Toronto, Ontario, Canada
Over 25 years of career in finance which covers both industrial and financial services businesses. Worked with up to 10 staffs and 30+ associates around USA, Europe, and Asia Pacific. Drove sales, productivity, people development, and process improvements. Earned the reputation of (1) result oriented leadership (2) Solid finance skills (3) Excellence in communication and conflict resolution.
Manage the transformation of Opex process. Upgrade daily quote approval process to ensure gross margin meeting/exceeding the plan. Review and approve major projects - Guided the usage of $100M Opex performance for R&D and marketing. 470 full time employees and 150+ contractors. Exceeding the expectations in the last 2 years. - Led the key decision makers to fix the long lasting challenges in headcount alignment against the right cost centers and projects while the company was moving toward a big integration with Keysight Corp. - Fixed the $12M contractor accrual process and drove visibility in billing. - Provided analysis on vendor inflation to enable pricing decisions. $0.5M - $1M impact. - Made approvals for all the key projects for product lunches. Checked and balanced against R&D resources/budget.
Lead the operation finance team for Wichita, Norman, and Monterrey factories to support a $2B Ducted System P&L. Driving productivity, inventory, and team vitality. Working with the purchasing team on the annual standard cost update to manage Purchase Price Variance and inflation correctly. Continue supporting sales team’s commercial finance activities. Also over see source one finance, which is approximately 50% of total Ducted System EBIT.
Finance leader serving MEA Control/Applied P&L and North America Ducted System Sales director. - Drove down AR past due from +20% down to single digit by working with sales leaders on deal analysis and risk assessment/control. - Provided advice to enable Sales team outperform expense targets despite of tight budget. - Helped a better Rebate/Discount program process and drove a 15+M saving opportunities in 2022 by harmonizing the rebate % and moved to unit based rebate to avoid price waterfall impact.
Leading the finance teams in original Haier Europe 7 legal entities at 800 million sales to be integrated with the Italy's Candy appliances‘ finance. Key missions including system conversion, finance org design, culture simulation, and balance sheet reevaluation. Still running the Haier CFO duties on day to day basis.
Led 85 finance members all over Asia including Sales, Manufacturing, and R&D units. Annual sales over 1B USD. Areas include Japan, Philippines, Vietnam, Malaysia, Thailand, and Indonesia.
Led financial validation process for part development, R&D budgeting, evaluation of product line relocation. Coverage including various sites in Japan, Thailand, Indonesia, Korea, and India.