Finance Controller [China]


 

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Location: Zhaoqing)

Location: Pudong New District, SH, CN, 200120
Req ID: 83808
Facility: Shanghai-484
Department: JV Support O&P EAI
Division: Olefins and Polyolefins and Global Procu

Finance Controller, Genox JV (Location: Zhaoqing)

Basic Function

As CFO and a key management position of GLNM, the key objective of this role is to ensure the JV responsibly meets its fiscal, statutory, taxation and corporate governance requirements.
The incumbent is expected to actively involve in JV management, working seamlessly with JV team and partners to ensure the success of the JV. In addition, the role is to communicate effectively with JV Board and be able to liaise with other functional heads of the JV to work for the best interest of the JV. It is a must that the incumbent is able to manage the Finance function, provide finance analysis, insights and support, as well as accurate and timely financial reports for JV operations in a cost-efficient manner integrated within the wider JV function.

This role also requires establishing sound corporate governance by setting up proper internal control and risk management structure and measures.

Roles & Responsibilities

1) Strategy and Planning
  • Actively working with JV Management team to develop the manufacturing and commercial strategies of the JV with the view to obtain the board’s support and approval.Develop, appraise and review JV business plans (budget and long-range plan) and projects to ensure implementation and achievement of business strategies and objectives.
2) Operational Management
  • Lead and manage the development of JV’s Business & Financial Transaction Systems.
  • Manage the structure and workflow to plan, control, and review major Capital expenditure projects to ensure effective controls and review of the expenditure.
  • Provide specific input in a broad range of commercial & operational areas including contract management, legal, insurance and personnel issues to ensure efficient and effective management practices.
  • Controlling Management - Ensure timely month-end, quarter-end and year-end closing activities to provide accurate and relevant financial performance results to JV Management
  • Treasury Management - Within the guidelines of JV Board’s direction, manage JV’s treasury activities, including debt and equity decisions, and cash operations.
  • FP&A Management - Lead and work with other functions to develop the monthly forecast. Act as trusted business partner to provide financial advice and support. Diligently pursue costs & efficiency improvements across manufacturing and commercial operations. And ensure expenditure is within functional ownership but is in line with business plans.
  • Tax Management - Manage & oversee direct and indirect tax operations and compliance obligations consistent with China Tax rules and regulations
3) Organizational & Personnel Management
  • Work with JV Management team to ensure successful change management processes as required. Understand the business requirements, develop options to meet these requirements and manage implementation of the agreed option.
  • Liaise with LyondellBasell functions of financial, taxation, legal, IT & compliance matters as necessary, to ensure JV is properly complied and/ or adopts best practices for continuous improvement.
  • Provide supervision, guidance and career development to finance personnel.
  • Ensure succession planning for key finance personnel is in place.
  • Model and communicate good management practices and values for employees’ behavioral expectations, monitoring and managing actual performance.
  • Maintain a culture of continuous improvement, striving for industry best practice operational standards.
4) Corporate Governance
  • Manage the financial affairs of the JV in order to meet legislative, statutory, group, taxation and management information requirements of the organization.
  • Provide support to the directors/managers of the JV in matters pertaining to Corporate Governance.
  • Manage within JV delegated Authorities schedule.
  • Ensure the provision of effective financial controls and procedures through the development and implementation of policies and procedures.
  • Work seamlessly with other members of JV Management to ensure the success of the JV

(For more Roles & Responsibilities, please refer to the attached JD)

Min. Qualifications

Relevant Experience/Education
1) Tertiary+ education in Accounting / Economics / Business related discipline. CPA and/or CFA qualification is a plus.
2) Extensive finance experience (minimum 10+ years) gained from accounting, taxation, treasury, banking and auditing and with prior experience to run and manage a Finance team in another manufacturing related industry covering corporate governance/SOX controls
3) Experience to lead a group of accounting/finance professionals is required
4) Strong communication skills with fluency in English and Mandarin. And experience dealing with Board of Directors & Company Secretarial roles / responsibilities would be an added advantage
5) Knowledge of business analysis, business planning, and problem-solving techniques
6) Knowledge of the Petrochemical value chain and associated manufacturing and business processes is highly regarded

Competencies

Builds effective teams
Collaborates
Cultivates innovation
Customer focus
Demonstrates courage
Drives results
Ensures accountability
Instills trust and exemplifies integrity

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