Francis Kk Lee

Francis Kk Lee Email and Phone Number

CFO - Hong Kong and Macao at Ericsson Ltd @ Ericsson
kista, stockholm, sweden
Francis Kk Lee's Location
Chaoyang District, Beijing, China, China
Francis Kk Lee's Contact Details

Francis Kk Lee personal email

About Francis Kk Lee

Experienced Regional Finance Director for Asia Pacific Region with 20+ years from US MNC. Strong in management of financial operation (such as Assets and P&L management, financial forecasting / planning, cost efficiency programs) and M&A / financial due diligence. Also strong in business operation management ( such as Supply Chain management, Logistics / Distribution, Customer Service, Order Management, Sourcing,Office Administration, HR and IT). Excellent partnering with senior management in business and sales strategy setting, improve business performance and operating cost reduction. Used to work in matrix organizations and flexible in work base country.

Francis Kk Lee's Current Company Details
Ericsson

Ericsson

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CFO - Hong Kong and Macao at Ericsson Ltd
kista, stockholm, sweden
Website:
ericsson.com
Employees:
128421
Francis Kk Lee Work Experience Details
  • Ericsson
    Cfo, Hong Kong And Macao
    Ericsson Jan 2009 - Present
    Hong Kong
    Responsibilities:• Reporting to country President and functionally to Regional CFO.• Managed all financial operations and business operation functions sales administration, shipping & logistics, sourcing, IT and office administration), corporate governance and risk assessment, legal and statutory compliance. • Partnered with management team to improve business performance, achieve internal Key Performance Index and drive profitability. • Interface with customer and external professional parties on company matters.Achievements:• Elevated cash collection ratio ranking from #3 to #1 in the first year in the region through improved analysis, AR collection procedures, implementing customer calls in place of emails and direct customer contact.• Improved Net Working Capital ratio by improving culture of Finance organizations through more collaborate team approach with free flowing information and cross function knowledge sharing.• Awarded “Team Excellence” award.
  • Ericsson
    Finance Director, - Region China And North Asia (Rnea)
    Ericsson Sep 2011 - Sep 2013
    Beijing, China
    Responsibilities:• Reporting to Regional CFO of North East Asia region.• Support Merger & Acquisition activities, deal negotiations, due diligence in the region.• Analyzed target companies and conduct financial analysis on benefits and risks.• Post acquisition integration for company into Ericsson operation – legal entity, financial data and reporting system.• Special assignments such as cost efficiency programs from memeber of senior management
  • Redback Networks Inc.
    Director Of Finance, Apac / Senior Director Of Operation, Apac
    Redback Networks Inc. Oct 2002 - Dec 2008
    Hong Kong
    Responsibilities:• Matrix organization Reporting - Reporting to VP,APAC and functionally to Corporate CFO and different Business Operation Function Heads. • Partnered with VP and different country managers to drive business growth and business performance in region. Also acted as financial advisor to VP of APAC and Corporate HQ.• Managed all finance and business operation functions (sourcing, customer ordering, logistic / shipping, HR, IT, Office Administration)for APAC region.• Managed outsourced manufacturingAchievements:• Saved RMB$2 Million in unresolved tax issues for China office and avoided penalty from tax authority.• Turned around sales, tripling turnover in 3 years.• Restructured dysfunctional leadership team and improved communication between management teams.• Conducted SWOT analysis and sales strategy review to set action plan with timelines as well as increased client meetings and greater confidence among customers• Received different awards - "Most Valuable Employee", "Excellency in Execution" and "Best Partnering with Sales" in 5 consecutive years.
  • C.B. Wong & Co.
    Business Advisor / Consultant
    C.B. Wong & Co. Mar 2001 - Aug 2002
    Hong Kong
    Responsibilities:• Re-structured and improved operational efficiency with faster turnaround, standardization of analysis and reporting, and automation of process which resulted in long-term cost savings and personnel reduction.• Project resulted in 20% manufacturing cost savings in departmental expenses.• Project resulted in 5-10% personnel reduction.• Financial reporting time cut down from 4 days to 1.• Formulated new accounting policies in compliance with GAAP and guidelines which were previously not written down to avoid confusion and provide consistent accounting treatment of transactions.• Liaison with bank on client’s banking requirement e.g. factoring, term loan, equipment loan, and banking facilities in Hong Kong for Chinese companies.
  • Lucent Technology
    Cfo Bu Internet-Working And Channel Sales (Lucent) / Dir. Of Fin./ Admin, Apac (Ascend)
    Lucent Technology Jun 1998 - Feb 2001
    Hong Kong
    Ascend Communications, a fast growth US MNC, was acquired by Lucent Technology (US MNC).Responsibilities:Ascend Communications:• Matrix organization reporting - Reported to APAC Sales VP, Corporate VP Finance and different Corporate Function Heads.• Financial advisor and business partner with VP Sales, APAC and all other APAC country managers.• Set up the whole Finance & Administration functions to support APAC fast growing business from scratch• Managed the finance and business operation activities of APAC• Formulated and set up financial and internal control policy, process and procedures.• Identified, formulated and set up ERP systems in Finance and Administration functions (accounting, HR, customer order).• Negotiated sales contract with Networking Carriers• Liaised with external parties e.g. tax, custom, auditor, banker, lawyer, freight forwarder and suppliers in Asia Pacific countries.• Managed pre- and post acquisition activities within the regionLucent Technology:• Reported to APAC CFO.• Managed the financial activities of the newly setup APAC Channel Sales organization (with multi billions sales turnover) and the Inter-networking Business Unit.
  • Kemet Electronics Corporation
    Director Of Finance And Administration, Asia (Shanghai Base)
    Kemet Electronics Corporation 1992 - 1998
    Hong Kong
    Responsibilities:• Matrix organization reporting - Reported to Corporate CFO in USA and General Manager of Asia. • Managed the Finance and Administration functions in Asia • Re-built F&A functions (including Costing, Treasury, IT, HR, Customer Service, Shipping / Distribution, Logistics, Warehouse and Office Administration) and ERP system to support Asia business operations.• Worked with Chinese partner to negotiate with different Government Authorities in setting up manufacturing plant (JV), Bonded warehouse (JV), distribution center (JV) and trading company (Foreign Wholly Owned Subsidiary) in Pungdong (Free Trade Zone), Shanghai, China.• Managed the manufactuuring plant operations and Bonded Warehouse in addition to Finance and Administration activities• Received Outstanding Performance Silver Medal.as a result of excellent performance.
  • Ibm
    Finance / Planning Manager
    Ibm 1982 - 1991
    Hong Kong / Canada
    Worked in IBM Hong Kong and then IBM Canada (S/W and HW development) for a total of 10 years in different functions such as AR, AP, General Ledger Accounting, Budgeting and Forecasting and Financial Planning, Cost Accounting. Managed Accounting and Financial Planning function. Gained valuable IBM people and project management experience.

