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Director, Controller | Flowserve | Shanghai, CH23, China
Flowserve is the recognized world leader in supplying pumps, valves,
seals, automation, and services to the power, oil, gas, chemical, and
other industries. With more than 15,000 employees in more than 50
countries, we combine our global reach with a local presence.
Finance Director, China
The Role: The Finance Director will be based in
Shanghai, reporting to the Chief Accounting Officer, who is based in the
Corporate HQ. This position is a key member of the 3 person
China Business Council which coordinates the company's efforts in China
across Divisional, Corporate and Shared Service activities. The position
will be responsible for the entire accounting function and organization
for China operations. The Finance Director will lead and ensure
regulatory compliance, timely and accurate statutory filings and will
serve as a role model of compliance with Flowserve's Code of Business
Conduct. The Finance Director will be current with regulatory and
statutory requirements in China and will brief the operational leaders
on opportunities to structure the operations and organization for
maximum benefit and on the impact of changes to the business and
financial results. The Finance Director will work in a matrix
reporting environment and must have demonstrated success in working with
several bosses both in China and international.
Specific accountabilities will include, but not be limited to:
- Internal Controls - ensuring adequate internal control systems and
processes are in place. Identifying, investigating and resolving control
issues. Being familiar with SOX and experienced with US internal control
requirements.
- Financial Reporting - ensuring appropriate and relevant financial
records and reporting are in place, both internal and external under PRC
and US GAAP accounting principles, including preparation of the PRC
Statutory to US GAAP reconciliation.
- Treasury Functions including cash forecasting, liquidity management,
banking relationships, corporate treasury interaction and security and
control over banking authorities and disbursements.
- Risk management of commercial risks of doing business in China,
property and casualty risk, financial risks including currency and
interest rate, and other risks to multi-national operations.
- Advising and guiding site controllers/managers in Forecasting
processes to ensure timely and accurate completion. Inferring business
impact from financial data, and making appropriate recommendations to
senior management. Also provides quality assurance and development by
vetting and reviewing forecasts periodically.
- Administrative Supervision of Tax Planning, Compliance and Controversy
- substantial tax advantages may be achieved and the Finance Director
will work with the Tax Director, local tax advisors and Corporate Tax to
identify and implement specific tax strategies to ensure long-term
preferential tax rates for the Company and effectively resolve any tax
issues that may arise.
- Provide executive level financial decision support to the GM's of
Operations and Functional heads.
- Oversee the finance shared service activities and ensure high quality
at the lowest possible cost.
- Participate in M & A and JV opportunities including deal
screening, business case preparation and due diligence. Work closely
with JV partners including serving on JV Boards as required.
- Special Projects - from time to time, the Finance Director will
identify commercial issues and ensure relevant solutions are
implemented.
- Provide quality assurance, financial screening and supervision of
budgets, business control reporting, capital project requests and
financial modeling tools and templates for the use by operations and
other functions / departments including allocation of share service
costs, with a focus on developing the skills throughout the
organization.
- Leadership & Training - Ensuring an optimal finance organization
to best support the business needs; having a vision for the team and
recruiting, training and developing strong financial talent. Also
preparing and conducting appropriate training sessions for finance and
non-finance teams
The ideal candidate will be a PRC national or returnee with a college
degree in Accounting or Finance, CPA certification or MBA degree is a
plus. S/He should have 8 to 10 years of relevant accounting and
financial management experience in manufacturing industry, with which a
minimum of 3 to 4 years in a senior management capacity such as a
Finance Director or V.P.Finance with a multinational company in
China. A working knowledge of US GAAP is essential. M &
A experience is a plus.
The Finance Director shall have technical expertise and knowledge in
financial reporting, budgeting, analysis, planning and general
ledger. S/He will have the personal strength and character to be
firm, and take independent and professional stands on matters.
High levels of loyalty and integrity are also mandatory.
The successful candidate needs to be a self-motivated and
teamwork-oriented leader with strong communication skill. S/He must also
have good interpersonal as well as supervisory and management skills.
The candidate should have the confidence in managing people, the
maturity of working with people at different levels, the stature in
commanding the respect from his/her peers and colleagues and be part of
the local team. The individual will have the initiative and be
able to function independently and effectively with minimal supervision.
Join a company with the most comprehensive product lines and broadest
applications experience in the world. You'll be part of a team known for
its industry-leading talent, unparalleled portfolio and unmatched
commitment to customer success. Our culture promotes recognition and
rewards creativity, hard work and commitment. We invite you to put your
talents and experience in motion with Flowserve. Flowserve is an Equal
Opportunity Employer.
To apply for this position, please copy and paste the following link
into your browser address bar:
http://flowserve.contacthr.com/20862826
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