Led all financial functions for a 2B USD automotive supplier company with more than 10 legal entities across Europe, NA, and China.
· Worked with senior management to develop and implement strategic business plans and operating initiatives.
· Responsible for the company’s financial performance improvement by developing accurate forecast/projections and monitoring ongoing KPI performance on a periodic basis.
· Defined standards, policies, procedures, measures, and organizational enhancements to meet the company’s objectives.
· Led M&A activities including financial study, offering, due diligence, deal negotiation, and business integration.
· Managed business relationships with investors, analysts, outside auditors, banks, and law firms to protect and improve the company’s interest.
· Developed internal controls/compliance with China SOX to protect the company against risks, resulting in a reduction in operational, business, and financial risks.
China CFO
2009. 10 – 2014.1
· Led all accounting/financial activities, IT, and HR for a 700M USD automotive company with manufacturing plants, development sites, and affiliates across China.
· Managed the establishment of proper financial systems, reporting, and controls; ensured the financial management practices conformed with corporate policies and local statutory regulations.
· Improved financial management and purchasing to reduce cost and overheads by 40%, improved sales margin by 20%, improved working capital by 50%, and increased sales by 200% through reducing the start-up period, process improvement, and adapting advantageous in-class policies and procedures.
· Developed performance measures to evaluate the efficiency and performance of the business; improved the effectiveness of internal control systems to mitigate operational, legal, and financial risks.
· Led JV finance management by effectively managing the Chinese JV partners, preparing and delivering board meeting materials and any related ad-hoc analysis to ensure sustainability and effective control of the joint ventures.
· Developed and maintained commercial and investment banking relations to meet the company's future capital needs.
· Led the company road shows with other senior management team members for Coda fund raising.
· Led SEC reporting/auditing/filing by working with PWC for Coda IPO in the US.
SINDICATUM CARBON CAPITAL ASIA (China)
Asia CFO
2008. 10 – 2009.10
· Directed all Asia financial functions including planning, reporting, analysing, accounting, and control as well as tax and treasury matters by managing $400M clean energy projects in China/Asia.
· Designed and implemented a new business strategy that achieved 30% annual revenue growth and 15% margin improvement from project execution.
· Improved the project management process to reduce costs by $3M and increased operational cash flow by 70%.
· Restructured business practices, performance measurements, finance, HR, and administrative functions to improve profitability and project delivery efficiency.
· Played a key role in PE fund investing/fundraising
Victaulic Company of Asia (Shanghai, China)
Asia CFO
2006.1–2008. 10
· Led all financial functions throughout Asia to achieve an outstanding performance in the region, such as a sales growth of 30% per year, margin improvement of 15% per year, collections improvement by more than 70 days, increasing 5 inventory turnovers, and other strong KPIs.
· Provided leadership and direction to ensure high standards of financial reporting, strong financial controls, optimized operating procedures, strategic planning and analysis, budgeting, and forecasting.
· Responsible for internal control and human resources in Asia by enforcing values, policies, and procedures, and reviewing compensation strategies.
· In Charge of IT governance and ERP implementation in Asia.
· Worked with the Asia President and Corporate executive team to develop and execute strategies to achieve Corporate’s direction and objectives for company growth, investment return, EBITDA growth, and efficiency.
· Established the Victaulic branch in the Asia Pacific region, which included successfully launching branch operations in Taiwan and Australia over a two-year period.
Key Safety Systems, Inc (Shanghai, China)
Asia Finance Director
2004.4–2005. 12
KPMG LLP (Shanghai, China)
2003 – 2004.4
KPMG LLP (Toronto, Canada)
2000 – 2003
Mister Keys Ltd (Vaughan, Canada)