CFO China

Employee | Accounting & Finance | Professional | Mainland China | Shanghai | 2024-02-07 | REQ-10068620

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The CFO of ING China is responsible for finance and tax activities for both Shanghai and Beijing branches.

The ING China CFO will oversee the finance function comprising financial, tax and regulatory reporting, management accounting & advice, controls and finance change teams, with team size of 7 members. Your focus will be on the execution of the China finance strategy, implementing robust, up to date and efficient regulatory reporting frameworks and pro-actively providing finance insights and support to senior business stakeholders.

As China CFO, you will have a statutory responsibilities to China regulators including NFRA, PBOC and etc. for all finance matters and play a key role to external auditors. You will also be a member of the China Management Team, Co-chair of China ALCO and a member of China NFRC (Non-Financial Risk Committee).

You are result-oriented and have sound knowledge and experience in the Financial sector. You excel at developing teams and individuals. At the same time, you are detail orientated and capable of approaching issues from analytical and strategic perspective and then defining concrete solutions that are practical to implement. You are independent, like to work on multiple tasks and can pro-actively manage multiple stakeholders.

Your most important tasks will include: ­

  • Develop and implement a robust finance strategy and functional plan to deliver effective financial operations across all businesses and functions in the company.
  • Assume financial end responsibility of the legal entities. Manage and develop the finance team, ensuring effective collaboration and a strong internal control environment.
  • Manage the relationship with the external and internal service providers that form part of the overall financial management framework.
  • Deliver high quality financial and regulatory reporting towards local regulators in a timely manner to ensure regulatory compliance and meeting relevant ING minimum standards.
  • Timely and correct financial and tax accounting and reporting in compliance with local regulations, local GAAP and IFRS in compliance with relevant ING minimum standards.
  • Prepare, execute and improve the planning and control cycle (budgeting, forecasting).
  • Pro-actively advise local management team and business teams on finance related topics. Collaborate cross functions (e.g. front office, operations, risks teams) to ensure timely delivery of cross function targets.
  • Implement ING finance strategy and drive change projects.

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Please be aware that the recruitment procedures, (labour) regulations and labour agreements of Mainland China apply.

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