Finance Manager

Job Summary： 

We are seeking a detail-oriented and experienced Plant Finance Manager to join our team. The Finance Manager will be responsible for the overall manufacturing product costing, ensuring accurate financial reporting, and providing insights to support the local operation team decision-making. This role will play a critical role in budgeting, forecasting, and improving cost efficiency across the organization in ASCT. 

Responsibilities： 

1. Cost Management: 

    • Collaborate with R&D and procurement departments to calculate the material costs for the US factory, standardized cost calculation principles, and         perform standard cost accounting based on system requirements. 

    • Regularly maintain and update the standard cost data in the system based on the results of standard cost accounting.

    • Conduct monthly PPV (Purchase Price Variance) analysis and update standard cost data promptly based on the reasons for variances to minimize PPV discrepancies. 

2. Cost efficiency: 

   • Analyze production variance and efficiency differences, promote cost reduction and efficiency improvement (such as material purchase cost reduction,       optimizing the supply chain, process improvement, etc.)

   • Analyze the reasons for inventory discrepancies and adjust inventory management processes and data accordingly.

   • Participate in the formulation of pricing strategies and provide support for product cost estimation.

3. Budget & Forecast Management: 

   • Take the lead in preparing the factory's annual budget, track the implementation status, and conduct regular budget-actual comparison analysis.

   • Manage the factory's cash flow and optimize working capital (accounts receivable, inventory, accounts payable cycles). 

4. Department Expense Control: 

   • Standardize the application, reimbursement, approval, and related financial processing procedures for non-production materials, and improve existing        processes. 

  • Produce monthly expense reports, organize monthly cost meetings, identify improvement projects, and drive their implementation. 

5. Tax and Compliance: 

   • Ensure the factory's tax compliance (value-added tax, income tax, customs duties, etc.) and complete local tax declarations in a timely manner.

   • Research local tax preferential policies (such as subsidies, tax exemption periods) to strive for tax cost optimization.

   • Prevent financial risks and improve internal control processes (such as expense approval, inventory checking).

6. Cross-Departmental Collaboration

   • Support departments such as production, procurement, and logistics, and provide financial data as a basis for decision-making (such as capacity investment return analysis). 

   • Promote financial digitalization (such as BI tools, automated reports).

7. Temporarily tasks assigned by leadership. 

Qualifications: 

• Bachelor’s degree in accounting, Finance, or a related field.

• Over 10 years of experience in cost accounting within the manufacturing industry. 

• In-depth understanding of cost accounting principles and practices. 

• Proficiency in related software (e.g., SAP, Oracle, PowerBI) and Microsoft Excel. 

• Experience with ERP systems and data analysis tools. 

• Familiarity with cost accounting in compliance with US GAAP. 

• Proficiency in both Chinese and English expression 

• Excellent analytical and problem-solving skills. Strong attention to detail and accuracy. 

• Ability to work independently and communicate effectively with cross-functional teams. 

• Self-driven, willing to take challenges. 

• Purse continuous improvement, prepare to roll up sleeve and get things done. 

• Engaged, work under pressure, working with passion and sense of responsibility. Preferred Qualifications: 

• CPA or CMA certification is preferred. 

• Familiarity with lean manufacturing principles and practices. 

• Work well in global and multi-culture environment is preferred