Job Location: Shanghai, China
POSITION TITLE: Divisional CFO, China
DEPARTMENT: Accounting and Finance
REPORTS TO: Chief Financial Officer
The Divisional CFO, China is responsible for managing a combination of business reporting, planning, and analysis related activities for the China Region. This position directs the China Regions finance groups in providing pertinent and timely analysis of the division’s financial performance. The Divisional CFO, China is responsible for providing leadership and direction to the region in all aspects of finance and business support; acting as an advisor to top management. This position will develop and prescribe adequate financial procedures to provide the basis for management decisions and control. This position participates in setting strategic direction for the China region and determines areas for profitability and cost benefit analysis.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Major responsibilities of the position are listed below. To perform the job successfully, the individual must be able to execute each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Analyze the financial details of past, present, and expected operations in order to identify development opportunities and areas where improvement is needed.
- Advise management on short-term and long-term financial objectives, policies, and actions.
- Act as the lead financial consultant for the China Division.
- Prepare periodic business updates to Corporate Finance and Accounting.
- Study, analyze and report on trends, opportunities for expansion and projection of future company growth.
- Coordinate and direct the accounting, financial planning, budgeting, and investment activities of the China Division.
- Execute and enforce internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.
- Manage the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Evaluate needs for procurement of funds and investment of surpluses, and make appropriate recommendations.
- Lead staff training and development in budgeting and financial management areas.
- Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
- Perform other special projects as assigned.
EDUCATION AND EXPERIENCE
- College Degree in finance, accounting or business administration. MBA preferred. CPA, CMA, or CFM with a proven history of success.
- A minimum of 8 years’ experience in a senior role.
- Up to date knowledge of current financial and accounting computer applications.
- Strong organizational and analytical skills is required.
- This position requires excellent communication and relationship skills.
- Well-developed ability to multi-task and prioritize with strong attention to details.
- Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
- Administration and Management — Knowledge of business and management principles involved in P&L management, human resource staffing and evaluation, leadership technique, and coordination of people and resources.
- Mathematics – Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
- Law and Government — Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Management of Financial Resources — Determining how money will be spent to get the work done, and accounting for these expenditures.
- Mathematics — Using mathematics to solve problems.
- Critical Thinking – Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Management of Personnel Resources — Motivating, developing, and directing people as they work, identifying the best people for the job.
- Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
- Speaking – Talking to others to convey information effectively.
- Systems Evaluation — Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
- Writing – Communicating effectively in writing as appropriate for the needs of the audience.
- Systems Analysis — Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Deductive Reasoning – The ability to apply general rules to specific problems to produce answers that make sense.
- Mathematical Reasoning — The ability to choose the right mathematical methods or formulas to solve a problem.
- Oral Comprehension – The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Written Comprehension – The ability to read and understand information and ideas presented in writing.
- Number Facility — The ability to add, subtract, multiply, or divide quickly and correctly.
- Oral Expression – The ability to communicate information and ideas in speaking so others will understand.
- Written Expression – The ability to communicate information and ideas in writing so others will understand.
- Speech Clarity – The ability to speak clearly so others understand you.
- Inductive Reasoning – The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events.)
- Information Ordering — The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
PHYSICAL DEMAND & WORK EFFORT
- Typing, sitting, standing, walking.
- Concentrated mental and/or visual attention. The work involves performing complex tasks to very close accuracy and quality specifications; or a high degree of hand and eye coordination for sustained periods.
- The job is typically performed under comfortable working conditions; any disagreeable elements are generally absent during normal performance of job.
- Compliance with company attendance standards.
- FLSA Status: Salaried, Exempt
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