocations with planned activities
  • Registration Team: Managed fee collection and financial aid distribution
  • Executive Committee: Provided regular financial updates and forecasts

Impact and Skills Development

This experience significantly enhanced my skills in:

  • Financial planning and budget management for large-scale events
  • Leadership in a multicultural, volunteer-driven organization
  • Negotiation and vendor management
  • Cross-functional team collaboration

The successful execution of the Asia YSA Conference 2024 sharpened my ability to manage complex financial operations while supporting the broader goals of a major regional event. The experience complemented my 31/quantitative finance background with practical financial management skills in a leadership context.