Financial Analysis Director - Dell - Beijing

Job description
Reporting directly to the International Finance VP, the successful candidate will lead the Greater China Regional finance function, partnering business group directors in growing the business. This position will be responsible for directing and managing multiple business and accounting organizations, processes, and systems, including development, implementation, strategy, process improvement, management of complex business processes and systems to support key business initiatives.

He/she is required to lead the compliance charge requirements of the Sarbanes-

Oxley Act and all Dell internal guidelines and policies. This position will champion

the drive for compliance with corporate governance rules, assuring the control

structure remains effective, recognizing that compliance is a MUST and Dell have

zero tolerance for non-compliance behavior, as organizations grow and change over time.

The Finance Director serves as the lead financial executive for nearly $2.5 billon


China operating unit and will be responsible for managing and driving the finance

function for the said region serving as the primary interface with the finance team in

country and at the Area (Developing Markets) / Corp. HQ level. Focus will be on

driving profitable results and assuring timely financial analyses and reporting in

support of business plans and operations. He/she will initiate and drive

improvements to cost efficiency and profitability. He/she will comply with existing

finance processes and procedures meeting internal and external requirements and is expected to suggest & implement finance practices that will drive further efficiencies.

This senior management role offers the opportunity to implement policies, deliver

direct contribution to generate shareholder value, and provide challenge and support to operational management while working in partnership with the business and within the larger Finance team. Providing leadership to his/her country Finance team leaders, he/she will also have responsibility for recruitment & talent development, budgets and career management of staff.

The Finance Director will in this role be responsible to provide strategic and

operational leadership to countries specified within China region and will also carry

responsibility for leading the finance function of the Dell China business which is

expected to grow significantly in the coming years.

Key Roles and Responsibilities:

• Proactively drive business results in partnership with the Greater China Senior

Leadership Team: The Finance Director would need to clearly understand the

operating levers of the business and advice on contingency plans and strategies

for meeting agreed bottom-line and top-line targets. He/she would be responsible

for recommending and monitoring an optimal balance in the revenue mix across

different business units and ensure the overall financial health of the business.

Ability to constructively push back and resolve major issues relating to finance

and operations is a key expectation for this role.

• Engage as a thought leader in constant examination of the external and

internal business environment to support Dell’s growth: The Finance Director

will play a key role in assisting the Greater China CEO in exploring different

options through sophisticated sensitivity analysis around the key operating

parameters while acting as a broader business consultant. The Finance Director

must understand broader organizational issues and work with cross functional

teams in driving holistic business objectives to maximize profitability within risk

and revenue recognition parameters acceptable to the Company. This would

require the individual to provide analytical frameworks, scenarios (e.g. revenue

recognition models) and options in terms of “what if” plans and alternative models

that is innovative and legally compliant with the highest standards of financial

propriety and discipline.

• Strengthen internal control systems and processes: Dell has grown rapidly over

the last few years and the systems & internal control processes have been

challenged in keeping pace with the size and scale of the business. One of the key

priorities for the Finance Director would be to hook internal controls, systems,

processes & infrastructure into the business. Thereafter, constantly review and

upgrade the same for improved productivity. In addition, the Finance Director will

have a good handle on costs and will continually seek opportunities to optimize

the operating cost base.

• Develop and transform the finance organization: The Finance Director will

assess the bench strength and future needs of the organization to ensure that the

department is rationalized and upgraded in a manner that best meets the needs

of the business in a fast growing and evolving environment. He/she will also be

responsible for transforming the team’s outlook, goals and drive the finance

organization to achieve excellence. The Finance Director will be responsible for

building and leading the Finance function human capital effectively and ensuring

that the Dell’s finance team has the bandwidth and the capability to meet the

demands of a growing organization in a competitive environment. People

development, employee satisfaction, and retention are integral to the success of

the organization. The Finance Director will need to have the ability to identify

people and organizational requirements to enable achievement of short to longterm business plan results

• Ensure compliance and accurate financial reporting: As caretaker of the

financial health of the Company, he/she will need to ensure accurate reporting

with minimal “surprises”. The individual would be responsible for producing

accurate and legally compliant financial statements on time and institute financial

practices and policies in line with the Company’s philosophy and applicable

regulatory norms and standards. He/she would drive the provision of key decision

support analyses & information for field activities and continuously improve the

quality and reliability of financial and accounting information. Additionally,

compliances under local statues and legislations will be the responsibility of the

Finance Director. Statutory audit, local filings and submissions will also fall under

the purview of this role.

Specifically, the Finance Director will oversee the following finance functions:

Financial Planning & Accounting:

• Responsible for the development, implementation, maintenance and/or change of

accounting processes, systems, and procedures including documentation and

communication of policies.

• Experienced in P&L reporting and analysis, cost projections and ideally have

worked in a fast paced, self-starter environment.

• Elaborate Budget reports for control management; budgetary responsibility

including development and management of departmental budgets. Approval of

routine budget expenditures (i.e. supplies travel, etc.), analysis of variances and

approval management for major capital expenditures.

• Analyze financial statements to ensure compliance with GAAP

• Authorize the annual audit programs

• Quantify the commitment of the group's business units; product design and

analyze its profitability; establish procedures and entering criteria.

Orchestrations and Organization Agility:

• Coordinate the interaction of business processes across multiple organizations

external to finance.

• Communicate complex or judgmental accounting policies and procedures to

controllers and senior management. Interact with GMs, VPs and Corporate

controller on complex accounting matters.

• Interpret operating results as they affect the financial aspects of the corporation

and make specific recommendations that will result in cost reduction and profit

improvement.

• Assume responsibility for the correct and accurate reporting of all financial

information.

• Responsible for ensuring organization is adequately staffed, developed and

trained.

• Chair and/or participate in divisional or Company-wide projects.

Control and Compliance

• Improve internal controls, prepare business for the SOX, develop a control

philosophy, and support the development and expansion of the Company. By this,

he/she will also be responsible for:

• Establish control objectives to ensure accurate compilation, analysis, reporting

and security financial data and safeguarding of Company assets, and

compliance with accounting standards and Company policies. Support the corporate Controller, give follow-up to the regularization of the institution;

The identification of operation risks, having an integral and ethical finance risk

administration.

• Develop objectives and policies for Finance business processes.

• Inform the Risk Committee and General Director of global exposure and risks

the China might have.

Taxation

• Working as with part of a small global tax team, he/she is expected to understand

tax affairs of the global business, encompassing tax compliance and advisory work.

• Regional tax planning and compliance to ensure they align with overall Company

strategy. Additionally he/she will perform due diligence on M&A activities and

Company restructuring. Drive process enhancements and best practices to

improve both the quality and utilization of tax information.

Treasury

• Ultimate responsibility for defining guidelines and providing direction for the

conduct of treasury activities both at business unit level.

• Provide support on all matters pertaining to cash management, corporate

financing, foreign currency and interest rate exposure.

• Manage and develop banking relationships and be responsible for the country

insurance policies.

External leadership

• Frequently represents Dell externally through customer visits, speaking

engagements and press

Qualifications

Minimum 15 years experience with strong business partnering background with Sales GMs, driving financial and operational compliance, developing financial and buisness strategies, pricing and customer interaction/negotiations.

Requires experience with leading teams (both direct and virtually) through change across people, process and technology. Undergraduate degree required - graduate and other professional certificaitons a plus.

Enter your email address:

Pass it on for Referral Bonus. Not the right role for you, but know someone we should meet? Share with him to earn $1,000 referral bonus.