Finance Manager-Consolidation
Description
Job Responsibilities
1. Group Financial Consolidation & Reporting
- Manage the monthly, quarterly, and annual consolidation process for the Group, covering across Asia, Europe, and the US.
- Review consolidated financial statements to ensure compliance with accounting standards and regulatory requirements, including Hong Kong Exchange (HKEX) listing rules and disclosure obligations.
- Prepare monthly financial statements, cash flow projections, and ensure key balance sheet accounts are reconciled in a timely manner.
- Maintain and standardize accounting policies across the Group to ensure consistency in reporting practices.
2. Intercompany & Revenue Recognition
- Maintain the accuracy of intercompany and related-party loans and transactions across the Group.
- Handle revenue recognition queries, particularly concerning project milestones and revenue calculations.
- Prepare annual intercompany charging calculations and streamline intercompany processes through automation.
3. Team Leadership & Development
- Lead and manage a consolidation team, providing guidance, training, and performance oversight to ensure high-quality and timely deliverables.
- Foster a collaborative and high-performing team culture, driving continuous improvement in consolidation processes and reporting accuracy.
- Allocate resources effectively across the team to meet reporting deadlines and ad hoc project requirements.
4. System Implementation & Process Improvement
- Participate in group-level system implementation and data migration projects.
- Lead process improvements for group consolidation at the corporate level, moving toward greater automation and efficiency.
Key Requirements:
- Experience: Minimum 5 years post-qualification experience in a multinational company with complex accounting
- Technical Skills: Strong hands-on consolidation exposure (comfortable using Excel for consolidation) and proficiency in SAP.
- Listing Experience: Prior experience with Hong Kong Exchange (HKEX) listed companies, including familiarity with HKFRS/IFRS reporting and listing compliance.
- Leadership: Proven experience leading and developing a consolidation team in a multi-entity, multi-jurisdiction environment.
- Language: Fluency in spoken and written Chinese (Mandarin) is advantage to communicate with regional finance teams and stakeholders across Chinese-speaking jurisdictions.
- Qualifications: Degree in Accounting or ACCA certified.
- Traits: Driven, flexible, independent, and hands-on, with the ability to work with stakeholders from diverse backgrounds.