David Wei Email & Phone Number

Working for the Finance Department as the CFO responsible for following 3 major sectorsConducting accounting treatment, budget and financial forecastTaking initiative for M&A, coordinating concerned parties and liaising with investment bank and intermediary agenciesLiaising with watch dog body, financial institutions and external auduitor

Working for Compliance Department. Conducting liaison with territorial supervision committees and accountancy firms responsible for external and internal audits; Sorting out transformation between financial statements and regulatory statements; Addressing complex tax issues; Optimizing internal control and risk managementAdvised traders on how to invest or dispose of financial products for the sake of optimal structure. The financial products included but not limited to multiple types of… Show more Working for Compliance Department. Conducting liaison with territorial supervision committees and accountancy firms responsible for external and internal audits; Sorting out transformation between financial statements and regulatory statements; Addressing complex tax issues; Optimizing internal control and risk managementAdvised traders on how to invest or dispose of financial products for the sake of optimal structure. The financial products included but not limited to multiple types of bonds, loans and depositsInteracted closely with supervision committees to keep track of changes in regulatory indicators included but not limited to liquidity ratio, leverage ratio and capital adequacy ratio in case of breach of regulationsAdvised finance department on how to account for business in the financial statements in favor of company’s interestConducted training for bank staff to develop an awareness of compliance within the companyPrepared financial modelling independently in response to different stakeholders’ requirement Liaised with territorial supervision committees and accountancy firms to ensure business alignment with statutory regulationsReviewed regulatory statements and financial statements to ensure recognition in line with business nature and submit to committee with efficiencySupplemented and reviewed company’s policies and procedures to ensure alignment with regulatory framework and business lines Show less

Working for Budget group of Finance Department. Conducting and performing Life Cycle Management of Ongoing Projects, Mergers, Acquisitions and Exits of Real Estate Projects, Preparation of Budgets. Meanwhile, Performing and reviewing Forecast as the member designated by Finance Department on Group LevelAnalyzed and Summarized KPIs of Ongoing Projects before completion; Conducted debriefing with regard to Operating Indexes included but not limited to Profits, ROE, Cash flows on both Project… Show more Working for Budget group of Finance Department. Conducting and performing Life Cycle Management of Ongoing Projects, Mergers, Acquisitions and Exits of Real Estate Projects, Preparation of Budgets. Meanwhile, Performing and reviewing Forecast as the member designated by Finance Department on Group LevelAnalyzed and Summarized KPIs of Ongoing Projects before completion; Conducted debriefing with regard to Operating Indexes included but not limited to Profits, ROE, Cash flows on both Project Leve and Shareholder’s Level and Owner’s fund back to the positive number, etcCooperated closely with treasury department on packing up underlying assets for ABS and interacted with financial institutionsDeveloped and optimized Financial Modelling;Took initiative in preparing simulation and reviewed the output results.Meanwhile, took consideration of exceptional restructuring transaction by applying absorbed mergers or spin-off to realize benefit at maximum, offsetting impact on profit on shareholder’s level from premium on acquisitionAccording to statutory requirements for Listed Company, estimated the impact on the transfer of shareholding interests and worked out the simulated result as the base on which to make decision for managementPrepared the program of M&A as the guiding procedures to effectively identify, assess deal issues in the process of Financial Due DiligenceConducted Engagements of Financial Due DiligencePrepared rolling budget for projects; Exercised control over supplemental budget on the Group Level Show less

Working for Risk Management Department. Conducting and performing risk management by raising suggestions and addressing risk to the acceptable levelProvided suggestions to a post-deal transaction and subsequent management for a manufacturing company Provided suggestions to a proposed loan for a pharmaceutical companyProvided suggestions to a proposed loan for a company manufacturing new energy vehiclesProvided suggestions to a proposed acquisition for a dairy company in… Show more Working for Risk Management Department. Conducting and performing risk management by raising suggestions and addressing risk to the acceptable levelProvided suggestions to a post-deal transaction and subsequent management for a manufacturing company Provided suggestions to a proposed loan for a pharmaceutical companyProvided suggestions to a proposed loan for a company manufacturing new energy vehiclesProvided suggestions to a proposed acquisition for a dairy company in AustraliaProvided suggestions to a proposed loan for a company holding the operational propertyProvided suggestions to a proposed loan for an internet small loan companyProvided suggestions to ABS and Channel business Show less

Beijing

Working for the Transaction Service attached to Advisory in KPMG. Conducting and performing Financial Due Diligence Service. Various types of transactions performed encompass as following:Engaged as a financial adviser to a company focusing on TMT in relation to the proposed fund raisingAcquisition of a domestic entity engaged in real estate carved out of a group by a State Owned EnterpriseAcquisition of a domestic entity engaged in TMT by a PE fund

Beijing

Working for the audit department in the Finance Company attached to SDIC.Performing regulatory interaction with relevant authorities by managing relationship with CBRC and PBOC to update compliance knowledge and maintain smooth communicationConducting and performing internal audit on various lines of business including inter bank business, statutory deposit in Central Bank, five-class Classification of assetsCombing through various financial businesses and assisting to compose… Show more Working for the audit department in the Finance Company attached to SDIC.Performing regulatory interaction with relevant authorities by managing relationship with CBRC and PBOC to update compliance knowledge and maintain smooth communicationConducting and performing internal audit on various lines of business including inter bank business, statutory deposit in Central Bank, five-class Classification of assetsCombing through various financial businesses and assisting to compose process guidance, navigating compliance within the companyPreparing regulatory reports and statements in response to China Banking Regulatory Commission (CBRC) and the People’s Bank of China (Basel III)Being loaned to Beijing Banking Regulatory Bureau to perform on-site inspection for 3 months from July,2016 through Oct, 2016 and highly assessed for my performance Show less

