Chief Financial Officer (CFO) - US Subsidiary - Deo-Tek, Inc.

Job Summary:

The Chief Financial Officer (CFO) of the US 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 US 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:

• Financial Oversight & Management:
• Oversee and manage the financial operations of all overseas subsidiaries, ensuring alignment of financial resources with the company's global development strategy.
• Develop and execute financial strategies that support the subsidiary’s business objectives while maintaining compliance with US regulations and global best practices.
• Monitor financial performance, analyze financial data, and provide regular reports to the parent company’s executive team, highlighting key financial insights and recommendations.
• Financial Systems & Policies:
• Establish, improve, and manage the subsidiary’s financial management system, including financial planning, policy development, and optimization.
• Implement robust accounting management practices, cost control measures, and effective investment and financing strategies.
• Ensure accurate and timely financial reporting in compliance with US GAAP and other relevant accounting standards.
• Lead the implementation and ongoing management of the overseas financial information system, ensuring data integrity and accuracy.
• Operational Involvement:
• Participate in the subsidiary’s business operations, with a focus on identifying and addressing operational challenges.
• Collaborate with senior management and business units to enhance profitability, optimize financial processes, and drive business growth.
• 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.
• Report significant operational and financial issues to the parent company in a timely manner, ensuring transparency and proactive management.
• External Relations:
• Maintain and build relationships with key government departments and financial institutions, ensuring a favorable external environment for the company’s operations.
• Negotiate and manage financial agreements, including loans, investments, and partnerships, to support the company’s growth and financial stability.
• Represent the subsidiary in financial discussions and negotiations with external stakeholders, including auditors, regulators, and investors.
• Team Leadership:
• Lead, mentor, and develop the subsidiary’s finance team, fostering a culture of continuous improvement and high performance.
• Drive the recruitment and training of financial staff to build a strong, knowledgeable, and capable finance team.
• Promote cross-departmental collaboration and effective communication to ensure alignment of financial goals with overall business objectives.
• Compliance & Risk Management:
• Ensure compliance with all relevant financial laws, regulations, and standards, including US GAAP, SOX, and other applicable requirements.
• Develop and implement internal controls to safeguard the subsidiary’s assets and mitigate financial risks.
• Conduct regular audits and reviews to ensure the integrity and accuracy of financial data and processes.
• Additional Duties:
• Perform other tasks and responsibilities as assigned by the parent company, contributing to the overall success of the subsidiary.

Qualifications:

• Education:
• Bachelor's degree or above in Finance, Accounting, Business Administration, or a related field. A Master's degree or MBA is preferred.
• • Experience:
  • Over 10 years of experience in international financial management, including at least 5 years in a senior financial leadership role.
  • Proven expertise in establishing and managing financial management systems for overseas subsidiaries, including experience in investment calculations, plant construction management, and strategic investor relations.
  • Experience in financing, mergers and acquisitions, and introducing strategic investors is highly desirable.
  • Strong familiarity with US and European accounting standards, with additional knowledge of accounting standards in Germany, Japan, Thailand, and Vietnam considered an asset.
  • Skills:
  • Proficient in both English and Chinese (Mandarin), with strong business communication skills in both languages.
  • In-depth knowledge of US financial regulations, tax laws, and compliance requirements.
  • Excellent analytical and problem-solving skills, with the ability to translate financial data into actionable business insights.
  • Strong leadership and team management skills, with a focus on cross-cultural collaboration.
  • Meticulous, resilient, and diligent, with clear logical thinking and the ability to work under pressure.
  • Open-minded, strategic thinker with a strong risk awareness and the ability to balance principles with flexibility.
  • Other Requirements:
  • Over 3 years of work experience in the United States, with a willingness to be stationed in the US and potential travel to other countries.
  • Relevant financial certifications (e.g., CPA, CFA, ACCA) are preferred.

• • Relocating Package Available