The Chief Financial Officer (CFO) of the German subsidiary of a leading Chinese laser cutting machine company will be responsible for overseeing and managing all financial operations of the subsidiary, ensuring alignment with the company's global strategies. This role requires a seasoned financial leader with extensive experience in international finance, particularly in managing the financial functions of overseas subsidiaries. The ideal candidate will possess a deep understanding of German and international financial regulations, strong leadership skills, and the ability to operate in a cross-cultural environment. Proficiency in both English and Chinese is mandatory.
Key Responsibilities:
1. Oversee and manage the financial operations of German overseas subsidiaries, ensuring alignment of financial resources with the company's global development strategy.
2. Develop and execute financial strategies that support the subsidiary’s business objectives while maintaining compliance with German regulations and global best practices.
3. Monitor financial performance, analyze financial data, and provide regular reports to the parent company’s executive team, highlighting key financial insights and recommendations.
4. Establish, improve, and manage the subsidiary’s financial management system, including financial planning, policy development, and optimization.
5. Implement robust accounting management practices, cost control measures, and effective investment and financing strategies.
6. Ensure accurate and timely financial reporting in compliance with German GAAP and other relevant accounting standards.
7. Lead the implementation and ongoing management of the overseas financial information system, ensuring data integrity and accuracy.
8. Participate in the subsidiary’s business operations, with a focus on identifying and addressing operational challenges.
9. Collaborate with senior management and business units to enhance profitability, optimize financial processes, and drive business growth.
10. Provide strategic financial advice and support to the company’s leadership, aiding in decision-making processes related to investments, expansions, and other key business activities.
11. Report significant operational and financial issues to the parent company in a timely manner, ensuring transparency and proactive management.
12. Maintain and build relationships with key government departments and financial institutions, ensuring a favorable external environment for the company’s operations.
13. Negotiate and manage financial agreements, including loans, investments, and partnerships, to support the company’s growth and financial stability.
14. Represent the subsidiary in financial discussions and negotiations with external stakeholders, including auditors, regulators, and investors.
15. Lead, mentor, and develop the subsidiary’s finance team, fostering a culture of continuous improvement and high performance.
16. Drive the recruitment and training of financial staff to build a strong, knowledgeable, and capable finance team.
17. Promote cross-departmental collaboration and effective communication to ensure alignment of financial goals with overall business objectives.
18. Ensure compliance with all relevant financial laws, regulations, and standards, including German GAAP, SOX, and other applicable requirements.
19. Develop and implement internal controls to safeguard the subsidiary’s assets and mitigate financial risks.
20. Conduct regular audits and reviews to ensure the integrity and accuracy of financial data and processes.
21. Perform other tasks and responsibilities as assigned by the parent company, contributing to the overall success of the subsidiary.
Qualifications:
1. Education: Bachelor's degree or above in Finance, Accounting, Business Administration, or a related field. A Master's degree or MBA is preferred.
2. Experience: Over 10 years of experience in international financial management, including at least 5 years in a senior financial leadership role.
3. Proven expertise in establishing and managing financial management systems for overseas subsidiaries, including experience in investment calculations, plant construction management, and strategic investor relations.
4. Experience in financing, mergers and acquisitions, and introducing strategic investors is highly desirable.
5. Skills: Proficient in both German and Chinese (Mandarin), with strong business communication skills in both languages.
6. In-depth knowledge of German financial regulations, tax laws, and compliance requirements.
7. Excellent analytical and problem-solving skills, with the ability to translate financial data into actionable business insights.
8. Strong leadership and team management skills, with a focus on cross-cultural collaboration.
9. Meticulous, resilient, and diligent, with clear logical thinking and the ability to work under pressure.
10. Open-minded, strategic thinker with a strong risk awareness and the ability to balance principles with flexibility.
11. Other Requirements: Over 3 years of work experience in Germany, with a willingness to be stationed in Germany and potential travel to other countries.
12. Relevant financial certifications (e.g., CPA, CFA, ACCA) are preferred.
Seniority level
Not Applicable
Employment type
Full-time
Job function
Accounting/Auditing and Administrative
Industries
Manufacturing, Industrial Machinery Manufacturing, and Commercial and Service Industry Machinery Manufacturing
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