Beijing

Working for the Corporate Finance attached to Advisory in KPMG. Conducting and performing transaction and restructuring advisory service. Various types of transactions performed encompass as following:Engaged as the sole financial adviser to a company manufacturing solar thermal products in relation to the proposed fund raising exercise to assist the company’s business development.Engaged as the sole financial adviser to a company manufacturing agricultural harvester in relation to the… Show more Working for the Corporate Finance attached to Advisory in KPMG. Conducting and performing transaction and restructuring advisory service. Various types of transactions performed encompass as following:Engaged as the sole financial adviser to a company manufacturing solar thermal products in relation to the proposed fund raising exercise to assist the company’s business development.Engaged as the sole financial adviser to a company manufacturing agricultural harvester in relation to the proposed trade sale for execution of the deal process. Show less

Beijing

Working for the Transaction Service attached to Advisory in PWC. Conducting and performing Financial Due Diligence Service. Various types of transactions performed encompass as following:Acquisition of a domestic entity engaged in Mining Machinery by Joy Global as a global leader with industiral experience over 90 years in market.Acquisition of a domestic entity manufacturing equipment for use in the crude oil and coal-bed methane production industry by Baker Hughes with headquarters in… Show more Working for the Transaction Service attached to Advisory in PWC. Conducting and performing Financial Due Diligence Service. Various types of transactions performed encompass as following:Acquisition of a domestic entity engaged in Mining Machinery by Joy Global as a global leader with industiral experience over 90 years in market.Acquisition of a domestic entity manufacturing equipment for use in the crude oil and coal-bed methane production industry by Baker Hughes with headquarters in USAcquisition of an overseas leading energy company in South America by CNPC as China's largest oil and gas producer and supplierAcquisition of an overseas leading chemical group company in Europe by SINOCHEM GroupAcquisition of an overseas group company with deversified divisions including Silicon Materials, Carbon; Foundry; Solar; and Others by a large-scale state-owned enterpriseAcquisition of a privately held company engaged in shipping constrcution by Reignwood Investment (China) Co.,LtdAcquisition of a domestic entity engaged in catering by Jinjiang InternationalAcquisition of a life insurance wholly state-owned enterprise company by a large-scale state-owned enterpriseAcquistion of a real estate company by a PE headquatered in Hongkong Show less

Beijing

Working for the Auditing Department III in Ernst & Young. Conducting and performing audit of accompanying financial statements and relevant disclosures of notes to financial statements. Various types of companies audited encompass as following:Air China, focusing on auditing of cash & bank, finance lease, RPT elimination & disclosures, Costing, Landing and take-off expenses; internal controls on cash receipt and disbursement, segmental reporting, financial statements close process;… Show more Working for the Auditing Department III in Ernst & Young. Conducting and performing audit of accompanying financial statements and relevant disclosures of notes to financial statements. Various types of companies audited encompass as following:Air China, focusing on auditing of cash & bank, finance lease, RPT elimination & disclosures, Costing, Landing and take-off expenses; internal controls on cash receipt and disbursement, segmental reporting, financial statements close process; accompanying financial statements and disclosures of notes to financial statements.Baosteel, Performing audit of revenue and cost, inventory, deferred tax and relevant taxations.Asymchem Co., Ltd, performing audit of revenue and cost, inventory, and reconciliation of RPT.Joy Global Co., Ltd, performing review of accompanying financial statements and preparing reviewed financial statements.China Merchants International Travel Co., Ltd, performing audit of current accounts and taxation. Show less

Beijing

Performing interpretation as an inter in Chairman Office, conducting interpretation in meeting of directors hosted in Shanghai in Mar 2005.

Beijing

Working for the Auditing Department II in Peking Certified Public Accountants. Conducting and performing audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Various types of companies audited encompass as following:Beijing Chemical Work, concentrating on auditing of mergence with China Petroleum Co., Ltd.Beijing subsidiary of Charoen Pokphand Group, performing audit of accompanying financial statements and correction of… Show more Working for the Auditing Department II in Peking Certified Public Accountants. Conducting and performing audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Various types of companies audited encompass as following:Beijing Chemical Work, concentrating on auditing of mergence with China Petroleum Co., Ltd.Beijing subsidiary of Charoen Pokphand Group, performing audit of accompanying financial statements and correction of measurement of cost as well.Huasheng FUJITEC Elevator Co., Ltd, performing audit of accompanying financial statements and consolidated statements.Beijing Representative Office of C. MELCHERS GMBH & CO, performing audit of accompanying financial statements and calculation of taxation.Branches of Shanxi, Anhui of China Post, testing the performance on increment and maintenance in state-owned properties and equity.China Scientific & Trust Securities Co., Ltd, performing audit of accompanying financial statements and special economic transactions in securities industry. Show less

Master Of Science (Msc), International Consultancy And Accounting, Merit

Modules include Anglo-American Accounting, International Accounting, Multinational Financial Reporting & Analysis, Introduction.

Bachelor Of Science (Bsc), Accounting, Merit

Modules include Principles of Financial Accounting, Intermediate of Financial Accounting, Managerial Accounting, Cost Accounting, Advanced.