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This role is expected to not only provide routine financial reports for performance review & analysis, but also deliver business finance support to China Distributor Business/Key account in the highly competitive market. This will require the candidate to use strong analytical tools to integrate financial data and business outlook/market dynamics to generate meaningful reports & highlights, and further support business leaders to generate actionable initiatives. This position is expected to enable business through enhancement of regulatory &control • Improvement of distributor governance process in particularly on expenditure of distributor’s rebates and investment on Capex & Opex. • Support China overall Regulatory & control through engagement with business and operation team. This position is also expected to drive business cashflow efficiency by proactive engagement with commercial and operation team. This is becoming even more critical given China’s working capital pressure with plant Capex loan under installment.
Job Responsibility:
Track and evaluate the financial performance by different dimensions with region/product/customer, including sales, costs, and profitability
Identify trends, opportunities and risks, and recommend appropriate actions to drive business growth and improve financial performance
Work closely with the commercial and pricing teams to provide financial support and guidance in decision-making related to pricing, promotions, sales deduction
Participate in the development and evaluation of business cases for new projects and initiatives
Quarterly customer profitability review with commercial to drive for performance improvement
Enhance Distributor governance process with clear approval guidelines and execution on how Distributors’ rebates, CAPEX and OPEX investments will be managed locally
Develop and implement financial strategies and plans to support the business objectives of the company
Conduct in-depth financial analysis, including budgeting, forecasting and variance analysis, to provide accurate and timely financials insights
Support SAC go live and streamline of reporting & analysis
Lead Business Cashflow optimization and improve cash efficiency by working with commercial, SC and accounting
Perform in-depth analysis on overall direct SG&A actual, forecast, budget reporting
Perform the SIP calculation and verification based on key metrics and actual performance
Partner with commercial/marketing team to manage the overall advertising/sales promotion budgeting/KPI set up/activity pre and post audit
Provide independent, objective evaluation of the adequacy and effectiveness of China’s risk management and governance processes
Drive on enhancement of Regulatory & Controls by working with Legal, commercial and operation team
Requirements:
Majored in Finance, Accounting or economics
At least 10 years+ in Finance area, with business partnering experience and expense management
Skilled in Office (Excel, PowerPoint)
Skilled in analytical tools (e.g., Power BI)
Experience with internal control and business governance