Global Director of Finance
Job Summary :
The Global Director of Finance at plays a crucial role in leading our global financial operations, ensuring alignment with corporate objectives, and building & managing financial activities / processes across all divisions.
This individual will be responsible for overseeing day-to-day financial reporting, driving global financial strategies, and ensuring all plants comply with budget and quality controls.
Responsibilities :
Corporate Governance and Compliance
- Ensure the robust protection of the company’s assets, focusing on both tangible and intangible assets through comprehensive security measures.
- Enhance and uphold the internal control framework, ensuring adequacy and effectiveness to prevent fraud and ensure financial accuracy, including regular reviews and deep-dive audits of balance sheets.
This includes adherence to generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) as applicable.
Financial Management and Operations
Manage global finance functions, ensuring efficient and effective operations through the integration of financial processes and technology platforms (e.
g., ERP systems, inventory management, cash cycles).
Oversee day-to-day global financial reporting activities, ensuring smooth operations across all financial processes (e.
g. financial accounting, inventory management, cash cycle etc.)
Develop and maintain a cost allocation plan for all global entities, enhancing financial efficiency and transparency.
Strategic Leadership and Direction
- Lead the annual business plan process in collaboration with plant controllers worldwide, setting financial goals and ensuring alignment with corporate strategies.
- Participate actively in strategic discussions, including M&A and investment plans, providing crucial financial calculations, suggestions, and guidance.
- Build high-performing teams, mentor staff and drive continuous improvement culture
Business Performance and Improvement
Drive performance management cycles (e.g. daily / weekly / monthly / quarterly KPIs, monthly financial reports, performance reviews by BU and department;
escalated frequency of reviews for underperforming areas)
- Engaging / challenging all plants and sites globally to ensure budget adherence and financial optimization and culture of financial accountability,
- Build insights from data; identify and manage risk and opportunities to budget / forecast
- Be an integral member of the financial approval committee, overseeing / questioning key investments / capital expenditures, new quotes, Engineering Change Notices (ECNs), and commercial issues.
Capital Strategy
Lead the company in strategic cash management, ensuring adequate funding and liquidity for all operational needs and driving increase in free cash flow
Reporting Structure :
- This position reports directly to the President.
- North American finance team members reporting directly and China finance team members reporting on a dotted-line basis (solid line to the plant) to this position
Competencies / Behaviors :
- Demonstrates drive and motivation (and ability to think creatively) to achieve organizational objectives.
- Employs a first-principles + MECE thinking approach to problem-solving, maintaining an independent viewpoint based on factual and rigorous analysis.
- Knack for working well with a wide range of people and cultures
Qualifications :
- Business Degree or equivalent, with a strong preference for a CPA or similar designation.
- Minimum of 10 years of experience in the automotive industry, with a significant focus on finance.
- Proven experience in global finance controlling within a global organization.
- Strong leadership skills with at least 5 years of people management experience.
- Proficiency in ERP systems, financial reporting, and analytic applications.
- Fluency in Mandarin is advantageous
- Ability to travel internationally