2        Job Purpose
Reporting to and partnering with the chief executive officer (CEO), the chief financial officer (CFO) will play a critical role in developing and implementing the global strategy for XX Group Ltd. As a member of the senior leadership team, the CFO will be an advisor to the divisional presidents, evaluating and assisting them with their financial plans and economic modeling. S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the board of directors and the finance, audit, and investment committees of the board
3        Relationships
3.1        Internal: the incumbent report to the CEO immediately; supervises Controllers, Managers, Investor relation, Taxation;
3.2        External: Externally deals with Legal Counsel, External Auditors, AMEX, SEC, IR/PR Firm, financial institution, Investment Bank;;
4        Key Accountabilities
Key job tasks of Chief Financial Official Officer:
1  Strategy
        As a true business partner to the CEO and divisional presidents, assess organizational performance against both the annual budget and company’s long strategy.
        Develop tool and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations;
        Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating models and operational delivery;
        Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants ( auditor, investment advisors);
        Oversee long-term budgetary planning and costs management in alignment with company strategic plan, especially as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations.
2   Executive Management
-        Service as a member of executive leadership team;
-        Participate in key decisions pertaining to strategic initiatives, operating model and operational execution.
3  Financial Planning and Analysis
-        Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); weekly cash follow forecast;
-        Complete analysis of financial results; development recommendations (strategic and tactical)
-        Develop and execute analysis of various business initiatives (e.g. opening new operations, asset acquisition, new services launches);
-        Develop and maintain capital budget;
-        Assist in development of financial planning and analysis exercises/reports;
4   Finance
-        Oversee cash flow planning and ensure availability of funds as needed;
-        Oversee cash, investment, and asset management;
-        Oversee financing strategies and activities, as well as banking relationships;
-        Develop and utilize forward-looking, predictive models and activity-based financial analyzes to provide insight into the organization’s operations and business plans;
5   Planning, Policy, and Investor Relations
-        Coordinate the development and monitoring of budgets;
-        Develop financial business plans and forecasts;
-        Participate in corporate policy development as member of the senior management team;
-        Engage the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections;
-        Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, and etc.;
6   Accounting and Administration
-        Oversee the accounting department to ensure proper maintenance of the all accounting systems and function; supervise company finance staff;
-        Ensure maintenance of appropriate internal controls and financial procedures;
-        Ensure timeliness, accuracy, and usefulness of financial and management reporting for government, funders, foundations, and company board of directors; oversee the preparation and communication of monthly and annual financial statements;
-        Coordinate audits and proper filing of tax returns;
-        Ensure legal and regulatory compliance regarding all financial functions.
7   Team Management
-        Mentor and develop a direct team of four, managing work allocation, training, problem resolution, performance evaluation, and the building an efficient team dynamic;
-        Guide larger, cross-divisional teams globally.
8   Accounting Activities
-        Oversee preparation of month-end, quarter-end and year-end financial statements;
-        Review all month-end closing activities, including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation;
-        Enhance and implement financial and accounting systems, process, tools and control systems;
-        Serve as final point of escalation for Accounts Receivable/Accounts Payable issues;
-        Develop and manage accounting staff
8   Corporate Development
-        Represent company in efforts with investment bankers and potential investors;
-        Prepare various analyzes and reports required by corporate development efforts.
5        Person specification
5.1        Master's degree in financial management or accounting, and economics; CPA would be a plus;
5.2        10+ years progressively responsible experience as CFO or equivalent, preferably in large-scales FMCG organization with budget of at least CNY100 million;
5.3        Deep knowledge and understanding of the office of management and budget;
5.4        Experience working with information technology staff to manage finance and accounting software packages;
5.5        Excellent bilingual written and verbal communication skills;
5.6        Demonstrate leadership ability, team management and interpersonal skills;
5.7        Excellent analytical and abstract reasoning skills plus excellent organization skills;
5.8        Experience in senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies;
5.9        Significant experience in or knowledge of accounting, sophisticated fund, compliance and reporting.