Monday, December 31, 2007

Group Financial Controller

Our client (a local MNC) is looking to fill the position of Group Financial Controller.
Suitably qualified candidates can email to

~ Reports to Chief Executive Officer (CEO)
~To direct and control all the Financial and Accounting activities of the corporation to ensure timely and reliable financial services and information flow as well as summaries and forecasts for future business growth and general economic outlook.

The Job:

1. Financial & Accounting Management
  • Responsible for the accuracy and timely preparation and completion of the Financial and Management Accounting of the Group and its overseas Profit Centres/subsidiaries.
  • Maintain proper order of all statutory and accounting records to facilitate the timely completion of annual or quarterly or scheduled accounts and tax returns.
  • Monitor performance of the Company, provide advice to the Senior Management and Board of Directors, and ensure alignment of Company performance with the Corporate objectives.
  • Develop, direct and implement financial policies as well as ensure the compliance of all Profit Centres/subsidiaries under his charge.
  • Lead a global team of finance professionals in the execution of the full spectrum of finance and accounting function of all subsidiaries worldwide.
  • Recommending, streamlining and rolling out improvements to the reporting and budgeting processes, financial performance and trends for the Group and its Profit Centres/subsidiaries.
  • Interact with overseas Profit Centres/subsidiaries to troubleshoot/controlling issues and facilitate the delivery of financial/operational objectives set for the region.
  • Lead and conduct regular audit of the Group and its Profit Centres/subsidiaries to ensure compliance with the Group’s policies and procedures.
2. Management Reporting, Budget and Planning
  • Compilation and analysis of financial statement, management reports, plant finances, cost controls information, budgeting and cash flow for the Group and its Profit Centres/subsidiaries.
  • Ensure all monthly financial reports are produced on due dates to the Management and to report and highlight performance of various Profit Centers/subsidiaries.
  • Direct the preparation of all financial reports including income statements, balance sheets, reports to shareholders, tax returns, and reports for government regulatory agencies.
  • Reviews reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggests methods of improving the planning process as appropriate.
  • Analyzes company operations to pinpoint opportunities and areas that need to be reorganized, down-sized, or eliminated.
  • Confers with CEO, COO, SVP Marketing and division leaders to coordinate and prioritize planning.
  • Studies long-range economic trends and projects company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new product areas. Estimates requirements for capital, land, buildings, and an increase in the work force.
3. Treasury and Banking
  • Supervises investment of funds; works with banks and/or investment bankers to raise additional capital as required for expansion.
  • Manage foreign exchange risk management and practices.
  • Responsible for proper management of the company’s cash funds and resources (cash, overdraft facilities, bank term loans, debtors and stocks).
  • Maintain a set of records concerning banking arrangement and facilities available to the Company.
  • Rapport with company’s bankers to keep abreast of the Group’s funds position, movement of interest and exchange rates and other related development.
  • To provide Management with periodic cash forecast statements.
  • 4.Shares Investors Management
  • Responsible for all listing exercise of the company and liaison with the underwriters, lawyers and auditors by maintaining good Investor Relations.

The Requirements:
  • Master's degree in business administration, accounting, or finance OR equivalent professional qualifications.
  • Qualified C.P.A. holder with working knowledge of financial reporting procedures for public listed companies
  • Eight to ten years of experience in senior financial management with responsibilities for multi-faceted direction and planning.
  • Extensive regional exposure in finance, accounting, taxation and audit functions.
  • Knowledge of database and accounting computer application systems to supply the most accurate financial information.
  • Excellent business acumen with analytical and organizational skills.
  • Excellent verbal and written communication skills in both English and Mandarin.
  • Highly committed with ability to work under pressure and be willing to take a hands-on approach and deliver results.
  • Regular travelling is required.