COUNTRY FINANCES CONTROLLING MANAGER

JOB TITLE

JOB CATEGORY

REPORTING LINE(S)

LOCATION

CHINA Finance Manager

Finance

CHINA Finance Associate Director

Wuhan - China

MISSION

• Fulfill all local statutory and tax reporting obligations for local books and tax purposes
• Ensure the reliability and accuracy of the Financial Statements (IFRS and CHN GAAP)
• Provide Top Management with insightful analysis on growth, profitability and FCF
• Lead consolidation at the China level for monthly reporting and reforecast, including value-added analysis.  
• Oversee the Budget and 5‑Year Business Plan for the China Region.
• Support business growth by deploying financial resources effectively across new locations.
• Ensure full organizational compliance through the consistent application of internal control processes.
• Actively managing local financing needs in close coordination with Corporate Treasury

TASKS & RESPONSABILITIES

Reporting & Consolidation & Analysis :

• Ensure the accuracy and timeliness of all reporting required by Group and BG Finance
• Consolidate and analyze monthly closing and forecast data for each legal entity, including Profit & Loss, Balance Sheet, and Cash Flow Statement.
• Deliver reliable financial results to management for Monthly Reviews, including performance analysis of plant operations across material margin, plant costs, R&D, and SG&A costs, etc.
• Coordinate the Annual Budget process and consolidation at the country level, ensuring alignment with General Management targets by integrating inputs from Sales, Industrial, R&D, and HR departments
• Lead the Business Plan (5-Year) process and consolidation at the country level, ensuring consistency with the strategic objectives of the Region

Financial Statements & Accounting

• Ensure the reliability and accuracy of financial statements (under both IFRS and CHN GAAP) by supervising and controlling the accounting processes at each location
• Ensure the compliance and robustness of the controlling and accounting systems at each location through the ERP system (SAP)
• Drive continuous improvement of the system in terms of accuracy, timeliness, analytical dimensions, compliance, and segregation of duties
• Ensure tax compliance at each location with respect to tax payment, tax obligation, and tax optimization with support from Group Tax Department

Audit & Compliance

• Coordinate and supervise annual IFRS and statutory audit for each location, and provide support where needed: hard-closing audit, year-end audit, etc.
• Coordinate and supervise internal audits conducted by the Group Internal Audit Department; review internal audit reports and follow up on the implementation of corrective actions.
• Ensure compliance with and application of Group Procedures at each location through effective communication, compliance audits, pre‑audit reviews, and compliance training, with support from the Compliance Manager.

Performance Analysis

• Support Sales and Program Manager for pricing strategy, defining actions to achieve and enhance program profitability and cash control
• Track and monitor cost reduction plans at country level

Cash Management

• Provide a reliable rolling FCF forecast for the China region to project financing needs within the year, and coordinate with Group treasury to secure funding through various sources: capital injection, shareholder loans, bank loans, overdrafts, Letter of Credit, etc.
• Anticipate and supervise forex exchange hedging related to investments, services and goods purchases
• Meet Group and BG targets for free cash flow levels by monitoring and controlling overdue amounts and inventory levels, enforcing capex controls, renegotiating supplier payment terms with the Purchasing Department, and implementing letters of credit for significant investments

 Stakeholder and Team Management

• Build a highly efficient Finance team
• Provide coaching, mentoring and on-the-job training to Finance team (including plant finance teams and direct reports), and develop individual development plans, including succession plans for controllers and chief accountants
• Provide support to Plant operations for routine operational matters as needed