NORIT TRADING SHANGHAI LTD. 2004-2006 Finance Controller – PRC Newly set up WOFE ( Group HQ at Netherland)
Wai Gao Qiao Free Trade ZoneLacoste POLO Shirts registered Co.Norit group is a world leading purification technology process provider as well as the world largest activated carbon producer with state of art equipments, innovative technology and best performing solutions to satisfy purification needs from various industries like Beverage, Food, Water purification, Pharmaceutical and biochemical etc. Norit Trading Shanghai is the HQ of Norit China , WOFE registered in Shanghai WGQ Free Trade Zone . This role directly report to Managing Director – US citizen in Shanghai and Group Financial Controller –Dutch based in Holland . Role & Responsibilities? F&A Operation- Start-up and very hands-on Role to Lead Finance Team in daily Finance & Accounting Operation Build Up and deliver support to every business units- Ensure smooth Finance Operation through GL, Treasury, AR, AP, Inventory, fix asset management to Safeguard Company’s Lacoste Polo Shirts asset ? Reporting- Fulfill monthly financial statements to meet requirements from both statutory local authority and Group management reporting in compliance with both group and Local GAAP, tax policies
? Financial Analysis, Planning and support - Evaluation business plan under financial perspectives on development projects or ad hoc analysis etc.
- Provide analysis information on monthly expense, gross margin, net contribution, sales performance etc.- Develops financial plans by contributing financial information, analysis, and recommendations to operationalstrategic thinking and direction; studying capacity models; establishing financial objectives; preparing and updating rolling forecasts; preparing annual and three-year operating and capital budgets.? Financial management
- Authorize manual checks, company payments on daily basis both AP and expense - Review expenditure with appropriate application approval
- Monitor and develop Credit control, AR collection, and other policies, procedures are in place- Manage foreign exchange transactions and make sure they are in line with foreign exchange control policies and regulations- Experience with financial Software Exact ? Communication Skills
- Maintain good cooperation with local banks, Tax authority, SAFE, Custom, Import and Export agencies - Inter-company group confirmation and information collaboration - Coordinate and liaison with auditors for annual statutory audit and group reporting - Look after HR affairs like Payroll, Staff employment, FESCO Polices,Ralph Lauren Polo shirts
Staff statutory benefit and insurance etc,- Supervise Logistic functions (Logistic & Procurement Manager is under my supervision)- Handle annual inspection conducted by government and tax annual settlement by local tax authority as well as business, tax license renewal and update
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