Overview
Finance Manager, China – Shanghai
Key Responsibilities
Financial Reporting:
- Oversee the preparation of monthly, quarterly, and annual financial statements for the China region, ensuring compliance with local GAAP, IFRS, and company policies.
- Ensure timely and accurate financial reporting to regional and global management.
- Collaborate with local finance teams to ensure consistency and accuracy in reporting across all countries in the region.
Cash Flow and Working Capital Management:
- Monitor cash flow and working capital requirements for the region, optimizing the use of resources and ensuring sufficient liquidity.
- Manage accounts payable and receivable processes to enhance cash flow management.
- Implement strategies to improve the region's working capital cycle and reduce days sales outstanding (DSO).
Compliance and Internal Controls:
- Ensure compliance with all financial, tax, and regulatory requirements across the APAC region.
- Develop, implement, and maintain robust internal controls and financial policies to safeguard assets, ensuring financial integrity and consistency with global policies
- Coordinate with internal and external auditors to facilitate audits and reviews.
Financial Systems and Process Improvement:
- Oversee the implementation and maintenance of financial systems and tools to improve reporting accuracy and efficiency.
- Identify and lead improvement initiatives to streamline financial operations and reduce costs.
- Ensure alignment of regional financial processes with global standards and best practices.
Business Partnering and Stakeholder Management:
- Act as a strategic business partner to regional management, providing financial insights and guidance to support business decisions and growth initiatives.
- Collaborate with cross-functional teams (e.g., sales, marketing, operations) to understand business needs and provide financial support.
- Communicate financial results, forecasts, and strategies to regional and corporate stakeholders.
Team Leadership and Development:
- Lead, mentor, and develop a team of finance professionals across the China region, fostering a culture of collaboration and continuous improvement.
- Provide training and development opportunities to enhance the skills and capabilities of the finance team.
- Set clear performance objectives and conduct regular performance reviews to ensure team alignment with regional and global goals.
Qualifications:
- Degree in Finance/Accounting or equivalent professional qualification (CPA, CA, ACCA )
- A minimum of 5-7 years of experience in finance or accounting roles, with at least 3 years in a managerial position.
- Strong understanding of China financial regulations and accounting standards.
- Experience in leading a finance team in a shared service environment preferred.
- Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.
- Proven experience in financial reporting, FP&A, and compliance.
- Strong leadership and team management skills, with experience in managing cross-border teams.
- Proficiency in English and Mandarin
- Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels and ability to work collaboratively in a team.
- Strong organizational skills and ability to work with tight timelines in a dynamic environment.
