Key Responsibilities:
1. Financial Reporting:
- Prepare accurate and timely monthly, quarterly, and annual financial reports in compliance with Chinese statutory regulations and international accounting standards (e.g., IFRS or US GAAP).
- Consolidate financial results across multiple entities (if applicable).
- Generate management reports for internal stakeholders, including profit and loss statements, balance sheets, and cash flow analyses.
- Responsible for short- and medium-term cash flow forecasting.
2. Financial Planning & Analysis (FP&A):
- Assist local and corporate FP&A teams in developing annual budgets, forecasts, and financial models.
- Analyze financial data to provide insights that support strategic decision-making.
- Track performance against budgets and forecasts, identify variances, and recommend corrective measures.
3. Compliance & Internal Controls:
- Ensure adherence to Chinese regulations, including tax laws, SAFE (State Administration of Foreign Exchange) requirements, and local GAAP (China Accounting Standards).
- Collaborate with government authorities, auditors, and tax advisors to maintain regulatory compliance.
- Implement and uphold strong internal controls to minimize financial risks.
- Oversee corporate secretarial tasks and regulatory filings in coordination with external service providers.
4. Tax Management:
- Manage tax planning, compliance, and filings, including VAT, Corporate Income Tax (CIT), and Withholding Tax (WHT).
- Oversee transfer pricing documentation and compliance.
- Identify tax-saving opportunities and incentives within China’s regulatory framework.
5. Treasury & Cash Management:
- Supervise cash flow planning, working capital management, and liquidity.
- Maintain banking relationships and ensure efficient handling of payments and receivables.
- Monitor foreign exchange exposure and implement hedging strategies if required.
6. Operational Support:
- Collaborate with cross-functional teams such as sales, operations, and supply chain to drive business performance and profitability.
- Provide financial guidance for key strategic initiatives, including market expansion, pricing strategies, and capital investments.
7. Team Leadership:
- Lead, mentor, and develop the finance team in Shanghai or across the region.
- Foster knowledge-sharing and promote best practices within the team.
- Ensure effective communication between local and global finance teams.
8. Project Management:
- Oversee finance-related projects such as ERP system implementations, process automation, and business integrations.
- Improve efficiency by optimizing financial processes and implementing new technologies.
9. Stakeholder Management:
- Act as the primary liaison for external auditors, banks, government authorities, and consultants.
- Work closely with internal and external stakeholders to align financial strategies and maintain compliance.
Job Requirements:
- Bachelor’s degree in Accounting or ACCA qualification, with 5-8 years of relevant experience in financial accounting within a multinational company.
- Chartered Accountant certification preferred, with prior audit experience.
- Strong knowledge of IFRS, GAAP, and SOX compliance.
- Proficiency in English and Mandarin.
- Skilled in Microsoft Excel (including VLOOKUP, Pivot Tables, and Macros); experience with JDE is preferred.
