Finance Business Partner

Primary Purpose Summary

• Under the supervision of Finance Director, perform financial performance monitoring to drive business strategy implementation for a profitable growth with cost and ROIC improvement.
• Focus on plant-level operational controlling, provide data analysis to support action plan generation and decision-making.
• Drive process improvement and internal control implementation.
• Collaborate with other Functions at plant and support continuous performance improvement.

Primary Duties and Responsibilities

• Cost Controlling
  • Execute and monitor the process costing process follow company policy, meanwhile driving costing accuracy improvement.
  • Perform cost structure analysis and profitability analysis for specific product lines;
  • Work closely with factory team across different levels to maintain hourly rate and drive cost improvement initiatives.
• Inventory Controlling
  • Perform regular Inventory Aging/NRV analysis and balance review, post GL entries accordingly, and upload Internal Control evidence as required by company policy;
  • Review inventory balance and fluctuation with Supply Chain and Quality functions on regular basis, collect justification and keep good track on action plans;
  • Perform market trend analysis and collaborate with Supply Chain and Purchasing team for continuous improvement;
  • Lead annual inventory stocktaking and collaborate with other Functions and external auditors to perform necessary Internal Control procedures.
• Capex and Customer Project Controlling
  • Support RD team in cost simulation for new project/business renewal by following standard templates;
  • Support ROI analysis for Capex application raised by functions, submit and track the application in system, and monitor the actual ROI result;
  • Track Capex usage, take necessary follow up actions with other Functions to ensure timely and accurate record;
  • • Lead annual Fixed Asset stocktaking and collaborate with other Functions and external auditors to perform necessary Internal Control procedures.
  • Monthly Closing and Reporting
    • Collaborate with Accounting/Tax/Internal Control team to complete monthly closing activities;
    • Follow standard procedures in monthly closing for Production Order settlement and Internal Order settlement;
    • Analyze Operational performance KPIs, including Productivity Variances, MFG Cost Absorption, MFG Costs v Hours, Purchase Price Variances, etc., by following regular process or designing new templates if needed;
    • Analyze business performance, such as the comparison with history/ budget/forecast/other benchmarks, with meaningful business related commentary and suggested focus;
    • Support monthly and quarterly rolling forecast, focusing on plant-level data and information;
    • Complete financial statement schedules in system as required;
    • Complete Internal Control procedures and upload evidence in system as required;
    • Support China/NEA report consolidation if needed;
    • Complete other tasks assigned by Global/Segment.
  • Annual Budget
    • Lead data collection, analysis and reporting for annual budget, focusing on plant-level Operation-related costs;
    • Perform monthly split and data upload as required;
    • Support China/NEA budget consolidation if needed.
  • Other tasks on demand

Required Qualifications

• Education
  • Bachelor’s degree or above in Accounting, Economic or Financial area
  • CPA or equivalent professional qualification as plus
• Experience
  • 5+ years of experience in manufacturing costing, financial analysis and reporting or plant controlling
• Capabilities
  • Strong SAP skills, especially in Controlling module;
  • Strong Excel and PowerPoint skills;
  • Fluent English speaking and writing;
  • Proactive and open-minded to new challenges, and self-motivated in continuous learning and personal development;
  • Capable of independent thinking, raising questions and challenging status quo to target for continuous improvement;
  • Capable of design or upgrade financial models for analysis, templates or tools;
  • Strong teamwork spirit, willing to accept special assignment for projects, and willing to step up to support team when needed.