Francis Kk Lee Skills

Acquisition Integration Start Ups Forecasting Treasury Management Revenue Recognition Sox Compliancy Operations Management Sales Management Sales Operations Purchasing Office Administration Distribution Center Operations It Management Hro Logistics Management Pricing Outsourcing Mergers And Acquisitions P&l Management Executive Management Cross Functional Team Leadership

Frequently Asked Questions about Francis Kk Lee

What company does Francis Kk Lee work for?

Francis Kk Lee works for Ericsson

What is Francis Kk Lee's role at the current company?

Francis Kk Lee's current role is CFO - Hong Kong and Macao at Ericsson Ltd.

What is Francis Kk Lee's email address?

Francis Kk Lee's email address is fr****@****hoo.com

What skills is Francis Kk Lee known for?

Francis Kk Lee has skills like Acquisition Integration, Start Ups, Forecasting, Treasury Management, Revenue Recognition, Sox Compliancy, Operations Management, Sales Management, Sales Operations, Purchasing, Office Administration, Distribution Center Operations.

Who are Francis Kk Lee's colleagues?

Francis Kk Lee's colleagues are Mihai Ciobanu, Dávid Móczár, Salvation Peter, Avinash Upadhyaya, Fiona Lamond (Chartered Mcipd), Ramon Beltran Moraga, Marge Lest.

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